Financial Services

The Massachusetts financial services industry is booming with five times the concentration of savings institutions than the U.S. as a whole. The Bay State also has almost three times the concentration of investment employment, so it’s no wonder the financial services industry makes up 15% of the Massachusetts economy with 211,000 employees. Top Massachusetts financial services companies include State Street, Fidelity Investments, and Liberty Mutual. Boston is also consistently ranked among the Top 25 Financial Centers in the World, among only five other U.S. cities. Massachusetts is also home to 350 cutting-edge FinTech companies.