Category Archives: Financial Industry

Wes Edens: Climbing Mountains in Financial Advisory and the World

Published / by TheHI

Wes Eden is Co Executive Officer and the co-founder of Fortress Investment Group LLC. Fortress is a diversified investment manager created in 1998. It has grown to occupy offices all over the world, with over 900 asset management employees, over 1,750 clients and $43.6 billion in assets. Their largest asset is in credit private equity. Fortress seeks to assist individual clients and companies with undervalued assets or who have limited cash flows. They use innovative problem solving techniques to secure capital for these clients to give them the opportunities to expand. Wes Edens has been on the board of directors since 2006. His responsibilities lie in the company’s private equity, and in the publicly traded alternative investment businesses.

Wes Eden grew up in Montana and went to Oregon State University. There he received a B.S. in business administration in 1984. He started work three years later at Lehman Brothers as a managing director and partner. Then he went to BlackRock and worked in the private equity division. He was a managing director and partner till 1997. Finally, he co-founded Fortress Investment Group in 1998. He, his wife Lynn and their children now live in New York. He was ranked #962 in the 2008 Forbes billionaire list. According to BizJournals, Wes Eden’s take home pay was $54 million. Wes Edens is interested in many things outside of Fortress. He co-owns the Milwaukee Bucks with Marc Lasry, which he announced he would like to keep in Wisconsin and even build a new arena for the team. He also owns a team called FlyQuest.

FlyQuest is a professional video gaming team in eSports. ESports are a multi-player video game competitions that are played by professional video gamers. Millions of spectators watch online or in convention stadiums. The players compete for prize money, and the global eSports market was expected to make nearly $500 million in 2016. The organizations became quite popular in the 2000’s, and have over 17 million spectators now. The FlyQuests are competing in the North American League of Legends Championship Series. In his down-time, he enjoys mountain climbing, and horseback riding. Wes Eden’s work ethic and career show that he not only has the grit to make great things happen, but he has a fun side too. Whether he is assisting clients and his company in their efforts to grow, or climbing the next biggest peak, he hasn’t shown signs of slowing down.

Source of the article : http://www.nbcsports.com/philadelphia/tags/wes-edens

Richard Blair Wealth Solutions

Published / by TheHI

In our current economic climate, there is a numerous amount of people throughout the nation who are searching for a resource that will provide them with the opportunity to develop a flowing and steady income, preserve their assets, and afford them the ability to pass on their legacy to future generations. Constantly working overtime during your youth does not necessarily guarantee fixed financial stability and savings at the age you are ready to retire. With active planning and successful investing, the right steps are taken to ensure proper financial growth. Richard Blair is a man who has the mindset that can satisfy the financial needs of the people as well as provide them with a financial plan for their future. Blair graduated college with a vision to help people from all walks of life attain financial freedom. With an esteemed financial background and his certifications in CAS, CES, RICP, and CFS, Blair’s vision was manifested in 1994 when he started his own independent investment advisory firm entitled Wealth Solutions. The company is based in Texas and offers wealth management, financial planning and retirement planning for individuals, families and small business owners whose goal is to eventually retire.

 

Richard Blair of Wealth Solutions had a vision that was directly honed by the work ethic of his grandmother, mother, and wife who were all teachers. From these influential women in his life, Blair witnessed the impact that teaching has on the knowledge and confidence of an an individual. Blair’s innate gift for finance coupled with his desire to help people allows him to asses a client’s present financial status and future retirement needs. A process called the Three Pillar Approach is a 3-step plan that serves as a financial roadmap designed to help clients avoid the common drawbacks they may experience. The approach implements strategic plans that identifies the client’s goals, strengths, risks, and opportunities for new growth along with providing short and long term investment strategies. It also addresses the client’s insurance needs. Through his proven approach, Blair bridges the gap between clients planning for retirement and their ability to afford their lifestyle while living out their retirement.

 

 

Brad Reifler is Well Known in The Financial Industry

Published / by TheHI

The financial industry has many professionals who do an outstanding job on a daily basis. The financial industry is a result-oriented industry where people can prove their worth to a company by performing their job successfully. One of the areas in the financial industry where results are easy to see and measure is the investment sector.

Investing is the lifeblood of the investment sector. As a result, investment numbers are watched daily and many times hourly. The professionals who worked in the investment sector are asked to do a lot and at a high level. The rewards are great such as great income, popularity, status, and power. However, the downside can be as low as the upside is high.

One of the ways that many professionals in the investment sector can make a name for themselves is by producing great sales numbers. The numbers in the investment sector are very important. People both inside and outside investment companies watch the numbers regarding investments. Also, the people watch the professionals who impact the investment numbers. For professionals in the investment sector, the investors who invest in the various investments are crucial to the success of the investment professionals and the companies where these professionals work.

Typically professionals in the investment sector including sales, management, finance, or other areas usually concentrate on the investors who have the highest potential for making money through the investments. This is the best situation for the investment professionals and the investors because the best investments can be obtained with investors who have the financial situation where they can invest large sums of money.

However, Brad Reifler, the CEO of Forefront Capital, is adjusting his thought process on the investors that his company looks at for potential investments. While the investors with the most money have always received the most attention from investment professionals, Brad Reifler is starting to also give investors without large sums of money more investment opportunities. Brad Reifler is doing this by developing investments that only require small amounts of money to make an investment. This approach by Brad Reifler is changing the way some investment professionals are looking at potential investors.