Boutique
A boutique might be perfect for you if you're tired of working in the rat race of a large investment house, or if you’re a customer who feels like a number whenever you need advice.
Smaller in size and with a focus on a particular segment of the market, boutique firms are gaining in popularity with customers and portfolio managers alike. They usually get involved in deals worth $500 million or less...you know, pocket change...and might have a particular focus on mergers and acquisitions, a particular industry, or leveraged buyouts. Boutique firms want their customers to feel like they're getting more individualized services tailored to their specific needs. They're the Jerry Maguire to your Rod Tidwell.
Most importantly, many are outperforming the big investment firms known as “bulge banks” in regard to return on investments (ROI) and exceeding other benchmarks. Might be due to having a more entrepreneurial spirit with an emphasis on innovation and flexibility. Employees can scout around for new opportunities and handle a big deal from start to finish, where in a large firm you are more...specialized.
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Finance: What is a Bulge Bracket Firm?1 Views
Finance a la shmoop what is a bulge bracket firm? no this has nothing to do [Weightwatchers appears]
with Weight Watchers Oprah or kale...bulge refers to the size of corporate banks
wallets and there are only a few investment banking firms who you know [man holding a wallet]
bulge... that's Goldman Sachs, JP Morgan, Morgan
Stanley and a few others some in Europe some in Asia none in Antarctica
sorry penguins just keeping it real bulge is basically "everything for
everyone" these banks trade in the most obscure derivatives and enable
firms to raise literally any amount of money they want to raise cover every
need in asset management, tax planning, legal coverage and so on everything so
what's a non bulge or niche firm well it's one that specializes in a given
category or service famous example Allen and company specializes in the media [Examples of media business firms]
business Hollywood banking internet media things like tech the firm has less
than 100 people but it's a powerhouse in its domain just one of many specialty
firms the oil industry has its darlings so does tech, those are niche,
this is bulge....and this is a bulge Jenny Craig can you know help with that [Man in taco bell with a bulging tummy]