Boutique
Definition of 'Boutique'A small financial firm that provides specialized services for a particular segment of the market. Boutique firms are most common in the investment management or investment banking industries. These firms may specialize by industry, client asset size, banking transaction type or by other factors to address a market not well addressed by larger firms. |
|
Investopedia explains 'Boutique'Smaller players in the financial segment can do well by positioning themselves to serve a niche. Although they may lack some of the resources of larger firms, boutique firms aim to offer more individualized services and tailor their offerings to the needs of their clients. Boutique firms are often started by former employees of larger firms who wish to strike out on their own. Working at a boutique firm can offer an alternative for finance workers who are looking for something different from the large firm experience. |
Related Definitions
Articles Of Interest
-
Evaluating Firm Size In A Financial Advisor Job Hunt
The choice between a larger or smaller company may be decided by an advisor's experience or temperament. Find out the best size for you. -
Be A One-Stop Shop For Your Clients
Offering comprehensive financial services can bring in business, but coordination is the key to success. -
Tips For Fitting In At Your Brokerage Firm
Part of starting a successful career as a broker is finding the right place to work. -
Brokerage Functions: Underwriting And Agency Roles
Learning about these various activities can give insight into how securities are issued and traded. -
Fee-Based Brokerage: Will They Work For You?
Learn the pros and cons of this type of investing and whether it will work for you. -
Full-Service Brokerage Or DIY?
Determine what you are getting for your fees and commissions and how to get your money's worth. -
CFP, CLU Or ChFC - Which Is Best?
The designation you choose will depend on which areas of financial planning you want as your focus. -
Be A Financial Planner From Home
Now may be a good time to explore the possibility of working as a finanical planner from your home. -
Inside The e-PRO® Real Estate Certification
The e-PRO® curriculum focuses on the most recent developments in real estate technology. Here's everything you need to know about it. -
Top 10 Cities For A Career In Finance
Moving to one of these financial hot-spot destinations could set your career in motion.
Free Annual Reports