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.

Region: 
United States - Midwest

Comments (23)

Mar 14, 2011

Cleveland shops are schwag

Mar 14, 2011

Ned Davis Research

Mar 15, 2011

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.

Mar 15, 2011

why does cleveland have such a good presence? seems odd to me!
any other places?

are their any independent equity research shops in boston?

Mar 16, 2011

x.

Mar 16, 2011
Bruce Buffman:

why does cleveland have such a good presence? seems odd to me!
any other places?

are their any independent equity research shops in boston?

They are all spinoffs of Midwest Research, which was bought out by FTN.

Mar 15, 2011

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.

Mar 15, 2011

off wall street (that is literally the name)

Mar 20, 2011

What are the good ones in Europe??

Mar 24, 2011

just want to try to bring this back to life.
all of the help is appreciated.

Mar 28, 2011

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.

Mar 28, 2011

any good one's in toronto?

Jun 17, 2011

How is Morningstar's reputation? The seemed to have a lot of analysts on the WSJ rankings this year.

Feb 14, 2012

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.

Feb 14, 2012

Is it possible to break in to independent research places after UG?

"When I was young I thought that money was the most important thing in life; now that I am old I know that it is."
- Oscar Wilde
"Seriously, psychology is for those with two x chromosomes."
- RagnarDanneskjold

Feb 17, 2012
UncleMilty:

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.

Feb 14, 2012

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.

Feb 17, 2012

Veritas in Toronto

Wood Mackenzie for O&G

Mar 31, 2018

What about independent research firms in NYC like Wolfe?

Mar 31, 2018

Trying to bring this thread alive again.

Apr 3, 2018

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?

Apr 3, 2018
Comment
Jul 9, 2018