Many companies come in the Finance field such as Edward Jones, Pinnacle Financial Partners, PrimeLending, and many more. Whenever we talk about financial services, stock trading, investment services, and big banks. But financial services are not just limited to these things, it is more than that. Currently, Financial companies play a huge role in running the economy in many countries.
The company’s finance field covers services from investment firms, brokerage houses, credit card processing, real estate, and many more. If you are not familiar with the popular companies in the Finance field then this article is for you.
Here, you will also get to know about the employment status in every finance company. So just stay tuned with us in the whole article.
The top 10 companies are in the finance field
To know more about Finance companies and their location, here is the complete information of the finance companies listed below.
- Edward Jones
Edward Jones is a very popular and old finance company that was founded in 1922. The company aims to provide the best financial advisories to investors and business owners. At present, they have more than 18,000 employees working in this company who offer commission-based or fee-based financial products.
The company is situated in St. Louis Missouri. Employees in this company are getting opportunities to work across different locations in the country. They can work here as a financial advisor or branch administrator.
This company has a policy that every office will have at least one financial advisor and one branch administrator who has to perform various consultation and management duties. It will be a good option to work under this company to explore Finance experience.
- JPMorgan Chase and Co.
JPMorgan Chase and Co. is a very popular American investment bank and financial service provider. This is one of the oldest financial companies, which was started in 1799 and it is the largest bank in the United States with an asset valuation of $3.95 trillion.
At present, they have more than 2,40,000 employees working in this company. Here, the Chase term is mainly used for providing credit card services in the United States and Canada.
JPMorgan’s main business is divided into four segments, which are Consumer and Community Banking, Commercial Banking, Asset Management, and Corporate and Investment Banking. It is always a good choice to work in such a large company that will provide you with various other benefits also.
- Wells Fargo
Wells Fargo is another popular bank and financial services company with retail and various commercial banking locations across the US. This bank was established in 1952 its headquarter is situated in San Francisco, California.
This financial company also has a presence in Tokyo, London, and Hong Kong. It is one of the largest banking institutions in the US and also comes among the top 100 corporations in the US.
As it is a large entity and that’s why it is also an amazing opportunity for the employees to work with some experts in this company. There are some vacancies for Bankers, Business consultants, and tellers in different locations in the US. So job seekers can try their luck to get a job in a reputed company in the US.
Citigroup is a popular multinational investment bank and financial services provider internationally. The company was started in 1812 and got huge popularity after serving for long years. The headquarters of the company is located in New York.
Citigroup is coming in the third position of the largest banking instruction in the US. They are providing their services in more than 160 countries and have already opened 200 million customer accounts till now. At present, they have more than 2,00,000 employees, which was 3,57,000 before the financial crisis in 2007-08.
Citigroup always has the main focus to safeguard assets, Protect savings in multiple contexts, and ensure secure and accurate transfer.
There will always be challenging opportunities for financial and customer support employees to deal with different situations. The Risk Associate Specialists are always in huge demand under this company.
- Berkshire Hathaway
Berkshire Hathaway was established in 1839 and the involvement of one of the richest personalities Warren Buffett brings up the share. Earlier it was a Textile company and the inclusion of Warren Buffet happened after 1962.
It is mainly a financial media company that helps other businesses and entities to grow. The company’s headquarters is located in Omaha, Nebraska. Apart from their financial company, they are also involved in food products and restaurant lines. They have more than 10,000 employees working in different sectors.
In its initial stage, it added only insurance companies, which includes GEICO and National Indemnity. But later on, they expanded their holdings to real estate, the furniture industry, the jewelry industry, transportation, and many more to explore things widely.
The financial and administrative employees can show their interest in this company because they assist both individuals and entities.
- Bank of America Corporation
Bank of America is a leading bank holding company that was founded in 1820 and it is one of the oldest bank institutions in the US. This bank has a diverse market inside and outside the US, as they are serving in many other countries.
At present, they are offering various services such as banking, lending, and investing. The headquarters of the company is located in Charlotte, North Carolina. They have more than 2,10,000 employees working under the company and have an asset valuation of $2.52 trillion.
Bank of America has many subsidiaries and non-subsidiary branches across different locations where they support the workforce towards their skills. The market, finance, and research experts can find the best career opportunities in the best working environment and can gain valuable experience.
