3 Independent Drive Jacksonville FL 32202 904 366 6600 jaxusa.org

FINANCIAL SERVICES

6/2015

Jacksonville is home to four Fortune 1000 and three Fortune 500 company headquarters,

more than any other city in Florida. More than 80 local companies have national or divisional

headquarters in Northeast Florida.

4 FORTUNE

1000 3 FORTUNE

50080+ NATIONAL OR DIVISIONAL

HEADQUARTERS

Our company locally employs more than 5,000 workers in the consumer finance industry, making us one of the largest financial services employers in the region and a committed partner to helping foster the local talent pool.

– Matt Jenkins, Jacksonville Site President, Citi

WHY Northeast Florida? No. of employees

BANK OF AMERICA MERRILL LYNCH – Banking and Investments 8,000

FLORIDA BLUE – Headquarters - Health Insurance 6,000

CITIBANK – Consumer Lending 5,000

JPMORGAN CHASE – Mortgage 3,400

WELLS FARGO – Banking 3,000

FIDELITY NATIONAL FINANCIAL – Headquarters & Title Insurance & IT Solutions 2,900

AETNA – Health Insurance 1,700

DEUTSCHE BANK – Banking 1,500

EVERBANK – HQ-Banking 1,400

VYSTAR CREDIT UNION – HQ - Banking 1,100

ALLSTATE WORKPLACE DIVISION – Headquarters - Insurance 1,000

STATE FARM – Insurance 1,000

PRUDENTIAL FINANCIAL – Financial Advisors 900

VOYA – Employee Benefits Managers 750

FIDELITY INVESTMENTS – Investments 700

SUNTRUST – Banking 640

CIT – Equipment Leasing 600

PHH MORTGAGE – Mortgage 600

KEMPER, UNITRIN BUSINESS – HQ - Insurance 460

ENHANCED RECOVERY CORPORATION – Debt Recovery 431

Deutsche Bank’s Global Business Services Center in Jacksonville is involved on the operational side of financial services, which has a great degree of complexity that requires

a certain amount of expertise. With a rich and deep talent pool, Jacksonville provides a unique opportunity to staff these needs.

– Leslie Slover, Regional Head of Jacksonville and Cary, N.C., Deutsche Bank

Financial Services Support Investment Banking Mortgage Sales and Service Software Development

Areas of EXCELLENCE

JAXUSA Partnership’s regional focus includes seven Northeast Florida counties.

With 1.5 million residents, the region offers endless opportunities and a superior

quality of life. The Jacksonville area continues to experience positive growth

as more people discover its perfect balance between business opportunities and lifestyle.

The Region’s Leading Financial Services and Insurance Employers

Forbes magazine ranked Jacksonville as the

5th Best City for Stealing Jobs from Wall Street.

3 Independent Drive Jacksonville FL 32202 904 366 6600 jaxusa.org

FINANCIAL SERVICES

6/2015

Protected from Hurricanes

In the past100 NO HURRICANE

Category 3 or higher has made landfall in Northeast Florida; only Hurricane Dora in 1964, which barely reached Category 2.

1904 2014Category 2

Jacksonville Port Authority (JAXPORT)

Over the next several years, JAXPORT is looking to invest in its infrastructure more than

In fiscal year 2014, JAXPORT’s three public marine terminals handled cargo totaling

$1.25 BILLION8. 3 MILLION TONS

Affordable Construction & Real Estate

The cost of constructing new facilities in Jacksonville is 15% LOWER THAN

U.S. AVERAGEReal estate lease rates are below most major metro areas, averaging $20.19 per square foot for Class A office space.

Positive Tax Advantages

STATE PERSONAL INCOME TAX TAXES ON FOREIGN INCOMENO CORPORATE FRANCHISE TAX

TAXES ON INVENTORIES

YEARS, STRATEGIC Business Location

Category 3 Category 4 Category 5

Major Southeast Landfalling HurricanesCategory 3 and Above

(1899-2014)

Tucked away in the westernmost point of the East Coast, Jacksonville is the least likely place on the Atlantic or Gulf Coasts to experience a hurricane. Due to a “recurvature effect,” storms heading toward Jacksonville are influenced by the Bermuda high pressure system from the west and are driven northward.

