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Lazard has the Highest Return on Equity in the Investment Banking & Brokerage Industry (LAZ, COWN, LPLA, AMTD, GHL)

By Shiri Gupta

Below are the three companies in the Investment Banking & Brokerage industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Lazard ranks highest with a ROE of 115.9%. Following is Cowen Group with a ROE of 25.9%. LPL Investment Holdings ranks third highest with a ROE of 19.0%.

TD Ameritrade Holding follows with a ROE of 16.8%, and Greenhill rounds out the top five with a ROE of 12.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Greenhill on March 16th, 2016 by issuing a Downtrend alert when the shares were trading at $20.91. Since that call, shares of Greenhill have fallen 6.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity lazard cowen group lpl investment holdings td ameritrade holding greenhill