Sex, Lies, Watches and Wall Street Bankers

When it comes to watches, Wall Street’s elite doesn’t want just any timepiece on their wrists. Their perfect watch is one that combines luxury and style with a certain level of exclusivity.

They are looking for a watch like the Movado Museum® Star Stainless Steel Automatic Watch. Designed by Shula Miro, this popular men’s wristwatch features a 42mm stainless steel case and bracelet, black mother-of-pearl dial with Roman numeral hour markers, and date display at 4 o’clock. The watch is water-resistant to 50 meters.

The Movado Museum® Star Stainless Steel Automatic Watch also features an automatic movement, which means that it winds itself with the natural motion of the wearer’s arm.

Movado is a Swiss company with a long history that began when founder, Joseph Zalmanovitz opened his jewelry store in 1881.

The Museum watch is their flagship line and features variations of this popular design in many different styles for both men and women.

Another favorite among Wall Street executives is the Cartier Santos 100 Carbon Steel Chronograph Watch. It features a 42mm carbon steel case with a scratch-resistant sapphire crystal and an ultra-lightweight alligator strap.

The watch has Roman numeral hour markers and chronograph functions that include a 30 minute counter, small second hand, 12-hour totalizer, and date display at 4 o’clock.

“The watch is my longtime companion, the timepiece of choice for every occasion,” said David Slottje, managing director at Euro Pacific Capital. “Whether I am on Wall Street or at an event around town, there is a certain cachet to owning a Cartier watch.”

Another popular brand among the financial elite is Audemars Piguet. One of their most exclusive models is the Royal Oak Offshore Chronograph Tourbillon Watch, which features an 18-karat white gold case and bezel along with a navy blue alligator strap.

The white dial has black Arabic numerals and hour markers along with chronograph functions that include a 30 minute counter, a small second hand, and a date display at 4 o’clock.

The Audemars Piguet Royal Oak Offshore Chronograph Tourbillon Watch is powered by a self-winding mechanical movement that has been adjusted to five positions and tested for 72 hours at three different temperatures.

Another of their popular timepieces is the ultra-thin Sport Royal Oak Automatic Watch in 18-karat white gold with an alligator leather strap.

The watch features a sapphire crystal face, automatic movement with manual winding, and two subdials. These watches are made in limited quantities and only sold through retailers authorized by Audemar’s Piguet.

Another luxury brand favored by many on Wall Street is Chopard. One of their most popular models is the Happy Sport 25 Gent Collection Watch with White Dial. This model features a rose gold ion-plated case and bracelet with a black dial that has Roman numerals.

The timepiece is water-resistant to 50 meters and includes chronograph functions such as 30 minute, 12 hour and 1/10th second subdials, a date display at 3 o’clock and an automatic movement that is made in Chopard’s Swiss workshops.

The International Watch Company (IWC) specializes in watches for the discerning consumer who likes both sporty style and traditional design.

A great example is their DaVinci Automatic Men’s Watch, which has a stainless steel case, slate gray dial with Arabic numeral markers, power reserve indicator at 12 o’clock, date display at 3 o’clock, and an automatic movement.

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The watch is water-resistant to 30 meters and includes a leather strap with a deployment clasp.

“IWC’s DaVinci Automatic Watch is one of the most beautifully styled watches I have seen,” said David Englander, portfolio manager at Aviance Capital Management. “The design blends classic style with sporty elegance.”

Another favorite among many Wall Street executives is the Luminox Navy Seal Colormark Chronograph Watch.

Featuring a strong 55mm stainless steel case and bezel, dial window made from extra-strong K1 mineral glass and an all-black rubber strap, this timepiece has two chronograph subdials that display 60 minutes and 12 hours respectively as well as a date window at 3 o’clock.

The watch is water-resistant to 200 meters and includes an automatic movement with hours, minutes, seconds, date, and chronograph functions.

“I was attracted to the Luminox timepiece for many reasons,” said Howard Westmeyer of investment firm Bollard Group. “Its outstanding build quality and unique features set it apart from a vast majority of watches out there.

” Another brand favored by finance executives is Oris, which has become popular thanks in part to its sponsorship of the Red Cross Annual Gala hosted each year in New York City during the holiday season.

One model that Oris made especially for this event is their Divers Sixty Five Watch. This watch has a stainless steel case with a domed sapphire crystal glass face and silver dial that includes Roman numeral markers, a date window at 3 o’clock, and automatic movement with an extra-flat balance spring.

The leather strap includes a deployment buckle closure with safety; the timepiece is water-resistant to 140 meters.

With their sponsorship comes to a connection to not only New York City but also Wall Street, which Oris hopes will encourage more business from finance executives in the area.

“Based upon our experience at the Red Cross Gala event in December 2011 we believe that many of the clients of these firms have been attracted to our watches due to one or more factors,” said Corey Rivkin, Executive Vice President of Sales & OEM North America for Oris Watch U.S., Inc.

“First, they appreciate quality products and it was apparent to them that our Oris Watches are a product of high quality and craftsmanship. Second, many were attracted by the fact that we also sponsor a charity event in New York City which made it easy for clients to recognize us as a company with strong ethics.”

A brand other executives have been happy to wear is Tissot, which focuses on watches that offer both precision and practicality. One model they make is their PRC200 Chronograph Watch, which features a black dial with Arabic numeral hour markers, chronograph function for measuring up to 1/20th second, date window at 4 o’clock, and 100-meter water resistance.

The watch has an automatic movement with hours, minutes, seconds, chronograph subdials, date, and tachymeter functions as well as a stainless steel case with a sapphire crystal dial window.

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