Jacksonville International Airport (JAX)

than East Coast hubs

90NON-STOP

DAILY FLIGHTSDIRECT U.S. AIRPORTS

LOWER TICKET PRICE

27 15%

After investing more than $300 million to construct and expand the terminal and its three concourses, JAX is now one of the most modern airports in the world.

The Wall Street Journal recently featured a Jacksonville story with the headline:

“Deutsche Bankers Warm Up to Florida...”

“...In a Shift South, Staff Are Trading Subways for Surfboards”

Nashville

BirminghamAtlanta

Charlotte

Dallas

Houston

Denver

Las Vegas

Minneapolis

Chicago

Cincinnati

Detroit

Washington D.C.

Baltimore

Norfolk

Ft. LauderdaleMiami

Tampa

San Juan

Philadelphia

NewarkNY

Boston

JACKSONVILLE

Nashville

BirminghamAtlanta

Charlotte

Dallas

Houston

Denver

Las Vegas

Minneapolis

Chicago

Cincinnati

Detroit

Washington D.C.

Baltimore

Norfolk

Ft. LauderdaleMiami

Tampa

San Juan

Philadelphia

NewarkNY

Boston

JACKSONVILLE

Pensacola

27 cities with non-stop service from JAX

3 Independent Drive Jacksonville FL 32202 904 366 6600 jaxusa.org

FINANCIAL SERVICES

6/2015

Northeast Florida is a TALENT MAGNET Young & Dynamic Workforce

Northeast Florida’s population is more than 1.5 million and the total workforce is comprised of 800,000 people. The median age in Jacksonville is 37, providing a young and dynamic workforce equal in age to the national average and three years lower than the Florida average.

Ranked in Next Generation Consulting’s Hotspots for Young Professionals

Jacksonville was the only Florida city with a population over 500,000 to rank for Young Professionals to live and work in the U.S.

Steady Stream of Skilled WorkersOur region employs 60,000 people in financial servicesin a variety of front, middle and back office functionswithin banking, investments, mortgage and insurancesectors. Research shows Jacksonville continues tobe a top area for attracting young professionals.

Accountants and Auditors $64,750 $82,805

Bookkeeping, Accounting and Auditing Clerks $34,320 $42,058

Business Operations Specialists, All Other $62,358 $72,030

Computer User Support Specialists $41,808 $55,744

Credit Analysts $67,350 $97,386

Customer Service Representatives $29,370 $37,024

Financial Analysts $66,810 $104,915

Financial Managers $115,315 $163,696

Financial Specialists, All Other $59,488 $75,982

General and Operations Managers $101,941 $139,734

Median Financial Services and Insurance Salaries in Jacksonville

Insurance Claims and Policy Processing Clerks $34,278 $41,891

Insurance Sales Agents $64,771 $64,355

Insurance Underwriters $56,846 $87,381

Loan Interviewers and Clerks $39,083 $40,768

Loan Officers $59,946 $91,0983

Management Analysts $72,842 $94,557

Personal Financial Advisors $60,632 $113,194

Securities, Commodities, Financial Serv. Sales Agents $56,680 $135,117

Title Examiners, Abstractors and Searchers $45,074 $46,654

Training and Development Specialists $42,806 $64,688

Inc. magazine ranked Jacksonville as the

12th Best Large City for Business.

JAX NYC JAX NYC

Forbes ranked Jacksonville in the

Top 10 Cities attracting college grads.

3 Independent Drive Jacksonville FL 32202 904 366 6600 jaxusa.org

FINANCIAL SERVICES

6/2015

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JACKSONVILLE, FL

New York, NY (Manhattan)

Washington, DC

San Francisco, CA

Philadelphia, PAChicago, IL

Minneapolis, MIMiami, FL

Denver, CO

Richmond, VA

Charleston, SC

Kansas City, KS-MO

Houston, TXDallas, TX

Atlanta, GA

Charlotte, NC

Median New Home Price

Cost of Living Index

Utilities Cost Index

AFFORDABLE Cost of Living

Major Colleges and Universities In or Near Jacksonville (2013)

NewGeography ranked Jacksonville in the

“Top 10 for America’s New Brainpower Cities.

