Portfolio management & investment advice in South Dakota 268 establishments · 726 employees · 2024
Firms (SD)
268
Employment
726
Avg Annual Pay
$113,998
State Rank
#45 of 52
How South Dakota compares to national
Metric
South Dakota
National
South Dakota vs. U.S.
Establishments
268
88,234
0.3% of U.S. total
Avg annual pay
$113,998
$288,633
-$174,635 (-60.5%)
Location quotient
0.91
1.00
9% less dense than national
Avg firm size (employees)
2.7
5.7
—
Year-over-year firm growth
+4.7%
—
—
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 0.91 means portfolio management & investment advice are 9% under-represented in South Dakota's business mix relative to the U.S. average.
Top 10 states for portfolio management & investment advice
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