Cowen is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, , commission management services, and actively managed alternative investment products. Cowen employs more than 1,700 people and is led by Jeffrey Solomon, the firm’s Chair and Chief Executive Officer.

Founded in 1918, Cowen is headquartered in New York and has offices worldwide. In August 2022, Cowen announced that it would be acquired by Canadian banking firm TD Bank for $1.3 billion. The deal, slated to close in the first quarter of 2023, will significantly increase TD’s U.S. investment banking presence. Upon the deal’s closing, Cowen will remain a separate entity.