Sunday, July 19, 2015

Term of the Day: Boutique

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July 19, 2015
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:

Smaller players in the financial segment can do well by positioning themselves to serve a niche. Although they may lack some of the resources...

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