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Also with the new emergences of banks and insurance companies vying for the same clients, the financial services industry is not for the fragile firm. The products and services provided by the companies are similar (investment management, investment advice) and often multi-million dollar deals are awarded to companies as a function of “bigger is better”. Evergreen Investment has carved a niche in providing wholesale services to banks and brokerage firms but as mention earlier banks are vigorously completing for this business. So as a company considered middle of road as it relates to assets under management, human resources and technology, Evergreen Investment will have to compete, innovate and adapt to maintain its market...
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