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Industry Overview

Scottsdale’s financial insurance services and technology companies have benefited from greater access to customers in the southwest and increased stability due to exceptionally low catastrophic occurrences. Business service companies are attracted to Scottsdale for its exceptional labor base, strong dependability of energy supply with no major natural disasters, direct flight access for clients and corporate executives via the Scottsdale Airport, available corporate office space, and no corporate franchise tax.

The consumer-oriented “fintech” services that incorporate financial technology that allows consumers to bypass the bank brick and mortar office to move cash, deposit checks, apply for credit or manage investments is a thriving industry in Scottsdale. Scottsdale provides an enabling environment for Fintech startups combining access to capital with a strong talent base of developers and specialists.

  • An outstanding labor base with low relative cost of labor and a quality source of executive, administrative and managerial talent
  • Strong dependability of energy supply with no major natural disasters
  • Direct flight access for clients and corporate executives via the Scottsdale Airport, with seven day per week on-site U.S. Customs service
  • Available corporate office space
  • No corporate franchise tax
  • Low workman’s comp & unemployment insurance costs

Top Local Firms

Vanguard

Vanguard is an investment management firm with more than 3,600 employees in Scottsdale. It is one of the largest investment management companies in the world with over a trillion dollars of assets under management. A new trading floor was recently opened in Scottsdale.

https://investor.vanguard.com/home/

Nationwide Specialty Insurance

Nationwide E&S/Specialty Insurance benefits from the backing of one of the largest insurance and financial service providers in the United States. Nationwide’s E&S Specialty corporate office is located in Scottsdale and offers property, casualty, personal lines, and specialty insurance coverages and services to organizations of all sizes.

https://www.nationwide.com

The Hartford

With more than 200 years of expertise, The Hartford Insurance in Scottsdale is a leader in property and casualty insurance, group benefits and mutual funds.

https://www.thehartford.com

Voya Funds Management

Voya Investment Management is the asset management business of Voya Financial, a Fortune 500 company. The firm’s capabilities span traditional products and solutions as well as those that cannot be easily replicated by an index.

https://advisors.voya.com

MiCamp Solutions

A financial technology firm, MiCamp Solutions is an elite payment technology company with over 17,000 merchants across the United States.

https://www.micamp.com

Homeowners Financial Group

Since opening in 2004, Homeowners Financial Group has focused on mortgage lending needs, while creating a strong culture of giving back to the community.

https://homeownersfg.com

Top Industry Firms

 
Source: 2020 Maricopa Association of Governments Employer Database
Company Location Type Employees Type
Vanguard Branch 3,220 Funds, Trusts, and Other Financial Vehicles
Nationwide Insurance Headquarters 1,436 Insurance Carriers and Related Activities
Wells Fargo Branch 617 Commercial Banking
JPMorgan Chase Bank National Association Branch 367 Commercial Banking
The Hartford Branch 350 Insurance Carriers and Related Activities
Paypal Inc. Branch 342 Credit Intermediation and Related Activities
Loan Depot Branch 320 Credit Intermediation and Related Activities
Aetna Medicaid Business Unit Branch 292 Life Insurance
CNA National Warranty Corporation Headquarters 273 Insurance Carriers and Related Activities
Nautilus Insurance Company Headquarters 264 Insurance Carriers and Related Activities