Leucadia National Corporation
Jefferies Financial Group Inc. (formerly Leucadia National Corporation) is a publicly traded pure-play investment banking and capital markets firm offering advisory, trading, prime brokerage, fixed income, alternative asset management, and wealth management services to corporations, institutional investors, and high-net-worth clients globally.
- Company typePublic
- Founded1962
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Leucadia National Corporation does
Leucadia National Corporation, now operating as Jefferies Financial Group Inc. (NYSE: JEF), is a multinational financial services firm with roots dating to a 1962 equities trading operation. Following a 2012 merger with Jefferies Group and a 2018 rebrand, the company is structured as a publicly traded parent of two core operating subsidiaries: Jefferies LLC (investment banking and capital markets) and Leucadia Asset Management (alternative investments). The firm self-positions as a leading pure-play investment banking and capital markets business, deliberately distinct from diversified universal banks.
The company's product platform spans six integrated business lines: Investment Banking (advisory, M&A, equity and debt underwriting), Global Research & Strategy, Equities (trading, prime brokerage, and a global algorithmic trading suite), Fixed Income, Alternative Asset Management, and Wealth Management. Underlying technology includes proprietary client portals (JEFContent, Jefferies Access, NetXInvestor, JPrime) and mobile applications for iOS and Android, supporting authenticated client access to research content, trading, and wealth management account information. The firm operates full-service offices in New York (headquarters), London, Hong Kong, and Dubai, distributing services through senior relationship-manager-led coverage teams.
Revenue is generated through two primary mechanics: transaction-based fees from investment banking, equities, and fixed income activities, and subscription/recurring fees from Leucadia Asset Management and Jefferies Wealth Management (typically AUM-based). Go-to-market is enterprise field sales combined with a content and events-driven demand generation engine. The customer base spans global corporations, hedge funds and institutional investors, high-net-worth individuals and family offices, and sovereign and government entities.
Leucadia National Corporation firmographics
Firmographics- Name
- Leucadia National Corporation
- Legal name
- Jefferies Financial Group Inc.
- Website
- https://leucadia.com
- Company type
- Public
- Founded year
- 1962
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Jefferies Financial Group Inc. (formerly Leucadia National Corporation) is a publicly traded pure-play investment banking and capital markets firm offering advisory, trading, prime brokerage, fixed income, alternative asset management, and wealth management services to corporations, institutional investors, and high-net-worth clients globally.
- Ownership category
- akta.pro rank
Leucadia National Corporation industry classification
Industry- Product category
- Investment Banking
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (52394), Management, Scientific, and Technical Consulting Services (5416)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
Keywords
Where Leucadia National Corporation is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Leucadia National Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Investment Banking: Advisory, M&A, equity underwriting, and debt underwriting fees from corporate clients. Jefferies is described as a leading full-service investment banking firm with deep sector expertise and featured transactions.
- Equities Trading & Brokerage: Commissions and trading revenues from equities execution services including prime brokerage, outsourced trading, and algorithmic trading for institutional clients.
- Fixed Income: Trading and brokerage revenues from fixed income securities across multiple capabilities including credit, rates, and other fixed income products.
- Alternative Asset Management: Asset management fees and performance fees from alternative investment strategies, delivered through the Leucadia Asset Management platform.
- Wealth Management: Advisory and management fees from high-net-worth individuals and family offices through Jefferies Wealth Management, with dedicated advisors and client portal access.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Investment banking services are tailored to each client engagement and quoted on a per-transaction basis. |
| Subscription | Annual | Wealth management fees are typically charged as a percentage of assets under management (AUM). |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Leucadia National Corporation product offering
Product offeringCore offering
Leucadia National Corporation, operating as Jefferies Financial Group Inc., is a global full-service investment banking and capital markets firm. It delivers advisory, M&A, equity underwriting, debt underwriting, equities and fixed income trading, prime brokerage (JPrime), alternative asset management via Leucadia Asset Management, and wealth management to corporate, institutional, government, and high-net-worth clients. The firm supports these services through a proprietary technology stack including client portals, algorithmic trading, and dedicated mobile applications across offices in the Americas, Europe, Asia, and the Middle East.
Product overview
Jefferies is a leading pure-play investment banking and capital markets firm that operates as a unified platform-plus-services architecture. The company offers a comprehensive suite of financial services organized around six core business lines: Investment Banking (advisory and capital markets), Global Research & Strategy, Equities (trading, prime brokerage, and algorithmic trading), Fixed Income, Alternative Asset Management, and Wealth Management. These core services are supported by multiple client-facing digital portals including JEFContent Portal, Jefferies Access, and Prime Brokerage platforms. The firm operates as Jefferies Financial Group Inc. following the evolution from Leucadia National Corporation, with Alternative Asset Management continuing under the Leucadia brand (leucadia-am.com).
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Banking Full-service investment banking offering advisory, M&A, equity underwriting, debt underwriting, and capital markets services with deep sector expertise for corporations, financial institutions, and governments.
- Global Research & Strategy Comprehensive research and strategic analysis across global markets covering equities, fixed income, and macro themes, providing institutional clients with actionable investment insights.
- Equities Equity trading and distribution capabilities for institutional clients, including sales, trading, and research-backed execution across global equity markets.
