Investment banking is probably one of the riskiest businesses in the banking world. An investment bank serves as an agent to entities such as corporations, government, and other big organization. The investment banks raise capital for these companies. They also advise the organizations on how to place investment options and in most cases they facilitate mergers and acquisitions.
Investment banking requires top, notch research skills, and an observational eye. Convincing people to invest in big venture requires a set of people skills. Suffice to say it is not trading for the faint hearted as Martin Lustgarten has proved with his success.
Martin Lustgarten is a successful investment banker in America. He is the founder of Lustgarten Martin Investment firm based in Florida. Martin success story emanates from his ability to establish a smooth communication network in his company.
Martin Lustgarten realized effective communication was one of the best ways to ensure success in business. Based on all the praise he has received his system works. He treats his clientele with respect something rare in Wall Street. He improves his employees’ productivity through having a personal and professional relationship with them.
Why investment banks are important
Investments banks save organizations the hustle of research. They collect information on companies and use it to advise their clients on which stocks to buy and when to sell for most profits.
It is illegal for banks to engage in proprietary trading. Investment banks come in where they have trading departments that can carry out bonds and stocks transactions for the banks and other firms.
Asset management is one of the other departments in investment banking. It needs the experience to decide on the right stocks, real estate among other investments to best suit an organization’s needs.
Investment banks advice companies on when to bring together their assets to market to other investors. When organizations bring together assets and sell off, it serves as a fixed income product for the company.
In case, you feel you need to move to banking sector without too many retail complaints. Then investment banking should be top of that list. It is an important job that involves huge organizations depending on your advice for their financial gain. Follow Lustgarten on Twitter to keep up with his news and events.