FINANCe and Insurance services  Jacksonville is home to a large concentration of businesses in the financial services industry, including some of the nation’s leading financial and insurance services companies. Listed as one of the “hottest real estate markets for business,” our region offers everything your business needs to grow.
- Because Northeast Florida is already home to many financial services companies, there is a large base of experienced financial and insurance workers.
- Affordable office space is also in abundance. With a vacancy rate of 12.7 percent and an average asking lease rate of $18.48 per square foot, you will find even greater savings in your cost of doing business.
- Who will your neighbors be? Blue Cross and Blue Shield of Florida, Deutsche Bank, Citi, Bank of America, Wachovia, Aetna, Washington Mutual, State Farm, Fidelity Investments and Merrill Lynch, just to name a few.
Deutsche Bank Comes to Jacksonville
The region’s most recent expansion was by Deutsche Bank, one of the world’s leading financial service providers. The company’s decision to open a major service center in Jacksonville represents the latest development in Deutsche Bank’s global operations strategy. The facility here will house operational and support teams for the company’s Investment Banking Operations Group and will employ 1,000 people by the end of 2011.
“We are very excited to open this facility and look forward to a promising future here. We applaud the state, city and Cornerstone for their commitment to economic development and for making this a seamless process for us,” said John Lafond, head of Deutsche Bank, Jacksonville.
Recent Expansions and Relocations in Finance & Insurance Services
| Company Name | Type of Business | Projected New Jobs | Date | SelectQuote Life Insurance
| Insurance
| 60 | 03/12/2010
| | Federal Deposit Insurance Corporation (FDIC) | FDIC Satellite Office | 500 | 05/09/2009 | | EverBank | Mortgage lending | 200 | 03/25/2009 | | Liberty National Life | Insurance provider | 200 | 03/25/2009 | | Tax Defense Network | Tax resolution firm | 150 | 03/11/2009 | | American Home Mortgage Servicing, Inc. | Mortgage lending | 260 | 01/30/2009 | | GMAC | Financial services | 250 | 09/15/2008 | | Allstate | Insurance | 200 | 08/12/2008 | | Deutsche Bank | Financial Services | 1000 | 05/08/2008 | | Fidelity National Information Services | Financial Services | 260 | 03/13/2008 | | First Coast Service Options | Insurance services provider | 30 | 11/13/2007 | | EverBank, FSB | Bank, Mortagage Lender and Investment | 120 | 7/13/2007 | | Vystar Credit Union | Credit Union | 12 | 07/03/2007 | | CIT | Business technology financing | 300 | 05/24/2007 | | Kemper Auto and Home (4) | Insurance company | 0 | 05/21/2007 | | RSM McGaldrey & Pullen | Financial services | 40 | 02/02/2007 | | Dow Capital Funding | Mortgage Lending | 80 | 01/16/2007 |
Let Cornerstone’s professional staff assist you with your next financial services relocation or expansion. We can help you identify available financial incentives; research relevant zoning, permitting and governmental processes; locate customized demographic and labor market information; and find the right industrial building, site or office space and conduct personal site inspection tours.
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