Magellan Financial Expands Topeka, Kansas, Operations

Area Development News Desk

05/20/2026

Financial services company Magellan Financial plans to expand its operations in Topeka, Kansas. The project is expected to create 175 jobs.

“This investment represents Magellan Financial’s long-term commitment to the community, our employees, and the future of our company,” said Jarrod Florence, President of Magellan Financial. “Topeka offers a strong workforce and a supportive business environment that allows our current and future employees to thrive. Working collaboratively with GO Topeka has been instrumental in bringing this expansion to life, and we’re excited to continue growing in a community that shares our vision for sustainable success.”

To support the project, the Joint Economic Development Organization approved an incentive agreement tied to the company’s expansion and job creation plans.

“Projects like this deliver meaningful, long-term benefits for our community by creating quality jobs, strengthening our economy, and reinforcing Topeka’s competitiveness,” noted Rhiannon Friedman, President of GO Topeka. “Magellan Financial’s investment reflects confidence in our workforce and our business climate, and it underscores the impact strategic partnerships and thoughtful economic development can have on Topeka and Shawnee County.”

Magellan Financial is an investment management firm that provides portfolio management and financial services for institutional and retail investors. The company manages investment strategies across global equity and infrastructure markets.

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