Best Financials ER Analysts
Coverage moving to fins. Any thoughts on whose work would be best to read as I ramp on the sector? Thanks
Coverage moving to fins. Any thoughts on whose work would be best to read as I ramp on the sector? Thanks
| +13 | Is Equity Research Dying - Where Are the Future Opportunites? | 4 | 1d |
| +10 | Associates who stuck around for > 5 years working for the same analyst. Why? | 4 | 6d |
| +9 | UBS ER SA27 Superday | 7 | 3w |
| +9 | Detailed Revenue and Cost Builds | 3 | 1w |
| +7 | Analyst with no coverage or ranking | 5 | 1w |
| +7 | Uiuc or Ross or UChicago | 8 | 2w |
| +1 | IB SA -> ER FT | 4 | 2w |
| 0 | Equity Research Rankings | 1 | 1w |
Career Resources
KBW, Autonomous (Bernstein)
Based on the most helpful WSO content, when ramping up on the Financials sector in Equity Research, it's crucial to focus on analysts who are highly regarded for their deep insights and differentiated work. Here are some tips and considerations:
Follow Top Analysts in the Sector: Look for analysts who are recognized as "II Rising Stars" or those with a strong reputation in Financials. These analysts often produce high-quality, actionable research. Pay attention to their reports, models, and sector insights.
Sector-Specific Knowledge: Financials is a complex sector, so prioritize analysts who demonstrate a deep understanding of the nuances, such as regulatory changes, interest rate impacts, and capital flows. Analysts covering banks, insurance, or asset managers with a strong track record of accurate calls are worth following.
Read Widely: As suggested in WSO threads, breadth and quantity of reading are key. Dive into sell-side reports, industry white papers, and academic articles on Financials. This will help you understand the sector's valuation metrics, accounting methods, and key drivers.
Books and Resources: Consider reading "Best Practices for Equity Research Analysts" by Jim Valentine. It's a highly recommended resource for understanding how to produce differentiated research and improve your effectiveness as an analyst.
Networking and Insights: Engage with professionals in the sector. As highlighted in WSO discussions, building relationships with industry contacts (e.g., company management, regulators, or other analysts) can provide invaluable insights.
Catalyst Identification: Focus on analysts who excel at identifying catalysts that can drive stock price movements. As noted, an undervalued company without a catalyst may remain undervalued for a long time.
By following these steps and immersing yourself in the work of top analysts, you'll be well-positioned to ramp up effectively in the Financials sector.
Sources: Finishing 1st Year as HF Analyst - Ask Anything, Reading List for the Incoming Analyst, How to pick your next sell-side research job, Long term, concentrated, deep fundamental investing, https://www.wallstreetoasis.com/forum/equity-research/career-ladder-equity-research-vs-investment-banking-a-definitive-guide-part-3?customgpt=1
the sandler part of piper covers regional banks pretty thoroughly
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