Financial Planners & Investment Advisers
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
NAICS: 523930
Related Industries:
Legal Services, Consulting Services, Investment Banking, Mortgage Banking, Consumer Lending, Securities Brokerages, Banks & Credit Unions, Credit Reporting & Collections Services, Professional Services SectorTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Ameriprise Financial, Inc. | 10,239.00M | Minneapolis, MN |
| MACQUARIE (171 COLLINS ST) PTY LIMITED | 9,638.11M | Melbourne, Vic |
| Xiamen Xinrongyi Investment Consulting Co., Ltd. | 6,835.00M | Xiamen, Fujian |
| BLUENEXT | 6,480.11M | Paris, France |
| AMP Limited | 6,322.17M | Sydney, Australia |
Trends
More Financial Services Firms Offer Planning - The relaxation of regulations that separated brokerage, insurance, and...
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.
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...


