Good news for independent analysts?

Amey Stone

Wondering why brokerage-house analysts usually have so much more stock-moving muscle than independent analysts? One big reason is that brokerage firm trading services are often bundled with research. Large institutional investors want to be tops on the list of best clients at places like Goldman and Lehman to ensure that they get the best service on trades. That means they get a lot of brokerage house research thrown in with the deal.

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