According to Barry S. Graubart of Nelson's Directory of Investment Research, by the end of 1989, some 2,545 analysts worked for about 200 US sell-side firms. On the buy side, research analysts number about 3,200. While daunting in its scope, the financial community has actually shrunk in the past 5 years. Five years ago, the typical analyst working for one of the US' 20 largest brokerage houses covered an average of 11 companies. That same analyst today watches an average of 13.5 companies. Electronic Business' top 10 analysts have managed, despite the competition for commissions, to cover their universes thoroughly and thoughtfully. They are: 1. Stephen J. Balog of Shearson Lehman Brothers, 2. Byron K. Callan of Prudential-Bache Securities, 3. Andrew J. Kessler of Morgan Stanley & Co., 4. James I. Magid of Needham & Co., 5. Roger B. McNamee of T. Rowe Price Associates, 6. Michele S. Preston of Cowen & Co., 7. Mark G. Schulman of UBS Securities, 8. Mark D. Stahlman of Alex. Brown & Sons, 9. Clarke L. Walser of The Chicago Corp., and 10. David Wu of S. G. Warburg & Co.
Full text: Electronic Business, Nov 12, 1990
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