Goldman Sachs just hit a mythical number for M&A advice

Goldman Sachs just hit the $1 trillion mark for advisory work on mergers and acquisitions deals.

It is the second time the U.S. investment bank has ever passed the milestone, according to Dealogic.

The timing of it achieving Wall Street's equivalent of the platinum record is telling.

It took until December for Goldman to hit the magical $1 trillion mark last year. 

This year, according to data from Dealogic, it didn't even take until September. 

It's a sign of how much M&A has risen in the wake of the financial crisis. Until last year, when Goldman advised on $1 trillion worth of M&A, no bank had worked on $1 trillion worth of deals from the onset of the recession, forward. 

But, now, as M&A in 2015 is closing in on all-time highs, Wall Street's biggest banks are getting an opportunity to make up for lost time. 

It should be no surprise given Goldman's performance so far this year. Goldman Sachs was Wall Street's top bank for dealmaking for the first half of 2015, in the U.S. and around the world.