Trust, Fiduciary, and Custody Activities in New York
Revenue benchmarks for trust, fiduciary, and custody activities businesses operating in New York.
#3 of 50 states+140.7% vs national avg
Average Revenue
$16.1M
per year
Businesses
111
in New York
Revenue / Employee
$634K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.5
firms per 100K in NY
Total Revenue
$1.8B
all firms in NY
Total Employees
2,820
in NY
How New York Compares
National Average$6.7M
New York$16.1M
Difference+$9.4M (+140.7%)