No High Finance in Miami?

Asking as a naïve college kid. I know some firms have presence in Miami (TB, HIG, McKinsey, BCG, etc.), but why is there almost no finance presence in Miami, especially for IB and PE? It’s on the east coast and obviously has great weather and tax implications, so what’s the deal?

4 Comments
 

Yea I know I hate using it too but I didn’t know how else to describe it without j saying IB/PE/HF/VC/MC etc. or front office but that’s like the same thing and more vague

 

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