Evercore CEO: Investors Embrace Advisory Model

The video discusses the rise of independent advisory boutiques in investment banking, surpassing major banks in advisory fees. It explores the minimal impact of elections on M&A activity and highlights the challenges faced by research analysts. The discussion also covers economic conditions favorable for M&A, despite potential Fed rate hikes, and examines the market's reaction to Brexit, noting that significant impacts may take years to materialize.

What are the implications of low interest rates on M&A activity?

How has the Brexit vote impacted the stock performance of advisory firms?

What are the expected economic changes that could affect clients of advisory firms post-Brexit?