Wingspan Portfolio Advisors has been named to the Inc. 500 list of America’s fastest growing private companies for 2013, recognizing its outstanding revenue growth over the past three years. According to Inc. magazine, the average company on the list grew by 2,900 percent during this period, and the entry level for this year’s honorees was 918 percent growth. Wingspan’s 8,768 percent growth made it the 24th company among the elite Inc. 500.
Wingspan Portfolio Advisors, founded in 2008 by Steven Horne and a core team of experts in mortgage default servicing and technology, has achieved year after year of extraordinary growth. The trend continues, as the company manages increasing numbers of the industry’s problem loans and expands its national and international presence with acquisitions, such as its purchase of JPMorgan Chase’s 400-person servicing facility in Melbourne, Florida. Today, the company employs about 2,000 and provides a broad range of business process outsourcing services, including default servicing, complaint resolution, compliance oversight and mortgage origination fulfillment.
“We’ve worked hard to position Wingspan to be of maximum service to lenders and primary mortgage servicers, as well as to their borrowers,” says Steven Horne, Wingspan’s CEO and president. “It is a great honor to be listed alongside America’s best entrepreneurial companies, particularly so high up, among the top 25. Doing things the right way is its own reward, but it is very gratifying to receive this elite recognition.”
The 2013 Inc. 500|5000 honorees are ranked according to percentage revenue growth when comparing 2009 to 2012. Qualifying companies were founded and generating revenue by March 31, 2009 to required minimum levels, and are U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000 and will be recognized at the Inc. 500|5000 Conference & Awards Ceremony in Washington, D.C. from Oct. 10-12, 2013.
In his letter to Steven Horne notifying him of the company’s position on the 2013 list, Inc. magazine Editor In Chief Eric Shurenberg stated, “As an Inc. 500 honoree, Wingspan Portfolio Advisors now shares a pedigree with Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Clif Bar, Pandora, Patagonia, Oracle and dozens of other recent alumni. You are in some pretty impressive company—which is exactly where you belong.”