Financial Services

Overview

Connecticut is the headquarters for some of the world’s largest money management firms, ranking #2 in the U.S. for assets under management. In fact, after New York and London, Greenwich, Connecticut, is considered one of the world’s top hedge fund hubs. Nearly 110,000 people in Connecticut are employed in the financial services/insurance sectors, for a global who’s who of financial leaders.


Key Advantages

Find out why more than 7,000 insurance and financial services companies call Connecticut home.

  • Experience and expertise. Finance and insurance are two industries Connecticut does particularly well, so the state is able to offer specialized support for businesses that start or move here.
  • Committed to businesses large and small. Connecticut may be home to dozens of established financial and insurance firms, but we also extend funding opportunities and incentives to small and start-up businesses as well.
  • A prime talent pipeline. Connecticut universities and colleges offer specialized degrees in finance, along with courses in investing and the fundamentals of management, producing more well-rounded recruits.
  • Stimulating state economy. The state understands that employment in the financial services/insurance sector also stimulates growth in legal, accounting and technology services. In fact, for every new job in the insurance industry, 1.88 jobs are added to the overall Connecticut economy.

Targeted Support

Connecticut offers a wide range of  technical support and business development services for manufacturers.

ACCELERATE GROWTH

OPTIMIZE SITE/OPERATIONS

REDUCE TAXES

CULTIVATE TALENT/FIND JOBS

Industry Leaders

Just a few of our key financial services companies are highlighted below:

Financial

You can also hear from a few of our sector leaders here. 

JimSmith

 Webster Bank Chairman and CEO Jim Smith on maintaining their global headquarters in Waterbury.

Galanski

 The Navigators Group CEO Stan Galanski on relocating their headquarters from New York to Stamford.

Contact Us

For more information on the advantages of relocating or growing your Financial Services business here in Connecticut, please contact Barbara Fernandez at (860) 500-2325, or email Barbara.Fernandez@ct.gov.