Los Angeles is one of the major financial centers in the United States, home to many prestigious investment banks. Choosing the right investment bank to work with is crucial for companies and investors in Southern California. This article summarizes the top investment banks in Los Angeles area.
Houlihan Lokey tops the list of top investment banks in Los Angeles
Houlihan Lokey, founded in 1972, is the clear leader among Los Angeles-based investment banks. It is one of the largest global investment banks focused on middle-market M&A transactions. Houlihan Lokey has advised on more transactions than any other investment bank in the middle market. With its deep expertise and stellar reputation, Houlihan Lokey should be the first choice for Los Angeles companies looking for investment banking services.
Boutique investment banks thrive in Los Angeles financial circle
In addition to the leading Houlihan Lokey, Los Angeles is also home to many specialized boutique investment banks that focus on certain sectors or services. For example, VOCA Equity Partners, Lexworth Financial, and TMG Partners are active M&A advisors in technology, consumer products, and real estate sectors respectively. Boutique banks can provide more customization and specialization compared to the larger banks.
Bulge bracket banks augment services in Entertainment Capital
While boutique banks dominate the middle market, bulge bracket banks like Goldman Sachs, Morgan Stanley and JP Morgan have a strong presence in Los Angeles to serve large corporations and institutional clients. They have set up industry groups to provide tailored services to major industries in Southern California such as technology, healthcare and entertainment.
Home-grown regional banks emerging as alternatives
Some Los Angeles companies prefer to work with local brands when choosing investment banks. Banks like B. Riley Financial, Wedbush Securities and Imperial Capital have been building up their reputations and capacities to serve this need. Though not yet comparable with the largest players, these regional banks can still meet the demands of many local companies.
In summary, Houlihan Lokey, boutique specialty firms and large wall street banks form the top investment banking landscape in Los Angeles area. Los Angeles based companies can choose from a variety of reputable banks for their capital raising, M&A and other financing needs.