Brad Reifler is considered a successful serial entrepreneur, with his latest creation being Forefront Capital.
After graduating from Bowdoin University, Brad Reifler aimed to become a successful entrepreneur in the financial service industry. First, he created the Reifler Trading Company which was eventually acquired by Refco in 2000.
Next, he went on to found Pali Capital, which is a global financial services firm. Within that position, he was chairman, founding partner and CEO of the firm. In addition he is a director at Sino Mercury Company. Other positions he held, however, are as director of Genesis Securities, European American Investment Band, and Foresight Research Solutions.
Most notably, however, is Brad Reifler’s latest accomplishment in being the founder and chief executive of Forefront Capital. This firm is poised to become an alternative financial management and service firm dedicated to helping middle class Americans enter the dangerous and risky business of investment.
In general, Wall St. has been criticized in helping the rich get richer at the expense of he poor. There are many different factors that lead to this, usually stemming from the problem of accreditation.
Accreditation is supposed to signify whether someone is a skillful trader and an intelligent individual. However, in modern Wall St., this term has become identical to wealthy. This has become a problem because it puts the average individual at a steep disadvantage in the investment industry.
For example, fees that are usually charged by firms as management fees are particularly damaging. Regardless of a portfolios performance, a broker still gets a pay cut through this fee.
In addition, the investment opportunities available to middle class Americans are inherently more risky because they have a higher correlation to stock market trends.
The firm does not charge any management fees and prides itself on the options of portfolios available being minimally correlated to stock performance.
Brad Reifler aims to attract influential businessmen and the common American with his new company that fixes Wall St.