iCrowdNewswire Dec 16, 2020 9:00 AM ET
December 16, 2020
Chicago, IL – Premier U.S. issuer-sponsored equity research firm Water Tower Research LLC (www.watertowerresearch.com) announced today that Wall Street executive Stuart Linde will join the firm and its parent company alphaDIRECT Group LLC, on January 19, 2021, in the position of CEO. Linde will also become a member of the parent company’s Board. In his new role at Water Tower Research, Linde will provide strategic oversight of the company’s rapidly expanding issuer-sponsored equity research platform as well as pursuing additional strategic businesses and partnerships that complement Water Tower Research’s core business.
Commenting on Stuart Linde’s hire, current CEO, Vice Chair, and Co-Founder Tim Gerdeman stated, “I am excited to hire such a seasoned and highly respected Wall Street veteran to direct the next chapters of Water Tower Research’s evolution. Stu will have an outsized impact in building out Water Tower Research’s issuer-sponsored equity research platform and overseeing our parent company’s expansion into such related service offerings as Investor Relations & Corporate Communications. These services are desperately needed not only by small- and mid-cap companies, but also by larger-cap companies in out-of-favor sectors and companies who have recently gone public through SPAC mergers. All of these companies face major challenges in getting their respective investment messages properly conveyed to institutional and retail investors alike.”
Also commenting on today’s announcement, Stuart Linde stated “The secular changes on the sell-side and buy-side have resulted in the formation of different business models and a significant opportunity. Water Tower Research has tremendous momentum, and I look forward to helping the organization accelerate its growth, expand its footprint, be a partner to the Street and C-Suites, and become an employer of choice.”
Stuart Linde’s 30-year Wall Street career accomplishments include being Head of Global Equity Research at Barclays / Head of U.S. Equity Research at Lehman Brothers where he oversaw a Top 3 U.S. franchise for over 10 years and the buildout of the global platform at Barclays (Europe, Japan, Non-Japan Asia, Canada, and Latin America). Linde has also served as the Head of U.S. Equity Research at Scotiabank and Head of Equity Research at Sterne Agee CRT. Earlier in his career, Linde was an accomplished equity research analyst covering the Casino, Entertainment, and Cable industries at Lehman Brothers and Gerard Klauer Mattison (BMO Capital Markets). Linde has a tremendous track record for building ROE accretive businesses, training and developing top equity research analysts, and fostering a positive partnership culture. Stuart Linde holds an MBA from Rutgers University Graduate School of Management and a BA in Economics from New York University.
About Water Tower Research
Water Tower Research’s mission is to bridge the information gap between companies and investors while reaching a much broader and diverse group of investors compared to traditional and challenged sell-side equity research business models. Water Tower Research provides “Research for the Other 99%®” on a digital platform powered by Wall Street veterans who are knowledgeable and experienced in helping investors understand key strategies, industries, technologies, and drivers impacting companies.
Water Tower Research uses a broad portfolio of tools to communicate with investors, including a traditional research platform, in addition to innovative and proactive products and digital strategies, providing valuable and consistent information flow. Please see the disclosures HERE.
Keywords: Water Tower Research LLC, equity research firm, alphaDIRECT Group LLC, CEO, Co-Founder, Tim Gerdeman