Trust, Fiduciary, and Custody Activities in Utah
Revenue benchmarks for trust, fiduciary, and custody activities businesses operating in Utah.
#42 of 50 states-83.2% vs national avg
Average Revenue
$1.1M
per year
Businesses
22
in Utah
Revenue / Employee
$329K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.7
firms per 100K in UT
Total Revenue
$24.7M
all firms in UT
Total Employees
75
in UT
How Utah Compares
National Average$6.7M
Utah$1.1M
Difference$5.6M (-83.2%)