As good as it gets? Boutique banks look to grow beyond M&A

Boutique investment banks have grabbed a record share of the global merger and acquisition fee pool off larger Wall Street rivals this year but their stock price performance is trailing bigger peers. To diversify their revenues, firms including Rothschild & Co SCA , Lazard Ltd and Evercore Partners Inc are looking for new ways to gin up additional business including advising on raising debt, corporate governance structures and offering research for their clients. M&A levels have slowed a