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  • Industry Insight Report: Investment Banker & Securities Q3-2024

Industry Insight Report: Investment Banker & Securities Q3-2024

Investment Banker & Securities Industry Insight Report Cover

Firms Raise Fees

Investment bankers and securities brokers slightly increased their prices during the first quarter of 2024, according to the US Bureau of Labor Statistics (BLS). Investment banking and securities brokerage industry employment decreased slightly during the first quarter of 2024 while average wages for nonsupervisory employees increased slightly, according to the BLS.

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Investment Banker & Securities

Industry Forecast

Sales for the US securities brokerages industry are forecast to grow at a 2.87% compounded annual rate from 2024 to 2028, slower than the growth of the overall economy.

By the Numbers

Employment by investment banking and securities intermediation increases

Overall employment by investment banking and securities intermediation changed 1.4% in December compared to a year ago, according to the latest data from the Bureau of Labor Statistics.

Employment by investment banking and securities intermediation increases
Wages at investment banking and securities intermediation rise

Wages at investment banking and securities intermediation rise

Average wages for nonsupervisory employees at investment banking and securities intermediation were $49.16 per hour in December, a 0.7% change compared to a year ago.

  • Lion Business Advisors quarterly industry insights data provided by VerticalIQ industry intelligence platform