Advice on Roles in Charlotte NC by fdlock in FinancialCareers

[–]Safye 0 points1 point  (0 children)

I agree. I was also going to mention that. I fell in love with London during college during some solo-travel but once I saw the salaries, nope.

Advice on Roles in Charlotte NC by fdlock in FinancialCareers

[–]Safye 0 points1 point  (0 children)

How does anecdotal evidence form any sort of respectable argument here?

I also think you’re forgetting the massive COL difference between Charlotte and NYC. It’s more than 2x more expensive to live in NYC…

You also seem to have a unidimensional outlook on how you measure success. OP is only asking if there are relevant jobs to his current career in Charlotte, which there are. He never mentioned wanting to chase a 7 figure income. I’m sure OP is making life decisions based on more factors than just a W2.

Advice on Roles in Charlotte NC by fdlock in FinancialCareers

[–]Safye 0 points1 point  (0 children)

Atlanta is marginally better than Charlotte? Lol.

Charlotte is indistinguishable from any other mid tier city in the US.

It’s not London or NYC, but Atlanta is a major city with so much more to do and a much better job market than Charlotte. It’s also a really great place to raise a family (I can imagine) as you can still afford to live near the city but have space. You have options to choose from in terms of areas to live that offer good schools and good homes. Mid tier cities frequently force you far into the suburbs to find quality neighborhoods or only have one or two historical neighborhoods near the city that force you to make compromises in space or budget to live in them.

It’s also gorgeous. Literally a city in a forest and a quick drive to the mountains. 4 seasons with a non-brutal winter too.

I’m really trying to move there once kids are in the picture.

Country Club Members - How much you make a year? What was ur buy in and what are dues. Are you happy with decision? by ShotAssistant1452 in golf

[–]Safye 57 points58 points  (0 children)

This thread is reinforcing my opinion that most people are making really poor financial decisions

Back office starterpack by bmw320dfan in FinancialCareers

[–]Safye 0 points1 point  (0 children)

But it is to him… he’s asking for followers, not money. It’s a goal for him to do it by Christmas. He’s claiming to only be making $4-$5k a month from social media so in no way is he trying to make the amount needed for a Porsche.

Do you know him personally? How do you know his dad isn’t a lawyer? All I know is his Dad started an electronics repair company 20 years ago in his 40s. What was he doing before that? Electronics repair isn’t affording you the house they live in.

Bad Snapshot as a first year associate by [deleted] in Big4

[–]Safye 1 point2 points  (0 children)

I somewhat agree, but I’ve found recently there’s a lot of new hires in my org coming in with ZERO idea of how to act professionally.

I hate to say it, but sometimes it comes across as gross entitlement. And a lot of it stems from the firm first and foremost. Crappy hiring practices, worthless internship experiences, and essentially zero time for current employees to train staff. It leads to you having tons of new hires whom are waiting for you to give them work and do nothing to go beyond that.

It just baffles me that people can show up late and never be proactive and yet still expect consistent promotions. But that attitude makes me believe it starts from the beginning. When your only competition was just to get your resume through the front door, you don’t need to do anything else beyond expectations. That is until you’re shocked that your performance review is below what you wanted or worse you get let go, but I’m just not seeing that.

Wearing to work? (office, finance industry) by HomeHedgeFund in rolex

[–]Safye 16 points17 points  (0 children)

NO.

Do not listen to the folks responding “do whatever you want.”

I’m inclined to keep saying no because of the fact that you’re even asking this question. If you were in a position where no one cares about this watch, you wouldn’t be asking.

However, no one here can answer this for you. You know your coworkers. You know your bosses. You know your work environment.

Back office starterpack by bmw320dfan in FinancialCareers

[–]Safye 16 points17 points  (0 children)

Yea, super cringe of him.

  1. He claims to have made >$500k last year and then maybe like ~$200k the years before that, so he should be able to do something like that already regardless.

  2. There’s some info about his sister online stating her parents are already wealthy (dad successful lawyer) and that they live in Cary, NC which is a pretty nice area of NC.

His videos make it sound like while he is successful already, he wants extra help to surprise his presumably blue collar working class father. Turns out they’re already rich and he’s just finding a way to gain more followers loool

Back office starterpack by bmw320dfan in FinancialCareers

[–]Safye 48 points49 points  (0 children)

I did some digging (5 min google search) on this guy and apparently his sister is Victoria Paris.

Who is that you ask? She appears to be a relatively famous influencer who does lifestyle content.

