Top 10 Financial Advisors in Financial Services Industry in the World in 2021 by Deal Volume

The Goldman Sachs Group Inc, Piper Sandler Companies, Raymond James Financial Inc, Rothschild & Co SCA, and Morgan Stanley are among the top 5 financial advisors in the financial services industry in 2021 by deal volume. In terms of the geographic split, 9 out of 10 of the world’s top 10 financial advisors in the financial services industry are headquartered in North America, whereas the remaining 1 is based in Europe. They employed a total of 599,753 people in 2021. The Dye & Durham-Link Administration deal was one of the major deals in the financial services sector in 2021. Barrenjoey Capital Partners has served as a financial advisor, while Clayton Utz, Goodmans LLP, Dentons, and DLA Piper have served as legal counsel to Dye & Durham. Dye & Durham Limited, a Canada-based provider of cloud-based software solutions, has agreed to acquire all of the outstanding shares of Link Administration Holdings Ltd, an Australia-based company engaged services provider to the superannuation administration industry, at a price of AUD5.5 per share in cash for CAD3.2 billion. The offer price represents a 15% premium to the closing price of Link Group’s shares on the ASX as of December 21, 2021. The Banco Bradesco-Banco Digio deal was another major deal in the financial services sector in 2021. UBS served as a financial advisor to Banco do Brasil in the transaction. Banco Bradesco S.A., a provider of financial services, has agreed to acquire a 49.9% stake in Banco Digio SA, a digital bank, from Banco do Brasil SA, a provider of financial services, for consideration of BRL625 million. All the parties involved in the transaction are based in Brazil. The completion of the transaction is subject to the approval of the Central Bank of Brazil and the Administrative Council for Economic Defense, in addition to the fulfillment of other necessary formalities.