Investment Advice in Minnesota

Revenue benchmarks for investment advice businesses operating in Minnesota.

#6 of 50 states+7.6% vs national avg

Average Revenue

$2.8M

per year

Businesses

534

in Minnesota

Revenue / Employee

$391K

per year

Labor Cost

30.0%

of revenue

Profit Margin

15.0%

industry average

Market Saturation

9.4

firms per 100K in MN

Total Revenue

$1.5B

all firms in MN

Total Employees

3,760

in MN

How Minnesota Compares

National Average$2.6M
Minnesota$2.8M
Difference+$194K (+7.6%)