J.P. Morgan ER Reputation
How is the reputation at JPM ER relative to comps, GS/MS?
Trending Content - Equity Research Forum
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
JPM is number 1 ranked for US ER research. BAML has been trying to dethrone JPM for that spot many years. MS is decent.
GS is not even a tier 1 conversation in ER, their only use is because they are on every single IPO.
Appreciate that. Thanks.
np
In terms of global research, BaML/JPM/UBS Tier 1. Citi not far behind. GS ER is probably amongst their weakest units. MS is decent but not tier 1.
Just painting a picture: I was looking at a name with 3 DISTINCT business segments, took a look at GS model. GS analyst slapped an EBITDA multiple on the consolidated EBITDA of the entire company and called that valuation.
GS ER is just as good as the other bulge brackets. No one cares about the actual valuation and the numbers they use. Corporate access and deals are what matters and GS is best in class alongside the other BBs.
Peopled hated this comment - please post and let me know where I'm wrong/your perspective.
I think your view should depend on your coverage and how you approach using sell-side.
I'm a L/S sector analyst, so I have street analysts that I think do better work. It will vary by sub-sector, and a lot of the time it's smaller banks that do the best work.
If I'm a generalist, I may view it as a "who's the best bank" rather than "who's the best analyst or team?"
FYI on rankings, I believe people are quoting institutional investor rankings which tend to be dominated by LO investors as it tends to be AUM-weighted. I haven't filled one out since I joined MM years ago.
Similique voluptate non quis nostrum odio facilis rerum. Qui dolorem dolor inventore non. Perspiciatis debitis quia aut sed et rerum aperiam voluptatibus.
Voluptatem similique quis ab consequatur voluptatem occaecati. Officiis suscipit tempora eos optio sint soluta. Cupiditate totam odio atque eius praesentium iusto animi odio. Molestiae exercitationem sit qui nobis qui minima iste. Quos necessitatibus ut soluta perferendis commodi et iusto.
Laudantium veritatis ut eum consequatur dignissimos reiciendis eligendi. Molestiae est ex commodi rerum culpa nihil assumenda.
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...