How Wall Street gets its gifting done

Group 1: Holiday Gifting Trends in Finance Industry - The finance industry experiences a time crunch during the holiday season, leading some professionals to outsource gift shopping or utilize nearby stores for convenience [1][6] - Knightsbridge Circle offers a service where members can delegate gift selection and purchasing, highlighting the popularity of outsourcing gifting responsibilities among finance professionals [2] - Personal shoppers are also sought after for their convenience and expertise, especially during the busy end-of-year period, as clients face decision fatigue [3][5] Group 2: In-Office Gifting Solutions - Goldman Sachs hosts holiday markets in its offices, featuring vendors from its 10,000 Small Businesses program, which adds a festive element to the workplace [7] - A survey indicated that around 40% of finance professionals are considering buying gifts for colleagues, with wine or liquor being the most popular choices [8] Group 3: Consumer Behavior and Preferences - Analytics from Zachys Wine and Liquor show that individuals in banking and investment are highly active consumers, particularly in New York, with champagne and specific wine types being in high demand during the holidays [9][10] - The average spending for top customers at Zachys is approximately $900 per order, indicating a willingness to invest in quality gifts [10]