The recent Twitter debate over cargo shorts (they’re objectively awful) to the endless stream of bright-eyed graduates starting their careers, or the haggard, white-collar masses traipsing from airport lounge to departure gate in pleated slacks and tucked-in golf shirts.
But nowhere is this more obvious than in the world of young finance, a culture best illuminated by an increasing number of very popular “finance meme” accounts on Instagram — like Arbitrage Andy, Lit-quiditiy, and Finance God.
Look no further than the Manhattan finance bro and the ubiquitousness of his fashion crutch of choice — the midtown uniform: button-down Oxford shirt, chinos, sleds (Gucci loafers), and, most important, a fleece vest. I understand the appeal of the Patagucci for the finance bro set. It’s like a fraternity; they want to fit in. The fleece vest hides their gut and sweaty armpits. It’s comfortable, considerably cheaper than a decent suit, and is durable for those sloppy nights out. But none of that makes it okay.
Generally, the problem with men and fashion is that guys try too hard or not at all. As I see it, particularly in finance and in the business world, it’s a function of risk/reward. Guys need to be pragmatic, live in the safe zone, and keep it simple. In that context, here’s everything you need to know:
I’ve shopped everywhere — from Madison Avenue and Saville Row to Taipan Row — and this Mizzen & Main ($125) shirt is by far the best shirt I’ve ever owned. Having seen the brand online for a couple of years, I was skeptical until I recently bought one.
It’s versatile, machine washable, wrinkle-free, sweat-resistant (so no need to be afraid to take off your jacket), fits perfectly tucked or untucked, and is more comfortable than a Lululemon or James Perse tee. It’s stretchability also makes it slimming for most body types.Ditch the fleece vest, and opt for something more grown-up, like this Bobby Axelrod-inspired Tom Ford cashmere sweater ($999). Why people wear wool when they know cashmere exists is beyond me.Burn your khakis, and office permitting, wear jeans instead. These Mott & Bow ($118) jeans are incredibly soft and uniquely comfortable. And the relatively new fashion startup has a really cool, entrepreneurial backstory.
If you’re wearing a blazer, make sure it doesn’t look like a suit jacket. Try a one-button, peaked-lapel, which looks great in the office, or out at night.Save the country club logo golf shirts for the weekend. No one likes to see dudes with dad bods invariably miming golf swings in the office.No Vineyard Vines, unless you’re still quoting Will Ferrell movies.There is no such thing as turtleneck weather. You gotta circumcise that sweater.
No wingtip, monkstrap, or square-toed shoes.Stick with loafers; they’re more comfortable and convenient. And the conventional wisdom that they lack the formality of traditional lace-ups has long-since expired.Decent $700 shoes will last 3–4x times longer than something you pick up from Nordstrom for $300. Do the math.If you aren’t confident in your innate fashion sense, keep the shoes black when wearing a suit and a safe shade of brown with business casual. There’s no need to attempt hazel brogues with a monastral suit. In most cases, you can’t pull it off.Cedar shoe trees ($34) are an absolute must. They absorb moisture, prevent wrinkles, and materially extend the life of your shoes.
Don’t wear shoes so distinct that they are recognizable underneath a bathroom stall.
Socks & Underwear
In simple terms, statement socks are dumb. They do not add personality or fashion sense. They just make you look British. Moreover, pairing, sorting, and color-matching socks is a waste of time and energy. Throw all your socks away and buy ten pair of identical socks, and then replenish them every three or six months — because nothing beats the feeling of starting the day off in crisp, fresh, new socks.Socks should be an afterthought, but not neglected. That’s why I’d go with Brummell’s ($7) subscription service that delivers simple, premium socks at a 60% discount.Best of all, for every pair of socks Brummell sells, they donate a pair to Camp Hope, a charity that provides business attire, career mentorship, networking, and financial support to veterans suffering from PTSD.While you’re in the neglected top drawer, don’t be disgusting; replenish your underwear! (The average guy only does so once every seven years.)
