PFG has grown from a boutique brokerage firm to a global FCM through commitment to and deep knowledge of the retail market for derivatives trading, products, and services. PFG is one of the strongest, and best-recognized advocates for personal investors. The company's strategic initiatives are continued leadership in investor education and marketing of futures, expansion of its direct online trading innovations, foreign exchange products and services, and managed accounts, funds, and alternative investments.
Founded by Russell Wasendorf, Sr., PFG originally opened for business as Wasendorf & Associates, Inc. in 1980. At that time, the primary focus was to alert clients to long-term price trends in physical commodity markets, providing proprietary intelligence, index development and distribution. Today, PFG serves investors around the world by bringing trading products and services to them, via computer or personal relationship management, in the customer's language of choice. This has helped build a reputation for reliability, excellent customer relations, and expansion of the investor base for futures and forex trading.