Inc. Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000
Lone Beacon Recognized on the 2020 Inc. 5000 Based on their Rapid and Sustained Growth
NEW YORK, August 12, 2020 – Inc. magazine revealed that Lone Beacon is No. 2,582 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Lone Beacon is a full-service marketing firm that specializes in growing production and assets within financial institutions and independent advisories. Their understanding of the 50+ high-net-worth consumer, and an intimate knowledge of the financial industry has helped them become the leading, and very necessary voice in the industry. Their strategies are designed to connect all elements of media consumption and buying behavior. From initial engagement to conversion, Lone Beacon delivers rich, first-party data to the doorsteps of their clients throughout the United States.
Their ability to communicate complex financial messages to targeted prospects and connect those investors seeking help with the appropriate financial professionals has been transformative for the industry.
Prior to Lone Beacon, the financial industry had limited marketing options. This often meant choosing between a “general advertising agency” who lacked knowledge of the industry, the demographic, and compliance, or trying to find numerous fragmented specialists who provided piecemeal, and/or “disconnected” solutions.
Lone Beacon Co-Founder, Greg Dinetz: “We are honored to be a part of the Inc 5000 list and share this recognition with our incredibly talented and dedicated team. Our motivation to deliver our very best every day is fueled by the passion we have for our amazing client’s and partners. It truly is a team effort and none of this would be possible without them.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
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/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.
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More about Inc. and the Inc. 5000
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.