Presentation to. Presentation: Overview of Investment Banking Overview of A.G. Edwards’ Investment...

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Transcript of Presentation to. Presentation: Overview of Investment Banking Overview of A.G. Edwards’ Investment...

Page 1: Presentation to. Presentation: Overview of Investment Banking Overview of A.G. Edwards’ Investment Banking Analyst Program.

Presentation to

Page 2: Presentation to. Presentation: Overview of Investment Banking Overview of A.G. Edwards’ Investment Banking Analyst Program.

Presentation:

Overview of Investment Banking

Overview of A.G. Edwards’ Investment Banking Analyst Program

Page 3: Presentation to. Presentation: Overview of Investment Banking Overview of A.G. Edwards’ Investment Banking Analyst Program.

Overview of Investment Banking

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Securities and Securities and Investment Investment

Services FirmServices Firm

Investment Investment BankingBanking

Asset Asset Management and Management and

Private Client Private Client ServicesServices

Securities Securities ResearchResearch

Securities and Securities and Commodities Commodities

BrokerageBrokerage

Institutional Sales Institutional Sales and Tradingand Trading

SyndicateSyndicate

What is an “Investment Bank?”

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What is “Investment Banking?”

Industry FocusIndustry FocusTechnologyHealthcareFinancial ServicesConsumer

ProductsEnergy

Product FocusProduct FocusEquity Capital MarketsDebt Capital MarketsMergers & AcquisitionsPrivate PlacementsPrivate Equity

Capital RaisingCapital RaisingPublic Equity OfferingPublic Debt OfferingPrivate Equity OfferingPrivate Debt OfferingHybrid/Structured

Products

Financial Financial AdvisoryAdvisoryBuy-Side Advisory

Sell-Side AdvisoryValuationsFairness OpinionsTakeover DefenseRecapitalization Services

Investment Investment BankingBanking

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What is the Role of Investment Banking?

ClientClient

Equity Equity OfferingOffering

Financial Financial AdvisoryAdvisory

Debt Debt OfferingOffering

PublicPublic

PrivatePrivate

PublicPublic

PrivatePrivate

Capital Capital MarketsMarkets

Investment Investment BankingBanking

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Types of Investment Banks

Bulge Bracket Bulge Bracket Investment Investment

BanksBanksStrengths

Global reach

Large equity transaction expertise

Public debt expertise

M&A expertise

Firms

Goldman Sachs

Merrill Lynch

Morgan Stanley Dean Witter

Middle Market Middle Market Investment Investment

BanksBanksStrengths

Regional distribution system

Strong retail-client relationships

Middle market M&A experience

Strong geographic expertise

Firms

A.G. Edwards

Friedman Billings

Legg Mason

Raymond James

Global Global Commercial Commercial

BanksBanksStrengths

Global Reach

Corporate relationships

Strong debt expertise

Large product offering

Firms

Credit Suisse First Boston

Bank of America Securities

Citigroup/Salomon

JP Morgan Chase & Co.

Boutique Boutique Investment Investment

BanksBanksStrengths

IPO expertise

Primary research coverage

Small cap focus

Strong industry expertise

Firms

Thomas Weisel Partners

Adams, Harkness & Hill

Putnam Lovell

Sandler O’Neill & Partners

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Investment Banking Career Path

Managing Managing

DirectorDirector

AssociatAssociatee

AnalystAnalyst

Director/ Director/ Vice President Vice President

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Investment Banking Analyst

Responsibilities include:

Assessing the valuation of public and private companies based on various valuation methodologies

Creating models of financial forecasts

Analyzing historical & projected financial performance

Developing & participating in pitches for prospective clients

Representing firm with clients, attorneys, accountants & peer investment banks

Assist in creating marketing materials for upcoming

transactions

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Investment Banking Analyst

Accounting or finance background

Detail-oriented

Highly motivated

Excellent analytical & communication skills

Flexible

Management of multiple projects simultaneously

Team player

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Investment Banking Analyst Career Progression

UndergraduateUndergraduateJoins Analyst Joins Analyst

program program

2-3 yrs2-3 yrs

Pursue Pursue MBAMBA

Pursue Pursue alternative alternative

professional professional employmentemployment

Return to Return to Investment Investment

BankingBanking

Enter into Enter into new field of new field of employmentemployment

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Overview of A.G. Edwards’Investment Banking

Analyst Program

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Analyst Training Program

Initial training program

Exposure to operations of numerous departments throughout firm– Equity Research

– Equity Syndicate

– Institutional Sales

– OTC

Exposure to outside professionals – Accountants

– Law firms

IPO and mergers & acquisitions case simulation

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Advantages of the A.G. EdwardsAnalyst Program

Small working group teams – Increased visibility– Increased responsibility– Access to senior bankers

Commitment to professional development – On-site GMAT course– On-site MBA program visits/recruitment– Potential MBA tuition reimbursement– Contacts with leading private equity firms

Work with a diverse group of highly motivated, dedicated individuals

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Attractive Career Opportunities

Our Analysts have gone directly from A.G. Edwards to MBA schools, private equity/LBO firms and companies including the following:

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For more information about Investment Banking

Wall Street Journal– Read it!

Websites– www.vault.com

– www.careers-in-finance.com/ib.htm

– www.wetfeet.com

– www.agedwards.com

Books– Monkey Business

– Liar’s Poker

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A.G. Edwards Investment Banking

Questions or Concerns, please contact us:

Brian R. Glass(314) 955-8181

[email protected]

Associate MBA Washington Univ. 2001

BS Indiana University 1995

Kenneth J. Lovik(314) 955-8229

[email protected]

Associate MBA Indiana University 2000

BS Northern Illinois 1992

Joshua D. Pearl(314) 955-8182

[email protected]

Analyst BS Indiana University 2003