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Top Lead Financial Advisers

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Top Lead Financial Advisers

Top Lead Financial Advisers
Primary advisers in domestic bank and thrift merger deals announced in 2003. Dollars in millions
Published February 12, 2004
Rank by value of deals Deal value Deals
1 Morgan Stanley $53,303.80 3
2 Goldman, Sachs & Co.1 51,218.60 3
3 Keefe, Bruyette & Woods Inc. 11,538.10 35
4 Sandler O’Neill & Partners LP 7,919.20 29
5 Lehman Brothers 3,488.50 6
6 Citigroup Global Markets Holdings 2,263.20 2
7 Merrill Lynch & Co.1 1,797.40 3
8 Ryan Beck & Company 1,770.00 11
9 Credit Suisse First Boston Corp. 1,062.20 3
10 UBS Investment Bank 725.6 1
11 Hovde Financial LLC 585.3 8
12 Legg Mason Wood Walker Inc. 489 1
13 Janney Montgomery Scott Inc. 471.6 3
14 Friedman, Billings, Ramsey & Co. 469.9 4
15 Alex Sheshunoff & Co. 346.3 5
16 DD&F Consulting Group1 339.7 7
17 Houlihan Lokey Howard & Zukin 310 1
- Lazard Freres & Co. LLC 310.00 1
19 Carson Medlin Com. 301.6 7
20 Scott & Stringfellow Inc. 274.8 2
21 Hoefer & Arnett Inc. 271.8 12
22 Stephens Inc. 255.3 2
23 U.S. Bancorp Piper Jaffray 232.9 1
24 McDonald Investments1, 2 230.6 8
25 First Southwest Co. 226.5 1
26 Capital Markets1 211.3 11
27 D.A. Davidson & Co. 204.7 4
28 Howe Barnes Investments Inc. 199.2 5
29 Griffin Financial Group LLC 186.5 2
30 Orr Group 170.1 3
31 McConnell, Budd & Romano 163.6 3
32 RP Financial 155.9 8
33 Boenning & Scattergood Inc. 151 3
34 SunTrust Robinson Humphrey1 150.3 2
35 Bank Advisory Group Inc. 144.00 2
36 Ryan Beck & Co. 141.3 1
37 Davenport & Co. LLC 138.6 2
38 Fox-Pitt, Kelton 127 3
39 Stifel, Nicolaus & Co.1 122.4 5
40 Professional Bank Services Inc. 120.1 4
41 Findley Group 107.1 6
42 Columbia Financial Advisors Inc. 105 4
43 Raymond James & Associates 102.4 1
- William Blair & Co.1 102.4 2
45 T. Stephen Johnson & Associates Inc. 101.8 3
46 Lutz Advisors Inc. 97 1
47 Donnelly Penman &Partners 95.2 2
48 Austin Associates Inc. 94.8 6
49 Kafafian Group 85.4 1
50 RSM McGladrey Inc. 76.4 1
Rank by number of deals Deals Deal value
1 Keefe, Bruyette & Woods Inc. 35 $11,538.10
2 Sandler O'Neill & Partners LP 29 7,919.20
3 Hoefer & Arnett Inc. 12 271.8
4 Ryan Beck & Co. 11 1,770.00
- Capital Markets1 11 211.3
6 Hovde Financial LLC 8 585.3
- McDonald Investments1,2 8 230.6
- RP Financial 8 155.9
9 DD&F Consulting Group1 7 339.7
- Carson Medlin Co. 7 301.6
11 Lehman Brothers 6 3,488.50
- Findley Group 6 107.1
- Austin Associates Inc. 6 94.8
14 Alex Sheshunoff & Co. 5 346.3
- Howe Barnes Investments Inc. 5 199.2
- Stifel, Nicolaus & Co.1 5 122.4
17 Friedman, Billings, Ramsey & Co. 4 469.9
- D.A. Davidson & Co. 4 204.70
- Professional Bank Services Inc. 4 120.1
- Columbia Financial Advisors Inc. 4 105
- Danielson Associates Inc.1 4 60
22 Morgan Stanley 3 53,303.80
- Goldman, Sachs & Co.1 3 51,218.60
- Merrill Lynch & Co.1 3 1,797.40
- Credit Suisse First Boston Corp. 3 1,062.20
- Janney Montgomery Scott Inc. 3 471.6
- Orr Group 3 170.1
- McConnell, Budd & Romano Inc. 3 163.6
- Boenning & Scattergood Inc. 3 151
- Fox-Pitt, Kelton 3 127
- T. Stephen Johnson & Associates Inc. 3 101.8
- Carpenter & Co. 3 66.4
- Baxter Fentriss & Co. 3 58.3
- Mercer Capital Management1 3 30.5
- Feldman Financial Advisors Inc.1 3 $8.60
36 Citigroup Global Markets Holdings 2 2,263.20
- Scott & Stringfellow Inc. 2 274.8
- Stephens Inc. 2 255.3
- Griffin Financial Group LLC 2 186.5
- SunTrust Robinson Humphrey1 2 150.3
- Bank Advisory Group Inc. 2 144
- Davenport & Co. LLC 2 138.6
- William Blair & Co.1 2 102.4
- Donnelly Penman &Partners 2 95.2
- Castle Creek Financial 2 70.4
- Southard Financial 2 55.6
- Holder and Associates 2 48.2
- Smith Capital 2 45.7
- FinPro Inc. 2 26.1
50 36 firms with one transaction3 1 -



1Deal value not available for at least one transaction.
2Includes Trident....
3Excludes hostile/unsolicited and terminated transactions.
To be added to the survey list, please call 512-236-6200 or e-mail daniel.orourke@sourcemedia.com
Source: Sheshunoff Information Services, a division of Thomson Corp.
© 2004 American Banker


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