Lifestyle banks
What banks/groups are known for having the best WLB? I’m assuming the best wlb is probably not in NYC so pls include T2 or T3 cities
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Based on the most helpful WSO content, when it comes to banks known for having the best work-life balance (WLB), several names come up across different threads and surveys. It's important to note that while the location can influence work-life balance, the culture of the specific bank or group plays a significant role as well. Here are some insights:
Credit Suisse, Wells Fargo, and SunTrust Robinson Humphrey have been highlighted for their work-life balance. These banks have been mentioned in discussions for providing a relatively better balance between work and personal life compared to other institutions.
Regions and Groups: While specific regions or cities weren't directly mentioned in the context, it's inferred that not all top banks with good WLB are located outside of major financial hubs like NYC. However, it's a common understanding that Tier 2 or Tier 3 cities might offer a better lifestyle due to less pressure and potentially lower living costs. Banks like Wells Fargo and SunTrust Robinson Humphrey have significant operations outside of New York City, which could contribute to a better work-life balance.
DCM and Public Finance Groups: These groups are generally known for having better hours compared to more traditional investment banking roles. If you're looking for a better work-life balance within investment banking, targeting these groups could be beneficial.
Overall Employee Satisfaction and Professional Growth Opportunities: Banks like William Blair, Lincoln International, and DC Advisory have shown high levels of overall employee satisfaction and professional growth opportunities, which can be indicators of a positive work culture and potentially better work-life balance.
Remember, while these insights provide a starting point, it's crucial to conduct your own research and possibly reach out to current or former employees to get a more accurate picture of the work-life balance at these firms, especially if you're considering locations outside of New York City.
Sources: Best banks/groups for Work Life Balance, Does the Investment Banking Wage Gap Still Exist?, https://www.wallstreetoasis.com/forum/investment-banking/2017-investment-banking-report-8-key-trends-to-know?customgpt=1, https://www.wallstreetoasis.com/forum/investment-banking/has-ib-worklife-balance-changed-in-2019?customgpt=1, Private Equity shops with the best work/life balance
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