The Business Summary and Analysis

An investment banker provides two services. He gives financial advice to companies, and he finds money for companies in need. When the money flows, the banker gets a cut. For these services, the average investment banker at the upper level makes an average of $750,000 a year. Considering that bankers merely match those who need with those who have, it seems a bit much. Another factor to be remembered is this: as information is more easily accessed and communication more easily achieved, the role of the "matchmaker" will probably diminish, and the fees will diminish proportionately.

Advisory Work: From its inception, the relationship between an investment banker and a specific business or corporation has been one of advice-giving. The banker recommended certain financial moves, such as merger or acquisitions, and occasionally assisted organizations in development of financial plans and strategies...