Advanced Business Services

Find your hub in Greater Phoenix

In this new era of office operations, companies are prioritizing markets that meet their needs for in-office, hybrid or remote work styles. Greater Phoenix has emerged as a preferred destination for companies seeking a blend of a competitive operating environment with lifestyle offerings that drive employment retention.

Advanced Business Services Industry Report

Get our 28-page, in-depth report on the advanced business services ecosystem in Greater Phoenix.

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Large Existing Cluster

There has been 20% job growth in core ABS industries since 2014, aligned with regional finance & insurance and headquarters expansion.

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Robust Workforce

Greater Phoenix offers a highly specialized workforce for the ABS, finance and insurance, and back office industries, enabling quick hiring and efficient operations.

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Exceptional Talent Pipeline

Specialized programs at universities across the state train top talent. Arizona provides university alignment and partnerships to match talent to employers. 

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Competitive Operating Costs

In addition to affordable real estate compared to peer markets, Greater Phoenix provides a number of quality programs to further decrease your business’ operating costs. 

Modernized Infrastructure

Freeway expansions, consistent and reliable power coverage, and large airport access make Greater Phoenix a dependable market.

An icon in the shape of a gray-and-red hot air balloon with light blue clouds around it.

Quality of Life

Along with lower cost of living compared to other major metros, Greater Phoenix offers shorter commute times for more free time and more than 300 days of sunshine annually.

Large Existing Cluster

What is Advanced Business Services (ABS)?

Advanced Business Services is a complex and diverse sector that covers a wide variety of specializations and operations. This includes core operations like administrative services, finance and insurance, management services and professional services, as well as front office, back office and headquarters.

Market-leading firms in core ABS industries have critical operations in Greater Phoenix. These companies employ tens of thousands of people in their office locations. Below is a sample of the top ABS employers in the region.

Headquarters

The region has developed an ecosystem that supports businesses in managing a local, national or worldwide workforce and supply chain. From this, more than 100 nationally recognized companies in a wide variety of industry call Greater Phoenix their regional or global headquarters. Below are some of the largest:

Finance & Insurance

Greater Phoenix is home to a number of companies producing disruptive technology in the finance and insurance space. The region can support both startups and transplants, which has led to a number of fintech and insurtech companies moving to the region to join the numerous leading firms that have a significant presence.

Finance leaders:

Insurance leaders:

Major Finance & Insurance Companies in Greater Phoenix

Explore the interactive map below to see more big players in the Greater Phoenix market.

Robust Workforce

Specialized ABS Workforce

Greater Phoenix offers a competitive work environment with a robust supply of employees to ensure positions of all levels and in all departments of ABS, back office, finance and insurance, and others are filled quickly. With dedicated university programs and a large existing cluster, new to market and growing industry leaders in finance and insurance are sure to find success in the region.

Qualified Local Employment

More than 400,000 employees in relevant occupations call Greater Phoenix home. Explore some of the leading roles for advanced business services below, with comparisons to peer markets.

Occupation Phoenix Atlanta Charlotte Dallas Denver San Francisco Tampa

General and Operations Managers

74,607

71,256

21,809

136,774

26,467

43,612

38,044

Software Developers

26,949

36,633

20,539

65,357

28,214

77,033

14,683

Secretaries & Administrative Assistants, Except Legal, Medical, & Executive

24,898

31,986

13,975

44,548

18,572

22,732

15,021

First-Line Supervisors of Office and Administrative Support Workers

24,497

30,242

10,866

53,375

15,199

20,079

17,502

Accountants and Auditors

20,811

31,766

16,369

35,755

22,860

26,835

15,919

Computer User Support Specialists

16,199

17,906

6,314

20,710

10,676

9,968

7,625

Human Resources Specialists

15,845

21,943

9,062

30,047

12,776

18,353

11,160

Management Analysts

14,768

29,937

8,078

18,426

9,288

24,366

10,665

Market Research Analysts and Marketing Specialists

14,451

18,509

9,022

22,199

17,229

23,870

9,227

Financial Managers

11,881

17,112

8,968

24,893

7,944

18,589

8,190

Source: Lightcast 2025 Q4 Dataset

35%

The regional ABS workforce is 35% more concentrated than national average.

100+

Corporate and regional headquarters in Greater Phoenix

404577

Employees in related occupations in Greater Phoenix

Download the full industry analysis for more on the ABS and finance workforce.

ABS Industry Report

Exceptional Talent Pipeline

Innovative Training Programs

Arizona’s institutions of higher education are training the workforce of the future via innovative partnerships and high-quality programs. Whether you are a startup or are looking to relocate your company operations to Greater Phoenix, the region offers easy hiring thanks to a quality workforce pipeline while also driving additional talent to the region due to the excellent quality of life.

Arizona State University (ASU)

ASU has been named the most innovative school by U.S. News & World Report every year since 2015 and has been ranked in the top 1% of the world’s most prestigious universities by Times Higher Education. ASU has partnered with firms, institutions and organizations including the Association for Corporate Growth and National Association of Corporate Directors to produce a high-quality workforce. More than 19,000 students are enrolled in ASU’s highly regarded W.P. Carey School of Business.

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University of Arizona (U of A)

With its primary campus in Tucson, Arizona, and secondary campus in Phoenix, U of A offers a variety of programs significant to ABS employers such as accounting, management and business analytics. U of A’s highly regarded Eller College of Management enrolls more than 8,000 future professionals annually, and the management information systems program is ranked No. 1 among public universities.

