Financial Services

Fort Wayne and Allen County have a long history with the financial services industry from insurance to general banking.

Several notable companies, including Lincoln Financial Group and Ash Brokerage, were founded in Fort Wayne. With over one hundred years of insurance history and expertise Fort Wayne and Allen County are well-placed for the successful expansion of existing Indiana companies in the financial services industry and exciting growth for new or relocating Indiana companies.

In addition, Medical Protective, Aetna U.S. Healthcare, K & K, Brotherhood Mutual, and Swiss Re all find a place in Fort Wayne and Allen County's financial services industry. These companies benefit from our proximity to major metros, our comprehensive fiber optic infrastructure, compliments of Verizon, and our smart workforce, of which the financial services industry employs over ten-thousand people.

Major Employers
Lincoln Financial Group
1,750
Medical Protective Company
294
K&K Insurance Group, Inc
275
STAR
262
Brotherhood Mutual Insurance Co.
254
Swiss Re
250
Ash Brokerage Corp.
181
PNC
175
J. P. Morgan Chase
172
Three Rivers Fed. Credit Union
165
For a more extensive listing of financial services employers with additional detail, please visit our Major Employers page.

Major Employers Map
 
 
More Maps Available in the Map Room

Annual Average Wages By Occupation, 2008
 
Allen
U.S.
Allen/U.S.
Management
$90,783
$100,310
90.5%
Business & Financial Operations
$55,986
$64,720
86.5%
Computer & Mathematical
$65,845
$74,500
88.4%
Life, Physical, & Social Science
$48,550
$64,280
75.5%
Legal
$71,177
$92,270
77.1%
Arts, Design, Entertainment, Sports, and Media
$36,405
$50,670
71.8%
Healthcare Practitioner and Technical
$62,874
$67,890
92.6%
Building and Grounds Cleaning and Maintenance
$24,635
$24,370
100.1%
Sales and Related
$35,010
$36,080
97.0%
Office and Administrative Support
$29,815
$32,220
92.5%
Source: Bureau of Labor Statistics, OES and Indiana DWD

Educational Opportunities

With 10 colleges and universities in Fort Wayne offering business degrees and an enrollment of over 27,000 students, an educated workforce is available and qualified. Annually, more than 1,000 students receive bachelor degrees in accounting, finance or MBAs, with an additional 400 receiving associate degrees or certifications in accounting.  Below are just a few of the specialized training available in Allen County to help serve the financial services industry:

  • IVY TECH - IVY Tech has a main campus in Fort Wayne and enrolls more than 7,000 students annually. Business Administration is one of the top five programs at Ivy Tech Fort Wayne.
  • IPFW - IPFW is home to the Richard T. Doermer School of Business and Management Sciences that offers degrees in Accounting & Finance, Economics, and Marketing & Management. In 2007 IPFW established the Institute for Pension Plan Management. The Institute will serve a currently unmet need by supporting local, regional, and national retirement plan and employee benefits providers through education, training, credentialing, research, and technical support.
Indiana is one of only a handful of states with three universities offering insurance and actuarial degrees: Purdue University, Indiana University and Ball State University.
  • INSPIRE - Indiana Specific Insurance Related Education covers training costs for insurance recognized training and can be matched up to 50 percent by the Indiana Economic Development Corporation.