At the most basic level, sophisticated institutional investors need two things from a securities firm: a stream of new, strong investment ideas, and the sales and trading depth to put those ideas into action. It sounds simple - yet making that combination work is something of an art form.

At SMH we've mastered the art. Our institutional clients can count on a steady flow of investment prospects, both from our award-winning Research Team and in private-placement and IPO opportunities sourced from our Investment Banking Group. The close links between these groups and our Institutional Sales & Trading Team assure that the investment needs of specific institutional clients are met, on a case-by-case basis. Quite simply, at SMH, we don't just visit corporate executives, we barbecue with them.

Above all, SMH institutional clients know that we're willing to take on the same risks they are, in the hope of garnering the same rewards. Our philosophy of Investing in Common means that, when we advise clients to pursue a particular investment opportunity, it's one we're likely to pursue ourselves - same securities, same terms, same expectations.