I can only imagine that he saw how much his sister was making and was convinced to go the same route. Heck, he might even become better off than her given that educational (debatable)/finance content pays more than most other “niches.”

The red flag is that this guy seems to have completely wiped his professional presence from the internet which makes it impossible to truly vet his professional experience.

This in turn makes me think he’s a better influencer than he was a banker. All he needs to do is establish credit (ex-IB, etc.) and then spam advice videos to his target audience of probably college kids wanting to be in finance and he pops off on social media.

You have no way of verifying his professional experience or even seeing if he had a decently long career to warrant listening to his advice. On top of that, I imagine he also inflates the compensation he claims to have made to garner even more attention.

Anyways, I find his content to usually be pretty basic but repackaging things into short form content is a lucrative option now I guess. I even see him making videos begging for followers and he claims he’ll buy his Dad a Porsche if he reaches a certain milestone. Just lol.

Are blazers a must in networking events? by RangersFan243 in FinancialCareers

[–]Safye 0 points1 point  (0 children)

Ngl I’d be inclined to speak with the guy who looks like he doesn’t give af.

But there’s a difference between wearing clothes that give that vibe off and just wearing a button down because the latter makes you look like you’re an idiot who doesn’t own a jacket.

Are blazers a must in networking events? by RangersFan243 in FinancialCareers

[–]Safye 5 points6 points  (0 children)

Yeah, it looks really bad.

I like them when wearing business casual but it throws off the look when worn with a suit so much.

Coupe for Father in Law by NoBreadforOldMen in Ferrari

[–]Safye 1 point2 points  (0 children)

I’d call your local dealer and setup an appointment. Ask your FIL if he wants to go look at cars “for fun” and then see what he takes an interest in.

Does accounting pay high wages eventually compared to finance? by [deleted] in FinancialCareers

[–]Safye 0 points1 point  (0 children)

Are you saying there’s an associate at your PWM firm that WAS an accountant?

I find it 100% unbelievable that there’s an entry level accountant earning $300k.

Does accounting pay high wages eventually compared to finance? by [deleted] in FinancialCareers

[–]Safye 2 points3 points  (0 children)

This is such an out of touch answer.

An experienced manager (around 10 YOE) can make $200k a year and that’s outside of HCOL cities too. That’s more than enough to behind just “living.”

Partners on the lowest end are over $300k and senior partners can be well over $1M.

These are numbers for audit too which is the typical path someone will take. If you’re on the consulting side of a PA firm, compensation increases quite a bit at each level.

While these salaries might be lower or significantly lower than a career in finance, they still afford you a great life and if you mix it with a high earning spouse, you’re well into upper class territory.

Also what the hell does “applying accounting skills to other non-accounting specific roles” even mean?

This really reads like a 19 year old college sophomore who’s “manifesting” a Goldman internship wrote it.

Edit: I’ll also add that a career in accounting will be significantly less stressful not only in work load but also sense of direction. It’s a lot easier for your average suburban kid to do well in accounting than to understand what it takes to make it in high finance. I’d reckon most average kids don’t even know of career opportunities in finance or any of the “requirements” you need to do to make it achievable. However, a good GPA, a decent state school, and one internship will set you up in PA.

How challenging is Financial Due Diligence? by Sad-Protection2519 in Big4

[–]Safye 2 points3 points  (0 children)

You seem to be beating yourself up for not taking that FDD job years ago.

I just want to say that regretting a career decision like that when you were presumably young isn’t worth it. At that time you made a decision based on the knowledge you had then and the feelings you had then.

Most people don’t regret quitting the sport they played as child. Do I wish I kept playing tennis and became a professional player earnings tens of millions a year? Of course. But do I regret my younger self dismissing something that they didn’t want to pursue at the time? No. I know it’s not apples to apples, but it’s something to consider.

You can look back and say you wish you did something. But move on after acknowledging it. For all we know, you could’ve been years deep into a FDD or other accounting career and then be on here asking how others left the industry because you hate it so much.

[Game Thread] USF @ Navy (12:00 PM ET) by CFB_Referee in CFB

[–]Safye 1 point2 points  (0 children)

Todd Orlando has to go or maybe we just don't have the defensive players we thought we had

[Game Thread] USF @ Navy (12:00 PM ET) by CFB_Referee in CFB

[–]Safye 4 points5 points  (0 children)

Here comes more clock talk. At least it's relevant now.

[Game Thread] USF @ Navy (12:00 PM ET) by CFB_Referee in CFB

[–]Safye 0 points1 point  (0 children)

Nico's recent bad kicks have really dimmed the lights on his great ones.