For the fourth year in the row, Krilogy Financial® has earned a position on the 2017 annual list of Fastest Growing Privately Held Companies in St. Louis. The list, researched and compiled by the St. Louis Business Journal, ranks companies by revenue growth over a three-year period from 2014-2016.
Kent Skornia, Krilogy’s President and CEO, attributes this growth to several developments the firm saw in 2016, including the acquisition of The Sher Group and the addition of OPTIMUM Wealth Management. The addition of the two firms last year grew Krilogy’s assets under management and team of advisors.
In addition, Krilogy’s strong wealth management platform is adding clients with larger assets who are in need of more sophisticated wealth management techniques, an area in which the firm excels as a result of its large investment in the portfolio and wealth management platform in recent years.
“I committed to building Krilogy’s platform to allow senior advisors with mature practices to give extraordinary value to their client experience,” said Skornia. “The effort has helped our senior advisors grow their practices by an average of 20% in the last year due to their increased ability to spend more time on their unique personal situations, and helping their clients accomplish their goals.”
Krilogy remains in acquisition mode in 2017, and continues to recruit junior and senior advisors to join the team.
The list of this year’s Fastest Growing Privately Held Companies can be viewed in its entirety on the St. Louis Business Journal website.
1 Krilogy provided revenue numbers prepared independently by an outside accounting firm. Krilogy did not pay a fee to be a part of this list.