Industry-Leading Education Programming

ASU, U of A and other colleges and universities in Greater Phoenix offer programming to ensure high-level education for the future workforce. Below is a small sampling of opportunities.

 

University alignment helps support startups jobs in Phoenix, AZ

AZNext @ ASU W.P. Carey

This public-private workforce accelerator partnership funded by the U.S. Department of Labor connects colleges at ASU, including W.P. Carey with employers, chambers and industry leaders.

University entrepreneurship programs help support the startup ecosystem in Phoenix

Eller Partnerships Office

This initiative allows immersive projects with real-world companies, offers students executive-in-residence opportunities and launched the Consortium for Environmentally Resilient Business.

University programs make Greater Phoenix one of the most competitive tech cities

Maricopa Community Colleges

Maricopa Community Colleges offers certification related to the Securities Industry Essentials (SIE) to prepare students for CPA exams and pre-licensure.

Local graduates

Greater Phoenix produced more than 7,000 graduates in programs relevant to advanced business services in the 2023-24 school year, including legal professions and studies programs, social sciences programs, and business, management, marketing, and related support services.

Certificate

Associate

Bachelor

Master

Doctor

1,485

425

4,468

1,024

344

Source: Lightcast 2025 Q4 Dataset

0.5%

U of A is ranked among the top 0.5% of global universities.

10

ASU's finance and management undergraduate programs are ranked top-10 nationally.

15

Maricopa County Community Colleges District and Central Arizona College operate 15 campuses in the region.

Competitive Operating Costs

Financial Companies in Greater Phoenix benefit from low operating costs and competitive tax rates
Keep Costs Down in Greater Phoenix

Greater Phoenix provides a strong value proposition for finance and insurance operations, with lower operating costs and a larger labor pool than many of its peer markets. When compared to markets like Atlanta, Charlotte and Dallas, Greater Phoenix has significantly lower labor costs.

Arizona Tax Environment vs. Competitor Markets

Greater Phoenix has competitive operating costs for office businesses relocating and starting operations compared to other top markets. The region has lower employee payroll costs, property taxes and unemployment insurance and workers comp. costs than peer metros like Atlanta, Dallas and Denver.

Annual Operating Cost Analysis – Advanced Business Services
Metro Employee Payroll Benefits Real Estate Property Tax Total Operating Cost Index

Phoenix

$13,326,128

$2,120,202

$1,716,000

$2,259

$17,164,589

100.0%

Atlanta

$14,401,907

$2,309,310

$1,872,500

$79,900

$18,663,617

108.7%

Charlotte

$14,263,052

$2,297,102

$1,943,000

$48,240

$18,551,394

108.1%

Dallas

$14,750,124

$2,355,344

$1,603,500

$114,739

$18,823,707

109.7%

Denver

$15,600,074

$2,511,376

$1,917,500

$118,345

$20,147,295

117.4%

San Francisco

$18,388,148

$2,959,849

$4,236,000

$91,000

$25,674,997

149.6%

Tampa

$13,324,037

$2,132,943

$1,750,000

$64,487

$17,271,467

100.6%

Metro comparison: Annual Operating Cost vs. Total Jobs

8.6%

Average sales tax rate

Source: Tax Foundation, 2024

4.9%

Average corporate income tax rate

Source: Tax Foundation, 2024

$0.87

Workers comp. rate (per $100 payroll)

Source: Tax Foundation, 2024

Modernized Infrastructure

Opendoor Expands
Reliable Power

Greater Phoenix has one of the most reliable power grids in the nation, giving consistent power support to the office industry throughout the region. With 71% fewer natural disasters than the adjacent state of California, operations can rest easy knowing operations and productivity are rarely disrupted by outside factors. From 2014-23, Arizona recorded only 16 total hours of power outages.

Phoenix Infrastructure
Grid System

Greater Phoenix was built in the age of the automobile, meaning the streets and highways were created for vehicles, featuring a well-planned grid system that provides convenient access to other west coast markets.

Startup operations in Phoenix can take advantage of quick travel options with reliable airline connectivity
Airline Connectivity

Ideally situated in the southwest, Greater Phoenix not only meets airport logistic demands with cross-country flights and quick access to major metros in California and Texas, but serves as a direct carrier to and from Mexico, Canada, Asia and Europe.

Download the full industry analysis for more on costs, taxes and infrastructure.

ABS Industry Report

Quality of Life

Experience a vibrant lifestyle and diverse culture

Enjoy the outdoors with more than 300 days of sunshine, average temperatures of 75 degrees, convenient access to over 400 hiking trails and globally recognized sporting events. Take part in a vibrant arts and culture scene that includes prominent classical arts to public art to craft markets and a diverse range of music and cultural events. And, eat well with fresh farmers markets in every city, and globally recognized chefs and culinary experiences at your doorstep.

Calculate Your Cost of Living Savings in Greater Phoenix

Select your annual income, monthly mortgage, healthcare and grocery costs to find how much you would save with a move to Greater Phoenix.

Austin
Dallas
Denver
Los Angeles
Portland
San Francisco
Seattle
Annual Income
Monthly Mortgage
5,000
Monthly Healthcare
Monthly Groceries
Total Annual Savings
$

Source: C2ER 2025 Q3 Cost of Living Analysis; Zillow Research July 2025

Did you know?

Greater Phoenix has 50 million square feet of office inventory.