Institutional Client Group Summer Intern
Asset Management
Posted on 9/29/2025

Lazard
Compensation Overview
$40.87/hr
New York, NY, USA
In Person
2026 Institutional Client Group Summer Internship Location New York Business Unit Asset Management Program Type Summer Internship Description Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight. Many of the world’s leading investors — from individuals to institutions across the globe — have entrusted Lazard Asset Management. We pride ourselves in uncovering the best investment opportunities for our clients. The purpose of our asset management business is to help our clients invest for the future — whether it’s for retirement, to grow and preserve inter-generational wealth, or to benefit the organizations that make our world smarter, healthier and more sustainable. Our Sales teams engage investors and their representatives to identify investment needs and explore ways in which LAM is positioned to meet those needs. There are several departments within Sales including: Private Clients, Financial Institutions, and Institutional Clients. Our hands on, 10-week internship is designed as a Summer Associate program between interns’ junior and senior year, who are interested in pursuing a career in Sales. You’ll establish a deep understanding of how our Institutional Client Group work clients in the Americas through industry-leading products, advice and service. In addition to role-specific training, interns also receive mentorship, engage in networking and volunteer opportunities, and benefit from employee resource groups such as LEAD, focused on the development of future leaders through training, internal mobility, and philanthropy. The summer internship concludes with a final capstone project in which interns present an innovative sales pitch or a white paper on an interesting industry topic. Please note the program is open to rising seniors eligible to return full-time in 2027. We’ll trust you to:Work with Institutional Client Group sales reps and associates to best understand LAM’s diverse client base and strategic products sold within a channelResearch major trends within the industry to drive sales channel businessPrioritize extensive potential prospects list based on firm strengths and client needsWork alongside Institutional Client Group associates to complete client requestsUse various internal and external research tools to conduct analyses further deepening client relationshipsUpdate presentations for portfolio managers and sales representativesConduct competitive analysis based on qualitative and quantitative metrics Our firm is made up of motivated, intellectually curious leaders. We are looking for undergraduates with demonstrated interest in investment management, and passion for sales and relationship management. You’ll need to have: Consistent academic achievementStrong leadership skillsAbility and desire to work in a collaborative environmentPassion for markets and investingExceptional organization and communication skills (written and oral)Intellectually curious and willingness to learnStrong attention to detail and the ability to multi-taskIntermediate use of Excel and PowerPoint preferred Note, we will review applications on a rolling basis. Representation at LazardLazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.Our appreciation of diversity’s strength is ingrained in our multicultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for 175 years.The ongoing cultivation of an inclusive culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, ethnicity, nationality, religion, gender, gender expression, sexual orientation, physical abilities, veteran or military status – can maximize their individual potential, as well as our collective success. Compensation: Pro-rated base annual salary of $85,000 #LI-CR1

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