Financial Services

A Leader in the Markets Driving our Economy

Our financial services group is comprised of dedicated industry professionals with decades of domain expertise. We work closely with clients to understand their goals and challenges, crafting tailored solutions to help them meet their strategic objectives.  

#1 70 $47.8B
  M&A advisor   deals since 2019   total deal value

Our financial services investment banking group was founded more than 30 years ago as Sandler O'Neill + Partners, L.P. In January 2020, Piper Jaffray's experienced team was combined with Sandler's industry experts to form the leading financial services investment bank. We provide a comprehensive offering of corporate finance and financial advisory services. We are a recognized leader in mergers and acquisitions, capital raising, and conversion and demutualization transactions for financial institutions of all sizes. We have earned a reputation as a trusted advisor by forming strong, long-lasting relationships and giving sound advice focused on building long-term value for clients.

We serve the entire financial services sector and have dedicated teams of seasoned professionals working with banks & thrifts, financial technology firms, insurance companies, securities firms, broker-dealers, exchanges, asset managers, finance companies, non-traditional lenders, REITs, business development companies and other non-depository financial institutions. Our comprehensive knowledge of financial companies and our unique ability to integrate the most experienced talent and target resources to client needs are competitive advantages that we use to drive results for clients.

Banks and Thrifts

Serving banks and thrifts has always been at our core. We fundamentally understand the issues most important to these institutions and have a track record of success based on earning clients’ trust and helping them grow their businesses. We work closely with management teams to understand their goals and challenges, and we craft solutions to help them reach their objectives. We build long-term relationships and have grown alongside many of our clients to expand our services, which include capital raising through issuing equity, debt or preferred securities, whole bank and branch M&A transactions, fairness opinions and lines of business acquisitions and divestitures.

Capital Raising

Capital fuels growth and provides flexibility. Our longstanding relationships with financial institutions and their investors, combined with carefully tailored offering structures, are the right formula to achieve successful capital planning. Faced with unprecedented operating and regulatory challenges, financial institutions have increasingly sought to add capital to their balance sheets or recapitalize and have turned to us. We work with our clients to analyze capital structures, review alternatives, and select the optimal mix of capital offerings. We serve as objective advisors who present a range of equity and debt financing options to help clients add value in each stage of a transaction.

Asset Management

Our asset management group provides financial advisory and capital raising services to asset managers and related companies globally. We are a trusted advisor to our clients, assisting them in developing and accessing alternatives to meet their strategic objectives. Our service is distinguished by our breadth of experience and relationships with several senior members who have advised clients for over 20 years. We have a deep understanding of the industry and the trends driving it forward.

Financial Technology

Our financial technology team has a track record of leading the most complex and demanding deals across subsectors including capital markets technology, market infrastructure, wealth management technology and payments.

Insurance

Our insurance group provides comprehensive financial advisory and capital raising services for insurance companies in the life, property/casualty, insurance brokerage and insurance services sectors. Our clients range in size from small and mid-sized privately held companies to some of the largest publicly traded and mutual insurance companies in the U.S.

Real Estate

Our real estate group provides financial advisory and capital raising services to companies that own and invest in real estate. We have earned clients’ trust by offering sound, value-added advice to both mortgage and property REITs on a variety of strategic and financial objectives. Our experienced team has the ability to structure transactions creatively and effectively to achieve specific strategic and financial objectives.

Diversified Financial

Our experienced team of investment bankers is deeply committed to serving non-depository sectors of the financial services industry. Our managing directors, many of whom pioneered institutional advisory services within these areas, provide capital markets, strategic merger and acquisition and financial restructuring and capital markets advisory services to companies such as electronic trading platforms, specialty finance companies, business development companies, special purpose acquisition companies, and financial consultancies.

Conversions

Mutual institutions and mutual holding companies face unique issues when seeking to access the capital markets, requiring specialized expertise from their financial advisor. Our team has completed over 100 conversions and demutualizations for thrifts and insurance companies, making the firm one of the most experienced in providing these services. With specialists in every aspect of this process, we work with mutuals to provide comprehensive advice on corporate and capital structure, evaluate the benefits and responsibilities of public ownership, understand the issuance landscape, the offering process and the concerns of investors, and structure appropriate ownership incentives for directors, officers and employees.

How can we help?

Our experienced team of investment bankers are the leading financial services team in the industry. We are consistently ranked #1 for M&A advisory. Our breadth and depth of knowledge provides clients with the right solutions to meet their evolving needs. Please contact us at FSGinvestmentbanking@psc.com.