Piper Sandler Companies Common Stock (PIPR)

Competitors to Piper Sandler Companies Common Stock (PIPR)

Baird

Baird competes with Piper Sandler primarily in investment banking and wealth management, emphasizing personalized client service and long-term relationships. Both firms are focused on the middle market, but Baird has leveraged its strong research and equity trading capabilities, potentially providing more extensive support to clients during capital raising processes. Piper Sandler, while similarly focused on high-touch service, may not have the same level of research resources, giving Baird a slight competitive edge in certain market segments.

Cowen Inc.

Cowen Inc. and Piper Sandler compete primarily in the fields of investment banking and equity research. Both firms offer similar services, including capital markets, corporate advisory, and asset management. Cowen has a strong emphasis on certain growth sectors, such as technology and healthcare, which allows it to attract specific clients in those industries. Piper Sandler, with a more diversified industry focus and a strong reputation in middle-market transactions, competes by providing customized solutions for a wider range of clients.

Jefferies Financial Group Inc. 

Jefferies Financial Group competes with Piper Sandler by providing investment banking and capital markets services on a global scale. Jefferies has a larger international presence and a broader client base, often allowing it to win major deals in larger markets. However, Piper Sandler distinguishes itself by focusing on niche markets and providing personalized services, which can be an advantage in securing deals within its specialized segments. Jefferies’ scale gives it a competitive edge over Piper Sandler, especially in large transactions.

Raymond James Financial, Inc. 

Raymond James and Piper Sandler compete in wealth management and investment banking, targeting similar clients seeking comprehensive financial solutions. Raymond James has an extensive network of branch offices, allowing it to attract retail investors, while Piper Sandler has a stronger focus on institutional clients. The companies also compete in capital markets, but Raymond James benefits from its larger retail division, which can provide it a more stable revenue base and broader reach than Piper Sandler.

Stifel Financial Corp. 

Stifel Financial and Piper Sandler both engage in providing investment banking services and wealth management solutions, competing effectively within the same market segments. Stifel has grown through strategic acquisitions, enhancing its market reach and service offerings. While Piper Sandler has a history of strong performance in advisory services, Stifel’s extensive footprint and comprehensive service portfolio give it a competitive advantage, especially in diversifying income streams across different financial services.