What Companies Are In The Finance Field?

Many people know that the finance industry has a lot of influence on how we live our day-to-day lives, but understanding how this sector works can be a bit difficult. 

The finance industry puts money in our pockets, maintains businesses, and provides funding for all the necessities and luxuries we seek. 

The finance industry provides both job security and high pay. The Bureau of Labor Statistics projects that certain finance jobs, such as financial analysts and personal financial counselors, will experience above-average job growth over the next ten years. 

Whether you’re looking for employment prospects, lenders or insurers for your small business or someone to invest the profits from your business here is the ultimate list of companies in the finance field

Types Of Financial Institutions

Here are the most common forms of finance firms. 

1. Commercial Banks 

These are monetary entities that provide standard banking services to people and companies.

• Bank of America

• Wells Fargo

• Chase Bank

• Citibank

• U.S Bank

• Bank of New York Mellon

• Citizens Financial

• PNC Bank

• Truist Bank

2. Government Banks 

These are monetary authorities that provide government agencies and the commercial banking system with financial services.  This could be at the International level like the World Bank, or Bank for International Settlements, the federal level like the Federal Reserve,  the state level like California Infrastructure and Economic Development Bank or county level like the State Controller’s Office. 

• Federal Reserve

• International Monetary Fund

• Bank of International Settlements

• World Bank

• Federal Reserve Bank of San Francisco

• California Infrastructure & Economic Development Bank

3. Credit Unions 

These are nonprofit, member-owned financial entities that provide the same services as commercial banks.

4. Investment Banks 

These acquire holdings and freshly issued shares and then resale them to investors.

• Goldman Sachs

• JBWere

• Morgan Stanley

• JP Morgan

• Citigroup

• UBS

• Credit Suisse

• Deutsche Bank

• RBC Capital Markets

5. Hedge Funds

Similar to investment banks these firms invest in various companies and financial strategies on behalf of members in their funds.

• Citadel

• Bridgewater

• Renaissance Technologies

• Anchorage Capital Group

• Man Group

• TCI Fund Management

6. Associations Of Savings And Loans (S&L)

S&L associations offer savings deposits, mortgage loans, and home improvement loans.

7. Insurance Firms

Insurance companies offer policies designed to safeguard individuals and businesses against liability and losses.

• Geico

• Genworth Financial

• QBE

• Safe Auto Insurance

• Allianz

• Berkshire Hathaway

• Chubb Corp

• Lloyds of London

• Zurich Insurance Group

8. Brokerage Firms 

These facilitate investment transactions between buyers and sellers. Typically, they deal with stocks, bonds, and other types of securities.

• Robinhood

• Saxo

• Interactive Brokers

• Plus500

• Oanda

• ETrade

• Ameritrade

9. Mortgage Businesses 

These firms underwrite and distribute finance to home buyers using their cash.

10. Asset Management Firms

Investing other people’s money in a variety of strategies and styles across all asset classes

• Vanguard

• VanEck

• Fidelity

• Blackrock

• Charles Schwab

• State Street Advisors

• PIMCO

• T. Rowe Price

• Legg Mason

• Russell Investments

• Perpetual Limited

• Platinum Asset Management

• Magellan Financial Group

11. Financial Planning And Advisory Firms

Financial planning firms assist people and businesses in establishing financial objectives and allocating their cash to increase their wealth.

12. Tax and Accounting Firms

Helping businesses with their accounting and tax obligations and providing support and advice on how to grow and improve businesses

• KPMG

• PWC

• EY

• Deloitte

• Mazars

• BDO

• Grant Thornton

• Crowe

• Moss Adams

• RSM

13. Non-Bank Lenders

Non-Bank Lender’s are businesses that lend money – but aren’t licensed as banks.  That is they can’t accept deposits from customers and don’t have checking accounts.

• Ondeck

• Lendio

• Kabbage

• BlueVine

• National Funding

• Fundbox

• TD Bank

• Funding Circle

• Biz2Credit

• Fundera

• Kiva

14. Credit Card Companies

Although you can get credit cards from lots of places, those places are “issuers” of credit cards.  There’s only a few actual credit card networks.  These networks allow issuers to issue cards to use on their network

• Visa

• Mastercard

• Amex

• Discover

15. Payment Processing Companies