List of Top 10 Equity Research Firms

Top 10 Equity Research Firms

  1. JP Morgan Chases and Co
  2. Bank of America Merrill Lynch
  3. Credit Suisse
  4. Barclays capital
  5. Citigroup
  6. Goldman Sachs
  7. Morgan Stanley
  8. AllianceBernstein L.P.
  9. UBS
  10. Nomura Holding Inc

Let us discuss each of them in detail –

Top 10 Equity Research Firms

You are free to use this image on your website, templates etc, Please provide us with an attribution linkHow to Provide Attribution?Article Link to be Hyperlinked
For eg:
Source: List of Top 10 Equity Research Firms (wallstreetmojo.com)

#1- JP Morgan Chases and Co


The biggest one that is the giant JP Morgan was registered in the year 1895. By the year 1900, they became one of the most powerful banking houses in the world. This company today is the world’s 6th largest bank in its total assets. A huge variety of products and services are offer by the company globally. This American MNC rules the market with its historical expertise in the equity market.

NameHeadquarterRevenue of the Investment Bank
J P Morgan Chases and Co.New YorkUS$ 2.35 trillion of AuM in 2015
  • Bank Services

With a huge and a number of exclusive products to offer, the bank is the largest investment bank in the USA. They have a huge history of acquiring banks and other companies, which is defiantly a must-read.

  • Office culture

If you want to be excellent in stock acquisitions, this is the place to be. It is a workplace for people who want to learn something new or sharpen their skills. Business is all they know and talk about.

  • Strength/weakness

The very strong J P Morgan culture and knowhow is the strength of this company that allows it to last through its highs and lows with stability. However, they have been involved in a number of legal controversies.

#2 – Bank of America Merrill Lynch 


Bank of America Merrill Lynch believes in delivering world-class financial services to their clients as they strongly believe that their business rotates around their clients. They started their operations after the bank of America acquired Merrill Lynch in 2009. They offer various sets of products for all businesses combining the best local knowledge along with international expertise.

NameHeadquarterRevenue of the Investment Bank
Bank of America Merrill LynchNew YorkUS$ 2.3 trillion of AuM in 2015
  • Bank Services

This company has a variety of clients, including individual and government clients. They operate in two different locations; independently, however, they are interrelated units. With two different cultures and financial expertise, the companies have no looking back in their financial services business.

  • Office culture

The company is spread over 12 countries with the top 5 corporate banks in Asia pacific. Values their employees; however, their focus is their customer. It has the key is key operations in over 150 locations.

  • Strength/weakness   

Their greatest strength is their collaboration in the year 2009 with Merrill Lynch. They have together accounted for more than a total of the banking giant total revenue.

#3 – Credit Suisse


Credit Suisse is one of the best employers has a global reach of its operations in more than 50 countries. This company is founded in the year 1856 as it is a Switzerland based company. They believe in a very balanced approach of capturing opportunities of wealth management in the emerging market, and this makes them different from the others in the equity market.

NameHeadquarterRevenue of the Investment Bank
Credit SuisseZurichCHF 1,214 billion of AuM in 2015
  • Bank Services

This organization is divided into four parts that are investment banking, private banking, asset managementAsset ManagementAsset management is a method of managing funds and investing in both traditional and specialized products in order to generate returns consistent with the investor's risk tolerance. read more, and shared services group. With the number of acquisitions and restructuring itself in the year 2002, 2004, and 2006 it was a company least effected in the crises of 2008

  • Office culture

With a number of 48200 employees from 150 different countries with the operation is more than 50 countries, they have a broad footprint to balance themselves with the flow of revenue and grab opportunities worldwide.

  • Strength/weakness

Employees from various countries help in balancing the geographical flow of revenue.

#4 – Barclays Capital


A British MNC with its headquarters in London provides services such as risk management services, financial advisory, etc. to huge companies, institutions, government clients, etc. Barclays is, in fact, a dealer in the U.S. treasury securities and also for a number of European government bonds. They have an experience of 20 successful years in investment banking.

NameHeadquarterRevenue of the Investment Bank
Barclays capitalLondonUS$ 1.497 trillion of AuM in 2015
  • Bank Services

With over 325 years of banking experience, Barclays offers various products and services. They have a very strong presence in the U.S. and the U.K. market. They provide services to both corporate and individual retail clients worldwide.

  • Office culture

With more than 130000 employees, the bank successfully operates in more than 40 countries.

  • Strengths/weaknesses

Their strength is driven by strong values that help them deliver strong and sustainable results. They have measured values and results.

#5 – Citigroup


This, we guess, is very famous not just as an American MNC, even as a mergerMergerA merger is a voluntary fusion of two existing entities equal in size, operations, and customers deciding to amalgamate to form a new entity, expand its reach into new territories, lower operational costs, increase revenues, and earn greater control over market share.read more of banking giants that is Citicorp and the Travelers Group that combined in the year 1998. One of the largest companies in the USA by its assets; in fact, it was the largest company and bank till the 2008 crises. They are also one of the primary dealers in the U.S. treasury securities.

NameHeadquarterRevenue of the Investment Bank
CitigroupNew YorkUS$ 1.73 trillion of AuM in 2015
  • Bank Services

With a huge customer base globally, Citi operates in more than 25 countries successfully. They are versatile with their services right from individual banking to the corporate and security markets. They have expertise in all the fields.

  • Office culture

One of the best employers globally city has over 2,39,000 employees working with them happily. They focus on employees with versatile talent and, of course, the best employees in the industry.

  • Strengths/weaknesses

Their strength is in the slogan they learn from the past, and they are inspired by the future.

