Company Overview
Peregrine Financial Group, Inc. (PFG) is a growth company dedicated to helping investors explore and capture portfolio diversification and trading opportunities in derivatives markets. Founded by Russell Wasendorf, Sr., a personal trader since 1972, it is a top tier non-clearing futures commission merchant (FCM), ranked among the top three U.S. firms as measured by customer-segregated funds.
PFG developed the BEST Direct™ online trading system for electronic order routing in the 1980s, when other futures competitors were resisting technology and investing in floor operations. In the 1990s, the company adopted a rapid growth business strategy and sped the buildup of its existing sales distribution network. At the end of 1998, the firm maintained customer-segregated balances of $18 million. By the end of 2005, the firm had grown tenfold, to $182.13 million.
The company is an established leader in providing electronic and non-electronic futures brokerage and execution services to individuals, institutional traders and fund managers. PFG’s distribution network for derivative products and trading services spans from its Chicago headquarters to more than 70 offices and introducing brokers in the U.S., and sales affiliates in more than 20 countries.
PFG, as a non-clearing FCM, does not pay exchange membership fees, and it does not pass them along to you. Instead, PFG is at the forefront of customer demand for improving technologies to enhance online trader advantages. The client benefit of PFG’s status is that it can carry and clear trades through any exchange member firm with highly specific market expertise. This allows PFG to maximize customer satisfaction by getting the best service for each exchange floor traded product.
PFG is proud of its growth of more than 23% per year in customer activity and accounts for over five years. One of the many reasons PFG is growing so steadily: it has proven itself as an outspoken leader in a marketplace that is ripe with explosive global opportunities for new market participants and experienced veterans alike. An aggressive stance on trader advocacy, education and on-demand service has resulted in PFG’s solid position of industry leadership.
PFG’s client-focused point of view is regularly sought out and featured in business broadcasts and publications addressing the status of the futures industry, online trading, global competition and investor rights and privileges.
PFG’s founder, Russell R. Wasendorf, Sr., remains an active personal trader. He speaks through the voice of a market participant and an industry leader, serving on the advisory committee of the National Futures Association (NFA). He also represents customer interests on a special industry council to foster growth in single stock futures. To learn more, and to access articles quoting PFG’s president, Chief Operations Officer and Chief Information Officer in addition to its CEO, see the Press Room content on www.PFGBest.com.
One of the most distinguishing characteristics of PFG is the company’s ability to capture the interest and attract new market participants to futures and other derivatives strategies. Its clients and affiliates recognize the benefits of important risk management and capital-building opportunities available in commodities, financial markets, emerging futures and securities products, managed accounts and specialized funds.
PFG is a thought leader in the derivatives trading industry due to its success in anticipating the needs of its client base, and for its powerful advocacy of new markets and opportunities they present for investors.
You Should Be With PFG.