Brad Reifler is an entrepreneur that has started three companies. After obtaining his Bachelors degree in Economics and Political Science from Bowdoin College, he went on to found and serve as Chief Executive Officer of his company Reifler Trading Company. In 1995 he founded Pali Capital, where he was Chairman and CEO. His latest venture is Forefront Income Trust, where he is the Chief Executive Officer.
The goal that Brad Reifler has with Forefront Income Trust is to help regular people “turn money into more money”. Brad has stated that he used to only focus on high net worth individuals, and founded Forefront Income Trust with the intent to help middle class people save and invest. When his elderly father in law asked Brad to manage his investments, Brad was surprised to learn that because the father in law wasn’t an accredited investor there were lucrative strategies that he was locked out of. There are specialty finance programs that to date have only been available to the richest 1% and Brad wants to make these programs available to everyone.
In this fund, Brad Reifler gives an opportunity to middle class people to invest in these strategies with a minimum of $2,500. The investments are not correlated to the stock market and so gives the investor greater diversity versus just holding stocks and bonds. Brad has also structured the fund so that his company earns nothing until their clients make an 8% return on their investment.
Brad Reifler has explained that there are three main problems that middle class investors face. The first is that they face fees that not only are far too high but that also make money for the brokers regardless of their performance. The second is that most people are not allowed to participate in some investments, unlike the richest of us. The third is that regular investors have far too much risk as most of their money is exposed to the ups and downs of the stock markets. His goal with Forefront Income Trust is to change all three of these factors.