Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE DENVER EDITION 2026

Denver’s
financial services industry,
in focus.

The companies, capital and talent shaping financial services in Denver. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Financial Services Industry Landscape of Denver
US
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Financial Services illustration
MEET THE COMPANIES

Explore Denver’s financial services leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

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Financial Services company highlights in Denver, snapshot 3 September 2026
Company
Aimcoaimco.com$667.01M9 roles62$820.04MFYFY2023 filing
Phoenix Capital Groupphxcapitalgroup.com$564.23M28
SquareTwo Financialsquaretwofinancial.com$475M44
ArrowMark Partnersarrowmarkpartners.com$310.2M
Sweet Leaf Madison Capitalsweetleafmadison.com$100.85M15
First Western Trustmyfw.com$64.43M6 roles256$96.91MFYFY2025 filing
CIC Bancsharescicbancshares.com$60.71M89
Cyberhill Partnerscyberhillpartners.com$11M
Trilon grouptrilongroup.com10 roles1,500
Mercer Advisorsmerceradvisors.com9 roles940
ANB Bankanbbank.com6 roles470
Fortis Private Bankfortisprivatebank.com5 roles98
PTMA Financial Solutionsptma.com5 roles
Pine Advisor Solutionspineadvisorsolutions.com4 roles29
COPICcallcopic.com135
Ceteraadvisorsceteraadvisors.com332
Charles Schwababoutschwab.com33,000
Credit Union of Coloradocuofco.org379
FPSBfpsb.org65
Farmland Partnersfarmlandpartners.com30$52.18MFYFY2025 filing
Financial Planning Associationfinancialplanningassociation.org1
Motto Mortgagemottomortgage.com
Pinnacolpinnacol.com1,005
Royal Goldroyalgold.com31$1.03BFYFY2025 filing
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Financial Services industry KPIs in Denver

A few useful ratios bring the size of this ecosystem into perspective.

3 September 2026
Hiring participation8.8%

29 of 330 tracked companies have open roles.

Funding participation7.6%

25 of 330 tracked companies have a recorded round.

Top 3 funding share73.4%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$3.33M

Midpoint of 28 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 73.4% of disclosed capital, while 92.4% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Denver financial services has grown

Recorded company formation and disclosed funding across the complete annual series shown.

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2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Denver financial services
$0$193.14M$386.27M$579.41M$772.54M2016: $608.68M20162017: $8.48M20172018: $300K20182019: $3.7M20192020: $12.17M20202021: $40K20212022: $6.56M20222023: $677.67M20232024: $56.25M20242025: $02025
View the numbers
Annual financial services funding and company formation in Denver
YearFunding (USD)FoundedRaising
2016$608.68M114
2017$8.48M142
2018$300K121
2019$3.7M132
2020$12.17M115
2021$40K51
2022$6.56M43
2023$677.67M95
2024$56.25M12
2025$000
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Aimco28.7%
  • Phoenix Capital Group24.3%
  • SquareTwo Financial20.4%
  • Other companies26.6%

Funding by stage

29 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel10 34.5%
Series A–B5 17.2%
Series C+ / PE2 6.9%
Grants, debt & other12 41.4%

Recent recorded rounds

Latest recorded rounds · USD
0 rounds

Swipe or scroll horizontally to browse.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.

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USD · millions · consolidated

Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.

FY2025 · company accounts; aggregate reporting threshold not met · 3 reporting entities from 8 eligible matches.

Revenue in covered accounts

Sum of reporting-entity revenue; not Denver market sales.

Net profit / loss

Combined result for the same cohort.

Aggregate net margin

Combined net income ÷ combined revenue.

Median company revenue

The middle covered reporting entity.

Profitable entities

None of 3 covered entities.

Top-five concentration

Share of covered revenue from the five largest entities.

Annual account trend

Reported cohort totals by year; coverage is stated for every period.

Bar height shows revenue. Changes in coverage can affect totals.

