Wall Street's unwritten style rules revealed by ex-Goldman Sachs chief
Translated from Danish, summarized and contextualized by DistantNews.
At a glance
- - Former Goldman Sachs CEO Lloyd Blankfein advised on Wall Street's unwritten dress code, emphasizing conservative attire.
- Blankfein aimed to dress in a way that avoided any comments, good or bad, throughout his career.
- Key advice included avoiding flashy styles and opting for traditional suits, with specific tips on shirt collars and tie choices.
Wall Street's financial district operates under a strict, unwritten dress code where even minor deviations can have significant consequences, according to former Goldman Sachs CEO Lloyd Blankfein. He noted that flashy styles and polyester ties are quickly identified as breaches of these invisible codes, potentially leading to termination. Blankfein himself adhered to a conservative wardrobe of blue and gray suits throughout his career. His primary goal was to dress in a manner that attracted no commentary, positive or negative. This approach ensured he blended in with his colleagues and the formal environment of the financial world. Upon starting his career, Blankfein received crucial advice from a senior colleague regarding his attire. He was told to invest in shirt stiffeners because his collar tips were sticking up, an absolute no-go in the formal setting of a traditional law office. This seemingly small detail highlighted the meticulous attention to sartorial norms expected on Wall Street. Further advice from the same mentor involved switching from polyester ties to those made by Hermรจs. This recommendation underscored the importance of quality and brand recognition in professional dress, signaling an understanding of the subtle cues that signify status and adherence to the established aesthetic on Wall Street.
Originally published by Berlingske in Danish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.