a.g. edwards
DESCRIPTION
A.G. Edwards. Presentation to. Investment Banking. Institutional Sales and Trading. Securities Research. Securities and Investment Services Firm. Securities and Commodities Brokerage. Syndicate. Asset Management and Private Client Services. What is an “Investment Bank?”. - PowerPoint PPT PresentationTRANSCRIPT
A.G. EdwardsA.G. Edwards
Presentation to
Securities and Securities and Investment Investment
Services FirmServices Firm
Investment Investment BankingBanking
Asset Asset Management and Management and
Private Client Private Client ServicesServices
Securities Securities ResearchResearch
Securities and Securities and Commodities Commodities
BrokerageBrokerage
Institutional Sales Institutional Sales and Tradingand Trading
SyndicateSyndicate
What is an “Investment Bank?”
What is “Investment Banking?”
Industry FocusIndustry FocusTechnologyHealthcareFinancial ServicesConsumer
ProductsEnergy
Product FocusProduct FocusEquity Capital MarketsDebt Capital MarketsMergers & AcquisitionsPrivate PlacementsPrivate Equity
Capital RaisingCapital RaisingPublic Equity OfferingPublic Debt OfferingPrivate Equity OfferingPrivate Debt OfferingHybrid/Structured
Products
Financial Financial AdvisoryAdvisoryBuy-Side Advisory
Sell-Side AdvisoryValuationsFairness OpinionsTakeover DefenseRecapitalization Services
Investment Investment BankingBanking
What is the Role of Investment Banking?
ClientClient
Equity Equity OfferingOffering
Financial Financial AdvisoryAdvisory
Debt Debt OfferingOffering
PublicPublic
PrivatePrivate
PublicPublic
PrivatePrivate
Capital Capital MarketsMarkets
Investment Investment BankingBanking
Types of Investment Banks
Bulge Bracket Bulge Bracket Investment Investment
BanksBanksStrengths
Global reach
Large equity transaction expertise
Public debt expertise
M&A expertise
Firms
Goldman Sachs
Merrill Lynch
Morgan Stanley Dean Witter
Regional Regional Investment Investment
BanksBanksStrengths
Regional distribution system
Strong retail-client relationships
Middle market M&A experience
Strong geographic expertise
Firms
Legg Mason
Raymond James
Tucker Anthony
Friedman Billings
A.G. EdwardsA.G. EdwardsINVESTMENT BANKINGINVESTMENT BANKING
Global Global Commercial Commercial
BanksBanksStrengths
Global Reach
Corporate relationships
Strong debt expertise
Large product offering
Firms
Credit Suisse First Boston
Bank of America Securities
Citigroup/Salomon
JP Morgan Chase & Co.
Boutique Boutique Investment Investment
BanksBanksStrengths
IPO expertise
Primary research coverage
Small cap focus
Strong industry expertise
Firms
Thomas Weisel Partners
Adams, Harkness & Hill
Putnam Lovell
Sandler O’Neill & Partners
Recent Investment Banking Transactions
Investment Banking Career Path
Managing Managing
DirectorDirector
AssociatAssociatee
AnalystAnalyst
Vice Vice PresidentPresident
Investment Banking Analyst
Responsibilities include:
Developing industry analyses
Creating models of financial forecasts
Analyzing historical & projected financial performance
Developing & participating in pitches for prospective
clients
Representing firm with clients & peer investment banks
Assist in creating marketing materials for upcoming
transactions
Investment Banking Analyst
Accounting or finance background
Detail-oriented
Highly motivated
Excellent analytical & communication skills
Flexible
Management of multiple projects simultaneously
Team player
Investment Banking Analyst Career Progression
UndergraduateUndergraduateJoins Analyst Joins Analyst
program program
2-3 yrs2-3 yrs
Pursue Pursue MBAMBA
Pursue Pursue alternative alternative
professional professional employmentemployment
Return to Return to Investment Investment
BankingBanking
Enter into Enter into new field of new field of employmentemployment
Investment Banking Analyst Training Program
6 week training program
Exposure to operations of numerous departments throughout firm– Equity Research
– Equity Syndicate
– OTC
– Institutional Sales
Exposure to outside professionals – Accountants
– Law firms
IPO and mergers & acquisitions case simulation
Mentor program
A.G. Edwards Investment Banking
Questions or Concerns, please contact us:
Ken Lovik(314) 955-8229
Associate MBA Indiana Univ. 2000
BS Northern Illinois Univ. 1992
Kelly M. Fuller(314) 955-6710
Analyst BS Indiana Univ. 2001