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 | 5,776.0 | 17,695.0 | 2 |
| 2 | Deutsche Bank | 5,473.7 | 17,552.0 | 3 |
| 3 | Goldman Sachs | 4,706.0 | 22,788.6 | 6 |
| 4 | Moelis | 2,520.8 | 15,125.0 | 1 |
| 5 | Credit Suisse | 2,325.3 | 7,872.0 | 3 |
| 6 | Citigroup | 1,970.9 | 6,595.0 | 3 |
| 7 | JP Morgan | 1,949.4 | 7,408.3 | 4 |
| 8 | Cowen | 1,353.7 | 3,326.0 | 3 |
| 9 | Jefferies | 1,033.9 | 5,644.6 | 4 |
| 10 | BofA Securities | 800.3 | 2,401.0 | 1 |
| 11 | Oppenheimer | 800.3 | 2,401.0 | 1 |
| 12 | UBS | 728.7 | 1,457.3 | 1 |
| 13 | Connaught | 528.9 | 3,702.0 | 1 |
| 14 | Lazard | 367.1 | 2,570.0 | 1 |
| 15 | Cantor Fitzgerald | 315.6 | 1,314.0 | 2 |
| 16 | Barclays | 291.5 | 1,457.5 | 2 |
| 17 | Wells Fargo | 273.1 | 956.0 | 1 |
| 18 | LionTree Advisors | 266.7 | 1,600.0 | 1 |
| 19 | B. Riley | 252.2 | 630.5 | 1 |
| 20 | BMO Capital Markets | 219.8 | 1,319.0 | 1 |
| 21 | RBC Capital Markets | 219.8 | 1,319.0 | 1 |
| 22 | BTIG | 219.8 | 1,319.0 | 1 |
| 23 | Roth Capital Partners | 190.7 | 381.3 | 1 |
| 24 | Craig-Hallum Capital Group | 190.7 | 381.3 | 1 |
| 25 | William Blair | 165.4 | 827.0 | 1 |
| 26 | Raymond James | 154.1 | 770.5 | 2 |
| 27 | Northland Capital Markets | 136.6 | 956.0 | 1 |
| 28 | Rothschild | 126.1 | 630.5 | 1 |
| 29 | Stifel Nicolaus | 81.1 | 405.6 | 2 |
| 30 | SVB Leerink | 53.1 | 265.6 | 1 |
| 31 | Vantage Point Advisors | 28.0 | 140.0 | 1 |
| 32 | Boenning and Scattergood | 28.0 | 140.0 | 1 |
| 33 | Chardan | 28.0 | 140.0 | 1 |