What are the best independent research shops?
Hey Guys,
i was wondering what you guys thought were the best independent research shops?
i know that bernstein and isi have great reputations. jeff degraaf, former of isi just started his own shop called RenMac and fromer Strategist Jason Trennert runs Strategas. There are also the cleveland shops such as north coast, cleveland research, long bow. Also, wolfe trahan has a good reputation with their Strategist as well.
any insight would be appreciated.
Cleveland shops are schwag
Ned Davis Research
You are forgetting probably the best one: Zellman and Associates. They are also located in Cleveland but they have Ivy Zellman who is considered the best homebuilding analyst on the street.
why does cleveland have such a good presence? seems odd to me! any other places?
are their any independent equity research shops in boston?
x.
They are all spinoffs of Midwest Research, which was bought out by FTN.
The ones you mentioned in your first post are great. Also, Telsey Advisory Group, Green Street Advisors for REITS, Pacific Crest, Amherst Securities for rates/MBS, Miller Tabak (especially in FI), and a bunch of others I know I'm missing but can't think of off the top of my head.
off wall street (that is literally the name)
What are the good ones in Europe??
just want to try to bring this back to life. all of the help is appreciated.
Best independent shops in Europe are Redburn Partners, Bernstein, Exane and Arete (Tech research).
A lot of depends on the quality of the analysts at the independent houses to make a name for themselves given they don't have the bulge bracket sales and trading platforms to generate comm through.
any good one's in toronto?
How is Morningstar's reputation? The seemed to have a lot of analysts on the WSJ rankings this year.
exane is good. had a pre ipo marketing meeting with one of their senior analysts. half way through the meeting he tells us that he doesn't have that much confidence in his estimates. what a joker.
Is it possible to break in to independent research places after UG?
Absolutely. I work for an institutional equity research research firm. I didn't come here straight out of undergrad but I could have.
i am no expert but from what i have heard it is as long as you have sufficient internship experience and a clear focus. try to get an internship with a smaller broker that has a strong research arm. that way you will probably get the best experience.
Veritas in Toronto
Wood Mackenzie for O&G
What about independent research firms in NYC like Wolfe?
Trying to bring this thread alive again.
Would also love to hear people's thoughts, especially if you are currently working at a small shop. What's pay / culture / exit opps like?
Is NYC significantly different than non-NYC? Same for comp. Does it matter if your team is II ranked or not? Does your sector matter?
Sunt quos alias sint ut quia maxime quibusdam. Vel reprehenderit debitis et sequi consequatur qui. Dolor nam error velit. Ut est tenetur repellendus ducimus molestias. Sint quia possimus officia.
Voluptates aut voluptatem non ut. Iusto et reiciendis dicta officiis. Quaerat molestias modi dolores fuga temporibus laudantium eum. Illum voluptatem iste sint consectetur quo.
Perferendis aliquam optio est ut aliquam sint cupiditate reiciendis. Dolorum id omnis quis id ad.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Repellendus omnis totam ut ut dolor. Explicabo id natus voluptatem molestiae. Autem quo repellat quis facilis. Adipisci ex autem non.
Recusandae necessitatibus ipsam commodi nam rerum. Sit dicta fugit ut ut. Enim accusamus sunt nesciunt asperiores. Porro sint labore perferendis eum deserunt quae. Ea eum vel aliquid ut perspiciatis error voluptatem. Rerum laudantium velit quibusdam animi tempore. Similique repellat odit quisquam debitis minima magnam.