A look at the top retirement industry groups who made Inc. 5000’s fastest-growing list
Business media group Inc. dropped its latest coveted Inc. 5000 list this week, including several key retirement industry organizations in its catalogue of the fastest-growing private companies in the U.S.
According to Inc., its 2024 list represent companies that have “driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges.” These companies have navigated and succeeded past a global pandemic and are proven to generate economic growth in the coming years. Companies included in the Inc. 5000 list have produced 874,940 jobs in the past three years, and among the top 500 companies, the median three-year revenue growth is 1,637%.
“One of the greatest joys of my job is going through the Inc. 5000 list,” said Mike Hofman, editor-in-chief of Inc, in a statement. ” Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
To be featured in the Inc. 5000 list, companies must have been founded and generated revenue by March 31, 2020, and must be U.S.-based, privately held, for-profit, and independent. These companies must have also generated at least $100,000 in revenue for 2020 and a minimum of $2 million in 2023.
While readers can now find online features of all 5,000 companies on Inc.com, the top 500 companies will appear in Inc.’s September issue, slated to be on newsstands Tuesday, August 20.
Within those 5,000 companies includes several financial advisory firms, wealth managers, and fintech platforms poised to disrupt the market within the next years, and even some who landed the top 500 list.
See in the next pages for those who placed in the leading spots, and click here for a more comprehensive list of the 5,000 companies disrupting the market.