I am starting a new career and I am unsure about which suit(s) I should wear. I tried going to Banana Republic, Brooks Brothers, Hugo Boss and other places. I really liked the Hugo Boss suit I tried on but was unsure of their reputation on wall street. The Hugo suit was slightly flashy but not so over the top, I don't want to end up looking too showy or aggressive in a junior-level position but I want to stand out from my peers. I was wondering people's review of Hugo Boss suits or if someone had any insights into the best suits for Wall Street?
Is it worth spending $1000 on a Hugo Boss suit?
There are a few different lines of Hugo Boss suits and they all are fine to wear on Wall Street. Their suits can be a tad pricey for the quality (like many other name brands). The most important thing is to make sure the suit fits well. A good fitting, less expensive suit is always better than an expensive suit that has a poor fit. Most people won't be able to identify the brand HB but they will be able to see the way it looks on you and impressions are everything.
There are also so many other suits which can offer a better bang for your buck. Joseph A Bank or Brooks Brothers are perfect suits for the price and will last you a lot longer than other suits.
Senior Ranking WSO user @APAE says:
"If it fits well, that's what matters. 95%+ of the people who see you in it won't be able to identify the maker or the quality of your garment, only how well it looks on you. If it's under $300 and fits as it should (and most people don't even know what this means), that's a steal."
Senior Ranking WSO user @IlliniProgrammer advices:
"If you want a relatively high-end designer label, something at the level of Abboud, Tasso-Elba, Hart-Marx, or maybe Brooks Brothers might be a little more appropriate for analysts.
Don't go past $400. There's really no need to go past $180 in the first place for analysts, but don't buy a suit that obviously cost more than $400."
Best Suits for Banking and Wall Street
If you're just starting a career in finance you will quickly learn that the Wall Street dressing hierarchy is real. A great rule of thumb is to not dress like your boss but dress for the job you want. If you are first getting started Brooks Brothers and J. Crew are good picks. Canali suits are typically worn by higher ranking individuals but associates of various degrees can get away with wearing them.
Here are some tips and tricks while suit shopping:
- Make sure the suit fits well
- Check where the suit was manufactured. Try to stay away from suits made in Turkey/ China. These often have fused seams, are made of inexpensive materials, have poor construction and are cheaply made.
- Dress your rank. Try not to over dress, you want to be polished and sharp not overdone and tacky.
- It's not all about the suit! While the suit is important the shirt and tie are equally important.