Asset Management, Investment and Money Center Banks

March 28, 2016

Buy ($175)

Companies covered: JPMorgan Chase & Co. (NYSE:JPM), Bank of America Corporation (NYSE:BAC), Goldman Sachs Group, Inc. (The) (NYSE:GS), Morgan Stanley (NYSE:MS), Citigroup Inc. (NYSE:C), Wells Fargo & Company (NYSE:WFC), U.S. Global Investors, Inc. (NASDAQ:GROW), SEI Investments Company (NASDAQ:SEIC), Capital Southwest Corporation (NASDAQ:CSWC), KeyCorp (NYSE:KEY), Interactive Brokers Group, Inc. (NASDAQ:IBKR), TD Ameritrade Holding Corporation (NYSE:AMTD), E*TRADE Financial Corporation (NASDAQ:ETFC), The Charles Schwab Corporation (NYSE:SCHW), CBOE Holdings, Inc. (NASDAQ:CBOE), CME Group Inc. (NASDAQ:CME), Intercontinental Exchange Inc. (NYSE:ICE), Nasdaq Inc (NASDAQ:NDAQ), BlackRock, Inc. (NYSE:BLK), Realogy Holdings Corp. (NYSE:RLGY), Rand Capital Corporation (NASDAQ:RAND), OFG Bancorp (NYSE:OFG), T. Rowe Price Group, Inc. (NASDAQ:TROW), Franklin Resources, Inc. (NYSE:BEN), Apollo Global Management, LLC (NYSE:APO), KKR & Co. L.P. (NYSE:KKR), Blackstone Inc. (NYSE:BX), State Street Corporation (NYSE:STT), Northern Trust Corporation (NASDAQ:NTRS), Bank Of New York Mellon Corporation (The) (NYSE:BK), WisdomTree Investments, Inc. (NASDAQ:WETF), Legg Mason, Inc. (NYSE:LM), Nomura Holdings Inc ADR (NYSE:NMR), Mizuho Financial Group, Inc. (NYSE:MFG), Affiliated Managers Group, Inc. (NYSE:AMG), Invesco Ltd. (NYSE:IVZ), Morningstar, Inc. (NASDAQ:MORN), Waddell & Reed Financial, Inc. (NYSE:WDR), Allianceberstein Holding L.P. (NYSE:AB), Janus Capital Group, Inc (NYSE:JNS), Canadian Western Bank (TSE:CWB)