Advisor credit is shared equally among all advisors on a given deal, as a proportion of the enterprise value of the target company acquired by the SPAC. Firms with multiple advisory roles receive credit for each role.
| Rank | Advisor | Advisor Credit ($MM) |
Total Deal Volume ($MM) |
Deal Count |
|---|---|---|---|---|
| 1 | Morgan Stanley | 8,298.9 | 31,339.0 | 6 |
| 2 | Goldman Sachs | 6,673.1 | 28,290.6 | 10 |
| 3 | Credit Suisse | 6,469.7 | 21,516.0 | 7 |
| 4 | Deutsche Bank | 6,030.5 | 18,944.0 | 4 |
| 5 | JP Morgan | 4,849.4 | 21,808.3 | 6 |
| 6 | Cowen | 3,153.7 | 8,726.0 | 4 |
| 7 | BofA Securities | 2,800.3 | 11,401.0 | 2 |
| 8 | UBS | 2,528.7 | 6,857.3 | 2 |
| 9 | Moelis | 2,520.8 | 15,125.0 | 1 |
| 10 | Barclays | 2,376.3 | 9,819.5 | 5 |
| 11 | Citigroup | 2,284.9 | 8,165.0 | 4 |
| 12 | Cantor Fitzgerald | 1,336.2 | 3,975.0 | 4 |
| 13 | RBC Capital Markets | 1,219.8 | 10,319.0 | 2 |
| 14 | Oppenheimer | 1,130.7 | 3,227.0 | 2 |
| 15 | BTIG | 1,126.2 | 4,281.0 | 3 |
| 16 | Jefferies | 1,033.9 | 5,644.6 | 4 |
| 17 | Proton Partners | 1,000.0 | 9,000.0 | 1 |
| 18 | Connaught | 528.9 | 3,702.0 | 1 |
| 19 | Craig-Hallum Capital Group | 443.9 | 1,339.3 | 3 |
| 20 | Roth Capital Partners | 399.9 | 1,339.3 | 3 |
| 21 | Lazard | 367.1 | 2,570.0 | 1 |
| 22 | Wells Fargo | 273.1 | 956.0 | 1 |
| 23 | LionTree Advisors | 266.7 | 1,600.0 | 1 |
| 24 | B. Riley | 252.2 | 630.5 | 1 |
| 25 | BMO Capital Markets | 219.8 | 1,319.0 | 1 |
| 26 | Chardan | 212.4 | 324.4 | 2 |
| 27 | Akin Gump Strauss Hauer & Feld | 206.6 | 1,033.0 | 1 |
| 28 | Faegre Drinker Biddle & Reath | 206.6 | 1,033.0 | 1 |
| 29 | William Blair | 165.4 | 827.0 | 1 |
| 30 | Perella Weinberg | 165.2 | 826.0 | 1 |
| 31 | Raymond James | 154.1 | 770.5 | 2 |
| 32 | Northland Capital Markets | 136.6 | 956.0 | 1 |
| 33 | Rothschild | 126.1 | 630.5 | 1 |
| 34 | Wilson Sonsini Goodrich & Rosati | 118.4 | 829.0 | 1 |
| 35 | Nomura | 118.4 | 829.0 | 1 |
| 36 | Stifel Nicolaus | 81.1 | 405.6 | 2 |
| 37 | SVB Leerink | 53.1 | 265.6 | 1 |
| 38 | Vantage Point Advisors | 28.0 | 140.0 | 1 |
| 39 | Boenning and Scattergood | 28.0 | 140.0 | 1 |