Cardinal Research LLC
Cardinal Research LLC is an equity research, institutional investment and corporate consulting
company specializing in several key industries and focusing primarily on medium, small and micro
capitalization companies.
Essentially, Cardinal Research includes any research originally emanating from its affiliate The Cardinal
Group, LLC including research on its corporate investor relations clients. Additionally, Cardinal
Research provides industry research and consulting, primarily for corporate entities in the
telecommunications industry. Please see the corporate consulting section of our website.
Cardinal’s primary research initiative includes focused research for institutional clients and an
institutional marketing relationship with a brokerage and trading firm. Specifically, Cardinal Research
focuses on the telecommunications and capital goods industries. Research includes periodic update
reports on companies in each industry as well as brief descriptive reports and timely
recommendations.
BIOGRAPHIES:
Theodore J. Moreau, CFA - Principal
Ted Moreau, CFA is Principal of The Cardinal Group LLC and Cardinal Research LLC. Prior to heading up
The Cardinal Group LLC in early 2005 and Cardinal Research in early 2007, Ted worked as a Financial
Analyst for 34 years, including 23 years at Robert W. Baird & Co. Inc. Ted’s previous experience also
includes Senior Utility Analyst with First National Bank of Chicago, and Analyst at George E. Phelps
Company and Blunt Ellis & Loewi. Ted has been honored three times as one of the country's top
Communications Analysts in The Wall Street Journal's annual "Best on the Street" survey and also
distinguished himself as an Institutional Investor "Home Run Hitter". He received his BBA and MBA from
the University of Wisconsin-Madison.
Ted J. Moreau, Jr., Principal
Ted Moreau is an associate and analyst for The Cardinal Group, LLC and Cardinal Research LLC and
maintains over seven years experience in the telecom and investment industries. After graduating in
Finance from the University of Wisconsin-Madison, Ted started his career as a Telecom Equipment
Market Analyst at Emerson.
© Copyright 2007 Cardinal Research LLC 758 N. Broadway - Suite 1224 - Milwaukee, WI 53202
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Cardinal: of foremost importance, valuable, paramount, esteemed, salient, distinctive,
fundamental, material, primary, notable, imperative, outstanding, critical, capital, chief and
foremost. We believe these definitions best describe the character of our firm.