Investment Advice in Michigan
Revenue benchmarks for investment advice businesses operating in Michigan.
#27 of 50 states-50.1% vs national avg
Average Revenue
$1.3M
per year
Businesses
563
in Michigan
Revenue / Employee
$331K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
5.6
firms per 100K in MI
Total Revenue
$718.8M
all firms in MI
Total Employees
2,171
in MI
How Michigan Compares
National Average$2.6M
Michigan$1.3M
Difference$1.3M (-50.1%)