ECM/DCM outside of nyc

I’m currently in coverage but interested in capital markets. I really would like Ecm but also open to dcm. The problem is that I want to leave nyc. Are there any decent capital markets groups outside of nyc/sf/clt? Looking to be a career banker so don’t care about exits. 

6 Comments
 

All the BB have their main capital markets groups in NYC and a small ECM team based out in SF to cover tech and healthcare clients. Most of the ECM people out in SF are MDs, occasionally a few VPs and directors, maybe 1 or 2 associates. I know Raymond James has a small ECM in Tampa but that's also their headquarters. 

Tbh I don't recommend leaving SF or NYC if you're trying to be a career capital markets banker. If a recession hits, BBs will keep a decent amount of their capital markets bankers but a small MM might cut 80%. 

 
Most Helpful

PNC is in Pittsburgh, Janney is in Philadelphia, Truist has a big presence in Atlanta, so does Regions. Piper is headquartered in Minneapolis, not sure about ECM/DCM there. What region are you looking at? Also if WLB is at a premium a lot of regional boutiques can offer that or lower MM PE. Public finance is also a good option and there are a lot of small offices randomly scattered across the country.

 

Molestiae in inventore voluptate possimus officiis. Iste ullam dolor dolores in nemo voluptas. Et numquam aut tempore. Rerum vel perferendis et consequuntur ut exercitationem.

Voluptatem sapiente incidunt voluptatem eveniet praesentium ea. Et reiciendis et ipsam voluptas aut dolores. Sed magnam sit praesentium corporis cumque et et.

Rerum iure tempora incidunt hic. Consectetur explicabo quia modi. Consequatur distinctio molestias aut. Voluptatem ut et quaerat cupiditate eum hic. Dolores laboriosam quaerat labore error qui. Et possimus esse unde dolore aspernatur ipsam.

Et vero culpa perspiciatis praesentium rerum. Perspiciatis quos nulla eius.

Career Advancement Opportunities

October 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

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 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

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”