- Prime Brokerage Integrated prime brokerage services for hedge funds and institutional clients, including clearing, custody, securities lending, margin financing, and consolidated reporting through the JPrime platform.
- Fixed Income Fixed income trading, brokerage, and distribution across rates, credit, and structured products for institutional clients globally.
- Alternative Asset Management Alternative investment strategies under the Leucadia Asset Management brand, encompassing private equity, real estate, and credit strategies for institutional and qualified investors.
- Wealth Management Comprehensive wealth management services for high-net-worth individuals and family offices, including investment advisory, portfolio management, and wealth planning delivered via dedicated advisors and the NetXInvestor client portal.
Companies that use Leucadia National Corporation
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Leucadia National Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Leucadia National Corporation partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Leucadia Asset ManagementcoreLeucadia Asset Management (leucadia-am.com) is the alternative asset management platform of Jefferies Financial Group, operating as an integrated part of the firm's broader financial services offering. It provides investment offerings, management team information, and news through its own dedicated platform.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Leucadia National Corporation competitors and assessment
Company assessmentEmerging players
- Piper Sandler: Mid-market focused investment bank with strong sector specialization in consumer, energy, and healthcare - comparable middle-market positioning though smaller scale and a more U.S.-centric footprint than Jefferies.
Direct peers
- Lazard: Elite boutique investment bank focused on financial advisory and asset management - overlaps most directly with Jefferies' advisory and Leucadia Asset Management businesses while competing for mid- and large-cap M&A mandates.
- Morgan Stanley: Bulge-bracket competitor across investment banking, equities trading/prime brokerage, fixed income, and a leading wealth management franchise - a near-perfect comparable with deeper HNW wealth scale and stronger institutional securities balance sheet.
- Evercore: Pure-play independent advisory firm in M&A and restructuring, with an asset management arm - the closest pure-play investment banking peer in positioning, though narrower than Jefferies in capital markets execution.
- Moelis & Company: Independent global advisory firm specializing in M&A, restructuring, and capital markets advisory - direct competitor for advisory mandates in the middle market where Jefferies has particular strength.
- Houlihan Lokey: Independent investment bank with strong M&A, capital markets, and financial restructuring franchises plus a valuation advisory business - comparable specialty footprint and competes for similar middle-market clients.
- Goldman Sachs: Global bulge-bracket investment bank with full-service investment banking, equities, prime brokerage, fixed income, and asset management - directly comparable across every line in which Jefferies operates, though with materially greater balance sheet and broader consumer/wealth reach.
Broad incumbents
- Citi (Institutional Securities): Global universal bank with full-service institutional securities division competing across advisory, capital markets, equities, and fixed income - larger balance sheet but subject to similar regulatory complexity considerations.
- Bank of America / BofA Securities: Bulge-bracket competitor delivering investment banking, equities, and fixed income through BofA Securities, with balance-sheet and global distribution advantages over independent peers.
- JPMorgan Chase (Investment Banking division): The largest global investment bank with the deepest balance sheet and broadest product mix. Overlaps Jefferies across all major business lines but offers scale advantages in debt underwriting, prime financing, and large-cap league table position.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Leucadia National Corporation social profiles
Digital presenceLeucadia National Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Leucadia National Corporation leadership team
Management profileNumber of profiles
Leucadia National Corporation subsidiaries and ownership
Company hierarchySubsidiaries2 records
Leucadia National Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Leucadia National Corporation M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Leucadia National Corporation
What does Leucadia National Corporation do?
Leucadia National Corporation, operating as Jefferies Financial Group Inc., is a global full-service investment banking and capital markets firm. It delivers advisory, M&A, equity underwriting, debt underwriting, equities and fixed income trading, prime brokerage (JPrime), alternative asset management via Leucadia Asset Management, and wealth management to corporate, institutional, government, and high-net-worth clients. The firm supports these services through a proprietary technology stack including client portals, algorithmic trading, and dedicated mobile applications across offices in the Americas, Europe, Asia, and the Middle East.
Is Leucadia National Corporation a public or private company?
Leucadia National Corporation is a public company. It is classified as public and is currently operating.
When was Leucadia National Corporation founded?
Leucadia National Corporation was founded in 1962. It employs 51 to 100 people.
Where is Leucadia National Corporation based?
Leucadia National Corporation is headquartered in New York, United States, in the North America region.
How does Leucadia National Corporation make money?
Five revenue lines are on record. Investment Banking is the primary driver. The others are equities Trading & Brokerage, fixed Income, alternative Asset Management and wealth Management.
Who are Leucadia National Corporation's main competitors?
Piper Sandler is listed as an emerging player. Direct peers are Lazard, Morgan Stanley, Evercore, Moelis & Company, Houlihan Lokey and Goldman Sachs. Broad incumbents are Citi (Institutional Securities), Bank of America / BofA Securities and JPMorgan Chase (Investment Banking division).
Does Leucadia National Corporation have an API?
No public API is recorded for Leucadia National Corporation.
What industry is Leucadia National Corporation in?
Leucadia National Corporation's product category is Investment Banking. Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory). Its NAICS code is 523 and its SIC code is 6211.