About CFRA

Independent.  Unique.  Actionable.

CFRA is the world’s largest provider of institutional-grade independent equity research.  Through sophisticated forensic analysis and broad fundamental equity and fund research, CFRA empowers sophisticated investment professionals, advisors and risk managers with actionable ideas and proven results.

Founded in 1994, CFRA utilizes battle-tested methodologies that consistently identify actionable situations from which clients can gain an investment edge and avoid risk.  CFRA’s global clients include the world’s leading institutional investors, wealth advisors, insurance companies, regulators, and professional service organizations.



CFRA's  Acquisition of S&P Global

Market Intelligence’s Equity and Fund Research

As of October 3, 2016, CFRA finalized its acquisition of S&P Global Market Intelligence’s Equity and Fund Research business, creating the industry’s largest institutional-grade independent equity research team.  Click here to learn more



Executive Profiles


Peter de Boer | CEO

Peter is the CEO at CFRA where he is responsible for the global strategic leadership of the firm.  Peter acquired CFRA in March 2013.  Previously he was Executive Managing Director at S&P Global.  Prior to this role, Peter was Executive Director at Morgan Stanley and Vice President at JPMorgan where he helped develop leading Financial Technology investment banking practices.  In addition, Peter was Vice President with LabMorgan, a JPMorgan venture capital division investing in financial information and technology companies.  Peter graduated from Union College with a BA in Economics and holds an MBA in Finance and Entrepreneurial Management from The Wharton School, University of Pennsylvania.
Theresa Torian | CFO & COO

Theresa is the CFO & COO at CFRA, leading the company’s global financial and operational affairs.  Theresa was most recently the Senior Director of Finance, Corporate Controller for SNL Financial (now part of S&P Global) where she worked for approximately ten years in helping the business to scale to $250 million in revenues and over 3,000 employees.  Prior to SNL Financial, she was Director of Business Management with LexisNexis and a Consulting Manager with Grant Thornton LLP.  Theresa graduated from the University of Virginia with a BA in Mathematics and holds an MBA from the Raymond A. Mason School of Business, William & Mary.
John Fitzgerald | Global Head of Sales

John is the Global Head of Sales at CFRA where he oversees the company’s business development, client relationship and marketing efforts.  Prior to joining CFRA, John headed Coleman Research’s global sales and marketing efforts.  John has over 25 years of experience in sales and general management experience across the financial services industry, including executive-level roles at Primary Insight, a subsidiary of Bear Stearns he founded and as President and co-founder of Katalyst, a venture capital and consulting company.  Earlier in his career, John was the President of the Consumer Markets Division of Standard & Poor’s, Managing Director of the Americas for MMS International, and Vice President of Sales for Kenny S&P, each a division of what is now S&P Global.  He started his career with Merrill Lynch.  John graduated from Middlebury College and holds an MBA in Finance from Fordham University.
Zach Gast, CFA | Global Head of Research

Zach is the Global Head of Research at CFRA, overseeing the company’s research, analytics and advisory services.  Zach was formerly the Head of the Financial Institutions Research for CFRA.  Prior to returning to CFRA, where he worked from 2005-2009, Zach was with Paulson & Co. and Paulson Europe where he covered financial institutions globally.  He has also worked in microfinance internationally and testified before the U.S. House and Senate on small business lending and development.  Zach graduated from Brown University with BAs in Political Science and Italian Studies and holds an MBA from the McDonough School of Business at Georgetown University.  He is also a CFA charterholder.
Rob Liander | CTO

Rob is the CTO at CFRA where he is responsible for the company’s global technology and product development efforts.  Rob was most recently the Chief Technology Officer for Relationship Science, a startup that provides a “six degrees” business development tool that helps users see connections between – and make connections with—influential people based on their profiles in the system's database. Prior to Relationship Science, he was a Senior Architect at Capital IQ, where he spent 10 years building data integrations, collection technology, and fundamentals databases used throughout the platform. Robert graduated from Rensselaer Polytechnic Institute with a BS and an MS from Columbia University.