Evercore

What Evercore does

Evercore is a leading global independent investment banking advisory firm founded in 1995 by Roger Altman and headquartered in New York. It serves corporate boards, management teams, financial sponsors, shareholders, institutional investors, and high-net-worth families through three operating businesses: Investment Banking (Strategic Advisory, Liability Management & Restructuring, Capital Markets Advisory, and Private Capital Advisory & Fundraising), Equities under the Evercore ISI brand (sell-side research, sales & trading, and corporate access & conferences), and Wealth Management through Evercore Wealth Management and Evercore Trust Company. The firm has advised on over $5 trillion in announced transactions since founding and is positioned as the 4th-largest investment banking advisory firm in the world.

The firm generates revenue primarily through success-based transaction advisory fees on M&A, restructurings, capital raises, and private capital secondaries and fund placement mandates; commission-based revenue from execution of cash equities, options, programs, and convertibles plus research and corporate access subscriptions across more than 1,200 institutional investor clients; and managed-services fees from wealth and investment management for high-net-worth individuals. Pricing is engagement-based and not publicly disclosed. Operations span ~2,600 employees across 16 countries and 28+ offices, with strategic alliances extending coverage into India (Kotak), Latin America (SenecaEvercore), and Vietnam (NH-Investments), and the U.S. Investment Banking and Evercore ISI businesses conducted through the FINRA/SIPC member operating subsidiary Evercore Group L.L.C. The firm is publicly traded (NYSE: EVR per source) under Chairman and CEO John S. Weinberg, who succeeded Ralph Schlosstein in February 2022.

Evercore's core technology and platform is its people, distribution, and research franchise rather than a software product. The proprietary intellectual property is concentrated in the #1-ranked Evercore ISI research platform (weighted #1 in the Extel/Institutional Investor All-America Research Team survey for four consecutive years, 2022-2025) and the senior-banker-led independent advisory culture that supports special committee, activism defense, and restructuring mandates where conflicts-free advice is the buying criterion. The firm explicitly does not maintain a public or developer-facing API; research distribution is delivered through a client portal at evercoreisi.mediasterling.com, and 2026 participation as a backer of the Aiera consortium AI research content platform signals selective investment in third-party AI infrastructure rather than in-house model development.

Name

Evercore

Legal name

Evercore Inc.

Website

https://evercore.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Evercore is a leading global independent investment banking advisory firm serving corporate boards, sponsors, and shareholders with M&A, restructuring, capital markets, and private capital advisory, complemented by Evercore ISI's #1-ranked institutional equity research and wealth management services for high-net-worth families.

Ownership category

akta.pro rank

Product category

Investment Banking Advisory

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Industry-Specialist / Sector-Focused M&A Advisory (FSAEAGAJ)

akta.pro secondary industries

Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC), Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)

Keywords

• Investment banking advisory
• Mergers and acquisitions
• Restructuring advisory
• Private capital advisory
• Equity research

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices34 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Banking Advisory Fees: Success-based advisory fees from M&A, shareholder activism and defense, strategic shareholder advisory, special committee assignments, real estate strategic advisory, liability management, restructuring, and capital markets advisory engagements. Mandates disclosed on the firm’s transactions page span tens of billions of dollars in announced deal value (e.g., $110B Warner Bros. Discovery-Paramount Skydance, $58B Devon-Coterra, €20.35B Orange/SFR).
2. Private Capital Advisory and Fundraising Fees: Fees from secondaries advisory (Private Capital Advisory) and primary fund placement (Private Funds Group), advising limited partners on portfolio liquidity and private fund sponsors on capital raising.
3. Equities Commissions, Sales & Trading, and Research Revenue: Commission-based revenue from execution of high- and low-touch cash equities, options, programs, and convertibles, plus research and corporate access subscriptions from institutional investors. Evercore ISI serves more than 1,200 institutional investors globally with a sales/trading team of nearly 70.
4. Wealth Management Fees: Wealth and investment management fees from high-net-worth individuals and families through Evercore Wealth Management and Evercore Trust Company, with offices in New York, Minneapolis, San Francisco, Tampa, West Palm Beach, and Wilmington.

