FIRST WESTERN LANDS ON INC. MAGAZINE’S FASTEST GROWING PRIVATE COMPANIES LIST FOR FIFTH CONSECUTIVE YEAR
DENVER – August 20, 2012 – First Western Financial Inc. (“First Western”) has been recognized by Inc. Magazine as one of the fastest growing private companies in the nation. This is First Western’s fifth consecutive inclusion in the special report.
“It’s an honor to be repeatedly recognized by such a revered publication for our success,” said Scott Wylie, CEO of First Western. “By remaining focused on client needs and innovation, First Western continues to establish itself as a top wealth management firm for the Western entrepreneur.”
Inc. Magazine selects private companies based on four full calendar years of growth in revenue and employee count, as well as a comparison to performance of industry peers.
First Western has weathered a challenging economic environment, increasing its revenue to more than $44 million in 2011, which is beyond double where the firm stood in 2008 as the recession began in earnest. Three new First Western locations have opened in the past year, including two in Wyoming the first half of 2012. In the past five years, First Western full-time equivalents have more than doubled, growing from 90 to nearly 200.
About First Western Trust
First Western Trust strives to be the best private bank and trust company for the Western wealth management client by providing comprehensive, tailored solutions in the areas of wealth planning, private banking, investment management, and trusts and estates. First Western also offers expertise in retirement services, mortgages, insurance, and business banking. First Western’s services are integrated through ConnectView, a proprietary approach that focuses on a client’s entire financial picture. Built specifically for clients based in the West, the firm has offices in Arizona, California, Colorado, and Wyoming.
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