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I have a few friends in non-NYC offices like LA, Chicago, Boston, SF, Houston, Charlotte, etc. at multiple banks from BB to MM and all of them consider themselves to be working on "wall street".

I thought ur only wall street if you work in nyc at a BB or elite boutique.

what are your thoughts?

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Comments (28)

  • bulge4lyf's picture

    I would say no, if you tell someone you work on Wall Street they assume you work in NYC at a major bank.

    If you tell them you work on Wall Street, and then have to explain how you actually work in LA but can technically say you work on WS it would just seem stupid.

    I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

  • Aero's picture

    What if you work in NY, but not on actual Wall Street? Same concept?

  • eyelikecheese's picture

    Just say "I work for a wall street firm"
    Done

  • lindamas's picture

    aero: most of the banks are in midtown like park avenue and even the best, goldman, is on 200 west so technically not wall street. i think being in manhattan is enough.

    eyelikecheese: thanks, that sounds like a good solution

  • Edmundo Braverman's picture

    Wall Street is a generic, catch-all term. None of the firms are actually on "Wall Street" anymore anyway. Especially if you're speaking to someone from outside finance, saying you work on Wall Street is easy shorthand for describing what you do.

    Only an industry tool takes it literally.

    Yes, it's perfectly acceptable to say you work on Wall Street even if you're in Houston or San Fran.

  • ShawnDU2009's picture

    Wall Street is an extremely vague term my man. If you're working a front office role for an IB (BB/MM/Boutique) or at some buyside firm (HF/AM, PE, VC, etc.) as an investment professional, then you're considered to be working on the Street. Location really doesn't matter. If you're a banker or research analyst specializing in tech firms, don't you think it'd be an advantage to work in SF than NYC? Same goes with PE/VC firms - it makes more sense to be in place like SF or Boston where the majority of the investment opportunities are. People may have different views but I think the term is extremely broad. Now if you're working for GS in operations or some other BO role, then clearly you're excluded from working on "Wall Street."

  • In reply to Edmundo Braverman
    cphbravo96's picture

    Edmundo Braverman:
    Wall Street is a generic, catch-all term. None of the firms are actually on "Wall Street" anymore anyway. Especially if you're speaking to someone from outside finance, saying you work on Wall Street is easy shorthand for describing what you do.

    Only an industry tool takes it literally.

    Yes, it's perfectly acceptable to say you work on Wall Street even if you're in Houston or San Fran.

    Agreed. I work on the Street and I live in the Dirty Dirty Sou'f.

    Regards

    "The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."
    - Ronald Reagan

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  • Kanon's picture

    Who cares? If you want to get picky, wall street is specifically referencing those working in high finance in NY. But like Edmundo said, 'wall street' is a catch-all term, and also mainstreeters use it as a description for bankers, hedge funders, PE guys in general.

    Unless you're working at Edward Jones or back office and you say you work in 'wall street', I think people nitpicking on such titles for people describing themselves (when they are in high finance) are being douchey.

    I personally don't even like the whole 'I work in wall street' thrown around in general. Just say 'I'm in banking/finance/PE/etc.'

  • Barboone's picture

    Edmundo takes the cake.

    "The higher up the mountain, the more treacherous the path"
    -Frank Underwood

  • Situation's picture

    I would say that working on "Wall Street" means that you are anywhere in Manhattan. If you are in another state, it will false, and you are trying too hard to sound prestigious.

    Like stated before, say you work for a Wall Street firm, but you do not work on "Wall Street."

  • In reply to Situation
    Edmundo Braverman's picture

    IBslave22:
    I would say that working on "Wall Street" means that you are anywhere in Manhattan. If you are in another state, it will false, and you are trying too hard to sound prestigious."

    LMAO.

    Says the "prospective" monkey. Let us know when you get a job on any street, junior.

  • rjroberts1's picture

    Personally I'd feel a little douchey telling people I work on Wall St. since I live in New Orleans. That just screams pretentious. Whats wrong with just saying you're in finance?

  • In reply to Edmundo Braverman
    lindamas's picture

    Edmundo Braverman:
    IBslave22:
    I would say that working on "Wall Street" means that you are anywhere in Manhattan. If you are in another state, it will false, and you are trying too hard to sound prestigious."

    LMAO.

    Says the "prospective" monkey. Let us know when you get a job on any street, junior.

    You'll have to excuse him and his bad grammar "it will false"???!?!

    He is working at jefferies.

  • In reply to Edmundo Braverman
    cphbravo96's picture

    Edmundo Braverman:
    IBslave22:
    I would say that working on "Wall Street" means that you are anywhere in Manhattan. If you are in another state, it will false, and you are trying too hard to sound prestigious."

    LMAO.

    Says the "prospective" monkey. Let us know when you get a job on any street, junior.

    Haha, +1 SB.

    Regards

    "The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."
    - Ronald Reagan

  • JohnnyCage's picture

    the offices that are actually ON wall street are BO gigs..

    so yes you could say that you work on wall street, but you'd also be saying you work in operations and went to state school

  • In reply to JohnnyCage
    LIBOR's picture

    JohnnyCage:
    the offices that are actually ON wall street are BO gigs..

    so yes you could say that you work on wall street, but you'd also be saying you work in operations and went to state school

    DB has trading floors on wall street

  • Imperial Financier's picture

    +1 to Eddie

    Plus, assuming that one takes this even somewhat literally, are you really going to say that someone who works at a hedge fund in Greenwich, which is obviously in another state, does not work on Wall Street?

  • lindamas's picture

    greenwich is in manhattan. like the village or the street.

  • eyelikecheese's picture

    The Greenwich he is referring to in Connecticut, a major hedge fund presence.

  • MeNeverSleeps's picture

    Only a douche these days would say they work on "Wall Street" whether you worked on the fucking street or not. This is a general term to be used by others, including our mom's who have no idea what we do, to describe the general broad categorization of professional banking, trading, asset management and the like. The fact that a movie was names Wall Street shows that it is really a generalized term. Gordon Gekko's office was not on "Wall St." and no one cares where it was, for that matter.

  • nycIBD's picture

    you gotta be at a BB nyc to say you work on wall street IMO

  • Eric Stratton's picture

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