If possible, get your shirts made. The value of a custom shirt far exceeds the cost. Just make sure they are tapered appropriately. If you want to see how ridiculous ‘blousy’ looks, go back and watch some old Seinfeld reruns.
Stick with a stiff spread color; it’s versatile enough to work with or without a tie, and goes with jeans or a suit.If you’re looking for a low-maintenance, off-the-rack option, Mizzen & Main ($125)makes the best dress shirts I’ve come across. They fit as well as any custom shirt I own, never wrinkle, resist sweat, and are machine washable.Skip the monogram.The infamous blue shirt and white collar is acceptable, as long as the shade of blue isn’t too deep and accompanied with a power tie. This 1980s homage works much better today in a light pink, baby blue, or lavender, and without a tie.No shirt pockets or collar buttons. The Oxford collar is for college professors, democratic socialists, and people who still shop at Brooks Brothers.Wear an undershirt, even if you don’t sweat. Hygiene and aesthetics aside, this Mr. Davis undershirt ($25) will significantly prolong the life of your dress shirts.
Buy at least three decent suits. Keep it simple; if a suit has too much flair, the only thing people will notice is how often you wear it. You can’t go wrong with two-button, notched-lapel, and single-breasted. It’s a classic look that fits nearly every body type.
In terms of color, keep it to various shades of gray and navy, with a few varieties of pinstripes. That’s all you need. Brown suits are for back office guys.No cuffs and no pleats.No need to go above 160 per inch thread count. Between the abrasive chairs and the drunken nights out, they don’t last.Skip the three-button suit altogether, and absolutely no double-breasted, unless you still sleep on a waterbed.And it goes without saying; buy as many (bespoke) suits as you can reasonably afford.It’s a cliché because it’s true; the most expensive suit is the one you wear the least.
It’s all about the half Windsor knot, with the perfectly symmetrical triangle. A full Windsor also works, depending on the thickness of the tie and the spread of the collar.A bad tie knot is like a weak handshake; it shows that you don’t come from good stock.With all due respect to our POTUS, the correct length of the tie is to the middle of the belt buckle.
Don’t wear a tie every day unless you have to, but always keep a spare tie in your desk drawer.Sorry banking analysts; no Hermès. You have to earn it. Start with this understated Zegna ($118) tie.Everyone has a favorite tie, but don’t wear it every week.
Accessories & Watches
Expensive sunglasses let women know you appreciate nice things and are responsible enough not to lose them.Be original. I discovered the Danish eyewear brand Christopher Cloos ($160) before they launched in the US last year. Today, they have more than 40 SKUs in 550 retailers and are a featured staple (along with Gucci and Patagonia) of Finance Instagram.
Backpacks might be “suddenly cool for grown men” but not with a suit. Grow up, and get an adult bag like this. While you’re at it, ditch the canvas banker bag.When it comes to watches, they serve a purpose — presenting yourself as “high-status” is proven to make you appear more attractive to women.
Although the Submariner is the official starter watch for young bankers, wearing a Rolex is like driving an Audi. It means you have a little bit of money, but not much to say.But don’t forget — not wearing a watch is the new Patek.
The era of baggy or mesh shorts is over. Get rid of the Ivy League apparel; no one cares.When it comes to name brands, Nike is boring and Under Armour is for guys who think Chateaubriand is on a wine list.
Replace all your gym shorts with Birddogs ($55). I first recommended them — a company started by an HBS grad and former banker who poached the head of men’s design from Lululemon — in a Business Insider article I wrote in 2015, when they had just hit $300,000 in sales. Last year, they trolled the Shark Tank and surpassed $16 million in revenue.While you’re at it, spend less time on a treadmill and more time playing a competitive sport.
Miscellaneous Fashion Tips
No flip flops unless you’re within walking distance of a beach. The same WASPs who spend ten minutes building a nest in the office bathroom stall are the guys drunkenly flopping around the disgusting, unsanity streets of Murray Hill.
Buy a tuxedo before you are thirty. Stay that size.There is no such thing as a “going out” shirt, especially on a firs