Florida is home to many investment banks that provide a range of financial services like underwriting, mergers and acquisitions advisory, etc. Some major players are Raymond James, which has over 8,200 financial advisors globally, Allen & Company, specializing in media investment banking, and Piper Sandler, known for healthcare and technology investment banking. They help raise capital for companies and advise on strategic deals. While national banks have presence, boutique banks thrive by catering to certain sectors or client types.
Raymond James is a leading florida investment bank with large wealth management business
Raymond James is headquartered in Florida and is a leading investment bank and wealth management firm. It has over 8,200 financial advisors that manage $1.3 trillion in client assets. The bank provides services like underwriting of debt and equity, merger and acquisition advisory, public finance services, fixed income trading, etc. It serves corporates, institutional investors, high net worth individuals, etc.
Allen & Company specialize in media sector investment banking deals and advice
Allen & Company is an investment bank based in Florida focused exclusively on the media and entertainment sector. It has advised on deals related to sports, online services, broadcasting, publishing, etc. Some major deals include advising Jeff Bezos on acquiring Washington Post, advising Discovery on acquisition of Scripps Networks, and Spotify on going public. Its annual Sun Valley retreat attracts business elite.
Boutique investment bank Piper Sandler is known for healthcare and technology expertise
Piper Sandler is an investment bank and asset management firm based in Minneapolis with a major office in Florida. It is focused on certain sectors like healthcare, technology, clean technology, etc. They provide services like underwriting equity and debt issuances, mergers and acquisitions advisory, financial restructurings, public finance advice, institutional brokerage, etc.
Florida is home to some major investment banks like Raymond James and boutique banks like Piper Sandler and Allen & Company that provide domain expertise in sectors like healthcare and media apart from typical investment banking services.