- American Express
American Express is one of the oldest firms in the USA. It was founded in 1850 and its headquarters are in New York. Earlier, the company was involved only in freight forwarding services but later, they began travel services.
This is the first company that has started making charge cards. The company has started focusing on card-making services and has created many co-branded cards with hotels.
American Express is successful in challenging some other big companies like Visa and MasterCard but still, they are ahead because of their different marketing campaigns and strategies.
The marketing and financial employees can make an effort to get a job in this company. It is a big company and can be a very good option for gaining some experience.
- E-Trade Financial Corporation
E-Trade Financial Corporation is the first online discount brokerage company that has targeted self-directed investors. The company started providing its services in 1982 and has its headquarters situated in New York City.
They offer services related to the e-trading of stocks, bonds, mutual funds, and ETFs. They have expanded their business and also got some amazing awards for their trading platform. The company is in the top three online discount brokers.
Having some knowledge or experience in the share market can benefit job seekers to work in this company. If you want to get some relevant experience in this field then it is a worthwhile opportunity to work in this finance company.
- Veterans United Home Loans
Veterans United Home Loans is also a popular company that provides VA loans. The company was started in 2002 and has started focusing on providing loans. They are not providing loans only to veterans but also online and in administrative offices.
The headquarter of the company is situated in Columbia and they have a total number of employees between 1000 – 5000. The company’s main focus is to provide sustainable services for veterans to make their homeownership easy.
The employees will get an amazing opportunity to work with an energetic team and the job seekers can apply for data flow engineers, technicians, and financial management officers. They can work in different locations across the US.
PrimeLending is a financial company that provides banking services to its customers. The company was started in 1986 and the main office location is in Dallas, Texas. At present, the company is operating across 40 different locations across the United States.
PrimeLending has the main focus on the middle market by providing investment management opportunities, private banking, and corresponding banking services to customers. In all of their offices, the total number of employees is between 1000 – 5000.
There are various job opportunities in these companies that job seekers can make an effort to go with. Finance Specialists and Marketing managers can find some high-rated jobs in this company. The location of the job will not be fixed and users can get the job in any location, especially in Midwestern states.
Which company is best for finance jobs
As we know there are large options for choosing the best finance companies to work on. So it will be a difficult task to choose the best finance company that offers the best payout with attractive perks.
But still, you can consider some basic factors while choosing the best finance company to work for. Like, you can check the company size, location, benefits, and culture in the company.
So if you are looking for a job in the finance field, you need to focus on your goals. You need to decide whether you want to work for a small corporation or a large company. It depends on you whether you want fieldwork or want to manage books.
The best option is to give priority to your interests. Then just visit the company’s website and get to know about their financial stability whether they are the desired employer or not. Try to do some research and find someone already working or working in this company to get some relevant information.
Financial Service Industry Regulations
Financial Service Industry Regulations are made to ensure the safety and soundness of the financial system with the main motive of protecting customers. These regulations are the laws and rules, which are made for the financial industry such as finance brokers, insurance companies, credit unions, and asset managers.
Financial companies must enforce these rules. These regulations are necessary because today people are trusting banks from which they can borrow their amount anytime. They can trust insurance policy Companies that will pay their claim when something wrong happens to them.
To make Financial regulation work, the Financial Conduct Authority ensures that the firms have funds to trade safely and have all the appropriate risk controls in place.
Authorization is necessary when the firms need to fulfill several criteria that include governance and risk control. The companies who have fulfilled these criteria will get permission to work in this financial system.
Top Companies in the Financials sector in the United States
There are various companies in the financial sector in the US but here we will let you know some of the top companies with the valuation of their total assets.
On the top, JPMorgan Chase and Co with a valuation of $3.95 trillion, Bank of America Corporation with $2.52 trillion, Wells Fargo and Co. with $1.78 trillion, and CitiGroup Inc. with $1.67 trillion.
What industries are in the financial sector?
Ans. The financial sector covers those industries, which are related to banking, real estate companies, insurance companies, mortgage lenders, REITs, and some more. All the industries related to these services will come under the Financial sector.
Which company is best to work for in finance?
Ans. The companies like JPMorgan Chase, Wells Fargo, CitiGroup, etc. can be the best option to work. Well, you can do some more research as per your desired goals and can make your decision accordingly.