Evercore Business and Financial Overview
Hiring A+ Talent Leads To Additional Growth Opportunities from Ramping1 SMDs
in the Near-Term and Broader Sector Coverage and Capabilities in the Long-Term
Advisory SMD Coverage
SMD Growth
125
100
75
50
50
25
25
98
114
112
107
130²
Currently we have 30+ SMDs in ramp¹ mode
Hired 7 SMDs and 1 Senior Advisor in 2022;
Largest SMD promotion class in our history in
2022
2018
2019
2020
2021
2022
■Sector Focused M&A
■Other Advisory
Average productivity of fully ramped SMDs has
ranged from ~$18 million - $28 million³ over the
last 5 years
1.
2.
3.
"Ramping" defined as SMDS with 3 years on the platform
SMD count is as of December 31, 2022 and includes committed new hires and known departures/transitions. Does not include promotes announced in January 2023
SMD productivity calculated as Advisory revenue plus 50% of Underwriting revenue that is attributed to the Advisory business. Advisory revenue productivity figures are calculated using rolling 12-month revenues divided by SMD headcount on a 12-month lag
EVERCORE
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