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Investors to account for a combined 407 of industry

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investors to account for a combined 40.7% of industry revenue in 2020, slightly decreasing as a share of revenueover the past five years.Exports in this industry areLowand SteadyImports in this industry areLowand SteadyThe Securities Brokering industry is services-based, and therefore, trade is not applicable. While industry servicescan involve brokering transactions for consumers worldwide in global financial markets, industry revenue reflectsrevenue generated from US-based enterprises and establishments.Business LocationsIn general, establishments in the Securities Brokering industry align with the distribution of major business andfinancial hubs and the general population. One exception to this, on a per capita basis, is the disproportionatelylarger number of establishments located in the Great Lakes, Plains and Rocky Mountains regions. This may beattributed to the moderate barriers to entry and the large number of nonemployer establishments associated withthis industry. Discount brokerage services have increasingly used independent financial planning and wealthmanagement advisers that experience lower barriers to entry and costs closer to their customers in the Great Lakes,Plains and Rocky Mountains regions.
Securities Brokering in the USFebruary 202120IBISWorld.comThe Southeast accounts for 23.6% of business locations in 2020, the largest region by establishment figures. Thehigh concentration of establishments in this region may be attributed to population levels and corporate businessactivities. The Southeast accounts for 25.7% of the population in 2020. The general population is a material factor inthis industry because it is the retail investors that consume financial products. To raise and sell securities,investment banking and securities dealing firms need to attract investors. Florida also has the third-largest numberof establishments (8.6%) in the United States, attracted by the state's large retirement population.Although the Mid-Atlantic only houses 19.7% of establishments in 2020, the region generates more than one-third ofindustry revenue. New York contains an estimated 8.0% of industry establishments in 2020, but accounts for morethan one-quarter of industry revenue. The region is home to major corporate headquarters, financial intermediariesand exchanges, such as the New York Stock Exchange. Prestige and branding also play a big role in this industryas many prominent industry operators are located near Wall Street.The Great Lakes region accounts for an estimated 13.9% of establishments in 2020. Most establishments arelocated in Illinois, which is home to the CME Group Inc. derivatives marketplace. The West accounts for 17.7% ofestablishments in 2020 due to its large population. Additionally, an estimated 12.9% of establishments are located inCalifornia. Lastly, the Plains and Rocky Mountains regions account for the lowest amount of industry operators,homes to 7.0% and 4.0% of establishments, respectively, in 2020.
Securities Brokering in the USFebruary 202121IBISWorld.comCompetitive LandscapeMarket ShareConcentration

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Stock exchange, Collective investment scheme, Stock broker, Securities Brokering

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