Insurance Agencies and Brokerages vs Investment Advice
Side-by-side revenue comparison of these two business types.
| Metric | Insurance Agencies | Investment Advice |
|---|---|---|
| Average Revenue | $1.7M | $2.6M |
| Profit Margin | 15.0% | 15.0% |
| Est. Owner Income | $253K | $384K |
| Revenue / Employee | $269K | $528K |
| Labor Cost % | 30.0% | 30.0% |
| Total Businesses | 122,552 | 22,339 |
| Startup Cost (Low) | $50K | $50K |
| Startup Cost (High) | $250K | $250K |
| 5-Year Survival Rate | 50.0% | 50.0% |
| YoY Growth | 5.0% | 5.0% |
| Avg Employee Wage | $99K | N/A |