Financial Services Industry Description
The Financial Services industry in Minnesota is a significant contributor to the state's economy. It encompasses a wide range of businesses, including banks, credit unions, insurance companies, investment firms, and other financial institutions. Minnesota is home to several large financial institutions, such as U.S. Bancorp, Ameriprise Financial, and Thrivent Financial. These companies provide a range of financial products and services, including banking, investment management, insurance, and retirement planning. The state also has a thriving fintech industry, with several startups and established companies offering innovative financial technology solutions. The industry is regulated by the Minnesota Department of Commerce, which oversees licensing, consumer protection, and enforcement of state and federal laws. Overall, the Financial Services industry in Minnesota is a vital part of the state's economy, providing jobs, investment, and financial services to individuals and businesse...
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627
COMPANIES
47 Billion
TOTAL VALUE
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Related Industries
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Avg Salary in Financial Services
$97,211
AVG SALARY
Top Companies
| COMPANY NAME | INDUSTRY | LOCATION | REVENUE | EMPLOYEES |
|---|---|---|---|---|
|
United States, Minnesota |
1 Billion and Over |
10001+ |
||
|
United States, Minnesota |
1 Billion and Over |
5001-10000 |
||
|
United States, Minnesota |
1 Billion and Over |
5001-10000 |
||
|
United States, Minnesota |
1 Billion and Over |
5001-10000 |
||
|
United States, Minnesota |
1 Billion and Over |
1001-5000 |
||
|
United States, Minnesota |
1 Billion and Over |
1001-5000 |
||
|
United States, Minnesota |
250 Million to 500 Million |
1001-5000 |
||
|
United States, Minnesota |
250 Million to 500 Million |
1001-5000 |
||
|
United States, Minnesota |
50 Million to 100 Million |
5001-10000 |
||
|
United States, Minnesota |
250 Million to 500 Million |
501-1000 |
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Segmentation by Revenue
Industry + State Overview
The banking and finance industry in Minnesota plays a crucial role in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, credit unions, investment firms, and insurance companies. These institutions provide various financial services to individuals, businesses, and government entities. Minnesota is home to several major banks, such as U.S. Bank and Wells Fargo, which have a significant presence in the state. These banks offer a comprehensive range of banking services, including personal and business banking, loans, mortgages, and investment products. They play a vital role in facilitating economic growth by providing capital and financial expertise to businesses and individuals. Credit unions also play a significant role in the banking and finance industry in Minnesota. These member-owned financial cooperatives offer similar services to traditional banks but often provide more personalized and community-focused banking experience...
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FAQs
1
What are the top 3 Financial Services companies in Minnesota?
The top Financial Services companies in Minnesota are Wolters Kluwer - Financial Services Solutions, Ameriprise Financial Services and Deluxe. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
2
How are these Financial Services companies ranked in Minnesota?
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
3
How many Financial Services companies are headquartered in Minnesota?
There are approximately 627 of Financial Services companies in the US according to the latest CIENCE data.
4
What is the economic impact of the Financial Services in Minnesota?
The median revenue for Financial Services companies in the US is 7500000.
5
Is the Minnesota region known for its Financial Services sector?
Yes, the Financial Services industry in Minnesota is known for Financial Services as there are 627 companies in Minnesota.
6
What is the average revenue of Financial Services companies in Minnesota?
The average revenue for Financial Services companies in Minnesota is 75018341.
7
How can I find job opportunities in the Financial Services in Minnesota?
You can find job opportunities in the Financial Services in Minnesota through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.
8
Where are other Financial Services companies located?
The overall Financial Services industry main page is found here.
FAQs
The top Financial Services companies in Minnesota are Wolters Kluwer - Financial Services Solutions, Ameriprise Financial Services and Deluxe. To view a full list of companies in this industry, please sign in to CIENCE GO Data.
The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.
There are approximately 627 of Financial Services companies in the US according to the latest CIENCE data.
The median revenue for Financial Services companies in the US is 7500000.
Yes, the Financial Services industry in Minnesota is known for Financial Services as there are 627 companies in Minnesota.
The average revenue for Financial Services companies in Minnesota is 75018341.
You can find job opportunities in the Financial Services in Minnesota through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.
The overall Financial Services industry main page is found here.
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