Trust, Fiduciary, and Custody Activities vs Insurance Agencies and Brokerages

Side-by-side revenue comparison of these two business types.

MetricTrust, Fiduciary,Insurance Agencies
Average Revenue$6.7M$1.7M
Profit Margin15.0%15.0%
Est. Owner Income$1.0M$253K
Revenue / Employee$368K$269K
Labor Cost %30.0%30.0%
Total Businesses1,982122,552
Startup Cost (Low)$50K$50K
Startup Cost (High)$250K$250K
5-Year Survival Rate50.0%50.0%
YoY Growth5.0%5.0%
Avg Employee Wage$133K$99K