Go-to-market motion4 records

Core offering

Evercore is an independent global investment banking advisory firm delivering M&A, shareholder activism defense, restructuring, capital markets advisory, and private capital advisory & fundraising services through its Investment Banking business. Its Evercore ISI franchise provides #1-ranked sell-side equity research, sales and trading, and corporate access to 1,200+ institutional investors, while Evercore Wealth Management offers portfolio management and fiduciary services to high-net-worth individuals.

Product overview

Evercore operates a multi-business platform centered on independent investment banking advisory, with three primary businesses that share a common research and distribution infrastructure. The Investment Banking business is delivered through four specialized service lines — Strategic Advisory (M&A, activism defense, special committee, real estate strategic advisory), Liability Management & Restructuring, Capital Markets Advisory (ECM and private capital markets/debt), and Private Capital Advisory & Fundraising (PCA secondaries and Private Funds Group placement). The Equities business — branded Evercore ISI — combines #1-ranked sell-side Research, a global Sales & Trading platform covering cash equities, options, programs and convertibles for 1,200+ institutional clients, and Corporate Access & Conferences (TMT, Consumer & Retail, Biotech, Healthcare, Industrial, Real Estate, Utility, and Private Markets forums). The Wealth Management business (Evercore Wealth Management and Evercore Trust Company) provides portfolio management and fiduciary advisory for high-net-worth individuals. The platform is delivered by ~2,600 employees across 16 countries and 28+ offices globally, with U.S. Investment Banking and Evercore ISI businesses conducted through Evercore Group L.L.C., a FINRA and SIPC member.

Differentiator

Problem solved

Functional benefit

Brands

• Evercore ISI: Equities business including Research, Sales & Trading, and Corporate Access & Conferences.
• Evercore Wealth and Trust
• Evercore Wealth Management
• Evercore Foundation

Products and services

• Strategic Advisory Mergers & acquisitions advisory, strategic defense and shareholder advisory, special committee assignments, and real estate strategic advisory. Helps boards, management teams, and financial sponsors evaluate acquirers and targets, structure transactions, and defend against activist or hostile activity.
• Liability Management & Restructuring Independent financial restructuring advice to companies, sponsors, creditors, shareholders, and other stakeholders in- and out-of-court. Covers liability management transactions (recapitalizations, exchange/tender offers, covenant waivers, consent solicitations), prepackaged and traditional Chapter 11 restructurings, and cross-border recapitalizations.
• Capital Markets Advisory Equity capital markets (IPOs, follow-on offerings, convertibles, private placements, ATMs, share repurchases) and private capital markets / debt advisory (private debt arrangement, convertibles and hybrid securities, pre-IPO placements, PIPEs, investment-grade bond underwriting, syndicated loans, ratings advisory). Includes market risk management and hedging advisory for FX, interest rate, inflation, and commodity exposures.
• Private Capital Advisory & Fundraising Private Capital Advisory (PCA) provides secondaries advisory to financial sponsors and limited partners seeking liquidity solutions and ABS-based private markets structures. Private Funds Group (PFG) provides primary capital advisory and placement for select private fund sponsors.
• Evercore ISI Research Sell-side equity research ranked #1 in the 2025 Extel/Institutional Investor All-America Research survey (weighted). Coverage spans Macro, Consumer, Energy, Financials, Healthcare, Industrials, Real Estate, and TMT sectors, with cross-industry thematic insights.
• Evercore ISI Sales & Trading Sales and trading execution for more than 1,200 institutional investors globally, with nearly 70 sales and trading professionals trading high- and low-touch cash equities, options, programs, and convertible securities across Healthcare, TMT, Energy, Consumer, Power & Utilities, Real Estate, Industrials, Financial Institutions, and Special Situations.
• Corporate Access & Conferences Investor corporate access programs and conferences, including the annual TMT, Consumer & Retail, Real Estate, Biotech, Healthcare, Industrial, Utility CEO Retreat, and Private Markets forums.
• Evercore Wealth Management Wealth and investment management services for high-net-worth individuals, delivered through Evercore Wealth Management and Evercore Trust Company with offices in New York, San Francisco, Tampa, Minneapolis, West Palm Beach, and Delaware. Includes portfolio management, financial planning, and wealth & fiduciary advisory.

