DC Investment Banking Tiers

Who am I missing?

Top: Baird, Raymond James, Stephens, Houlihan, Rothschild, Stifel

Robust: KippsDesanto, KPMG Corp Finance, DHG Corp Finance, DC Advisory, District Capital Partners

Solid Boutiques: McLean Group, Hovde Group, Outcome Capital, Clearsight Advisors, Ziegler, Compass Point, Seale and Associates

Other: FON Advisors, Height Capital Markets, Matheson Advisors

Comments (13)

  • Analyst 2 in IB-M&A
1y 

Agreed. I guess an "overview of DC banking scene" might have been a more appropriate title. Just trying to give some insight on the large, medium and small options in the region. 

  • Intern in IB - Cov
1y 

Harris Williams has a DC office. Idk anything about it though. 

  • Analyst 2 in IB-M&A
1y 
streetghost

I'm pretty sure WFS has regal in DC

Yeah I forgot JPM also has a regional office that does MM deals in DC as well. Basically just sounds like they house a JV team in DC to compete on stuff the NY/SF offices have little interest in. 

  • Prospect in IB-M&A
1y 

Does anybody know more about Baird, RJ, or HL in the DC Area? Also any other info on the MM space in the DC Area would be helpful as well.

  • Intern in IB-M&A
1y 

Baird has ADG and REGAL in NOVA. No clue about the REGAL team, but the ADG team is solid, does very well with MM sponsor sell-sides.

HW has ADG in DC. The team is relatively newer and smaller, and they're still scaling up their deal size, but considering HW's track record of MM sponsor sell-sides they're probably also solid.

HL has their ADG team in McLean. It's the most established one in DC, and is a volume shop. They church out deals but their deals tend to be slightly smaller than Baird on average.

RJ has their Defense & Gov team in DC. Small team, no more than 10 bankers. Deal flow isn't as good as the firms above.

  • VP in IB - Cov
1y 

Baird doesn't technically have ADG.  It is government services.  Houlihan used to have the strongest team in that space and Baird brought them over a few years ago.  It is now one of Baird's strongest teams. Pure ADG is run by the Industrials team out of Milwaukee / Chicago.  

  • Analyst 2 in IB - Cov
1y 

You seem to forget all the MDBs in DC. What about IDB/IFC?

  • Analyst 2 in IB-M&A
1y 

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