Industries
Brokerage & Wealth Management
All research in Brokerage & Wealth Management — 4 reports.
43/100
Raymond James: A Long-Term Study of a Diversified Financial-Services Platform
A diversified financial platform spanning wealth management, investment banking, asset management, and banking, with PCG making up 68% of net revenue. At $145 the stock trades at roughly 13.7x TTM P/E, placing it in a fair-to-neutral range rather than clearly undervalued. Ideal buy range: $105–125.
46/100
Robinhood Markets Deep Value Research
A retail brokerage plus crypto trading platform with 27.60 million funded customers and $345.4 billion of platform assets. At the current $74.78, the stock has already reached the optimistic upper range of $70 to $85, versus an ideal buy range of $35 to $45. Research rating Watch: a better business, but the current price leaves little margin of safety.
52/100
Interactive Brokers: A Long-Term Owner's View
A global low-cost, cross-border, multi-asset automated brokerage platform; 2025 net revenue of 6.205 billion dollars at a 76.9% pre-tax margin. At roughly 75 dollars per share the stock sits at the upper end of fair value, with no meaningful margin of safety. Rating Watch: an excellent business trading at a full price rather than a clearly undervalued opportunity.
44/100
Charles Schwab: A Long-Term Owner's Perspective
A platform with $12 trillion in client assets and genuine cost advantages. At $86, however, the stock trades at only a slight discount to a relatively neutral intrinsic value, while net interest margin is sensitive to interest rates and client-cash migration. Margin of safety is thin; rating: Watch.