Business & Financial Services
MOVING AT THE SPEED OF BUSINESS
Composed of four categories including business and support services, finance, insurance and data centers, Arizona's business and financial services sector is among the top in the nation. The state’s stable climate, reliable energy and pro-innovation policies allow industry to thrive and pave the way for future technologies.
INDUSTRY HIGHLIGHTS
Data Center Market:
Metro Phoenix
JLL North American Data Center Report, 2024
State for Highest Financial Industry Concentration
Lightcast, 2024
State for Inventory Growth in the Primary Data Center Market Since 2020
CBRE, 2024
INSIDE THE SANDBOX
Arizona was the first state in the nation to launch FinTech and PropTech Sandboxes. These influential platforms cut red tape and enable industry disruptors to drive innovation and collaborate.
TOP BUSINESS & FINANCE TALENT
Arizona’s business & financial services talent pool is growing. With top-ranked universities and resources designed for success, the state’s workforce is equipped to excel now and in the future.
Business & Financial Services News
TEMPE, AZ (October 14, 2025) — Kestra Holdings, a leading wealth management company serving independent financial professionals and firms nationwide, today announced the planned opening of a secondary headquarters in Tempe, Arizona. Kestra will maintain its primary headquarters in Austin, Texas, while its presence in Tempe will help accelerate its ability to scale operations and deliver even greater support to its growing network of more than 1,700 financial advisors nationwide. Kestra’s Tempe location is anticipated to create a projected 250 new jobs over the next 18-24 months. Initially, the new office will house client service and operations teams, with additional business functions to follow in future phases.
READ MORE about Kestra Holdings Expands National Presence With New Secondary Headquarters In Tempe »PHOENIX, AZ (September 19, 2023) – Clayco, a full-service, turnkey real estate, architecture, engineering, design-build and construction firm, today celebrated the grand opening of its southwestern regional headquarters in Phoenix, Arizona. The 48,000-square-foot office occupies the entire third floor located at 4300 E. Camelback Rd. and currently houses over 400 employees, which support several thousand skilled workers throughout the state.
READ MORE about Clayco Celebrates Grand Opening Of Southwestern Regional Headquarters In Phoenix »