Executive Summary

This report provides detailed information from U.S.-based small and mid-cap equity investors including helpful benchmark data such as:

  • Total spend for execution and research/advisory services
  • Average spend and commission mix
  • Stance on MiFID II compliance
  • Number of brokers used

Methodology

This report provides detailed information on equity products according to U.S.-based small and mid-cap equity investors. Research is based on in-person and telephone interviews with U.S. small and mid-cap equity investors in the 2021 Study. The data in this report is based upon aggregated results from individuals participating in the study.