Telsey Advisory Group

Telsey Advisory Group was founded in 2002 by Dana Telsey, a veteran retail analyst who previously worked at Goldman Sachs and Piper Jaffray, establishing the firm as an independent equity research and investment banking boutique focused on consumer-oriented businesses. The firm has built a solid reputation in the equity research space with approximately 3,046 analyst ratings calls on US equities, making them a consistent voice in the market across numerous coverage universes. Telsey is particularly renowned for their deep expertise in retail, consumer discretionary, specialty retail, and apparel sectors, where their analysts provide detailed channel checks and retail intelligence that command attention from institutional investors. What sets Telsey apart is their founder's personal credibility and long-standing relationships in the retail industry, combined with a research culture that emphasizes boots-on-the-ground store visits and direct management access, giving their calls a distinctive on-the-ground perspective that distinguishes them from larger, more analyst-heavy platforms.