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Financial Services Industry Description

The Financial Services industry in New Jersey is a significant contributor to the state's economy. It encompasses a wide range of businesses, including banking, insurance, investment management, and financial technology. The industry is concentrated in major cities such as Newark and Jersey City, where many large financial institutions have their headquarters. New Jersey's banking sector is dominated by large national and international banks, such as JPMorgan Chase, Wells Fargo, and Bank of America. These banks offer a range of services, including commercial and retail banking, wealth management, and investment banking. In addition, there are several community banks and credit unions that serve local communities. The insurance industry is also a major player in New Jersey's financial services sector. The state is home to several large insurance companies, including Prudential Financial, which is headquartered in Newark. These companies offer a range of insurance products, includi...

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1,053

COMPANIES

74.5 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Financial Services

$116,859

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Financial Services

United States, New Jersey

1 Billion and Over

10001+

Financial Services

United States, New Jersey

500 Million to 1 Billion

10001+

Financial Services

United States, New Jersey

1 Billion and Over

5001-10000

Financial Services

United States, New Jersey

1 Billion and Over

5001-10000

Financial Services

United States, New Jersey

1 Billion and Over

5001-10000

Financial Services

United States, New Jersey

500 Million to 1 Billion

5001-10000

Financial Services

United States, New Jersey

500 Million to 1 Billion

5001-10000

Financial Services

United States, New Jersey

250 Million to 500 Million

10001+

Financial Services

United States, New Jersey

250 Million to 500 Million

5001-10000

Financial Services

United States, New Jersey

1 Billion and Over

1001-5000

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in New Jersey is a crucial sector that plays a significant role in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, investment banks, credit unions, and insurance companies. New Jersey is home to several major banks and financial institutions, such as JPMorgan Chase, Bank of America, and Wells Fargo, which have a significant presence in the state. These institutions provide a wide array of financial services, including personal and business banking, wealth management, and investment advisory services. The banking and finance industry in New Jersey is highly regulated by both state and federal authorities to ensure the stability and integrity of the financial system. The New Jersey Department of Banking and Insurance oversees the licensing and regulation of financial institutions operating in the state, while federal agencies like the Office of the Comptroller of the Currency and the Federal Re...

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FAQ

FAQs

The top Financial Services companies in New Jersey are Prudential Financial, Weichert Financial Services and BNY Mellon | Pershing. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 1053 of Financial Services companies in the US according to the latest CIENCE data.

The median revenue for Financial Services companies in the US is 2500000.

Yes, the Financial Services industry in New Jersey is known for Financial Services as there are 1053 companies in New Jersey.

The average revenue for Financial Services companies in New Jersey is 70743590.

You can find job opportunities in the Financial Services in New Jersey through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The overall Financial Services industry main page is found here.

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