Vol. 40, No. 1,  Spring/Summer 2002- "The Pennsylvania Geographer "


THE SPATIAL DYNAMICS OF PENNSYLVANIA'S INSTITUTIONAL

INVESTMENT ADVISORY INDUSTRY:

PITTSBURGH VS. PHILADELPHIA, 1983-2000


John E. Bodenman

Department of Geography and Geosciences

Bloomsburg University of Pennsylvania


Abstract



The tremendous growth of the institutional investment advisory industry in Pennsylvania is emblematic of the nation's transition to an information economy. Traditionally, high order financial services located in Pennsylvania like the institutional investment advisory industry have been concentrated in the Philadelphia Central Business District (cBD). However, analysis of the industry's organizational structure and spatial dynamics over the 7983-2000 study period indicates growth of the industry outside of the Philadelphia CBD and across the state in newly emerging centers, particularly Pittsburgh. The Money Management Directory of Pension Funds and their Investment Advisors (1983-2000) provides the data for the analyses. Maps and tables describe the institutional investment advisory industry's spatial organization at both the inter- and intrametropolitan scales.


The Pennsylvania Geographical Society exists to promote effective geographic teaching, research, and literacy.


Click here to contact the webmaster

Powered by Wild Apricot Membership Software