Research Analyst

What is a 'Research Analyst'

A person who prepares investigative reports on equity securities. The research conducted by the research analyst is in an effort to inquire, examine, find or revise facts, principles and theories. The report that this analyst prepares could include an analysis of equity securities of companies or industries.


If the research analyst is involved with an investment bank or a securities firm controlled by a member organization of the Financial Industry Regulatory Authority (FINRA), he may be required to take certain exam(s).

BREAKING DOWN 'Research Analyst'

Research analysts might be required to take the Series 86/87 exam if they are involved with a member organization. The exam consists of two parts, fundamental analysis and valuation of equity, plus federal and industry rules and regulations. The analyst could also be a sole proprietor, partner, officer, director or branch manager of any FINRA member, or someone involved with a member firm of the National Futures Association who is required to be registered with the Commodity Futures Trading Commission.

RELATED TERMS
  1. Series 86/87

    An exam administered by the Financial Industry Regulatory Authority ...
  2. Research Report

    A document prepared by an analyst or strategist who is a part ...
  3. Series 11 License - Assistant Representative ...

    A securities license, administered by the Financial Industry ...
  4. Series 27

    A securities license entitling the holder to become a chief financial ...
  5. Series 62

    An exam administered by the Financial Industry Regulatory Authority ...
  6. Research Associate

    Someone that organizes and plans research, and specializes in ...
Related Articles
  1. Professionals

    Sell-Side Analysts Need Series 86/87 Exams

    Though these tests are not particularly difficult or comprehensive, passing them is mandatory to work as a sell-side analyst.
  2. Financial Advisor

    Career Advice: Financial Analyst Vs. Research Analyst

    Read an in-depth comparison between a career as a financial analyst and a career as a research analyst, including which one to choose.
  3. Financial Advisor

    How to Become a Financial Analyst

    A career as a financial analyst requires preparation and hard work, but the payoff can be especially rewarding. Here's what it takes.
  4. Personal Finance

    What You Need To Know About Financial Analysts

    Thinking about relying on analyst recommendations for your next trade? We'll show you what to watch out for.
  5. Managing Wealth

    Equity Research: Job Description & Average Salary

    Learn about the average salary of an equity research position and the skills, education and certifications hiring companies want to see from candidates.
  6. Markets

    FINRA: How It Protects Investors

    Find out the history of FINRA, and how it's organized to monitor the markets and protect investors.
  7. Markets

    Careers: Equity Research Vs. Investment Banking

    Equity research is sometimes viewed as the unglamorous, lower-paid cousin to investment banking. In this article, we compare the two careers.
  8. Managing Wealth

    Introduction To The Series 65 Exam

    The Series 65 is required in many states in order to be a fee-based advisor. Find out what it is and whether you need it.
  9. Investing

    Stock Analysts: Should You Listen?

    If you want to find out which analysts are worth following, you shouldn't take their word for it.
  10. Managing Wealth

    Investment Analyst: Career Path and Qualifications

    Learn how to prepare for a career as an investment analyst, and read more about how many professionals in the field progress during their careers.
RELATED FAQS
  1. What certification series does one need to be a bond broker?

    One major requirement before one can become a bond broker is to pass the General Securities Representative Exam, commonly ... Read Answer >>
  2. What are the differences between the Series 6 exam and the Series 7 exam?

    Learn about the regulatory exams needed to become a limited or registered representative and the main differences between ... Read Answer >>
  3. I have passed the Series 63 and FINRA Series 7, but would like to become licensed ...

    Becoming an investment adviser representative requires more examination than just taking the FINRA Series 63 exam. See what ... Read Answer >>
  4. What is the difference between credit rating and equity research?

    Find out how and why investors look at credit ratings and equity research to help inform their decisions for different types ... Read Answer >>
  5. I want to start my own brokerage company, how do I become a member of FINRA?

    Before you read on, note that the Financial Industry Regulatory Authority (FINRA), (previously the National Association of ... Read Answer >>
  6. For what reasons are electronics stocks commonly purchased by a value investor?

    Learn about the breakdown of subjects on the Series 6 while reviewing important aspects of the exam, including its content ... Read Answer >>
Hot Definitions
  1. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  2. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  3. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
  4. Underweight

    1. A situation where a portfolio does not hold a sufficient amount of a particular security when compared to the security's ...
  5. Russell 3000 Index

    A market capitalization weighted equity index maintained by the Russell Investment Group that seeks to be a benchmark of ...
  6. Enterprise Value (EV)

    A measure of a company's value, often used as an alternative to straightforward market capitalization. Enterprise value is ...
Trading Center