GRAND RAPIDS, Michigan — FormulaFolio Investments, LLC is honored to announce that it has been recognized as one of 2018’s “Best and Brightest Companies to Work for in the Nation.”
The “Best and Brightest” programs, created by the National Association for Business Resources (NABR), “identify, recognize, and celebrate the organizations that epitomize the motto of Better Business. Richer Lives. Stronger Communities.”
“We’re proud of the culture, innovation, and business growth that has been created by every member of our team through their everyday actions at work,” said Chief People Officer James Ward. “Everyone on the team is thrilled and humbled to have these efforts recognized at the national level with this outstanding achievement.”
In addition to the “Best & Brightest” award, FormulaFolios’ culture-building efforts have been recognized by the team itself, which gave the company an employee Net Promoter Score (eNPS) of 74.
Founded in 2011 with a mission to disrupt the financial services industry, FormulaFolios has strived to build and strengthen its culture of “Doing Good” to support rapid growth that has brought headcount to almost 100. The company has been able to sustain its growth pace, which has earned it a place on the Inc 500 list of fastest-growing private companies in the nation for three consecutive years, by building a skilled, enthusiastic, and engaged team of mission-aligned individuals.
FormulaFolios makes itself stand out as an attractive employment destination by offering benefits and policies that help and empower team members to Do Good for themselves, their families, and their communities as well as the company. These include flexible working arrangements, ample paid time off including dedicated hours for volunteer work, comprehensive medical benefits package, a fitness allowance, and a profit-sharing retirement plan. The company’s rapid expansion also offers ample opportunities for professional growth as there are always new challenges, projects, and responsibilities to take on.
“In today’s economy, it takes more than competitive compensation and comprehensive benefits to attract top talent,” said Ward. “At FFI, we provide the opportunity to build an impactful career without sacrificing the ability to make an impact in your community. Every member of the leadership team takes great pride in seeing our employees grow as individuals – personally and professionally. It drives us to continue to Do Good by our team, our advisors and our communities.”
FormulaFolios is a Registered Investment Advisor (RIA) that uses money management algorithms to eliminate emotion from the investment processes and empower financial advisors to better serve their clients. Since its founding in 2011, FormulaFolios has grown to over $3 billion in assets under management, over $29 million in annual revenue, and over 90 employees. The company is headquartered in Grand Rapids, MI and maintains a West Coast office in Costa Mesa, CA.
About the Best and Brightest Companies to Work For
The Best and Brightest Companies to Work For competition identifies and honors companies that deliver exceptional human resource practices and an impressive commitment to their employees. Organizations are assessed based on categories such as communication, work-life balance, employee education, diversity, recognition, retention and more. Qualifying criteria for companies include a minimum of 10 employees, a minimum period of 1 year in business, being a for-profit or non-profit business or government entity, and being publicly or privately held. Nominated companies also pay a Scoring and Analysis Fee towards the services of a third-party partner to receive feedback and benchmark scoring data.