Big 4 Transaction Services - How much does the city matter?

Hi everyone,

I have a question regarding Big 4 transaction services that I haven't seen asked on this forum. I'm currently a first year senior in a Big 4 due diligence group in Philadelphia. Before joining TS, I was in the financial services audit group, also in Philly. My girlfriend attends grad school in Philly and has one year left. She's from NYC and we would like to relocate there when she graduates.

While I'm sure my firm would transfer me, I'd like to leave my firm when we move. I have an eye towards internal due diligence groups at PE funds or middle office "financial operations analyst" type roles. Will my Philly work experience be a roadblock to me in terms of seeking out opportunities in NYC? My perception is that NY'ers in general tend to look down on Philly, and I'm a bit worried that my experience in this market won't be respected - thus hindering my eventual job search.

Tl;dr - I work in Big 4 Transaction Services in Philadelphia and will eventually be looking for exit opportunities in NYC. Will my experience be less respected because I've spent my early career outside of NYC?

2 Comments
 

Ipsum nulla et sequi cupiditate exercitationem beatae provident. Earum quis molestiae numquam a accusantium. Alias qui similique numquam ea veniam. Sit in officiis a repudiandae totam suscipit. In animi neque velit aut non nobis iure. Esse ipsam consequatur error in dolor. Necessitatibus aut sapiente ea nulla sit dolorem ratione.

Career Advancement Opportunities

September 2026 Investment Banking

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

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 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 06 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
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
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”