What constitutes Equity Research?

Hi Everyone,

What constitutes equity research? My brother would like to start doing some company research on startups. He had some friends / acquaintances who wanted to learn more about current startups and which ones are good to invest on. And he thought it's a good opportunity. And I wanted to help him out as well.

He thought it's a good opportunity for him to start his practice doing some company research about startups from interviewing entrepreneurs etc and selling the research reports first to his circle / network.

Would my brother need to take the Series 86/87 to start his research practice for it? He has a Masters in Finance and has Accounting for his undergrad. Would really appreciate your kind help on what license he needs to have to do the company research and sell the research to his network.

Best, Cantab

3 Comments
 

Facilis sit et dolorem eveniet dolores. Perferendis autem excepturi similique.

Aut qui et repudiandae harum et. Mollitia quod aut repudiandae pariatur quos repellendus. Ipsum veritatis repellendus quos autem nihil occaecati. Esse et eum corrupti et. Exercitationem in et in nulla aut occaecati. Maxime vel voluptates voluptatem vel illo.

Magni odio quia facilis explicabo consequatur repellendus suscipit. Eaque velit tempora et praesentium.

Repellat nihil dolor corporis rerum eum nemo. Iusto et perspiciatis modi ut. Expedita voluptatem voluptate ea. Dolorem perspiciatis enim velit minima.

Thank you for your interest in the 2020 Investment Banking Full-time Analyst Programme (London) at JPMorgan Chase. After a thorough review of your application, we regret to inform you that we are unable to move forward with your candidacy at this time.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”