This could be an interesting industry to check out since these stocks are pretty hot now.
Boutiques offer companies advice and services without the potential conflicts created by the full range of services provided by larger investment banks.
Their particular approach also is catching on, according to Goldman Sachs, one of the top full-service banks. Independent advisory firms increased their share of M&A business to more than 25% in 2005, from about 10% in 1994, Goldman analysts wrote in a note to clients last July.
"We see this trend continuing as corporate clients seek advice that is independent of lending and underwriting relationships," the Goldman analysts added.
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