Editing Lazard (section)

===Asset management===
Lazard's asset management business provides [[investment management]] and financial advisory services to institutional clients, financial intermediaries, private clients, and investment vehicles around the world. The firm manages assets on behalf of institutional clients ([[corporations]], [[labor unions]], public [[pension fund]]s, [[College and university endowments in the United States|endowments]], [[Foundation (nonprofit organization)|foundations]], [[insurance companies]], and banks; and through sub-advisory relationships, [[mutual fund]] sponsors, [[broker-dealer]]s and registered advisors) and individual clients (principally [[family office]]s and [[high-net-worth individual]]s).<ref name="10-K 2021" />