List of Equity Research Firms

Below is a list of firms globally that produce equity research reports to help you identity firms that you want to work at.

Large Investment Banks:

  • Bank of America Securities
  • Barclays
  • Citi
  • Credit Suisse Securities
  • Deutsche Bank
  • Evercore ISI
  • Goldman Sachs
  • J.P. Morgan
  • Jefferies & Co.
  • Morgan Stanley
  • RBC Capital Markets
  • UBS
  • Wells Fargo Securities, LLC
US Boutique Research (with no IB services), industry specialty in parenthesis:
  • Alembic Global Advisors (Chemicals)
  • Autonomous Research (Financials) - bought by Bernstein, announced 11/20/2018
  • Bernstein
  • 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, announced 8/17/2022
  • Moffett Nathanson (Cable, Media and Payment) - bought by SVB Leerink, announced 12/13/2021
  • Monness, Crespi, Hardt
  • Nephron Research (Health Care)
  • New Street Research (TMT)
  • Renaissance Macro Research
  • Sitodi
  • 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:

  • Argus
  • Ascendiant Capital
  • B. Riley
  • Baptista Research
  • Benchmark
  • Berenberg Capital Markets
  • Bloomberg Intelligence
  • BTIG
  • Cannonball Research
  • Cantor Fitzgerald
  • Capital One Securities
  • Capitol Securities Management, Inc.
  • CJS Securities
  • C.L. King
  • Colliers Securities
  • Consumer Edge Research
  • Cowen & Co
  • Craig Hallum
  • D.A. Davidson
  • Dowling & Partners (Insurance)
  • Edgewater Research
  • Edward Jones
  • Elazar Advisors
  • FBN Securities
  • Financial Technology Partners
  • First Analysis
  • Gabelli & Co.
  • Gilliam & Co.
  • GLJ Research
  • Global Equities Research
  • Griffin Securities
  • Guggenheim
  • H.C. Wainwright
  • Janney Montgomery Scott
  • JJK Research Associates
  • JMP Securities
  • Johnson Rice
  • Kalinowski Equity Research
  • Keefe, Bruyette & Woods (Stifel)
  • KeyBanc
  • Ladenburg Thalmann
  • Lane Research
  • Langenberg & Company
  • Lake Street Capital Markets
  • 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
  • SVB Leerink
  • 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
  • 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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