Profitability has two perspectives

FY2025 · 3 reporting entities

Open the company accounts

Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.

3 reporting entities
Continue your financial research in Radar

Explore full company accounts and filings.

View financials in Radar ↗
DENVER · INDUSTRY COHORTS

How does financial services compare?

Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.

IndustryCovered / eligibleRevenue totalMedian revenueNet profit / lossAggregate marginProfitable shareOverlap

Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.

Coverage, calculations & financial sources

Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.

The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.

Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Denver companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Most-installed apps

11 of these companies (3.3%) publish at least one Android app — 17 apps in all, carrying 1.9M installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q4–2025Q3).

SegmentAppsInstallsLeading appRelease trend
Banks9169.3KCUofCO Mobile Banking 91.6K
Insurance Carriers28.8KMyDHMP 7.3K
Asset Management2644MYFW Digital Platform 486
Remittance Services2246GiroDirecto de IBERO ENVIOS 128

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

INSIDE THE INDUSTRY

The Denver financial services market map

Explore the segments behind the headline numbers.

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Where companies are building

Rank segments by scale, hiring or disclosed funding.

Segment data unavailable0

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Segment data unavailable

The largest measured segment in this report snapshot.

0companies
0%have hiring activity

0 companies hiring · $0 disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

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Recent corporate headlines 10 dated reports
Mergers & acquisitionsbrownandco.com ↗

As we considered the future of the firm, it was important to find the right home for our team — one that would support a thoughtful succession plan, preserve the best elements of our firm and help us elevate our capabilities.

Funding roundscyberhillpartners.com ↗

Cyberhill Partners has secured up to $11 million in strategic investment from Baleon Capital to accelerate the expansion of its enterprise AI Factory platform, according to an official company announcement.

Mergers & acquisitionsmerceradvisors.com ↗

Mercer Advisors expands in New Jersey Separately, Mercer Advisors said it is adding Personal Financial Solutions, a New Jersey-based firm with about $150 million in client assets.

Mergers & acquisitionspineadvisorsolutions.com ↗

Centralis Group has bought its way into the US fund services market with the acquisition of Pine Advisor Solutions.

Mergers & acquisitionsghpia.com ↗

GHP Investment Advisors Inc. grew its position in Janus Henderson AAA CLO ETF by 1,000.0% during the second quarter.

Mergers & acquisitionsaboutschwab.com ↗

In November 2025, Charles Schwab SCHW agreed to acquire Forge Global Holdings, Inc.

Mergers & acquisitionsroyalgold.com ↗

Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to announce the completion of the previously announced plan of arrangement (the "Arrangement") with Royal Gold, Inc. ("Royal Gold"), whereby Royal Gold indirectly acquired all of the issued and outstanding common shares of Sandstorm (the "Sandstorm Shares").

Funding roundstoyotafinancial.com ↗

TFSPH has launched its P2 billion maiden bond public offering, with the proceeds to be used for further diversifyi­ng the automotive financing company’s funding sources and supporting its anticipated asset growth.

Mergers & acquisitionsgbnk.com ↗

Kalispell, Montana-based Glacier Bank is acquiring Mount Pleasant-based Guaranty Bancorp in a $476.2 million deal.

Mergers & acquisitionsmonticelloassociates.com ↗

Cresset, a $72 billion registered investment advisor based in Chicago, announced plans to merge with Monticello Associates, an employee-owned institutional consulting firm with $124 billion in assets under advisement.

Full recorded event mix

Top 10 categories among 218 recorded events in the 24-month window.