Enrollment Bachelors Graduate

Home to two of “America’s Top 10 High Schools” Jacksonville is home to top-ranked public and private K-12 schools. Newsweek named

two Jacksonville high schools, Stanton College Prep and Paxon School for Advanced Studies, in its America’s Top 10 High Schools list.

One of the Best Places to Attend College The American Institute of Economic Research ranked Jacksonville 17 out of 360 mid-sized cities that are the best places to attend college. In 2013, the University of North Florida was named one of the top colleges and universities by Forbes magazine’s “America’s Best Colleges” list. There are more than 20 colleges, universities and community colleges in the area with a total enrollment of more than 65,000 students.

OUTSTANDING Educational Opportunities

University of North Florida (UNF) 16,083 3,177 547

Jacksonville University (JU) 4,157 970 278

Florida State College at Jacksonville (FSCJ) 28,134 588 N/A

Flagler College 2,839 677 N/A

St. Johns River State College 6,127 67 N/A

University of Florida (UF) 49,878 8,515 4,173

University of Central Florida (UCF) 59,589 12,372 2,539

Florida State University (FSU) 40,909 8,105 2,065

Florida A&M (FAMU) 10,743 1,560 277

3 Independent Drive Jacksonville FL 32202 904 366 6600 jaxusa.org

FINANCIAL SERVICES

6/2015

The JAXUSA Partnership is Jacksonville and Northeast Florida’s regional economic development initiative supporting Baker, Clay, Duval, Flagler, Nassau, Putnam and St. Johns counties. Please let us know how we can help grow your company in Jacksonville and Northeast Florida by contacting:

Contact JAXUSA Partnership if your company is

Considering an Expansion or Relocation.

Cathy Chambers, Senior Vice President (904) 366-6667 or cchambers@jaxusa.org

Jacksonville’s Quality of Life is HARD TO BEAT No. 1 Best City for Recreation

Northeast Florida is known for its outdoor recreational opportunities, featuring 90 miles of beaches along the Atlantic Ocean and the majestic St. Johns River for boating, fishing and kayaking. Parenting magazine ranked Jacksonville number one on the list of Ten Best Cities for Recreation. Jacksonville also boasts more than 131 square miles of city, state and national parks – making it the largest urban park system in the nation.

Ninth Best City to ShopForbes magazine ranked Jacksonville as the ninth Best U.S. Shopping City. Jacksonville has several great shopping centers including the newest addition at St. Johns Town Center, an outdoor mall that also features a variety of high-end dining, nightlife, hotels and residential living options.

A Sports Enthusiasts Playground Sports enthusiasts can cheer for the NFL’s Jacksonville Jaguars, the Jacksonville Suns AA baseball team and the new Jacksonville Armada. The region also features more

than 85 elite golf courses, including the famed Players Stadium Course at TPC Sawgrass and the World Golf Hall of Fame.

World-Class Health CareOur region offers a world-class health care system, home to one of only three Mayo Clinic campuses in the U.S. and several other distinguished area hospitals and medical research facilities.

Top Art DestinationAmericanStyle magazine ranked Jacksonville as one of its Top 25 Arts Destinations. Culture lovers will appreciate the Museum of Contemporary Art, Cummer Museum and Gardens and Museum of Science and History, as well as the Jacksonville Zoo and Gardens. The area is also home to several performing arts venues and the world-renowned Jacksonville Symphony.

Top City for Relocating FamiliesJacksonville was ranked in the Top 10 of Mobility magazine’s Best Cities for Relocating Families. The average commute time to work is only 25 minutes. The average cost of a newly constructed 2,400 square foot home in Jacksonville is only $249,361 Our region boasts more than 185 “A-rated” schools with a proven track record of superior performance.

More than 60,000 people are employed in Jacksonville’s financial services industry

Plug-and-play office solutions with competitive lease rates and low taxes

Region’s Fast FACTS: