Organic growth
From Wikipedia, the free encyclopedia
Organic growth is the rate of business expansion through increasing output and sales as opposed to mergers, acquisitions and take-overs. Typically, the organic growth rate also excludes the impact of foreign exchange. Growth including foreign exchange, but excluding divestitures and acquisitions is often referred to as, core growth.
This term is commonly used in the Finance and brokerage industry to indicate the growing of a Financial Advisor's / broker's book of clients. This is completed through in depth meetings to discover of other assets the client already has and bringing them to the Financial firm through transfers or Acats.