All I can say is that I and my friends in the NYC and Philly region working (mostly) in pharmaceutical and financial industries do not generally experience this. But obviously that would be anecdotal.
This is going to sound worse than I mean it to be, but I'm not familiar with NYC.
Is Philly a "hipster" region?
A full (groomed) beard in SanFran will be seen completely differently than full (groomed) beard in Los Angeles. You'll fit right in with the SF hipsters but you'll be seen as a bum/idiot in LA.
There is a drastic difference in perception against say.. the Dollar Beard Club [0] and "manly-men" beards. The difference in perception is a source of comedy [1].
The source of this perception difference is that people "allowed" to grow beards for work were/are typically blue-collar workers. Blue-collar work is associated with those of lesser intelligence (sorry to any hard working blue-collars out there....) while white-collar professions are seen as "more intelligent" and have typically required being clean shaven. As it follows, facial hair = blue collar worker = less intelligent. That's just how things are currently.
Obviously this is changing, but more-so in "hipster" areas where people do white-collar work and grow their beards out. As the requirement/stigma against facial hair dies out.
Required. I'm in graduate school right now and you won't get a call back for 2nd rounds if you have a beard. It's some sort of irrational proxy for discipline.