Introduction: Financial Services Download PDF
Money is the name of the game in the financial services industry. Companies of this nature are involved in the creation, storage, utilization, management, and manipulation of money. Such companies include banks, insurance agencies, brokerage houses, accounting firms, and real estate agencies.
Main Sectors
The financial services industry is comprised of a variety of businesses providing services broadly related to insurance, accounting, banking, brokerage, real estate, asset management, and investment. Insurance firms either provide insurance themselves as insurance carries or sell the services of others as insurance brokers. Banks can be commercial or private, on the global, national, regional, or community level, and offer the safekeeping and lending of money as their base services. Brokerage firms act as intermediaries between buyers and sellers for a variety of things, such as securities and other commodities. Real estate firms provide services such as buying, selling, developing, operating, and otherwise managing real estate. A variety of different financial institutions may provide asset management and investment services.
