Talented Team, Disciplined Growth Propel Marks Group into Fast 50

11/4/2022

Disciplined growth, driven by a talented team, and a steady focus on its clients has placed Marks Group Wealth Management in select company. The Minneapolis-St.Paul Business Journal featured Marks Group as an honoree in its recently-released Fast 50 awards for 2022.

“Our ability to grow consistently, in spite of a pandemic and volatile markets, is a real testament to our team,” beamed John Feste, president of Marks Group Wealth Management.

“It’s equally important to recognize the resiliency of our clients,” Feste added. “We take special pride in the personal relationships we build. The level of trust we earn with each client is a real difference-maker in turbulent times.”

Feste is convinced that the recent series of challenges has strengthened the business and brought new benefits to Marks Group’s clients. “We’ve weathered the storm, retained our existing team and deepened our bench to enhance the client experience,” Feste explained.

“We’ve been able to add new, top-tier talent and continue to grow in a very disciplined way. I attribute this to our clearly defined roles, well-honed processes and daily collaboration that leads to clear and easily understood investment strategies. For us, it’s all about bringing increased value to our clients.”

The Fast 50 ranks the Twin Cities’ 50 fastest growing, privately-held, for-profit companies. Among ranked businesses in 2022, Marks Group Wealth Management is the fastest-growing, independent wealth management firm. The entire list of Fast 50 companies is featured in the October 28 edition of the Business Journal. This is the 26th year the Minneapolis-St.Paul Business Journal has published its rankings.

About Marks Group Wealth Management

Investment advice offered through Marks Group Wealth Management, a Registered Investment Advisor (RIA) located in Minnetonka, MN. As of October 31, 2022, we manage $1.35 billion in assets primarily for high-net-worth families, private foundations and small business retirement plans. Our advisors are fiduciaries, always acting in our clients’ best interest. We conduct our own research, build our own portfolios and design and implement strategies based on a client’s specific needs and priorities. Our holistic approach has resulted in Barron’s naming Marks Group as one of the Top Advisors in America for 13 consecutive years*.

https://marksgroup.com/

About Minneapolis-St.Paul Business Journal Fast 50 rankings methodology

The Fast 50 rankings are determined by Lurie, an independent accounting firm. Lurie analyzes qualifying financial information for all companies who are nominated, on behalf of the Minneapolis-St.Paul Business Journal. To be eligible for the Fast 50, companies must meet several criteria, including all of the following: (1) independently owned, privately held and for-profit (2) headquartered in the Twin Cities 24-county metro area** (3) full-year revenue of at least $1 million in the first of the three most recent fiscal years 4) year-over-year revenue growth for each of the past three completed fiscal years and (5) submit required financial information for the three most recently completed fiscal years. https://www.bizjournals.com/twincities/news/2022/10/28/2022-fast-50-fastest-growing-companies-ranked.html

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*Barron’s Top Financial Advisors (2010-2022) is based on assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.

**Twin Cities 24-county metro area includes Anoka, Benton, Blue Earth, Carver, Chisago, Dakota, Freeborn, Goodhue, Hennepin, Isanti, Le Sueur, Mower, Nicollet, Olmsted, Ramsey, Rice, Scott, Sherburne, Stearns, Steele, Washington, Wright, Pierce and St. Croix counties

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Barron’s Top Financial Advisors (2010-2022) is based on assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work.
The Forbes Best-In-State Wealth Advisor (2018-2022) and the Forbes America’s Top Wealth Advisors (2017) are based on client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms.