They help companies get the best deal for mergers & acquisitions, buyouts, IPOs, debt issuances etc. On a wider scale, they help capital reach those who need from those who have an excess of it, and add liquidity to the market.
It is true that some investment bankers can make millions of dollars.
Investment bankers can generate revenues for their firms by the amount of money they bring in from their customers. By bringing in money, the firm will have more to invest.
investment bankers
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Investment bankers, a.k.a "untouchables"..
Charles Merrill and J.P. Morgan were both successful investment bankers of their time.
Any person, who undertakes investment banking activity, employed by himself or an organisation which undertakes investment activity, is an investment banker. Hence he can be self employed or can be employed by an investment banking institution. Investment bankers are those, who can meet the financial requirement of any commercial or government organisation. Unlike a commercial banker, the risks of the investment is normally borne by the investor himself , and the investment bankers assist the investors with their expertise.
You can locate job listings for investment bankers in the San Francisco area by searching websites such as www.monster.com, and www.hotjobs.com. These sites allow you to filter job listings by area.
Curiosity is fundamental to science. Scientists investigate the world in which we live because they are curious about it. If they just wanted to make money, they would have become investment bankers instead.
Investment bankers advise their clients on high levels of issues of financial organization. They handle sellinga a company's stock to the public
Risk taking ability is the difference. Bankers take the risk of investment on themselves whereas the brokerages do not take the risk of investment on themselves.
Yes they can, in fact it is well known that when companies look for investment bankers, chartered accountants are the types of people that they consider.