Investment banks core business it to avail funds and play an advisory role to individuals, corporate clients, and even governments. The banks also engage in a wide range of trading activities both for their customers and on for themselves. Some like, the so-called boutique financial firms or pure investment banks deal only with financial services. Many Investment banks, especially in America and Europe, are publicly traded entities. Their shares trade on the Securities exchanges, meaning anyone can buy the shares and be a partial owner of the banks. However, the decision-making powers are held by owners with significant margins of the bank’s shares. Such investors include affluent individual with huge net worth, institutional investors, and government agencies, the bank’s directors, or even family groupings. Some, however, remain small in size and are privately owned whether by a single proprietor or partners.
Different clients seek the services of investment banks. Large corporate need their massive amounts of money invested in highly profitable ventures. Investment vehicles that amass assets from various quarters such as hedge funds and pension plans also need these banks. Governments seek them to raise capital to fund projects, and wealthy individuals to widen their and manage their portfolios.
One prominent investment banker is Martin Lustgarten, who has impressive experience acquired over many years in the industry. The success that is Lustgarten Martin, the Florida-based investment banking firm, is his brainchild. Martin heads its operations as the CEO. His approach to service is distinctive attention to individual clients. Martin is also known to maintain an excellent rapport with his employees and this, coupled with unmatched investment advice, has scaled his firm’s productivity.