Evercore Partners Inc.EVR

Morningstar Rating

Stock Research and Analysis

by Michael Wong, CPA

Evercore Partners is an independent boutique investment bank founded in 1996. The company's core lines of business are merger and acquisition (M&A) advisory, other financial advisory, and asset management. Until Evercore attains its two main strategic Read more

Bulls Say

Expansion of Evercore's asset management business will allow the company to have a base of revenue even during a downturn in M&A activity.

Additional offices outside of the U.S. will help mitigate the company's current reliance on the U.S. market.

Evercore has historically been able to increase advisory revenues faster than peers. Read more

Bears Say

Evercore's geographic footprint is significantly smaller than many of its competitors', so it lacks the local expertise that many companies could prefer when considering an advisor for a cross-border M&A deal.

Evercore's revenues currently are not very diversified, and a downturn in M&A activity could significantly affect the company's profitability.

M&A activity reached a cyclical peak in 2007 and may currently be in a trough stage. Therefore, Evercore's earnings could be depressed for several years. Read more

Strategy

Evercore leverages the relationships of its senior bankers and its status as an independent boutique investment bank to garner M&A deals. The company is currently implementing a growth strategy to Read more

Management

Ralph Schlosstein became CEO of Evercore Partners in 2009. Before joining Evercore, he was the CEO of alternative investment manager HighView, to which Evercore committed capital, and was president and co-founder of BlackRock BLK. Former Evercore CEO Read more

Profile

Evercore Partners is a boutique investment bank that specializes in M&A advisory, other financial advisory, and asset management. The company was founded in 1996 and Read more

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