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Hoover's Directories > Industry Overviews > Financial Planners & Investment Advisers

Financial Planners & Investment Advisers

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Industry Description

About 35,000 US companies with combined annual revenue of about $200 billion provide financial planning and investment advice to individuals and businesses. Large companies include Ameriprise Financial, Charles Schwab, and units of diversified financial services companies such as Morgan Stanley. The industry is concentrated: the 50 largest companies account for about half of revenue.

SIC: 6282
NAICS: 523930
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Top 5 Companies

CompanySalesLocation
Ameriprise Financial, Inc.10,239.00MMinneapolis, MN
MACQUARIE (171 COLLINS ST) PTY LIMITED9,638.11MMelbourne, Vic
Xiamen Xinrongyi Investment Consulting Co., Ltd.6,835.00MXiamen, Fujian
BLUENEXT6,480.11MParis, France
AMP Limited6,322.17MSydney, Australia
Bullet - Yellow Arrow Box There are 127,256 companies in this industry. To view all of them, register now.

Industry Indicator

US corporate profits, an indicator of corporate demand for financial planning and investment advising, rose 7.9 percent in the third quarter of 2011 compared to the same period in 2010.
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Quarterly Industry Update

Credentialing Seen as Sign of Adviser Quality, Expertise - As the complexity of the financial markets increases, the quality of financial planners is on the rise, according to the National Post. Investors are more...
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