March 3, 2021, Chicago, IL - Water Tower Research LLC (www.watertowerresearch.com) is pleased to announce that veteran sell-side equity research analyst Budd Bugatch has joined the firm to lead its consumer hardline equity research vertical.

Commenting on the addition of Budd Bugatch to Water Tower Research's expanding issuer-sponsored equity research platform, CEO Stuart Linde stated, "With nearly four decades of equity research experience, including a significant following from institutional investors and consumer hardlines corporate executives alike, Budd is a natural fit on our exciting platform."

Also commenting on the hire of Budd Bugatch, Water Tower Research President & Co-Founder Shawn Severson stated, "I developed a major respect for Budd's professionalism and deep consumer hardlines industry knowledge when we were equity research colleagues for a decade at Raymond James. I feel fortunate to have him join our team."

Prior to joining Water Tower Research, Budd Bugatch enjoyed a 27+-year equity research career at Raymond James covering the consumer hardlines sector. He previously worked at Ferris, Baker Watts & Co. in a similar role for nearly a decade.

Earlier in his career, Budd Bugatch was President & CEO of B. Bugatch Stores Inc. for 12 years, a nine store retail furniture chain with approximately 250 employees.

Budd Bugatch graduated from Harvard University with an MBA where he was elected as a Baker Scholar. He also graduated with a BS in Economics (Accounting Major) from the University of Pennsylvania Wharton School where he graduated cum laude.

At Water Tower Research, our mission is to bridge the information gap between companies and investors while reaching a much broader and diverse group of investors in comparison to the traditional and challenged equity research model.

We provide "Research for the Other 99%?" on a platform powered by Wall Street veterans who are knowledgeable and experienced to help investors understand key strategies, industries, technologies, and drivers impacting the companies we cover as well as their peers. Water Tower Research uses a broad portfolio of tools to communicate with investors, including a traditional research platform, innovative and proactive products, and digital strategies, in order to provide valuable and consistent information flow.

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