An investment management firm is preparing to hire an independent analyst to recommend security selections for the firm’s portfolio. Q: Which of the following best describes the firm’s situation? A: The investment management firm wants to hire a sell-side analyst. Sell-side analysts often work for an investment bank that uses the research to promote stocks the bank is selling. Buy-side analyst often work for a portfolio manager who has a large position in a particular security. Is this correct? Confusing about the difference between the two?
yes, its correct. sell side are independent from asset managers…buy side analysts are not.
An investment management firm is preparing to hire an independent analyst to recommend security selections for the firm’s portfolio. Is this Buy Side or Sell side?
Sell Side. If the Firm hired an internal analyst to recommend securities it would be Buy Side.