<p>Do almost the investment bankers and hedge fund managers that have ridiculously high salaries all live in New York? Are the a lot of those types of firms all over the United States. How about California? Just curious, thanks.</p>
<p>One thing that should be noted is that investment banks’ offices outside NYC (regional offices) typically are specialized.</p>
<p>For example, many investment banks have regional offices in California (in the San Fransisco and Menlo Park area) that mainly – if not solely – focus on technology deals due to the close proximity to Silicon Valley.</p>
<p>The offices in Texas tend to focus on Energy and Power deals.</p>
<p>The reason why many people prefer to work at the world headquarters (i.e. New York, Tokyo, and London) is the amount AND variety of deal flow these offices see.</p>
<p>As for hedge funds, you will find them highly concentrated in NYC and Greenwich, CT, but there are some located in other areas, such as Texas, especially the Dallas area.</p>
<p>Chicago gets some fairly diverse deals as well.</p>
<p>Hong Kong is the Asian headquarters for most BB banks (excluding Japan)</p>
<p>what about LA?</p>
<p>yes LA and SF has a some bb firm offices there as well as boutiques.</p>