#6 – Goldman Sachs


Goldman Sachs is again an American MNC found in the year 1869 with its headquarters in New York City. This company was found by Marcus Goldman; they joined the NYSE in 1996, starting with a capital of 1.6 million those days. This company earns 16% of its revenues from its investment and lending accounts.

NameHeadquarterRevenue of the Investment Bank
Goldman SachsNew YorkUS$ 6206 Bn of AuM in 2015
  • Bank Services

They are into services like investment banking, institutional client services, investing and lending, and also investment management for various segment clients.

  • Office culture

They have a record of a good employer, and they strive hard to maintain the same. A very good positive atmosphere is provided by the management of the organization.

  • Strengths/weaknesses

Approximately 32000 employees working with this organization globally are considered as their assets and are paid good remuneration for their services.

#7 – Morgan Stanley


An American MNC, Morgan Stanley has its headquarters in New York City operates in more than 42 countries with more than 1300 offices globally and over 60000 employees. This company has a usual increase in its AUM by about 15% annually. They started their operations in the year 1935.

NameHeadquarterRevenue of the Investment Bank
Morgan StanleyNew YorkUS$ 1,454 Bn of AuM in 2014
  • Bank Services

Morgan Stanley Investment bank has been announced in the year 2008. And they have taken over a number of companies since then. Its business is divided into three units institutional securities group, wealth management, and investment management.

  • Office culture

They consider their employees their assets. One of the best companies globally for working mothers rates by the working mother’s magazine. And have more than 60000 employees globally.

  • Strength/weakness

Their employees are considered to be their strength. Their presence in the market for approximately 80 years is magnificent. Although they have gone through a number of legal controversies like customer miss guidance.

#8 – AllianceBernstein L.P.


AllianceBernstein L.P., A global asset management companyAsset Management Companyset Management Company is a company that takes the financial assets of a person, company or another asset management company (generally this will be high net worth individuals) and use the assets to invest in companies that use those as a operational investment, financial investment or any other investment in order to grow the investment.read more, is based in New York, USA, and is a subsidiary companySubsidiary CompanyA subsidiary company is controlled by another company, better known as a parent or holding company. The control is exerted through ownership of more than 50% of the voting stock of the subsidiary. Subsidiaries are either set up or acquired by the controlling company.read more of a famous French insurance company, AXA. Originated from its original founder Sanford C. Bernstein in the year 1967, whereas Alliance was found in 1971, the acquisition of Sanford C. Bernstein in 2000 gave this company the captioned name.

NameHeadquarterRevenue of the Investment Bank
AllianceBernstein L.P.New YorkUS$ 787 billion at the end of the year 2015
  • Bank Services

AllianceBernstein L.P. focuses on high net worth individuals; they also provide independent research portfolio strategy and also brokerage services corporate clients. They have a vast range of products for institutional clients. However, AXA holds about 62.7% of the economic interest of the company.

  • Office culture

They have their offices in 46 locations in about 22 countries their employees focus on and strive to work hard on a proud tradition of integrity to develop trust and financial success for their clients.

  • Strengths/weakness

It plans its investment management with tradition and integrity. This organization has a great history of equity management.

The organization does not focus on retail clients at all.

#9 – UBS


Incorporated in Zurich, UBS is a Swiss global financial company. They provide services such as wealth management, asset management, and investment banking to the individual, corporate and institutional clients globally. The origin of this company has been traced in 1856, which makes it a very old company. The Government of Singapore Investment Corporation, which is about 9.7 billion, makes it the bank’s largest shareholder.

NameHeadquarterRevenue of the Investment Bank
UBSZurichCHF 650 billion at the end of the year 2015
  • Bank Services

USB investment bank provides security covers, other financial products, derivatives, precious metals, credits, foreign exchange, etc. to a number of institutional and non-institutional clients. It is one of the top fee-generating investment banks globally.

  • Office culture

UBS is spread worldwide, with about 5,250 employees in more than 35 countries. Its principal offices are in Zurich, New York, London, Hong Kong, Sidney, Singapore, and Tokyo.

  • Strengths/weakness

UBS is one of the oldest investment banks with a number of employees spread worldwide. Most of their employees are hired after graduation with a 70% permanent employment option.

#10 – Nomura Holding Inc.


This company is a part of the Nomura Group, which is a Japanese financial (Parent Company) Holding Company(Parent Company) Holding CompanyA holding company is a company that owns the majority voting shares of another company (subsidiary company). This company also generally controls the management of that company, as well as directs the subsidiary's directions and policies.read more. Nomura acquired most of Lehman Brothers Asian operations along with equities and the investment banking units of European nations this makes Nomura Holdings one of the world’s largest independent investment banks with approximately £138 billion assets under management. Nomura operates in about 18 stock exchangesStock ExchangesStock exchange refers to a market that facilitates the buying and selling of listed securities such as public company stocks, exchange-traded funds, debt instruments, options, etc., as per the standard regulations and guidelines—for instance, NYSE and NASDAQ.read more.

NameHeadquarterRevenue of the Investment Bank
Nomura Holding IncLondon¥ 193.8 billion in the year 2014-15
  • Bank Services

Nomura successfully provides services such as cross-divisional and cross-regional relationship which have been successful in raising global funds, M&A advisory, related acquirement investment, and a thick choice of other financial services, plus solutions related to foreign exchange and interest rate.

  • Office culture/career

Nomura considers its employees as its greatest assets. It is located in America, Asia-Pacific, India, Japan, in two languages that are English and Japanese, and in Europe.

  • Strengths/weakness

Nomura has more than 20 core member companies in the world of finance. It has an old structure as it originated in the year 1925.

This company still has to cover the world, including the Australian and the Canadian market.

This article has been a Guide to Equity Research Firms. Here we discuss the list of top 10 Equity Research Firms along with their bank services, office culture, strengths & weakness. You may also have a look at the following articles –

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *