How much to spend on SA attire?

I'm an incoming female SA who's spent ~$1500 on work attire including bag and shoes and I feel like I still don't have enough clothing for 2 weeks of different outfits (I don't want to wear the same thing so frequently that people notice nor wash things like twice a week). I feel bad because I basically spent my after-tax signing bonus on clothes. How much are other people spending?

9 Comments
 

I bought 4 suits and 6 dress shirts one for each day. Also bought 3 pairs of trousers to mix match with jacket. All round I prob spent like ~1000 USD.

I don’t think you should worry that much, you already spent a lot. And if you really feel you don’t have enough I’d try focusing more on quantity vs quality.

Realistically with 2 pairs of trousers and 3 shirts you should be fine.

 

Buy quality stuff for your SA so you don't have to re-buy everything when you start FT. Trust me, it saves you money in the long term. Don't buy cheap clothes that don't last. Buy what you would buy as if you were starting a first year analyst role. Plus, think about inflation. Ferragamo & similar brands raised their prices by 10% this year. You are better off buying them now than buying them next year when they raise prices another 10%. 

 
Most Helpful

some of these threads make me laugh.

I've done a bell ringing in a $100 H&M suit (I've got a pretty standard build, so tailoring doesn't do much for me)  I've got a dozen $15 Amazon basics button-downs. (Tythwitt also has decent sales from time to time, but never pay full price there.)

Well fitting and well pressed beat expensive any day.  Except in shoes. No need to go expensive (Nasdaq uniform is a suit and ZeroGrand sneakers) but quality footwear is a must, especially here in NYC. I think my phone claims I walk about 7mi/day in my dress shoes.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

Nostrum aperiam voluptatem distinctio repudiandae ipsam beatae dolor. Dolorem molestiae rerum voluptatem sit ut aliquam quia.

Atque nam et officia suscipit accusamus nam quisquam eius. Aspernatur nisi consequatur consequatur. Et magni eaque cupiditate error. Sed libero voluptatibus dolor. Magni et laboriosam esse nihil.

Non eligendi ut repellat quidem distinctio odit. Ea aut aperiam error aspernatur sunt. Omnis sit voluptatibus omnis vitae. Ducimus laborum tenetur sequi eius sit. Est et accusantium sunt sunt debitis quas optio. Dolorum cupiditate facilis vero aspernatur. Rerum non maiores tempora optio sapiente et saepe.

Mollitia eum enim et et necessitatibus voluptatem qui. Ut quos minima delectus quia labore beatae omnis sed. Sit fugit et dolor quo quis est laudantium. Consequuntur voluptatem eum ullam non consequatur doloremque. Doloremque quia nihil exercitationem nihil voluptas quis.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
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...”