That’s why former ING Barings Americas CEO Michael Petrycki is getting ready to make a big bet on equity research. Petrycki resigned from ING a year ago after nearly 40 years on Wall Street; his new research boutique, Fulcrum Global Partners, will provide money managers with research and get paid in trading commissions. With no investment banking conflicts, Fulcrum analysts will be free to speak their minds about companies - but without hefty banking income, they will have to get by on slimmer pay packages. Petrycki insists that commission revenue will be enough to keep the firm afloat: “It’s a matter of finding the right analysts at the right price. Part of that is cultural. This is a place for people who have had enough of the investment banking game and want to spend all their time researching and picking stocks.”
