Trust, Fiduciary, and Custody Activities in Massachusetts
Revenue benchmarks for trust, fiduciary, and custody activities businesses operating in Massachusetts.
#8 of 50 states+53.3% vs national avg
Average Revenue
$10.3M
per year
Businesses
58
in Massachusetts
Revenue / Employee
$447K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.8
firms per 100K in MA
Total Revenue
$595.4M
all firms in MA
Total Employees
1,333
in MA
How Massachusetts Compares
National Average$6.7M
Massachusetts$10.3M
Difference+$3.6M (+53.3%)