*Updated for 2023: List of Boutique and Middle-Market Investment Banks*
Boutique, Industry-Focused and Middle Market U.S. Investment Banks
- Miller Buckfire & Co. (Restructuring focused)
- Morgan Keegan & Co.
- WR Hambrecht & Co.
- Montgomery & Co. (Media & Internet and Technology focused)
- Stephens, Inc.
- Stifel Financial
- Capstone Partners
- CSG Partners
- Foros
- Needham & Co.
- Berkery, Noyes & Co.
- Gleacher & Company
- Guggenheim Partners
- Imperial Capital
- Keefe, Bruyette, & Woods
- Ladenburg Thalmann
- Cain Brothers (Healthcare focused)
- Fennebresque & Co
- Ziegler
- Sonenshine Partners
- Lancaster Pollard (Health care focused)
- BG Capital
- Allegiance Capital Corporation
- Sucsy, Fischer & Company
- Marathon Capital (Global Energy and Infrastructure focused)
- Arma Partners
- Financo (Consumer and Retail focused)
- Marlin & Associates (Technology, Information, and Healthcare focused)
- C.W. Downer
- McColl Partners
- Panmure Gordon
- PCE Investment Bankers, Inc.
- Roth Capital Partners
- Sagent Advisors
- Cantor Fitzgerald
- Corporate Finance Associates
- Europa Partners
- Lincoln International
Global Boutique Investment Banks
- Allen & Company (Global M&A Advisory – Media and Entertainment focused)
- Cowen (Global M&A Advisory – Boutique)
- Perella Weinberg Partners (Global M&A Advisory – Boutique)
- Lazard (Global M&A Advisory)
- Rothschild (Global M&A Advisory – Boutique)
- Evercore Partners (Global M&A Advisory – Boutique)
- Greenhill & Co. (Global M&A Advisory – Boutique)
- Blackstone (Global M&A Advisory)
- Houlihan Lokey (Global Investment Bank – Boutique)
- Jefferies & Co. (Global Investment Bank)
- Centerview Partners (Global M&A Advisory)
- Oppenheimer & Co. (Global lnvestment Bank – Boutique)
- Sandler O’Neill Partners (Global Investment Bank – Boutique – FIG focused)
- Moelis & Company (Global Investment Bank – Boutique)
Learn More → Investment Banking Primer
Can we please add BDA Partners to this page?
Hi, Yuiko,
Thanks for the suggestion. Not sure when or if they are planning to update this article, but I am publishing your post and putting the link to BDA Partners here: https://www.bdapartners.com/. We welcome comments about it!
BB