Earnings
66
Leadership moves
56
Mergers & acquisitions
51
Company announcements
9
Asset acquisitions
9
Contracts
7
Lawsuit
5
Buyback
4
Funding rounds
4
Regulatory
2
5 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

1 companies with recorded IPO activity

Follow-on Offering1 reports

Leadership moves

27 tracked people moves

Shawn Walker

Appointment President of Personal Lines

Rex Hickling

Appointment Executive President

Matt Genova

Appointment President of Commercial Lines

Jeremiah Barlow

Promotion Chief Commercial Officer

Melissa Nims

Appointment Chief Solutions Officer

TFS ↗
José Carreño

Appointment

Pinakin Patel

Appointment Executive Chairman of the Board

Bri Brodeur

Appointment Chief Alignment Officer

Product launches

Products, platforms and features in the recorded window

Money Talk

Feature

Regulatory events

2 recorded events

Royal Gold ↗

approved for acquisitionSupreme Court of British Columbia

Royal Gold ↗

PendingSupreme Court of British Columbia

Litigation

6 tracked suits

Company
Payward Interactive, Payward Trading v etana custody, etana custody, CEO Dion Brandon Russell

Ponzi scheme involving misappropriation of client fundsCivil · Ongoing

Company
genius group limited v charles schwab, Fidelity Global Brokerage Group, Inc., the v

Breaching fair market access and market manipulationCivil ·

Earnings pulse

Reported company results in the recorded window.

6companies
82period observations
19.5%median reported growth

Median across 51 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
LenderLivewalz groupAnnounced2026-06-01Not stated in snapshot
modern wealth managementBrown and Company ↗Announced2026-04-23$1.0B
Mercer Advisorspersonal financial solutionsAnnounced2026-04-07Not stated in snapshot
Mercer Advisorscharter oak capital managementAnnounced2026-03-31Not stated in snapshot
centralis groupPine Advisor Solutions ↗Pending2026-02-23Not stated in snapshot
GHPIAJanus Henderson AAA CLO ETF2026-01-17$56.0K

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

6,368 postings in the preceding 12 months. The full 9,281-posting snapshot covers 43 employers.

Expand panel +

Most advertised job titles

Claim Specialist Property Field Inspection228
Account Representative State Farm Agent Team Member160
Account Manager State Farm Agent Team Member138
Customer Relations Representative State Farm Agent Team Member91
Receptionist State Farm Agent Team Member83
Order Builder (Full Time)73
0 internship postings

25 tracked postings mention remote work.

The seniority mix

3,555 postings specify a level.

unspecified
5,726
manager
2,236
senior
768
lead
250
intern
183
entry
118

Skills employers mention

Top skills across 9,281 tracked postings in the available jobs snapshot.

Excel
184
Outlook
139
Powerpoint
138
Word
137
Microsoft Office
109
Internet
97
Ms Office
91
Civil Engineering
56
Haccp
52
Autocad
40
ADVERTISED PAY$55.0K/ year

Median across 841 postings with pay data, expressed in USD.

Salary by seniority

manager$80.0K/ year152 postings
lead$39.8K/ year74 postings

Advertised posting medians do not describe all employees or roles.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

94 founders and chief executives across 82 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

10 profiles with education records.

Harvard University
4
Harvard Business School
3
Columbia University
2
Wharton School
2
University of Pennsylvania
2
INSEAD
1
Massachusetts Institute of Technology
1
Cornell University
1

Prior employers

0 profiles with prior-work records.

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

26,169 articles in the measured 12-month window.

Expand panel +
26,169articles in the measured year
3,400articles in 2026Q2
62.3%positive tone in the latest complete year

News volume trends

Financial Services coverage tagged Denver · articles per complete quarter

03,1576,3159,47212,6292021Q2: 5,5432021Q22021Q3: 5,5132021Q4: 5,7362022Q1: 6,4692022Q2: 5,4362022Q22022Q3: 4,7622022Q4: 6,5412023Q1: 5,8052023Q2: 6,2782023Q22023Q3: 5,3412023Q4: 7,3772024Q1: 7,3432024Q2: 6,7072024Q22024Q3: 7,9722024Q4: 9,0122025Q1: 10,9822025Q2: 6,8822025Q22025Q3: 8,4142025Q4: 7,0612026Q1: 7,2942026Q2: 3,4002026Q2
View quarterly article counts
QuarterArticles
2021Q25,543
2021Q35,513
2021Q45,736
2022Q16,469
2022Q25,436
2022Q34,762
2022Q46,541
2023Q15,805
2023Q26,278
2023Q35,341
2023Q47,377
2024Q17,343
2024Q26,707
2024Q37,972
2024Q49,012
2025Q110,982
2025Q26,882
2025Q38,414
2025Q47,061
2026Q17,294
2026Q23,400

