FT Partners Research (and Business Development?)

Came across this role and wanted to know what exactly this entailed. From the job description it seems like they do broad industry research, some valuation work (for who/what?), and some kind of relationship management with clients. I know they aren’t the same, but could someone spell out the differences between this and regular IB? If anyone has any experience or info about the role, would greatly appreciate any color. Thanks!

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