Revenues for Investment-Advice Services Increase 24 Percent in 2004, Census Bureau Reports

U.S. Newswire › December 21, 2005

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Summary

WASHINGTON, Dec. 21 /U.S. Newswire/ -- Revenues for investment- advice services reached $18 billion in 2004 a 24 percent increase from revised 2003 figures according to a U.S. Census Bureau report released today. Investment banking, and security dealings and portfolio management services revenues also featured significant increases.

The report, titled 2004 Service Annual Survey: Securities, Commodity Contracts, and Other Financial Investments and Related Activities, shows revenues for employer firms. Highlights include:

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Revenues for Investment-Advice Services Increase 24 Percent in 2004, Census Bureau Reports

Portfolio management services generated $81 billion...

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