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
11,873 positive · 341 neutral · 5,818 negative
2022
15,246 positive · 421 neutral · 7,507 negative
2023
16,099 positive · 561 neutral · 8,082 negative
2024
21,806 positive · 547 neutral · 8,645 negative
2025
20,748 positive · 650 neutral · 11,881 negative

Company share of voice

279 recorded company events across 14 companies; percentages use that event total.

Charles Schwab ↗aboutschwab.com
49.5% 138 events
Royal Gold ↗royalgold.com
15.8% 44 events
TFS ↗toyotafinancial.com
12.5% 35 events
Mercer Advisors ↗merceradvisors.com
6.1% 17 events
Farmland Partners ↗farmlandpartners.com
5.4% 15 events
COPIC ↗callcopic.com
3.6% 10 events
Cyberhill Partners ↗cyberhillpartners.com
1.4% 4 events
Financial Planning Association ↗financialplanningassociation.org
1.1% 3 events

Leading coverage topics

Financial Services coverage tagged Denver · ranked by full-period article count.

Administrative And Political Subdivisions4,359,394 articles in the full recorded period
929,770 recent · 795,452 prior
Geopolitical Disputes And Contested Areas320,888 articles in the full recorded period
106,788 recent · 82,223 prior
International And Transnational Geographic Entities320,721 articles in the full recorded period
106,735 recent · 82,154 prior
Cryptocurrency Impact On Forex Markets235,672 articles in the full recorded period
62,307 recent · 62,419 prior
International Political Relations229,321 articles in the full recorded period
59,667 recent · 58,162 prior
Security And Defense Policies163,673 articles in the full recorded period
47,390 recent · 40,421 prior
Professional League Updates159,324 articles in the full recorded period
35,556 recent · 38,726 prior
Athlete Transfer Rumors116,408 articles in the full recorded period
26,576 recent · 29,688 prior
Patent Law & Innovation Protection114,401 articles in the full recorded period
235 recent · 28,813 prior
International Relations And Diplomacy102,516 articles in the full recorded period
24,178 recent · 26,630 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

United States comparison coverage

KeywordRecentPriorChange
investment deal10,6573,498205%
stablecoin fx impact10,5427,47041%
etf trading6,8653,94774%
private equity6,4711,648293%
oil price volatility6,3083,81565%
share price5,9683,36677%
etfs5,9573,42474%
sector etfs5,7153,30573%
etf structures5,3852,98181%
etf products5,3132,85886%
patent claims14128,788-100%
patent prosecution14128,787-100%
patent examination13928,774-100%
litigation defenses11428,766-100%
tariff negotiations14,84225,875-43%

Event and signal lenses

United States comparison coverage

All complete annual cohorts shown
Rising

Regulatory Risk

3,333,458 classified articles

territories, disputed islands, monetary easing

44.8% critical · 25.2% positive
Rising

Funding Momentum

660,994 classified articles

inflation reports fx, currency intervention policies, trade deficits fx

39.9% critical · 41.4% positive
Rising

Growth

935,055 classified articles

gdp growth forex, earnings report, inflation reports fx

38.8% critical · 40.9% positive

Financial Services coverage tagged Denver. Topic labels describe recorded classifications and can include broad context.

UNDERSTAND THE LANDSCAPE

Financial Services in Denver: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 3 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon