Brad Reifler believes anyone with the desire to pursue their investment goals can do so with the right kind of help along the way. He gave his own take on 2016’s top box office hit “Money Monster” and noted how many people experience stories similar to that of the antagonist in this movie.
Reifler says the way to become a better investor is to look outside the stock market, which is what his company Forefront Capital Advisors is helping investors do right now. Reifler believes portfolio managers should be held accountable to investors and only earn payments when they’ve given the right advice to investors.
Brad Reifler says it pays to do your research on the companies and banks you choose to invest with to make sure they have made the right investment decisions over the years. Ultimately the investor should be empowered to take control of their funds and they deserve transparency during the investment process.
And Reifler also says investors should have a plan for investing to know where they want to go with it. If the funds are doing well, investors should be willing to put more money into them.
Brad Reifler has owned three different companies in his career as an investor and has worked at the institutional sales desk of his uncle’s company Refco Inc. The first company he built was Reifler Trading Company. The funds Reeifler’s clients invested in here were largely futures options and discretionary accounts, and it was sold for billions years later to Refco.
About 10 years after founding his first company, Reifler founded Pali Capital which catered to private equity clients. The company’s earnings went over $1 billion in commissions in the 15 years they existed, and in 2009 Reifler moved from this company to his biggest yet at Forefront Capital.
Forefront Capital’s story is unique in how Reifler brought it down from being merely another billionaire investing corporation to becoming a place where regular working people could come. Before “Money Monster” even came out, Brad Reifler had tried to help his father out by starting a retirement fund for him.
It was a difficult task because the regulations were strict for unaccredited investors outside the stock market. According to Bloomberg, so Brad Reifler started a new fund after a lot of work and red tape to cut that allowed regular investors to come in for just $1,000 to start. Forefront Capital hopes to encourage other companies to follow its example.