Appropriate level of watch brands for every rank at IB?
I am in my third year in IB(M&A, if you need more info) at BB, considering purchasing Calatrava. (with the money I made from my personal invesments) Thinking about having one, I have just noticed that my bosses (VPs, MDs) wear Rolex, JLC, IWC, etc. Then would it be of any problem for me if I wear PP?
Based on the most helpful WSO content, here's a breakdown of appropriate watch brands for different ranks in investment banking, along with insights into your situation:
Watch Brands by Rank:
Analyst/Associate:
Vice President (VP):
Director/Managing Director (MD):
Your Situation:
As a third-year in IB at a BB, wearing a Patek Philippe Calatrava might raise some eyebrows, especially if your bosses (VPs and MDs) are wearing brands like Rolex, JLC, or IWC. While there's no strict rule against it, the perception could be that you're "punching above your weight" or trying to outshine your seniors. In IB, subtlety and hierarchy matter, so it's often better to align your watch choice with your rank.
If you're set on a Patek Philippe, consider starting with a more understated model like the Calatrava 5119G (~$22,500). It's elegant and refined without being overly flashy. However, if you're concerned about optics, you might want to wait until you're at least a VP or Director before stepping into the Patek Philippe league.
Sources: The Banker's Guide to Watches, The Banker's Guide to Watches
For the most part - it's only a problem if you make it one, and start incessantly talking about it or showing it off. Worst case - someone thinks you are an ass for spending that much on a watch. Best case - you find someone who equally shares your love of watches, and the rest is history. 90% of the time, if not more, no one will notice or care.
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