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No. 524   ActiFi   Plymouth, MN

Year 2008
Industry Financial Services
Founded 2003
Growth 606.5%
2004 Revenue $599,052
2007 Revenue $4.2 million
Employees 25
Website www.actifi.com
What it does:
Provides technology-based productivity improvements and business process solutions to investment advisors and financial institutions.
Why it's growing:
In recent years ActiFi shifted its business model away from consulting and toward implementing proprietary technology to systematically improve its clients' performance.
What's noteworthy:
Investment advisers often spend 80% of their time working with 20% of their wealthiest clientele. ActiFi was created to free up investment advisers to work with their less wealthy clients, says founder Bob Nicolson.

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