The Colony Group Named to Inc. 5000 Fastest-Growing Companies
BOSTON, Aug. 19, 2015 /PRNewswire/ -- The Colony Group, LLC, an independent, fee-only, financial advisory firm, announced today that Inc. magazine has named it one of the Top 5000 Fastest-Growing Private Companies in the country. The firm was also recently named to the Boston Business Journal's list of Fastest Growing Private Companies in Massachusetts.
"We are thrilled to be recognized as one of the country's fastest growing companies by Inc. magazine," said Michael Nathanson, Chairman and CEO of The Colony Group. "Over our nearly 30 years in business we have seen steady growth both in assets under management and revenue. We also have expanded our geographic footprint to serve clients out of six offices across the east coast. As we continue to seek out strategic growth opportunities, our corporate philosophy remains focused on delivering exceptional service to our clients and helping them meet their unique and complex financial planning and investment needs."
From 2011 to 2014, The Colony Group experienced revenue growth of 132% and increased its staff by 66%. As a result, the firm has added several key relationships to its growing client roster. The firm continues to expand and strengthen its offerings, including acquiring a Richmond-based registered investment advisor with a strong institutional practice in March 2015 and appointing a new Chief Marketing Officer and President of Client Services.
About The Colony Group, LLC
The Colony Group is an independent, fee-only, financial advisory firm with over $5 billion in assets under management and almost 90 employees in offices in Massachusetts, New York, Virginia, and Florida. Founded in 1986, The Colony Group provides high-net-worth individuals and families, corporate executives, professionals, and institutions with deep expertise that goes beyond investment management and encompasses the full suite of financial advisory services, including asset allocation, tax, estate, retirement, and philanthropic planning, and cash and risk management. For more information, please visit www.thecolonygroup.com.
More about the Recognition Methodology
The 2015 Inc. 500/5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million.
Boston Business Journal's "Pacesetters" Fastest-Growing Private Companies in Massachusetts
The 2015 "Pacesetters" list is comprised of 70 firms, ranked based on the percentage of growth from 2011 to 2014. To qualify, firms must be headquartered or co-headquartered in Massachusetts.
CONTACT: Rachel Cambio, 1-617-723-8200
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SOURCE The Colony Group
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