Evercore Inc. Class A Common Stock (EVR)

Competitors to Evercore Inc. Class A Common Stock (EVR)

Cowen Inc.

Cowen Inc. and Evercore compete primarily in the investment banking space, focusing on advisory services, capital markets, and private equity investments. While Cowen has a strong emphasis on growth sectors, such as healthcare and technology, Evercore's strategy capitalizes on providing advisory services that cater to a broader range of industries. Cowen’s focus on specific sectors may serve it well in attracting clients seeking niche expertise, while Evercore leverages its expansive reach and reputation for providing high-quality advisory services across various industries to win larger, more diverse contracts and engagements.

Lazard Ltd 

Lazard and Evercore are both prominent independent financial advisory firms specializing in mergers and acquisitions (M&A), restructuring, and financial advisory services. They compete directly for advisory mandates from large corporations, sovereign entities, and financial sponsors. While both firms emphasize their advisory credentials, Lazard has a longer history in the investment banking sector and a more extensive global footprint, providing them with a broader client base and established reputation. Evercore, however, focuses on its differentiated client service model and deep industry expertise in specific sectors, allowing it to cultivate strong relationships and competitive positioning within certain markets.

Moelis & Company 

Moelis & Company and Evercore both operate as independent investment banks focused on providing advisory services primarily in M&A, restructuring, and capital markets. The firms compete to attract top-tier clients by emphasizing their senior-level talent and tailored advisory approach. Moelis has been noted for its rapid growth and ability to attract top bankers, enhancing its market presence while leveraging entrepreneurial culture. Evercore counters with a strong emphasis on long-term client relationships and a commitment to ensuring that all advice provided is in the best interest of its clients, which can resonate well with specific client demographics. Overall, Moelis is seen as a faster-growing challenger, whereas Evercore holds a well-established market presence.

PJT Partners 

PJT Partners and Evercore both provide financial advisory services with a focus on strategic M&A advice and restructuring. Both firms market themselves as highly specialized and rely on experienced professionals to navigate complex financial transactions. PJT partners primarily emerged from the restructuring business, which gives it a unique edge in distressed situations, while Evercore differentiates by having a wider scope in advisory services and global reach. PJT's niche expertise may give it a competitive advantage in specific scenarios where restructuring is critical, while Evercore offers a more comprehensive service suite across various financial advisory needs, making it competitive but perhaps more generalized.