JonesTrading Institutional Services is an investment advisory and placement agent firm founded in 1975 and headquartered in Westlake Village, California. The firm offers services in the areas of equities, capital markets, investment banking, outsourced trading, and commission management services. Additionally, the firm's investment banking division provides initial public offerings, spot block transactions, preferred offerings, debt offerings, shares repurchase, at-the-market offering, private equity, and venture capital exit services. The firm caters to consumer products and services, business products and services. financial services, and healthcare sectors.