Florida excels in finance – as evidenced by the presence of 170 commercial banks with $131 billion in assets – and a growing private equity cluster. Our attractive tax structure and skilled workforce are just two of the reasons why financial services companies call Florida home.
Florida’s proximity to and cultural connections with Latin America have helped make the state an international banking center with booming international trade, and leading location for shared services. In total, Florida is home to 129,500+ financial and professional services firms and their 897,500 employees. South Florida alone had a total of 4,983 bank branches with deposits totaling $586.4 million in 2018.
Greater Fort Lauderdale/Broward County has all the hallmarks of a booming financial center. With a sound real estate market, young population and tax incentives, it's not hard to see why it has attracted a host of international banks and institutional investors.
The property insurance market is also soaring to new heights. The location of Greater Fort Lauderdale in a hurricane zone combined with people with higher-value assets to protect is an insurance broker's dream.
Financial Services companies with offices in Greater Fort Lauderdale include: AIG, American Express, Ameriprise Financial, Bank of America, Bank Leumi, BankUnited, BBX Capital, Berkowitz Pollack Brant, Centennial Bank, Cherry Bekaert LLP, City National Bank, Daszkal Bolton LLP, Ernst & Young, Fifth Third Bank, First Citizens Bank, First Horizon Bank, Florida Community Bank, ICON International, JPMorgan Chase, Kaufman Rossin, Kovack Financial, Marcum LLP, MBAF, Mercantil Bank, Merrill Lynch Wealth Management, Morgan Stanley, Northern Trust, Ocean Bank, PNC Bank, Raymond James Financial Services, Regions Bank, RSM US, Seaside Bank, Templeton & Company, Truist, UBS Financial Services, Valley National Bank, Wells Fargo, and Woodforest National Bank.
||"Broward County is the chosen destination for many who want to be in the region. We appreciate the county line delineations but have an even greater appreciation for the fact that South Florida is one interconnected region from a newcomer's prospective. Whether Miami, Broward, or Palm Beach, there is continuous interest from active businesspeople. This isn't just a retirement region. Whether private equity looking for new high growth investment opportunities or entrepreneurs looking for a tax-friendly environment, eyes have turned toward this region and people and money are following."
- Michael Balter, Regional Managing Partner - Marcum LLP
For information regarding business location and expansion in Greater Fort Lauderdale, please contact Todd Holt, the Alliance's Vice President of Business Development at 954-627-0124 or via email at firstname.lastname@example.org.