Tampa Bay, Sarasota become alluring options for financial services

With Miami and New York becoming more expensive, a number of firms are looking at Tampa Bay for locations and talent.

  • By Jim Stinson
  • | 5:00 a.m. September 1, 2023
  • | 0 Free Articles Remaining!
Mary Tran, associate vice president of investment management for Selby Jennings.
Mary Tran, associate vice president of investment management for Selby Jennings.
Photo by Mark Wemple
  • Tampa Bay-Lakeland
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The Tampa Bay and Sarasota regions could be the "next frontier" for financial companies, as costs soar in larger U.S. cities known for harboring such industries.

The cost factor, the lower cost of doing business, has led some finance companies, even those within Florida, to eye Tampa Bay and Sarasota, according to economic development officials.

 

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