Which of the following is NOT typically a function of investment bankers?

Investment bankers primarily serve large institutions and corporations, facilitating various financial transactions and services that are crucial to the corporate finance structure. A key function of investment bankers is underwriting securities, where they help companies issue new equity or debt by purchasing the securities from the issuer and reselling them to the public or investors. This process is essential to capital raising.

They also engage in advisory roles, providing guidance on portfolio management, mergers and acquisitions, and other strategic financial decisions. Additionally, they are responsible for distributing new securities by connecting issuers with investors in both primary and secondary markets.

Providing personal loans to consumers, however, falls outside the traditional realm of investment banking. This service is typically associated with commercial banks or retail banks, which cater to individual consumers and small businesses rather than focusing on large-scale corporate finance activities. Thus, the choice indicating personal loans is not typically a function of investment bankers and is the correct response to the question.