New York, NY, August 20, 2014 – Inc. Magazine, an online and print publication aimed at entrepreneurs and business owners, released its thirty-third annual Inc. 500|5000 list of fastest growing private companies in America. This marks the third year that Innovest has ranked as one of the fastest growing private companies in the United States. From 2006 through 2011, Innovest's revenue grew at a compound annual growth rate of almost 30%. As a leader in the trust and wealth management technology market, Innovest's systems process over 4 million payments per year and accounts for assets with an aggregate market value of more than $425 billion.
Innovest provides modern-era solutions to banks, trust companies, and other financial institutions. The platform empowers Innovest's clients to acquire new customers and assets, invest customers' assets effectively, manage trust and investment portfolios efficiently, and flexibly report results back to its customers.
Since 2012, Innovest has added significantly to both its product offerings and client list. A full-service payment solutions platform is now available as well as a fulfillment services division handling a full range of print capabilities. Together, these two offerings greatly enhance Innovest's clients' ability to address the industry's increasing focus on income distribution as Baby Boomers retire. Custody, mobile applications, an investment policy statement generation tool, and CRM are also among the list of product expansions that are now available to Innovest customers.
"We are very excited to again join other successful companies on the 2014 Inc. 500|5000 list of fastest growing private companies in America," said William Thomas, Innovest's chief executive officer. "At Innovest, we are committed to providing innovative solutions for forward-thinking financial professionals. It is our goal to empower our clients with the tools and technologies they need to successfully grow their business."
Innovest is a leading provider of financial technology solutions delivered to forward thinking trust, wealth management, and retirement professionals. Innovest's solutions empower its clients to acquire new customers, invest assets effectively, manage trust and investment portfolios efficiently, and flexibly report results to customers. Innovest has over $425 billion in assets under administration on its trust and wealth management platform, processes more than 4 million payments annually and provides fulfillment services for more than 10 million documents including checks, advices, and tax forms each year. For more information about Innovest, visit www.innovestsystems.com.
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Media: Fraylie Nord