Advice for advisers.

• Position: Triangle - Investment management growth in North Carolina - Statistical data

Investment management is growing in North Carolina for many reasons--few of them economic. That's the conclusion of a study by professors at UNC Chapel Hill's Kenan-Flagler Business School. In 2012, industry employment in the state totaled 21,047, up 26% since 2005. That's a 3.3% annual growth rate, compared with 0.5% nationally. One reason: Companies can pay people less than the national average because the cost of living is lower. When asked why they chose North Carolina, most of those responding to a survey portion of the study said they were already living here or came for the quality of life. Only 6% called the state's tax structure "advantageous," so the study recommends economic incentives such as temporary tax credits, tax holidays and differential tax rates on investment income to investment-management companies as well as to wealthy retirees who move here.

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N.C. investment-management industry 2012 Companies Jobs Jobs Projected...