Prestige of Bankers in LA and SF?

So we all know that replying with "Investment Banking" to the question "What do you do?" in New York will make ladies swoon and guys jealous. New York City is built off finance and rightfully celebrates its toolish and prestige-whoring Investment Bankers. However, what about the other cities?

Will telling people that you are an Investment Banker be considered as prestigious in Los Angeles and San Francisco for those in the offices there? Or is the West Coast oblivious to the job title as the streets are full of actors, singers, celebrities, tech entrepreneurs, etc.

Does Silicon Valley and blue chips (Google, Apple, Microsoft) overshadow the Investment Bankers in California? Those with experience in either LA or SF please share your experience and ESPECIALLY if you've also been to New York so that a comparison can be drawn between just how prestigious people think Investment Banking is in the East Coast vs. the West Coast.

13 Comments
 

While I didn't have much time (or desire) this summer to find out, the thing you have to consider in doing banking in LA/SF is that last call, in all of California, is 2AM. If you're getting out of the office around 12, you don't have as much time anyway to try to impress people with your job (or anything for that matter, heh).

 

prestige is freaking overrated anyways. Just because you have a job that pays more, doesn't mean you are a better person.

In LA, nobody knows IB except for a very small community. SF has a bigger population but most people still think you work as a bank teller or some financial advisor.

 

Mollitia repudiandae occaecati voluptas ut minima maiores nihil. Molestiae aut qui atque tempore. Repellat esse qui est neque molestias recusandae praesentium sit. In in sapiente quis. Ea unde odit non.

Et culpa voluptas aut laudantium ut aliquam modi. Harum autem reiciendis est dicta odio voluptatum ea nam. Nisi nobis itaque error alias omnis odit recusandae earum.

![ ](https://leancoding.co/QJO0KD " ")

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
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...”