Compass Point Research & Trading, LLC is a full-service investment banking firm specializing in the financial services sector. Established in 2007, the firm offers a comprehensive suite of services, including investment banking, research, and sales and trading, tailored to meet the needs of institutional investors. Headquartered in Washington, D.C., Compass Point also maintains offices in Boston, MA, and New York, NY. The firm's mission is to provide insightful investment ideas and quality execution, leveraging deep industry knowledge to deliver timely and actionable insights to its clients.
Key Strategic Focus
Compass Point's strategic focus centers on delivering specialized services to the financial services industry. The firm's core objectives include providing advisory services in mergers and acquisitions, capital raising, divestitures, initial public offerings, strategic and financial advisory, and recapitalization transactions. By concentrating on this sector, Compass Point aims to offer tailored solutions that address the unique challenges and opportunities within the financial services landscape.
Financials and Funding
Estimates of Compass Point's annual revenue vary, with figures ranging from $2.7 million to $15 million. The firm has approximately 46 employees, resulting in a revenue per employee ratio of about $58,696. Compass Point has raised a total of $1 million in funding over one round.
Leadership Team
The leadership team at Compass Point comprises experienced professionals with extensive backgrounds in investment banking and financial services:
- Burke Hayes Jr., Chief Executive Officer & Head of Investment Banking
- Michael Kiernan, Chief Operating Officer, Equity Research
- David Rochester, Managing Director & Director of Research
- Thomas Sheedy, Managing Director & Head of Capital Markets
- Dominick Gabriele, Managing Director & Senior Equity Research Analyst
These leaders bring a wealth of experience and expertise, guiding the firm's strategic direction and ensuring the delivery of high-quality services to clients.
Competitor Profile
Compass Point operates in a competitive landscape alongside several notable firms:
- Hovde Group: With 27 employees and an estimated revenue of $8.3 million, Hovde Group offers investment banking services within the financial sector.
- Brock Capital Group: Employing 34 individuals, Brock Capital Group generates approximately $6.1 million in revenue, providing advisory services across various industries.
- Kaufman Bros: A smaller competitor with 5 employees and $3.6 million in revenue, focusing on investment banking and advisory services.
- C K Cooper: With an estimated revenue of $6.2 million, C K Cooper offers investment banking services, though specific employee numbers are not available.
- Barrington Research Associates: This firm has 26 employees and generates around $5.6 million in revenue, specializing in research and investment banking services.
These competitors vary in size and service offerings, contributing to a dynamic market environment in which Compass Point operates.
Strategic Collaborations and Partnerships
Compass Point has expanded its financial services platform by adding senior analysts and opening new offices to enhance its service offerings. In 2013, the firm announced the expansion of its Sales and Trading business with the opening of new offices in Boston and New York, and the addition of four senior salespeople. This strategic move aimed to strengthen the firm's market position and better serve clients focused on the financial services industry.
Operational Insights
Compass Point's strategic considerations involve maintaining a strong market position by leveraging its deep industry knowledge and specialized focus on the financial services sector. The firm's distinct competitive advantages include its dedicated research team, tailored advisory services, and a commitment to delivering timely, actionable insights to clients. By concentrating on this niche market, Compass Point differentiates itself from broader investment banking firms, offering specialized expertise that addresses the unique needs of financial institutions and their investors.
Strategic Opportunities and Future Directions
Looking ahead, Compass Point aims to capitalize on opportunities for expansion by further enhancing its service offerings and geographic reach. The firm's current strengths, including its experienced leadership team, specialized focus, and commitment to quality execution, position it well to achieve future objectives. By continuing to invest in its investment banking, research, and sales and trading platforms, Compass Point seeks to adapt to evolving market dynamics and meet the changing needs of its clients.
Contact Information
For more information about Compass Point Research & Trading, LLC, please visit their official website.
