Bruce Bent II is a financial services pioneer based out of New York. His works have led to transforming an industry that was losing money and failing into a profit center, which has saved customers about 25 percent on average. Specializing in asset management, his financial developments in transacting cash sweep transactions have led the once failing industry into over a trillion dollar market. His works have also expanded the FDIC insuring of funds, in turn, protecting both customers and businesses. Being a proven entrepreneur, leader and manager, Bruce Bent’s works have primarily been performed through the Double Rock Corporation of Manhasset, New York. He’s currently the vice chairman and president with his company. Bent II’s work has led to over 60 US patents for his proprietary work(s) and intellectual property.
Being an entrepreneur is only a part of Bruce BentII ‘s background. Before starting with Double Rock, he was the C.E.O. and operating manager of The Reserve; considered to be one of the leading money market and FDIC money management corporations of modern finance, prior to the financial crisis of 2008. His management of the company produced billions in revenue during his tenure, spanning 17 years. He’s also an expert at reorganization, and has liquidated and sold parts of the business to formulate a better platform for operation.
According to Wikipedia, Bruce Bent II’s successes have also led him to not only to many patents, but he oversees the operations of all of Double Rock’s subsidiaries. These include Access Control Advantage, Inc. and Island Intellectual Property LLC. Being a believer in teamwork, Bruce Bent II believes that it takes a team to accomplish any idea brought forward.
He’s also a big believer in communication, and feels that the ease and affordability has helped him in being able to accomplish his goals a bit easier. Bruce Bent II is certainly an entrepreneur on the rise in New York, and someone to keep an eye on in financial development.
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