Financial & Professional Services

Financial/Shared Services sectors play an important role in Northwest Florida. In addition to employing thousands of residents, the sector serves as an essential support service for other industries and contributes to the regional economy. With a Northwest Florida location, your company can benefit from:

  • Abundant qualified, multilingual labor
  • Lower overall business costs
  • Non-congested airports with direct flights to major financial centers
  • Favorable rental costs for office facilities
  • Cost effective electricity for IT-intensive operations
  • Strong broadband infrastructure in areas along I-10

The region is home to the world’s largest credit union, Navy Federal Credit Union. The company plans to employ 10,000 people in Northwest Florida, which will have an economic impact of $4.2 billon in the region.

Our laborshed has the following Financial and Shared Services related companies:

  • 628 Commercial Banking
  • 558 Administrative Management and General Management Consulting Services
  • 410 Offices of Certified Public Accountants
  • 240 Office Administrative Services

Northwest Florida is home to over 50,000 quality finance and management professionals and has seen significant growth in IT and Shared Services jobs over the last five years:

  • 56% growth in Credit Unions jobs
  • 35% growth in Administrative Management and General Management Consulting Services jobs

  • 22% growth in Corporate, Subsidiary, and Regional Managing Offices jobs


Our existing ecosystem for financial and professional services leverages Florida’s superiority in workforce, global access, innovation and affordability.


  • Existing Workforce: Northwest Florida has a 100,000+ professional services workforce
  • Talent Pipeline: Florida State University’s College of Business is ranked 13th in the U.S. by U.S. News & World Report

Global Access

  • Northwest Florida has 3 commercial airports with 40+ direct flights to various U.S. cities

Entrepreneurship and Innovation

  • Incubators: Co:Lab in Pensacola and TechFarms in Panama City 
  • Capital: TechFarms Capital offers Angel Funding for High Tech Start Ups
  • Mentorship: Pensacola, FL offers MIT's Venture Mentoring Service to local entrepreneurs
  • Conferences: EntreCon Pensacola
  • Tech Transfer: The Doolittle Institute assists with "spinning out" military technology from the Air Force Research Laboratory to commercial markets


  • Florida is ranked 4th in State Business Tax Climate by The Tax Foundation

Business Cost Advantages

Northwest Florida will benefit from $1.5 billion in economic development enhancements, such as workforce training and infrastructure, over the next 15 years. Additionally, Florida ranks among the best states for business because of its pro-business tax policies and competitive cost of doing business. Your company can benefit from inducements to help offset initial costs when locating a new or expanding your existing business in Northwest Florida. Your business dollars go further given the state's limited corporate taxes and your employees benefit from 0% state personal income tax.

Learn more about incentives your business can take advantage of with a Northwest Florida location.

Featured Companies


Started in 1992, Avalex has grown and expanded from a single product line to seven distinct products offering numerous options to special mission operators. With 25 years of experience in every aspect of the development of displays, smart displays and tablets, mapping systems, digital video recorders, cockpit management units, and mission computers including hardware and software integration, Avalex incorporates the latest technologies to customize products to meet specific customer requirements.

Hixardt Technologies

Hixardt Technologies has been crafting custom, secure IT solutions for organizations of every size for over 20 years. They provide IT management and support, cybersecurity, disaster recovery, compliance oversight, cloud services, and more.

Navy Federal Credit Union

Navy Federal employs more than 8,000 people at their Pensacola operations campus. Their workplace has been recognized among "best places to work" by Fortune, Forbes, and Computerworld.



Florida’s Great Northwest is here to provide you the practical, on-the-ground resources and support you need for your business location/expansion project. From incentives to site selection to workforce development, we’ve got the expertise and connections to help your business be even more competitive with a Northwest Florida location.

Contact Us