Today's largest broker/dealer organizations do not provide adjusted, forensically audited research to Wealth Advisors and Financial Planners. They give advisors what everyone else on Wall Street gets; research that is put together based upon REPORTED financials from companies, not ADJUSTED financials that have gone through extensive screening and forensic accounting.
GAAP accounting guidelines allow companies to do all sorts of things to their books. Unfortunately, most, if not all research is produced based upon misleading figures. You know it. We know it. And Wall Street knows it.
