Portfolio management & investment advice in Rhode Island 402 establishments · 1,486 employees · 2024
Firms (RI)
402
Employment
1,486
Avg Annual Pay
$153,805
State Rank
#38 of 52
How Rhode Island compares to national
Metric
Rhode Island
National
Rhode Island vs. U.S.
Establishments
402
88,234
0.5% of U.S. total
Avg annual pay
$153,805
$288,633
-$134,828 (-46.7%)
Location quotient
1.12
1.00
12% denser than national
Avg firm size (employees)
3.7
5.7
—
Year-over-year firm growth
+5.2%
—
—
Reading this
An establishment is a single physical location where business is conducted. A firm with multiple locations counts as multiple establishments. "Avg pay" is wages and salaries per employee, including bonuses and tips — for proprietorships, the owner's take is largely outside this number. The location quotient (LQ) of 1.12 means portfolio management & investment advice are 12% over-represented in Rhode Island's business mix relative to the U.S. average.
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Source. BLS Quarterly Census of Employment and Wages — 2024 annual averages, private-ownership only, NAICS 523940. Establishment counts include any firm with at least one paid employee covered by state unemployment insurance.
SMB Density · firm counts, employment, and wages by industry × state · data from BLS QCEW 2024 annual (private ownership, state-level; mostly 6-digit NAICS, 3 specialty-trade industries at 5-digit aggregation) · data.json