List of Sell-side Equity Research Firms
Below is a list of firms globally that produce equity research reports to help you identify firms that you want to work at. Some firms might have been bought, use your judgment. Updated as of 10/23/2024
Large Investment Banks
Bank of America Securities
Barclays
Citi
Deutsche Bank
Evercore ISI
Goldman Sachs
J.P. Morgan
Jefferies & Co.
Morgan Stanley
RBC Capital Markets
UBS
Wells Fargo Securities, LLC
US Boutique Research (industry specialty in parenthesis)
13D Research
Alembic Global Advisors (Chemicals)
Autonomous Research (Financials) - acquired by Bernstein
Bernstein - JV with Soc Gen
Bloomberg Intelligence
Cleveland Research
Cornerstone Macro
Fermium Research (Chemicals)
Fox Advisors
Gordon Haskett
Green Street Advisors (REITs)
Huber Research (TMT)
Kalinoswki Equity Research (Restaurant)
Langenberg & Company
LightShed Partners (TMT)
Melius Research (Industrials)
MKM Partners - bought by Roth Capital
MoffettNathanson (TMT)
Monness, Crespi, Hardt
Nephron Research (Health Care)
New Street Research (TMT)
Renaissance Macro Research
Sitodi (small cap)
Strategas Research Partners
Summit Insights Group (Technology)
Telsey Advisory (Retail)
Vertical Research Partners (Basic Materials / Industrials)
Webber Research & Advisory (Shipping)
Wolfe Research
Zelman & Associates (Homebuilding)
US Middle Market and Other
Alliance Global Partners
Argus
Ascendiant Capital
B. Riley
Baptista Research
Benchmark
Berenberg Capital Markets
BTIG - part owned by Goldman Sachs
Cannonball Research
Cantor Fitzgerald
Capital One Securities
Capitol Securities Management, Inc.
CJS Securities
C.L. King
Colliers Securities
Consumer Edge Research
Cowen & Co - owned by TD
Craig Hallum
D.A. Davidson
Dowling & Partners (Insurance)
Edgewater Research
Edward Jones
Elazar Advisors
FBN Securities
Financial Technology Partners (FT Partners)
First Analysis
Gabelli & Co.
Gilliam & Co.
GLJ Research
Global Equities Research
Griffin Securities
Guggenheim
H.C. Wainwright
Hovde Group
Janney Montgomery Scott
JJK Research Associates
JMP Securities - owned by Citizens
Johnson Rice
Kalinowski Equity Research
Keefe, Bruyette & Woods - owned by Stifel
KeyBanc
Ladenburg Thalmann
Lane Research
Langenberg & Company
Lake Street Capital Markets
Leerink Partners
LifeSci Capital
Longbow
Loop Capital
M Science
Maxim Group
Mizuho Securities
Morningstar, Inc.
Mosaic Research
Needham & Company, LLC
Noble Capital Markets
Nomura Securities
Northcoast Research
Oppenheimer & Company, Inc.
Piper Sandler
Pivotal Research
R5 Capital
Raymond James & Associates, Inc.
Robert W. Baird & Co.
Rosenblatt Securities
Roth Capital
Seaport Global
Shapiro Research
Siebert Williams Shank
Singular Research
SMBC Nikko Securities America
Stephens
Stifel Nicolaus
Susquehanna Financial Group
The Retail Tracker
Thompson Davis & Co.
Tigress Financial Partners
Truist Securities
Tudor, Pickering, Holt & Co.
Tuohy Brothers
U.S. Capital Advisors
Union Gaming
US Tiger Securities
Very Independent Research
Wedbush
WestPark Capital
William Blair & Company, LLC
The Zephirin Group
Canada
Accountability Research Corp.
ATB Capital Markets
BMO Capital Markets
Canaccord Genuity
CIBC World Markets
Desjardins Capital Markets
Echelon Wealth Partners
Eight Capital
Fidelity
Haywood Securities
Industrial Alliance
Laurentian Bank Securities
Manulife
National Bank Financial
RBC Capital Markets
Scotiabank
TD Securities
Europe
ABG Sundal Collier
ABN AMRO - ODDO BHF
Agency Partners
Alphavalue
Arctic Securities AS
Arete Research Services
Atlantic Equities
Banca Akros
Banca IMI
Bestinver Securities
BNP Paribas
Bryan Garnier
Carnegie Investment Bank
Clarksons Platou Securities AS
Commerzbank
Danske
Davy
DeGroof Petercam
Deutsche Bank
DNB Bank ASA
Drewry Maritime Financial Research
DZ Bank
Edison Group
Equita
Erik Penser Bank
Exane BNP Paribas
Fairesearch (Alphavalue)
Fearnley Securities AS
Handelsbanken
HSBC
Independent Minds
ING
InsingerGilissen
Intermonte
Invest Securities
Investec
KBC
Kempen
Kepler Cheuvreux
Liberum Capital
Mainfirst (Stifel Europe)
Mediobanca
Mirabaud
Norddeutsche Landesbank
Nordea
On Field Investment Research
Panmure Gordon
Pareto Securities AS
Patinex Management AG
Peel Hunt
Primavenue
Redburn
Santander
SEB Group
Societe Generale
Swedbank
LatAM
Bradesco
BTG Pactual
Credicorp
Itau
LarrainVial
Australia
Barrenjoey Capital Partners
Bell Porter
Euroz Hartleys
Evans & Partners
Fosters Stockbroking
Jarden
MA Financial Group (Moelis)
Macquarie
Morgans
Ord Minnett
PAC Partners
Parker Lane
Shaw and Partners
Wilsons
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