Raymond James and Amegy Bank announced a strategic alliance that enables Amegy to offer enhanced services and product offerings to its energy-related clients. This will be done through a referral and fee-sharing arrangement with Raymond James for all energy investment banking services. Amegy energy clients will have access to Raymond James’ fully integrated global equities and investment banking platform, including mergers and acquisitions expertise, debt and equity origination, structuring, underwriting, and equity research with growing retail and institutional distribution capabilities.
The alliance will allow clients to leverage the investment banking capabilities of Raymond James with Amegy’s energy commercial banking abilities, according to the two companies. The alliance will focus on serving energy clients in the upstream, midstream, downstream, and energy services sectors in both the public and private markets. Raymond James has one of the largest equities platforms in North America, covering nearly 1,200 companies — including more than 150 in energy — and more than 2,400 domestic and 800 international institutional accounts.