| Rank | Firm | Total First Place |
| 1 | Bank of America Merrill Lynch | 373 |
| 2 | Citi | 331 |
| 3 | Credit Suisse | 323 |
| 4 | J.P. Morgan | 287 |
| 5 | Morgan Stanley | 270 |
| 6 | Goldman, Sachs & Co. | 264 |
| 7 | UBS | 216 |
| 8 | Barclays | 184 |
| 9 | Sanford C. Bernstein & Co. | 152 |
| 10 | ISI Group | 71 |
| 11 | N/A - Prudential Equity Group | 60 |
| 12 | Deutsche Bank Securities | 56 |
| 13 | Cowen and Co. | 46 |
| 14 | N/A - Drexel Burnham & Co. | 44 |
| 15 | Wells Fargo Securities | 28 |
| 16 | Evercore ISI | 22 |
| 17 | Oppenheimer & Co. | 19 |
| 18 | Cornerstone Macro | 11 |
| 19 | Conning & Co. | 7 |
| 19 | Keefe, Bruyette & Woods | 7 |
| 19 | N/A - Auerbach, Pollak & Richardson | 7 |
| 22 | Empirical Research Partners | 6 |
| 22 | N/A - Coleman & Co. | 6 |
| 22 | Wolfe Research | 6 |
| 25 | Renaissance Macro Research | 5 |
| 25 | Zelman & Associates | 5 |
| 27 | Wolfe Trahan & Co. | 4 |
| 28 | Nomura Securities International | 3 |
| 29 | H.C. Wainwright & Co. Economics | 2 |
| 29 | N/A - Alliance One Institutional Services | 2 |
| 29 | RBC Capital Markets | 2 |
| 29 | Spencer Trask Ventures | 2 |
| 33 | ABN Amro | 1 |
| 33 | N/A - A.J.B. Zunser & Co. | 1 |
| 33 | N/A - Robertson, Stephens & Co. | 1 |
| 33 | N/A - Roth, Gerard & Co. | 1 |
| 33 | N/A - Shaw & Co. | 1 |
| 33 | N/A - SoundView Technologies Group | 1 |
| 33 | Robert W. Baird & Co. | 1 |
| 33 | Thomas Weisel Partners | 1 |