oXYGen Financial Named one of Inc. 5000's Fastest Growing American Businesses Atlanta Company Sees 264% Top Line Growth Over Three-year Period
ATLANTA, Dec. 3, 2013 /PRNewswire-iReach/ -- oXYGen Financial Inc., an Atlanta-based independent financial advisory firm, was named No. 1514 on the seventh annual Inc. 5000 list, a ranking of the nation's fastest-growing private companies. According to Inc. magazine, the list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs. oXYGen Financial joins LivingSocial, Edible Arrangements, CDW and Lifelock, among other prominent privately-owned companies featured on this year's list.
"We're humbled by this honor and proud to find ourselves in such good company," said Kile Lewis, who along with co-founder and co-CEO Ted Jenkin established oXYGen in XXXX. "While it is great that Inc. recognized our fantastic growth over the last three years, we are most excited by the number of grateful clients we are able to serve and the direction our company is taking. We continue to find new ways to grow our business, while maintaining what makes us uniquely oXYGen Financial. One of our growth strategies going forward is to offer a nationwide franchise opportunity to other like-minded, independent financial advisors.
WINNING IN A STAGNANT ECONOMY
In a stagnant economic environment, median growth rate of 2013 Inc. 5000 companies is an impressive 142 percent. The companies on this year's list report having created over 520,000 jobs in the past three years. Aggregate revenue among the honorees reached $241 billion.
"Not all the companies on the Inc. 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy," says Inc. Editor Eric Schurenberg.
Ted Jenkin and Kile Lewis created oXYGen Financial with the goal of changing the future of the financial services industry. oXYGen Financial is a financial and lifestyle management company that understands that life isn't about income statements and balance sheets. With many of the major financial services firms focusing strictly on the baby boomer generation, Ted and Kile saw a need to build a firm that would cater to the personal financial advice needs of Generation X and Generation Y clients. Helping clients "breathe easier® about their financial future" with a balance of a high touch and high tech drives the two GenX founders.
"Kile and I share a passion," said co-founder and co-CEO Ted Jenkin. "Through our national network of financial advisors and franchising opportunity, we aim to make oXYGen Financial a leader in the financial services industry. While our focus has been on serving GenX and GenY, with a goal of providing independent, objective financial advice and a touch of fun, we've been happily surprised by the interest expressed by younger Baby Boomers who've basically raised their hands and said 'me too – I want some of that.' It's gratifying work – and we have a ton of fun while we're at it."
The 2013 Inc. 5000 ranks privately-owned businesses according to percentage of revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserved the right to decline applicants for subjective reasons. Companies on the Inc. 5000 are featured in Inc.'s September 2013 issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/5000.
About oXYGen Financial
Ted Jenkin and Kile Lewis are co-chief executives and founders of oXYGen Financial, an independent financial advisory firm that focuses on working with families and small business owners within the X & Y Generations. oXYGen Financial is one of the Top 5 performing branch offices within the Investacorp, Inc. broker/dealer system. Their mission is to help clients breathe easier® about life by providing financial advice, wealth management, insurance, group benefits, and tax and accounting services. oXYGen Financial also offers coordination of legal services and concierge services. To learn more, visit www.oXYGenfinancial.net.
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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
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SOURCE oXYGen Financial