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Parsonex Enterprises is Named to Inc. Magazine's Annual List of Fastest-Growing Private Companies - the Inc. 5000


ENGLEWOOD, Colo., Aug. 15, 2019 /PRNewswire-PRWeb/ -- Inc. magazine today revealed that Parsonex Enterprises is No. 4485 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. Parsonex is a diversified financial services firm that owns two FINRA registered broker dealers, an SEC registered investment adviser and an alternative asset management group focused on real estate development in qualified opportunity zones.

The list represents a unique look at the most successful companies within the American economy's most dynamic segment?its independent small businesses. Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

"We are honored to be recognized as an Inc. 5000 company," said Parsonex CEO Jonathan Miller. "Our growth was fueled by an amazing group of advisors, staff, and partners who made this happen. We have been consistently executing towards our vision of providing excellent advice and service to our investment clients. This recognizes the growth we already knew was there."

Parsonex Financial Services has a network of affiliated independent advisors who have set individual records since joining the firm. Parsonex has plans for continued expansion as its core business continues to grow and is now coupled with broader institutional initiatives. In 2019 the firm launched Parsonex Capital Partners and Parsonex Capital Advisors, a private fund group and alternative asset manager that specializes in real estate and private equity with an initial focus on Qualified Opportunity Zones. You can learn more at http://www.pxcapgroup.com.

Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000's aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.

"The companies on this year's Inc. 5000 have followed so many different paths to success," says Inc. editor in chief James Ledbetter. "There's no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities."

The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.

CONTACT
For additional information please contact:
Stephanie Logan at (303) 662-8700 x.104 or at stephanie(at)parsonex.com

For information on Parsonex visit:
http://www.parsonex.com.

For information on Parsonex Capital Partners and Parsonex Capital Advisors visit:
http://www.pxcapgroup.com

More about Inc. and the Inc. 5000

Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent?not subsidiaries or divisions of other companies?as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media
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. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit http://www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.

 

SOURCE Parsonex Enterprises, Inc.


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