What does Evercore mean by 'conflict-free advisory'?

The concept of 'conflict-free advisory' at Evercore refers to the delivery of unbiased advice that is centered around the best interests of the client. This means that the advisory services provided do not have external influences or pressures that could lead to a conflict of interest. The firm aims to prioritize what is best for the client, ensuring that recommendations are made solely based on the client's needs and situation, rather than being swayed by other financial motivations or commitments that could compromise the integrity of the advice given.

In this context, providing truly impartial guidance is crucial in building trust with clients, allowing them to rely on the advice they receive without questioning the motives behind it. This approach distinguishes Evercore's advisory services from those that might be influenced by external factors or prioritize the firm's financial gain over the client's welfare. By championing a model of conflict-free advisory, Evercore strives to maintain a high standard of integrity and client satisfaction.