The research of brokerage firms sounds very high, with high salary and good office environment, all of which are dealing with corporate executives.

But in fact, in addition to the top industry analysts of big brokers, they are also industry researchers who have the right to speak in the industry. Can't enter a big brokerage firm, nor is it a person with the right to speak in the industry. Generally speaking, the reports produced by research are rubbish. It is an open secret that private placement research looks down on Public Offering of Fund research and Public Offering of Fund research looks down on brokerage research.

So it seems that so many people want to go, but they don't know what to complain about until they get in.