8. Toussaint Capital Partners L.L.C.

Founded in 2003, Toussaint Capital Partners L.L.C, debuted on the BE Investment Banks list in 2007.  Nearly two years later, the firm ranks as one of the nation’s largest black-owned boutique investment banks. The New York City-based company specializes in underwriting as well fixed income sales and trading.

Institutional investors represent majority of the firm’s client base. Clients include financial service company Citigroup as well as automotive giants Ford Motor Co., DaimlerChrysler, and General Motors Corp.