A strong and growing portfolio of employees and new talent.
Greater MSP’s financial services sector includes banking, insurance, and securities/financial investment services. With nearly 110,000 people working for finance-related employers, over 310 commercial banks, significant foreign-direct investment, and the 6th highest per capita total of Chartered Financial Analysts in the nation, Greater MSP has one of the most dynamic financial services sector in the nation.
Need more information about the Greater MSP financial industry? We’re happy to help. Contact our research consultants for more information anytime — or download more details in our Financial Services brochure today.
A wide variety of employers.
Although Greater MSP is home to some of the largest and most recognizable financial services institutions in the world, the region is also a primary destination for firms looking to establish regional offices and invest in the United States.
The Greater MSP region is home to giants such as UnitedHealth Group, U.S. Bancorp, HealthPartners Inc., and Ameriprise Financial, in addition to hosting Wells Fargo’s largest workforce in the world.
A thriving financial sector.
Roughly 124,000 people in the Greater MSP region have financial services skill-sets or experience, and the sector as a whole is 43% more concentrated than the national average.
A pipeline of up-and-coming talent.
Greater MSP’s pipeline for new financial services talent is strong, bolstering the likelihood of continued sector growth. Greater MSP-based colleges and universities graduated approximately 1,900 students from accounting, finance, financial management, mathematics, statistics, and actuarial sciences in 2014.
Graduating finance, insurance, and financial tech talent only matters if those students stay in the region. Greater MSP retains our recently educated finance and accounting graduates:
- Over 73 percent of regional finance and accounting graduates between 2012 and 2014 are still employed in the region.
- The percentage of new finance and accounting graduates retained is even higher for Class of 2014 alone, with roughly 75 percent staying in the region for employment after graduation.