NEW YORK, NY--(Marketwired - Dec 30, 2014) - Brad Reifler may have the answer to the common question, "How do you turn money into more money?"
For years people thought the secret was tightly kept by the elite class -- the 1 percenters. Forefront Capital seeks to close the economic gap with their latest endeavor: Forefront Income Trust. Unlike other investment programs, Forefront Income Trust caters to non-accredited investors.
"For several years I was only focusing on the accredited investor that makes $200,000 a year or has a net worth of more than a million dollars not counting their home," explained Brad Reifler, founder and CEO of Forefront Capital. "I'm now shifting everything to the non-accredited investor with a plan specifically designed for them."
Forty-four percent of the middle class have less than six thousand dollars in savings. The goal of Forefront Income Trust is to increase those savings with as little risk possible through specialty finance opportunities.
When his father-in-law turned 80, he gave Reifler his life savings to invest. Reifler was surprised that most of the strategies his father-in-law wanted to invest in were not allowed because he was not an accredited investor. The investment options for 99 percenters are limited, to say the least. So Reifler began developing a public fund that people, like his father-in-law, could invest in.
"The 99 percent are overlooked," said Reifler. "A majority of the investment world doesn't consider non-accredited investors smart enough to invest in higher risk products. I think that's wrong."
According to the Securities and Exchange Commission (SEC), an accredited investor must be either a corporation or:
- a natural person who has individual net worth, or joint net worth with the person's spouse, that exceeds $1 million at the time of the purchase, excluding the value of the primary residence of such person, or
- a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year
The accredited investor standards were originally designed to protect shareholders from risky investments. However, over the last 30 years, there has been an increase in knowledge and oversight in the stock market. On Oct. 9, The SEC Investor Advisory Committee recommended that the SEC carry out significant updates to the definition of an "accredited investor."
The Investor Advisory Committee, established in 2010, has been tasked to review the definition every four years as mandated by the Dodd-Frank Act. The committee's recommendations were to do away with the current income and net-worth tests created 32 years ago and replace them with measures based on financial sophistication. These measures would take into account an individual's education, professional credentials, such chartered financial analyst designation or Series 7 license, and investment experience.
After extensive due diligence and careful analysis, Reifler created Forefront Income Trust to give a viable investment alternative to the middle class. The fund offers non-accredited investors a chance to invest at a minimum of $2,500. Assuming clients already have a 401K and savings, Forefront Income Trust products are not correlated to the stock market thus automatically allowing diversification within their overall portfolio. Although these investments are higher risk, Forefront Income Trust creates structures to mitigate the risks normally associated with higher return strategies.
Of course, no investment is risk-free and there is no guarantee of return on investment, but Reifler has created a team of several investment professionals that are highly respected in this area of investment.
"Through the power of compounded returns, clients can potentially watch a small investment grow into a substantial retirement account," explained Reifler.
He also added that investors can feel confident Forefront Income Trust is working in the client's interests.
"Unlike Wall Street that makes money regardless if the client's investments are successful or not, we don't make any money until our clients make an 8 percent return," Reifler said. "We want to be a firm for the people."
About Forefront Capital Markets
Bradley Reifler is the Founder and CEO of Forefront Management Group, LLC and its subsidiaries Forefront Advisory, LLC, Forefront Capital Management, LLC, and Forefront Capital Markets, LLC. Founded in June 2009, Forefront Group is a boutique investment banking and wealth management firm that offers investment advisory services to individuals and institutions on both a discretionary and non-discretionary basis. The firm satisfies the income and long-term appreciation needs of global institutions, distributors, financial advisers and individual investors. Their ability to advise, create and execute is enabled through a coalition of business, portfolio management, banking, and distribution leaders.
Prior to Forefront Management Group, LLC, Reifler founded Pali Capital in 1995 and was the CEO until November 2008. During this period, Pali Capital grew into a company with revenues of over $200 million per year, more than 200 employees and offices in the United States, United Kingdom, Austria, Singapore and Latin America.
Reifler began his independent career in 1982 when he founded Reifler Trading Corporation, a firm engaged in the execution of global derivatives, which was sold to Refco, Inc. in 2000.
For more information about Bradley Reifler and Forefront visit: www.forefrontgroup.com