NEW YORK, Aug. 23, 2011 /PRNewswire/ -- Inc. magazine today ranked WTP Advisors in the top 15 percent of its fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs. WTP Advisors joins Spirit Airlines, television maker Vizio, and Dunkin Donuts, among other prominent brands featured on this year's list. WTP was ranked 572 out of 5000.
WTP Advisors, an award-winning global tax and business advisory consultancy, was also recognized earlier this year by Fortune magazine in its David vs. Goliath column which noted WTP's ability to win Fortune 500 clients away from the Big Four accounting firms.
"WTP was founded on the idea that we could do a better job serving clients than the old guard of the accounting world. In less than a decade, our vision has come to fruition: we've created an entirely new industry model for client service, and have won contract after contract from some of the biggest companies in the world. We're grateful that our success has been recognized by Inc. magazine, and counted among so many other well-deserving and prestigious companies," says Michael Minihan, co-founder and partner of WTP Advisors.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year's list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
"More than ever, this year's list is a testament to the creativity, resilience, and tenacity of America's top entrepreneurs," wrote Inc. magazine Editor-in-Chief, Jane Berentson, in a letter to WTP Advisors.
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 www.inc.com/5000.
About WTP Advisors
WTP Advisors is a leader in tax and business advisory services for a global marketplace. Our highly skilled professionals equipped with years of industry experience, coupled with our cutting-edge technologies, make substantive and long-term differences to an organization's profitability. WTP Advisors is headquartered in White Plains, New York, with offices across North America, Asia and Europe
Inc. 500|5000 Methodology
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
SOURCE WTP Advisors