Way too many naive or argumentative people who have never done business with Wall Street institutional investors or investment banks, hedge funds, VC’s, Asset management or P/E firms; think they charge nothing before or during the process. This is fantasy.
The reality is investment banks in particular may charge for different tasks. The following post details at least 14 steps they perform. These steps may or may not be a broker task and therefor has nothing to do with phony “success-fees” held hostage to what the client may or may not be capable of doing.
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Globalcrossroadscapital.com lists typical service option steps by traditional investment banking firms in US
(Copy & paste the url to address bar if not clickable.)
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