The 2014 Nationwide Fastest-Growing Firms

There are many ways to achieve growth, and firms around the country are looking for the model that best fits their environment, practice mix and culture. Many firms choose to grow by acquisition, and can quickly grow by 50%, 75%, or in rare cases, 100% in one year.

IPA chooses to recognize those firms that are growing organically – through solid business development efforts, niche development, new service offerings and finding more services to provide current clients. 2013_Fastest-Growing_Artwork

Fastest-Growing Firms Over $15 Million

The Fastest-Growing Firms Over $15 Million averaged 17% organic revenue growth last year. As a group, their practice mix is made up of audit (36.5% of total net revenue), tax(30.1% of total net revenue) and non-traditional services making up one-third of the total.

Significant service areas for these firms include computer consulting, wealth management services, health care consulting, governmental consulting, payroll processing and fund administration, to name a few.

Fastest-Growing Firms $2 Million – $15 Million

The Fastest-Growing Firms $2 Million – $15 Million averaged 28% organic revenue growth last year. As a group, their practice mix is made up of audit (47.1% of total net revenue), tax (43.2% of total net revenue) and non-traditional services making up 9.7%. Three of these 10 firms report they have a business development director on staff, assisting with generating these enviable growth rates.

View the full list of the 2014 IPA Nationwide Fastest-Growing Firms