Press Releases
Stoker Ostler Wealth Advisors Earns National Recognition Among Inc. 5000 - Fastest Growing Private Companies
Stoker Ostler Wealth Advisors Only Wealth Advisory Firm to Rank in Top 50 Fastest Growing Companies in the Phoenix-metro Area
Scottsdale, Ariz. (October 3, 2007)…Phil Stoker and Creg Ostler, managing partners of Stoker Ostler Wealth Advisors (formerly Private Wealth Management), announced today that the firm has been nationally ranked by the prestigious Inc. magazine, as one of the Inc. 5000 - Fastest Growing Private Companies and was the only wealth advisory firm ranked in the top 50 fastest growing companies in the Phoenix-metro area.
For more than 25 years, Inc. has been ranking the 500 fastest-growing private companies in America. This year, Inc. expanded the list tenfold, to create the first-ever Inc. 5,000. This list offers the most comprehensive look at the entrepreneurial engines driving the U.S. Economy and the dynamics that have lead to their success.
“It is quite on honor to be recognized among some of the most successful companies in the nation,” said Ostler. “We owe much of our achievement to our amazing clients and business fellows who have experienced with us a tremendous growth in the past few years, and who share with us our ambitious goals for the future.”
The Inc. 5,000 is ranked according to percentage revenue growth for four full calendar years of sales, ranging from 2003 through 2006. In 2003, qualified companies must have earned revenue of $200,000, and revenue in 2006 must have been at least $2 million. Additionally, companies had to be U.S. –based, privately held and independently owned and operated as of December 31, 2006.
Earlier this summer, Wealth Manager magazine ranked Stoker Ostler among the top 200 wealth management firms in the country, with average assets under management of just over $1.67M per client. Currently, the firm manages over $780,000,000 in assets overall. The firm is also listed in The Business Journal Book of Lists as the fourth largest investment advisory firm in Arizona.
Stoker Ostler is a fee-only wealth management firm that specializes in managing investments and providing financial planning for private individuals and families, small-to-medium sized institutions and non-profit organizations with investment assets of $500,000 or more. Over its decade of service, the firm has grown from the original two founders to a firm of 25 employees with locations in Arizona and Utah.
To view the entire 2007 Inc. 5,000 list visit http://www.inc.com/inc5000/.
For more information, visit www.StokerOstler.com.
About Stoker Ostler Wealth Advisors
Founded in 1997, Stoker Ostler Wealth Advisors, formerly Private Wealth Management, is a fee-only wealth management firm that specializes in managing investments and providing financial planning for private individuals and families, small-to-medium-sized institutions and nonprofit organizations with investment assets greater than $500,000. In addition, the firm provides reporting, periodic rebalancing and active tax management services for its clients.
As of June 2007, Stoker Ostler manages over $780,000,000 in total assets. Additional areas of expertise include: retirement planning, 401(k)/IRA distribution and issues related to the death of a spouse, divorce, inheritance and stock options.
The firm’s founders, Philip Stoker and Creg Ostler, have more than 50 years of combined experience in wealth management. Stoker Ostler is employee-owned, allowing the company to steer clear of conflicts of interest that can arise when wealth managers are aligned with a product-based financial service company. Stoker Ostler’s independence, combined with the long-standing relationships cultivated with other financial professionals, allows the firm to provide successful, unbiased financial guidance, based solely on the needs and expectations of each client.
Stoker Ostler is headquartered in Scottsdale, Ariz. with an additional office in Utah. For more information, call (480) 890-8088 or visit www.StokerOstler.com.