In the spirit of full disclosure from 1995 to 2004 I was an equity analyst, research manager and director of equity research at two different “boutique” brokers. My experience there, particularly with the last one at Adams Harkness in Boston (which was acquired by Canaccord Genuity), greatly informs my analysis with this type of business.
First of all from an industry point of view Sidoti is well known and often summarized as “a place that still covers tons of microcap stocks with research that is a mile wide and an inch deep.” There is basically one senior analyst, Peter Sidoti . . .