Decent working shoes, trader - London

Hey all, I'm starting out trading fixed income at one of the fein-est (ahem) bulge brackets in London this summer, but much to my horror I've discovered that wearing the square toed (black leather) shoes I've been relying on so far is tantamount to habitually punching babies in the face, when you're working in the banking community. So, I need some new shoes.

My favourite suits are dark navy, so I'm looking for black leather here I guess, and from what I've read here generally oxford/cap-toe/wingtip are a sensible idea, though I'll consider anything stylish which isn't over the top for an analyst. Does anyone know where I might look in the UK (online ideally, maybe internationally if the delivery charges aren't too heinous) to get some nice black leather shoes which are suitable for an entry level trader? Obviously, I'm looking for the sensible price ranges for an analyst, I don't want to be spending £700 on shoes just yet. I'd probably be willing to go up to about £200 if necessary, though I'd prefer to keep it lower than that if I can still get something nice for less (but I don't want super cheap shitty shoes).

Thanks!

 
turtles:
bruno magli, tod's, and when you're feeling rich, john lobb

and in before everyone else... i know, i know, allen edmonds park ave. god, we're such a bunch of tools

how to do make sure that it fits perfectly? last time i bought allen edmonds (fifth avenue), it bruised the skin on top my big toe. were the shoe too small?

"I am the hero of the story. I don't need to be saved."
 

Interesting, many thanks to all for your responses. Are Cole Haan generally available in the UK? I can't seem to find anywhere but Amazon that sells them, and Amazon has a fairly lacklustre selection. Likewise Allen Edmonds. Obviously Church are easier to get hold of but it seems like most of the nicer designs will set you back the equivalent of $400 easily. (Or maybe that's just what you have to pay for decent shoes and I'll have to learn to live with it.)

Do you genuinely think that this is an appropriate and sensible amount of money to be spending on a pair of shoes as a first year analyst? I'm currently in the student mindset, so it's hard to tell what's actually money well spent and what's going to be wasted until I'm a little more senior. Thanks for the helpful advice so far.

 
Best Response
mathmos6:
Interesting, many thanks to all for your responses. Are Cole Haan generally available in the UK? I can't seem to find anywhere but Amazon that sells them, and Amazon has a fairly lacklustre selection. Likewise Allen Edmonds. Obviously Church are easier to get hold of but it seems like most of the nicer designs will set you back the equivalent of $400 easily. (Or maybe that's just what you have to pay for decent shoes and I'll have to learn to live with it.)

Do you genuinely think that this is an appropriate and sensible amount of money to be spending on a pair of shoes as a first year analyst? I'm currently in the student mindset, so it's hard to tell what's actually money well spent and what's going to be wasted until I'm a little more senior. Thanks for the helpful advice so far.

Just observe what junior people wear at the bank. You don't need to break the bank to "impress" people. As long as you are wearing something decent and look professional, you will be fine. I think it has more to do with grooming and making yourself looking presentable, rather than about expensive brands. Buy shoes that are comfortable and within your budget. One of my buddies is an Associate at Perella Weinberg and he still shops at Macy's.

Banking is a highly unstable job. Try to at least put away your bonus and don't blow off the money. You will be happier in the long run, saving up a sizable amount of money if your employment situation were to change in the future. Best of luck.

"I am the hero of the story. I don't need to be saved."
 
mb666:
mathmos6:
P.S. just checked out prices for John Lobb, actually made me laugh out loud

Same

They're some of the best made and nicest-looking shoes available. If you look at the high-end of anything you are likely to be astonished and not understand why the price is so high ($100,000 for a watch? $200 for a t-shirt? $5,000 for a suit?) I sincerely doubt anyone on this board should be considering JL (myself very much included) as it is absurdly expensive past the point of being worth it for almost anyone unless you really love shoes or have unreasonable amounts of money to burn.

If you want good English shoes, buy Crockett & Jones or one of the other makers like that. Definitely expensive but they look really nice. Allen Edmonds is probably all you need at a junior level, but I like the look of my C&Js significantly more than my AEs.

Hi, Eric Stratton, rush chairman, damn glad to meet you.
 

You should have in mind that expensive quality shoes last for many many many years, given that you care for them properly. The best looking pieces I have are my oldest pairs, and they are also the most comfortable ones.

Rule of thumb: Never buy anything with a sole that is glued to the uppers. Never buy anything "brand" (i.e. LV, Prada etc). Here are some suggestions on brands to look for:

Economy class: Loake Markowski Septieme Largeur

Bang for the buck: Crockett & Jones Carmina Alden Allen Edmonds Laszlo Vass

Luxury: Santoni Gaziano & Girling Edward Green John Lobb Corthay

 
NewGuy:
Go to bicester village young man

I'm very proud of a great deal I got on Zegna shoes from there, but if you're a common size it may be difficult.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

Voluptatum excepturi excepturi sit neque. Nihil aut quo enim quam non recusandae debitis laboriosam. Ab voluptatem officiis aut corrupti pariatur. Aut quam qui veritatis voluptatum molestias voluptatum natus voluptatem.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”