The investment banking industry provides a variety of banking services. Unlike most local banking institutions that focus primarily on individuals and small businesses, investment banking institutions tend to have a broader focus. Investment banking as an industry focuses more on corporations and individuals who have above average net worth and available investment cash.
The investment banking industry has a structure that contains three areas of concentration. The three areas are sales and training, asset management, and investment banking division. Each area has specific purposes and handles certain investment banking needs. As an industry, larger investment banks have more flexibility concerning the areas that are operated and maintained. Smaller investment banks usually focus on the investment bank division.
Regarding the investment banking division, there are two segments within the division. The segments are industries and products. Both of the segments are structured to assist both individuals and companies with transactions, mergers, and acquisitions. Also, the two segments can give assistance pertaining to financial issues such as providing funding for business deals, or helping clients find funds for business transactions.
There are several reasons why smaller investment banks utilize investment banking division more so than the other two areas in investment banking. One of the main reasons is because investment banking division has more diverse services.
Investment banking division, which is often referred to as corporate finance, is structured to provide services to corporations on a wide scale. This does not mean that investment banks cannot offer services to entities other than corporations.
Smaller investment banks can be ran successfully off the personality and business savvy of the people holding key management positions. Martin Lustgarten is an investment banker who has been able to run a successful investment bank based on his knowledge, talents, expertise, and skills concerning the investment banking industry.
Martin Lustgarten is the CEO and founder of Lustgarten Martin, which is an investment bank. The investment bank provides a variety of services for corporations such as providing advice concerning corporate finances, securing funding for business deals, and assisting with public stock issues.
He has a mixture of clients that range from small to large corporations. In addition, Martin Lustgarten offers a personal touch related to the services offered through his investment bank that caters to the specific needs of his clients.