Banks by avg deal size in 2025 (AI-powered rankings)
Using FactSet's league tables for global M&A (source below), excluding outlier boutiques with less than 50 deals. Told Claude to calculate it.
FINANCIAL ADVISORS RANKED BY AVERAGE DEAL SIZE (50+ TRANSACTIONS)
Rank | Financial Advisor | Avg Deal ($M) | Total Value ($M) | Deals
-----|-------------------------------|---------------|------------------|------
1 | Wells Fargo & Co. | $7,193.7 | $446,007.5 | 62
2 | Centerview Partners | $4,532.7 | $475,935.4 | 105
3 | Citigroup | $3,663.0 | $604,497.0 | 165
4 | Morgan Stanley | $3,407.1 | $981,251.3 | 288
5 | Evercore, Inc. | $3,258.6 | $557,215.8 | 171
6 | JPMorgan Chase & Co | $3,257.9 | $1,176,120.5 | 361
7 | Barclays Plc | $3,085.1 | $416,589.9 | 135
8 | Goldman Sachs & Co. | $3,068.6 | $1,144,581.0 | 373
9 | BofA Securities | $3,063.7 | $640,120.0 | 209
10 | BMO Capital Markets | $1,839.3 | $128,750.4 | 70
11 | Deutsche Bank AG | $1,734.0 | $190,738.0 | 110
12 | UBS Group AG | $1,640.1 | $295,214.2 | 180
13 | Moelis & Co. | $1,638.4 | $204,805.4 | 125
14 | RBC Capital Markets | $1,533.0 | $196,220.3 | 128
15 | Guggenheim Capital LLC | $1,341.0 | $95,221.0 | 71
16 | Lazard | $1,250.8 | $216,388.8 | 173
17 | Banco Santander SA | $1,114.3 | $61,288.7 | 55
18 | Jefferies LLC | $1,089.5 | $235,340.8 | 216
19 | Toronto-Dominion Bank | $1,054.4 | $82,244.7 | 78
20 | Mizuho Financial Group | $1,036.6 | $112,987.8 | 109
21 | Nomura Securities Co. | $1,027.5 | $87,340.7 | 85
22 | BNP Paribas SA | $1,021.8 | $89,914.1 | 88
23 | Natixis SA | $614.1 | $43,597.9 | 71
24 | Rothschild & Co | $405.8 | $148,520.9 | 366
25 | Stifel/KBW | $364.1 | $59,350.4 | 163
26 | Daiwa / DC Advisory | $328.2 | $43,328.6 | 132
27 | KPMG International | $209.7 | $78,623.9 | 375
28 | Houlihan Lokey, Inc. | $165.9 | $54,262.2 | 327
29 | Ernst & Young Global | $153.2 | $96,363.8 | 629
30 | PricewaterhouseCoopers | $138.5 | $72,720.8 | 525
Source:

Top Tier/Top 10: The top and mid BBs and top EBs
(GS, MS, JPM, CVP, EVR, BOFA, CITI)
Top 10-20: Low/Semi BBs and weaker EBs
(DB, BMO, UBS, RBC, LAZ, MOE, GUGG)
Outside Top 20: MMs and foreign balance-sheet banks
(JEF, TD, Mizuho, BNP Paribas, Nomura)
Bump!
Bump!
M Klein with 1 deal worth $103bn??? And who tf are redbird advisors
paramount and warner bro, co-advisor, non-lead
FactSet has US-only and NA-only tables right? This is a questionable ranking methodology to begin with but you're punishing banks that operate in smaller markets heavily here.
says global announced deals in the screenshot bud
You are slow. The implication is that it would be better to use FactSet's US-only table since this counting small deals in Poland or whatever punishes banks who do deals in Poland.
.
Congrats on BMO!
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