FOR IMMEDIATE RELEASE Virginia Investment Firm Earns Prestigious Business Award for the Third Consecutive Year
HERNDON, Va. May 3, 2010 The Virginia Chamber of Commerce has recently announced its 2010 “Fantastic 50″ list. For the third year in a row,
Herndon, Va.-based Financial Investments, Inc. (FII) has been named one of the 50 fastest-growing companies in the commonwealth and was recognized at the 15th annual Virginia’s “Fantastic 50″ Banquet held on April 29th, 2010
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This latest award for Washington, D.C.-area investment firm Financial Investments, Inc. (FII) may not be a surprise to president and CEO Craig Kendall, but that doesn’t mean it isn’t rewarding. In fact, Kendall says, he’s particularly proud of how his financial investments company has thrived amid one of the worst recessions in the nation’s history. “To do what we’ve done in this economic climate makes this more special,” says Virginia Chamber of Commerce honorees must be privately held, headquartered in Virginia, post annual revenues between $200,000 and $100 million, and demonstrate revenue growth and positive net income in each of the last four years. FII posted a total growth of 522% from 2005 to 2008, which averages out to nearly 58% annual growth. Awards and recognition are nothing new for FII. In addition to its latest selection to the “Fantastic 50″ list, the Virginia investment firm has twice been honored by Inc. magazine with a selection to its 500|5000 list recognizing the fastest growing, privately-held companies in the United States. FII has also been celebrated for its continued charitable endeavors in and around the Washington, D.C. metro area, including a second-straight top 10 ranking in the Washington Business Journal’s “Corporate Philanthropists” rankings. Kendall says this latest honor speaks to the continued hard work of FII’s small, but dedicated staff. “I’m impressed each and every day with the hard work our employees put in,” says Kendall. “The commonwealth of Virginia’s pro-business attitude has been a big help, and this recognition is really a testament to our employees and what they do for our clients.” Founded in 1997, FII is a registered investment management firm whose principal alternative investment programs consist of alternative investment products dealing with commodities, futures, equities, and equity indexes. The financial consulting company specializes in an alternative investment strategy that targets “Absolute Returns in an Uncommon Market.” As many of their competitors struggled, FII continued to earn an excellent reputation among its institutional and high net worth clients. FII and related entity FCI features approximately 300 institutional and individual clients located in 42 states and 15 countries. For more information about Financial Investments, Inc., please visit www.Financialii.com
 About Financial Investments, Inc.: Financial Investments, Inc. (FII) evolved from the original accounting firm of Kendall & Company, CPA’s, and is a registered investment management firm whose principal alternative investment programs consists of alternative investment products dealing with commodities, futures, equities, and equity indexes. Founded in 1997, FII and related entity FCI serve approximately 300 institutional and individual clients located in 42 states and 15 countries. The Herndon, Va.-based financial consultation and retirement planning firm has twice been selected to the Inc. 500|5000 list by Inc. magazine and to the Virginia Chamber of Commerce “Fantastic 50″ list of the state’s fastest growing companies.
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Kendall. “Now, more than ever, our clients are putting their futures in our hands and trusting us to navigate this tricky financial climate, and this award just speaks to our results and our individualized customer attention.”
NEW YORK – A drop in financial shares pounded the stock market after President Barack Obama proposed greater restrictions on big banks.