** Investment bank Lazard's LAZ.N shares up ~4.8% at $55.23

** LAZ reports Q4 adjusted net income of $85 million, or 78 cents per share, compared with $65 million, or 66 cents, a year ago

** Co's financial advisory revenue on an adjusted basis rise 6% to $508 million from a year earlier

** LAZ's asset management revenue rise 5% on an adjusted basis

** LAZ stock was up ~47.9% in 2024

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))