Nine Leading Massachusetts Financial Firms Listed as “Fastest-Growing Private Companies” in Inc. 500|5000 Magazine List
BOSTON, MA (PRWEB) November 06, 2013 -- Nine Massachusetts financial businesses were named to Inc. 500|5000 List1 of Fastest-Growing Private Companies for 2013. These companies earned between $3.7 and $58.7 million dollars in revenue and have grown between 35 and 494 percent over the past three years.
The winning businesses, in order of rank among the Massachusetts companies, include:
1. Boston Technologies
2. radius financial group inc.
3. Lexington Wealth Management
4. Mortgage Master, Inc.
5. New England Investment and Retirement Group
6. Salyent Technologies
7. Leader Bank
8. GW & Wade
9. Baystate Financial Services
Boston Technologies (BT) is an innovative leading provider of software, solutions, services and trading platforms to institutional and retail brokerage firms in the foreign exchange, CFD (contracts for difference), commodities, futures and options marketplace. BT specializes in inter-exchange connectivity and provides mission critical IT services that are tailored to fit their client’s specific requirements, allowing them to focus on their core trading activities.
BT has made the Inc. 500|5000 List as one of the nation’s fastest growing private companies for three years in a row. BT first appeared in the rankings of the Inc. 500 List at #143. In addition to being a part of this year’s list, BT was voted the fasted growing company in Boston with an Elite Pacesetter designation by the Boston Business Journal.
BT’s success has been based on the continuous refinement of their three core principles; client focus, team development, and dynamic innovation, allowing the firm to consistently grow its customer base while providing tremendous opportunities to its employees and key business partners.
radius financial group inc., a leading mortgage bank in New England, has been ranked by Inc. Magazine as one of the nation’s fastest growing companies for the fifth consecutive year. With a commitment to delivering a better experience to borrowers, radius has been nationally and locally recognized for its continued growth and achievements. Headquartered in Norwell, MA, radius has offices in Woburn, Mansfield, Orleans, West Springfield and Westwood, Massachusetts with New Hampshire offices in Bedford and Rochester. Radius provides services to borrowers in Massachusetts, New Hampshire, Rhode Island, Maine, Connecticut and Florida.
Sarah Valentini, principal of radius, attributes the company’s growth to superior customer experience. “I really believe that’s been the key to our continued success, and what’s allowed us to ride the ups and downs of the industry’s economic cycles,” said Ms. Valentini. “It’s a true thrill to make the list five years in a row.”
Lexington Wealth Management is a boutique, fee-only, conflict free, wealth management firm that provides concierge services. The firm is based in Lexington, MA and New York City and serves both high net worth and family office clients. Using a novel approach that’s about more than money, Lexington Wealth develops a comprehensive understanding of clients’ lives and provides an equally comprehensive reporting package that captures every detail of the client's portfolio. Lexington Wealth Management employs forward-thinking strategies to show its clients the most effective pathways to preserving its wealth, achieving peace of mind and retaining control over their financial life.
Lexington Wealth has been recognized as Top Wealth Advisors in the Nation by Wealth Magazine, Top 500 Inc. Growing Company in 2011, 2012, and Inc. 5000 in 2013. Lexington was recognized as one of the Top 50 Women Owned RIA Firms in the nation in 2012, and was featured on the cover of Financial Planning Magazine this September.
Mortgage Master, Inc. is a Massachusetts based company founded in 1988 by Mr. Leif Thomsen. Since then, the Company has grown to be one of the largest privately owned lenders in the nation, and the largest volume lender of mortgages in Massachusetts. In 2012, Mortgage Master assisted nearly 24,000 borrowers and funded over $7.3 billion in loan volume. Mortgage Master employs more than 750 employees nationwide, with over 260 loan experts providing loans and services in 22 states and the District of Columbia.
The corporate headquarters is located in Walpole, MA, in a 56,000 square foot office complex, and has satellite offices in California, Connecticut, Florida, Illinois, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Virginia. For more information please call 888-263-1435 or visit http://www.mortgagemaster.com/corporate/.
New England Investment and Retirement Group, Inc. (NEINV) is an Independent Advisor offering comprehensive financial planning and wealth management solutions for both individuals and corporations. The firm is based out of North Andover, MA and was founded by current President Nick Giacoumakis in 1995. The Company prides itself on providing customized investment management strategies and wealth management plans that help hundreds of clients achieve their goal of financial independence.
This is the third consecutive year NEINV has been named to the Inc. 500|5000 List of Fastest-Growing Private Companies. “I am very appreciative of NEINV’s loyal client base and dedicated staff,” says Giacoumakis. “We are very excited to have strengthened our infrastructure so we can maintain our high caliber service with increased offerings for continued growth in 2014.”
Other companies named to the list include Salyent Technologies (1260), Leader Bank (3007), and GW & Wade (4414), and Baystate Financial Services (4883). They could not be reached for comment.
For over thirty years, Inc. Magazine has been providing insight and advice to millions of entrepreneurs and business owners. In 1996 the company launched the magazine online with the URL Inc.com.
Inc. Magazine’s ranking of the fastest growing privately held companies, which it began in 1982, is one of its most popular features. Originally, the list began as the Inc. 500, highlighting the 500 fastest growing privately held companies. In 2007 this list was enhanced to include the 5,000 fasted growing privately held companies so its readers could become more aware of the entrepreneurial landscape and learn about this important and growing segment.
About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000, 000 today. For more information, visit http://www.inc.com .
1The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. Performance returns are not a criteria for ranking. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue, which can be found at http://www.inc.com/500. The number in parentheses represents each of the 9 companies among the total 5000 listed. The commentary where available beneath each of the companies list was provided by the company in reaction to the listing.
Bridget Connelly, LEVICK, 202-973-1352, [email protected]
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