Trust, Fiduciary, and Custody Activities in Tennessee
Revenue benchmarks for trust, fiduciary, and custody activities businesses operating in Tennessee.
#16 of 50 states-14.5% vs national avg
Average Revenue
$5.7M
per year
Businesses
36
in Tennessee
Revenue / Employee
$538K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.5
firms per 100K in TN
Total Revenue
$206.2M
all firms in TN
Total Employees
383
in TN
How Tennessee Compares
National Average$6.7M
Tennessee$5.7M
Difference$969K (-14.5%)