Quantifiable outcome

• Evercore ISI #1 research platform for 4 consecutive years (2022-2025) on weighted basis in Extel/II All-America Research Team survey
• +4 more outcomes

Named customers33 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered flagship and core.

• Kotak Investment Banking (Kotak Mahindra)flagshipStrategic or Co-development PartnerStrategic alliance partner in India. Listed as an Evercore strategic alliance on the global firm map. Cross-border India advisory and M&A coverage through Kotak's platform.
• SenecaEvercoreflagshipStrategic or Co-development PartnerStrategic alliance partner for Latin America coverage. Listed on Evercore's global firm map.
• Evercore Foundation Charitable Partners (Bloomsbury Football, Children of Fallen Patriots, New Alternatives for Children, New Visions for Public Schools, The Opportunity Network, Partnership with Children, Sandy Hook Promise, Student Sponsor Partners)coreOthersEvercore Foundation supports organizations committed to improving education and mental health of children and young adults. Founded in 2021. Partners listed on the Evercore Foundation page.
• AieracoreStrategic or Co-development PartnerAiera is a consortium-backed AI content platform launched June 3, 2026, with backing from 11 major financial institutions including Evercore (alongside Bank of America, Barclays, Citi, Deutsche Bank, and UBS). The platform distributes sell-side validated AI-enabled research content.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Lazard: Lazard is a global independent investment banking advisory and asset management firm; it is the most direct peer to Evercore in the global independent advisory space, competing across M&A, restructuring, and capital markets advisory mandates.
• Moelis & Company: Moelis is a global independent investment bank focused on M&A, restructuring, and capital markets advisory; it directly competes with Evercore across mid-to-large cap advisory mandates and shares a similar boutique DNA and senior-banker-led model.
• PJT Partners: PJT Partners is an independent advisory-focused investment bank competing with Evercore in M&A, restructuring, and capital markets advisory, with deep sponsor and alternative asset relationships that overlap with Evercore's client base.
• Centerview Partners: Centerview is an elite independent investment banking advisory firm competing for the largest strategic advisory and special committee mandates alongside Evercore, particularly in M&A and activism defense work.
• Perella Weinberg Partners: Perella Weinberg Partners is a global independent advisory firm offering M&A, restructuring, and capital markets advisory, with sector capabilities and senior-banker model comparable to Evercore's.
• Houlihan Lokey: Houlihan Lokey is a global independent investment bank with leading M&A and capital markets, valuation, and restructuring practices, directly competing with Evercore across advisory mandates, particularly in the mid-to-large cap segment.
• Rothschild & Co: Rothschild & Co is a global independent financial advisory group with deep M&A and restructuring capabilities across Europe and globally, competing directly with Evercore on cross-border advisory mandates.
• Allen & Company: Allen & Company is an elite boutique investment bank focused on M&A and strategic advisory for media, technology, and consumer clients; it is a comparable peer for Evercore's most senior advisor-led mandates in similar sectors.

Broad incumbents

• Goldman Sachs: Goldman Sachs is a bulge-bracket global investment bank that competes with Evercore across M&A, ECM, and research mandates; Evercore's former CEO John Weinberg and other senior bankers came from Goldman, highlighting the talent overlap and competitive dynamic.
• Morgan Stanley: Morgan Stanley is a global bulge-bracket investment bank with leading M&A, ECM, and institutional securities franchises, competing head-to-head with Evercore for the largest global M&A and capital markets advisory mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/evercore-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles29 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evercore