Honored Leader: Louis P. Stanasolovich, President and
CEO
Company Name: Legend Financial Advisors, Inc.
Location: Pittsburgh, Pa.
Nature of Business: Financial advisory firm for high-net-worth
clients.
Founded: 1994
Revenue: $0-5 million
Growth Rate (2003): 29.2 percent
Number of Employees: 37
Average Tenure: 5 years
Legend Financial Advisors is a 37-employee, 10-year-old fee-for-service
financial advisory firm where a commitment to open-book management has defined
its culture and supported an average annual growth rate of more than 18
percent. To Louis Stanasolovich, embracing open-book management has meant
more than sharing financial results with employees; it means engaging employees
in all decisions that the organization makes, from hiring new employees
to purchasing thank-you gifts for new clients. To equip employees to effectively
address their broad range of responsibilities, all are expected to participate
in at least 150 hours of training annually using external sources and media
along with internal group and individual training. Employees feel responsible
for the business and its success, and they are proud of their contributions.
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