Financial services industry in SFO (San Francisco, Walnut Creek: rentals, credit, home)

[rsk12]

Hello group

My wife and I work in financial sector on the IT side of the business. I am a project manager and my wife is a business analyst. We have worked in the east coast and mid west. Now we would like to move to CA. Does SFO have a good financial services industry. Hiwndoes the job market look for financial sector. If SFO does not have financial services industry then which part of CA is good for people in that industry.

Appreciate you help
Thanks
Rsk

[mayorhaggar]

"Hiwndoes?" Must be one of them fancy banker terms.

SF is probably the best place on the West Coast for banking, there's a lot of big banking HQ's in SF. But I don't think there's anywhere as much investment banking or stock trading as there is in NYC or Chicago. I dunno what the scene is like in LA but it's a much bigger urban area by size and population so it probably has a lot of opportunities too.

[rsk12]

Originally Posted by mayorhaggar

"Hiwndoes?" Must be one of them fancy banker terms.

SF is probably the best place on the West Coast for banking, there's a lot of big banking HQ's in SF. But I don't think there's anywhere as much investment banking or stock trading as there is in NYC or Chicago. I dunno what the scene is like in LA but it's a much bigger urban area by size and population so it probably has a lot of opportunities too.

Thanks for your response mayorhaggar. "Hiwndoes" in banker's jargon means
"we are screwed". :-)

Jokes aside. Which in your opinion will be a good location for me to park myself and look for a job in the SF area. I will have a car. I am looking for a 6 month rental to being with until the time I find a decent job. Once I settle and get a feel of the place I will probably look into buying a property.

Thanks again for your help.
rsk

[hsw]

By many metrics, biggest finance industry epicenter in world, outside MidtownManhattan/200 West/Greenwich, is found in SF/Menlo corridor

BigHedgeFunds in SF
Mutual funds/ETFs in SF
Various private equity HQs in Menlo and SF
Tech investment banking HQs in Menlo and SF
Most of world's top VCs HQd on SandHill
BigTechs include massive treasury depts (cos. like AAPL, GOOG, etc arguably have more net cash and healthier balance sheets than any major country in world): sprawled around PaloAlto region in various HQ campuses
BigDumbBank and BigCreditCard processor HQd in SF

Perhaps most yuppies in finance, whether they work in Menlo or SF, tend to reside in SF; like any other major city, families tend to reside in far cheaper, more spacious suburbs, not in city itself....it's an extraordinarily easy drive from SF to SandHill....and intra-SF is a car town, unlike Manhattan and kinda like Chic....driving to office/run errands, etc is awfully efficient in both SF itself and along 280 corridor to SandHill

[rsk12]

Originally Posted by hsw

By many metrics, biggest finance industry epicenter in world, outside MidtownManhattan/200 West/Greenwich, is found in SF/Menlo corridor

BigHedgeFunds in SF
Mutual funds/ETFs in SF
Various private equity HQs in Menlo and SF
Tech investment banking HQs in Menlo and SF
Most of world's top VCs HQd on SandHill
BigTechs include massive treasury depts (cos. like AAPL, GOOG, etc arguably have more net cash and healthier balance sheets than any major country in world): sprawled around PaloAlto region in various HQ campuses
BigDumbBank and BigCreditCard processor HQd in SF

Perhaps most yuppies in finance, whether they work in Menlo or SF, tend to reside in SF; like any other major city, families tend to reside in far cheaper, more spacious suburbs, not in city itself....it's an extraordinarily easy drive from SF to SandHill....and intra-SF is a car town, unlike Manhattan and kinda like Chic....driving to office/run errands, etc is awfully efficient in both SF itself and along 280 corridor to SandHill

Thanks for the info hsw. This is very helpful. I am, by any stretch of imagination, not a yuppie. My wife & I are in our late 30's and would eventually like a nice suburban home with max of 1 hour commute one way. But to begin with I would like to be in a place that is convenient for job search.

Thanks
rsk

[mstnghu2]

Originally Posted by rsk12

Hello group

My wife and I work in financial sector on the IT side of the business. I am a project manager and my wife is a business analyst. We have worked in the east coast and mid west. Now we would like to move to CA. Does SFO have a good financial services industry. Hiwndoes the job market look for financial sector. If SFO does not have financial services industry then which part of CA is good for people in that industry.

Appreciate you help
Thanks
Rsk

FYI, "SFO" refers to San Francisco International Airport. Are you looking into getting into the finanancial services industry at the airport?

San Francisco is "The City" or just "SF". The entire region is the Bay Area.

[sonarrat]

SF's financial industry is centered around the area east of Chinatown and near Market & Embarcadero. It's quite easy to get there by train from the East Bay, so you might eventually focus on Piedmont, Orinda/Lafayette/Moraga (Lamorinda informally), or Walnut Creek as offering better suburban value than points to the west of the bay.

[rsk12]

Originally Posted by mstnghu2

FYI, "SFO" refers to San Francisco International Airport. Are you looking into getting into the finanancial services industry at the airport?

San Francisco is "The City" or just "SF". The entire region is the Bay Area.

Thanks for pointing that out mstnghu2, so bay area it is.

rsk

[rsk12]

Originally Posted by sonarrat

SF's financial industry is centered around the area east of Chinatown and near Market & Embarcadero. It's quite easy to get there by train from the East Bay, so you might eventually focus on Piedmont, Orinda/Lafayette/Moraga (Lamorinda informally), or Walnut Creek as offering better suburban value than points to the west of the bay.

Thanks sonarrat. are there any websites I can look at for rentals in bay area. How does one go abt finding a rental not bieng ther physically.

Thanks again
rsk

[sonarrat]

Out of towners mostly use Craigslist, people who are already there drive around looking for signs..