Forefront Capital has floated its initiative, Forefront Income Trust, in the market. The innovative investment fund caters for the non-accredited investors. For the longest time, Brad Reifler focused on accredited investors. Accredited investors are those that make over $200,000 in a year or have a net worth of more than $1 million. The Securities and Exchange Commission (SEC) also reflects this statistics. Brad Reifler pointed out that he was now shifting the focus to non-accredited investors with a specific plan developed for them.
Originally, the accredited investor standards were developed to protect shareholders from risky investments. Nevertheless, knowledge and oversight in the capital market has increased within the last 30 years. SEC has recommended important updates to the meaning of accredited investor. Additionally, an Investor Advisory Committee was created in 2010. The committee was mandated by the Dodd- Frank Act with the task of reviewing the definition after every four years. The recommendation of the committee was to do away with the present net worth and income tests developed 32 years ago. They were to change the measures in line with financial sophistication.
It’s pretty clear from CrunchBase that Reifler created Forefront Income Trust after careful analysis and due diligence. The trust offers non-credited investors an opportunity to invest a minimum of $2,500 that can be withdrawn or added every quarter. The Forefront Income Trust products allow room for potential growth and high risks since they are not correlated to the stock market. According to Reifler, they offer interesting distinctive programs that can provide clients with liquidity and a return of 8%.
Brad Reifler made his first investment in a 529-college plan many years back as referenced on Wikipedia. This investment was available to all regardless of their income or worth. When his girls were to join college, the fund was 40% lower making him incur losses. His attention to the middle class was drawn more after his father in-law gave him his savings to invest. However, his father in law’s investment strategies could not materialize because he was not a credited investor. Reifler realized how limited investment opportunities were available to many people.
Brad Reifler is the CEO of Forefront Capital Management and Forefront Advisory. He is a highly experienced and qualified individual with having over 30 years experience. Reifler established his first company, Reifler Trading Corporation, in 1982 after graduating with a degree in economics and political science from Bowdoin College. Refco bought the Company in 2000.
Later, Reifler established Pali Capital where he achieved even greater success. Serving as the chairman and CEO, Reifler led the company to profits surpassing over $200 million. He also established offices in the United States, Australia and United Kingdom. Reifler would like to be recognized as an individual that people can trust in offering investment alternatives. His goal is to demystify the investment complexity in a bid to elicit the public to invest and secure their futures through their savings.