Baystate Financial Revenue, Growth & Competitor Profile

DBA BAYSTATE FINANCIAL SERVICES LLC

Company Profile & Annual Report for Baystate Financial

Access the complete profile.

Baystate Financial Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	52421 Insurance Agencies & Brokers
Additional NAICS Codes	52393 Financial Planning & Investment Advice
Address	1 Marina Park Drive 16th Floor Boston, MA 02210

Note: Revenues for privately held companies are statistical evaluations.


Baystate Financial's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Baystate Financial's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Baystate Financial is classified as operating in the Insurance Agencies & Brokers industry, NAICS Code 52421.

Baystate Financial Annual Revenue and Growth Rate

Baystate Financial	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Baystate Financial's revenues are gauged from an analysis of company filings.

Baystate Financial's Income Statement (based on Industry Averages)

Baystate Financial P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Market Share of Baystate Financial's Largest Competitors

A competitive analysis shows these companies are in the same general field as Baystate Financial, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
SAGEWELL HEALTHCARE BENEFITS TRUST	Pittsburgh, PA	100
LOS ANGELES CITY EMPLOYEES ASSN.	Los Angeles, CA	10
SEQUOIA ONE PEO	Tempe, AZ	5
ARTHUR J. GALLAGHER	Itasca, IL	4
MARSH & MCLENNAN COMPANIES	New York, NY	4
WILLIS NORTH AMERICA	Nashville, TN	3
IOWA BANKERS MORTGAGE	Johnston, IA	3
LOCKTON	Kansas City, MO	2
HUB INTERNATIONAL LIMITED	Chicago, IL	2

Nearby Competitors

These companies are similar in business line and location to Baystate Financial. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
MEDICAL PROFESSIONAL MUTUAL INSURANCE	Boston, MA	100
RISK MANAGEMENT FOUNDATION OF HARVARD MEDICAL INSTITUTIONS	Boston, MA	29
BAYSTATE FINANCIAL	Boston, MA	15
MASSDRIVE INSURANCE GROUP	Boston, MA	14
BAYSTATE WEALTH MANAGEMENT	Boston, MA	2
MODERN CAPITAL EXECUTIVE SOLUTIONS	Boston, MA	2

Future Competition: Baystate Financial's Fastest Growing Competitors

These companies are in the same general field as Baystate Financial and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)