Companies on the 2021 Inc. 5000 Regionals: California list had an average growth rate of 535 percent.
Newport Beach, March 18, 2021 – Inc. Magazine today revealed that Spinnaker Investment Group is No. 216 on its second annual Inc. 5000 Regionals: California list, the most prestigious ranking of the fastest-growing California-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the California economy’s most dynamic segment, its independent small businesses.
“A significant amount of our growth has come from client referrals and investors leaving banks and larger brokerage houses to get more personal service,” said Morgan Christen, Co-Founder and Chief Investment Officer of Spinnaker Investment Group.
The companies on this list show stunning rates of growth across all industries in California. Between 2017 and 2019, these 250 private companies had an average growth rate of 535 percent and, in 2019 alone, they employed more than 40,000 people and added nearly $7 billion to the California economy. Companies based in major metro areas Los Angeles, the Bay Area, and San Diego brought in the highest revenue overall.
Complete results of the Inc. 5000 Regionals: California, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/california starting March 16, 2021.
“This list proves the power of companies in California no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
About Spinnaker Investment Group
An independent practice that does not represent a specific company, bank or Wall Street institution, Spinnaker Investment Group confidently and autonomously advises clients with individually tailored financial strategies designed to achieve financial independence goals. The firm’s services include Financial Planning, Wealth Planning, Retirement Planning, Asset Management, Securities and Insurance.
Spinnaker serves a broad customer base throughout Southern California, as well as many clients based across the United States. For the past three years, Spinnaker has been recognized as one of the fastest-growing privately owned small businesses by the Orange County Business Journal. The firm’s approach to client success is to combine carefully researched wealth management guidance and a wealth of human capital, with a style that is both high-touch and high-tech. For more information, visit www.SpinnInvest.com.