Jefferies Financial Group (JEF) is a global investment bank and financial services firm that provides investment banking, capital markets, asset management, financial advisory, institutional brokerage and research services to corporations, governments and institutional investors. The company was founded in New York City in 1883 as the John Jeffries & Co., a small commodities trading firm run by the eponymous founder. In the early 20th century it expanded into corporate finance, underwriting stocks for companies such as General Electric (GE). After World War II, Jefferies moved its headquarters to Atlanta. Today it has offices in New York City; Los Angeles; San Francisco; Chicago; Washington D.C.; London; Paris; Frankfurt am Main; Tokyo and Beijing.
Investment banking is a division of the financial services industry that focuses on advising companies on mergers and acquisitions, initial public offerings (IPOs) and other transactions. Investment banks also help companies raise capital through the issuance of debt and equity securities.
Investment banks advise clients on their capital structure, including their debt and equity mix. For example, in addition to being able to advise companies on how much debt they can take on without adversely affecting their ability to make payments when due, investment bankers also have access to complete financial information about each client’s assets as well as its current liabilities, so that when making recommendations about how much debt should be taken on by a client during an IPO or M&A transaction (or any other time), they can determine whether or not such action would negatively impact the company’s credit rating—something which may negatively affect its ability not only pay off existing loans but also obtain new ones from lenders in the future.
Capital markets and asset management
Capital markets and asset management is a division of Jefferies Financial Group that provides investment banking services to clients in financial services and other industries.
The capital markets sector focuses on debt and equity markets, including underwriting, corporate finance, research and public relations.
- Fixed income is a type of investment that offers a stream of income. It includes bonds, notes, municipal bonds and certificates of deposit. Fixed-income investments are considered low-risk investments and can be an effective way to diversify your portfolio.
- Since fixed income returns are determined ahead of time (i.e., the interest rate), investors do not have the risk associated with equity returns that may fluctuate due to market conditions.
Equities are stocks, which are shares of ownership in a company. They can be traded on exchanges and are a way to invest in companies and make money. Stocks also help diversify your portfolio.
Global wealth management
Jefferies Financial Group offers a global wealth management business that provides investment banking, capital markets and asset management, fixed income, equities and financial advisory services. The firm provides services to corporations, governments and high-net worth individuals around the world.
Jefferies was founded in 1883 by John Jefferies as a commodities trading firm in Chicago. After several mergers with other firms over the years, it became known as Jefferies & Co., Inc., a registered broker/dealer located at 2 N LaSalle Street on Chicago’s LaSalle Street financial district (the same address where Raymond James & Associates has its headquarters today).
In 2006 Jefferies acquired Houlihan Lokey Howard & Zukin for $925 million; this acquisition added about $4 billion to its revenues for that year. In 2007 it acquired New York-based First Albany Corporation for approximately $1 billion. In 2012 the company relocated from Los Angeles back to New York City where it operated out of One Liberty Plaza until moving into 587 Fifth Avenue (Northwest corner at 57th Street) in 2013 after selling off its entire office portfolio during 2013-2014 time period according to Bloomberg data base report dated March 16th 2015 titled “Jefferies Financial Group Earnings Report”.
- Financial advisory services: We offer financial planning, wealth management and investment management to help you achieve your financial goals.
- Financial solutions: Our solutions are designed to meet your unique needs and goals over the long term.
Understanding the business model of Jefferies Financial Group can help you learn about the company.
Jefferies Financial Group is a financial services firm specializing in investment banking and securities. It also provides high-yield trading, equity research and asset management services. The company operates globally through its headquarters in New York, with offices in major cities throughout the world: Tokyo; London; Hong Kong; Paris; Frankfurt; Madrid; Milan and Amsterdam.
The firm is also publicly traded on the New York Stock Exchange under the symbol JEF (NYSE).
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