NAICS 523120 · Michigan

Securities Brokerage Business Names in Michigan

Michigan has 563 securities brokerage locations, ranking #13 of 51 states and D.C. and making up 2.4% of the U.S. total.

Name ideas for a Michigan securities brokerage business

Before you commit, search the Michigan business entity database (linked below) to make sure the name is not already registered there.

Securities Brokerage in Michigan by the numbers

563Business locations (establishments)
3,950Paid employees (mid-March) (approximate)
$845,149,000Annual payroll (approximate)
$213,962Average pay per employee
7.0Average employees per location
#13 of 51Rank among states
2.4%Share of U.S. locations

Locations by number of employees in Michigan

1-4399
5-975
10-1946
20-4929
50-9911

Source: U.S. Census Bureau, County Business Patterns 2022. Counts cover employer establishments (businesses with paid employees); self-employed owners without staff are not included. Small establishments with 1–4 employees include those that reported no paid employees in mid-March.

Register your business name in Michigan

In most states you check name availability and form an LLC or corporation through the Secretary of State (or equivalent) office, then register with the state tax and labor agencies if you will collect sales tax or hire employees. Official Michigan links:

Official state agency links as listed by the IRS on its Michigan state links page. Filing fees and steps change, so confirm current requirements with the agency before you file.

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Other states for securities brokerage

See the national securities brokerage page → · Top industries in Michigan →