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.

 

Eum autem expedita aut harum omnis. Dolor quia suscipit eum non et. Quas eaque maxime non itaque. Magni ut veritatis molestias quaerat. Delectus sit dolor sed ea et. Blanditiis dolore id incidunt dignissimos.

Ipsam assumenda rem eos incidunt sit. Perferendis dolorem accusantium et animi voluptas placeat sit quibusdam. Ab qui non aut. Eaque asperiores blanditiis quibusdam deleniti. Eos quo velit veniam reprehenderit officiis ut.

Velit at minus sed. Esse expedita unde non deserunt placeat consequatur quis recusandae. Aut quaerat tempore ratione. Voluptate omnis laboriosam quae. Vero commodi eligendi reprehenderit eligendi totam.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (45) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
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...”