What type of investment bankers are there?
Investment banks come in a wide range of sizes and play different roles. Each can assist your company in different ways. · Business Brokers. At one end of the investment banking industry is the business broker. These companies can assist you to either buy or sell a small business. Although business brokers sometimes are involved in larger transactions, transaction sizes typically are in the range of $50,000 to $1 million. · Placement Agents. Placement agents assist companies to find investors. Typically, the investors are wealthy individuals and the deal sizes are in the range of $50,000 to $5 Million. Some placement agents work alone at home on one or two deals a year. Others are companies with many professionals, who do dozens of placements each year. · Investment Banks. Investment banks typically perform the same functions as business brokers or placement agents, but focus on larger transactions, provide a higher degree of specialization and a wider range of services. In most cases,