Short answer
- Several well‑known Sri Lanka brokers are frequently cited for research and advisory quality: Asia Securities, First Capital (First Capital Equities/First Capital Holdings), Capital TRUST Securities, John Keells Stock Brokers and Bartleet Religare. These firms publish regular analyst reports, run investor events/corporate access and are active members on the Colombo Stock Exchange. (BrandRadar.org)
How I chose those names (what “best advice” usually means)
- Regular published equity/macro research and analyst coverage. (BrandRadar.org)
- Market share / visibility on the Colombo Stock Exchange and participation in investor relations events. (Deposit.lk)
- Longevity, institutional backing and client reach (large full‑service houses often offer research + wealth/advisory). (es.scribd.com)
Other reputable brokers you’ll see often
- John Keells Stock Brokers, LOLC Securities, HNB Stockbrokers, JB Securities, Acuity Stockbrokers and Capital Alliance — these are commonly listed among licensed trading members and retail/institutional brokers on the CSE. (es.scribd.com)
How to pick the best broker/advisor for you (practical checklist)
- Confirm licensing and membership (must be a CSE member / licensed by the SEC of Sri Lanka). Use the CSE/broker list or SEC pages. (Deposit.lk)
- Look for published research (equity reports, sector notes, macro commentaries) and see how current/regular those reports are. Brokers who publish regular research are better positioned to give market commentary. (BrandRadar.org)
- Compare advisory services and fees — advisory/portfolio management vs. execution-only accounts have different cost structures. (Ask for fee schedules and sample reports.)
- Check client access: does the broker offer analyst calls, company meetings, roadshows or one‑on‑one advisory? That’s often where real value appears. (BrandRadar.org)
- Read client reviews and ask for references (especially for discretionary portfolio managers).
- If you’re a foreign investor, confirm custodian/IIA arrangements and settlement capability (some firms specialise in cross‑border flows). (Deposit.lk)
If you want, I can:
- Pull up the latest published research samples and analyst coverage for 3–5 of the brokers above (so you can compare quality).
- Or give a short comparison (fees, research frequency, institutional vs retail focus) for a shortlist you name.
If you’d like me to fetch recent analyst reports now I’ll pull them and summarize — say which 3–5 brokers to compare.