Investment Advice vs Insurance Agencies and Brokerages
Side-by-side revenue comparison of these two business types.
| Metric | Investment Advice | Insurance Agencies |
|---|---|---|
| Average Revenue | $2.6M | $1.7M |
| Profit Margin | 15.0% | 15.0% |
| Est. Owner Income | $384K | $253K |
| Revenue / Employee | $528K | $269K |
| Labor Cost % | 30.0% | 30.0% |
| Total Businesses | 22,339 | 122,552 |
| 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 | N/A | $99K |