Brad Reifler has been in the trading world since 1982 when Wikipedia shows he first started up Reifler Trading Co. Since then he has been an active member of several different corporations, ultimately ending up as the CEO of Forefront Management Group back in 2009. As the CEO of Forefront Management he has helped to turn the company into a global force in the financial world of trading. Now Reifler is turning his attention to a new cause: Forefront Income Trust.
For the longest time Reifler and his trading companies have focused primarily on the accredited investors due, primarily, to the fact that they are able to make riskier and higher earning investments. Accredited investors are labeled by the SEC if they meet one of the following qualifications: an accredited investor must have a net worth of at least $1 million, excluding any real estate that is listed as a primary residence. An accredited investor is also someone who makes $200,000 per year or $300,000 per year with a spouse. These numbers are occasionally redefined by the SEC but they don’t tend to get much more lenient.
Brad Reifler knows what it is like to struggle as an investor. Years ago he began investing in public college savings plans. He had put money into 529 different plans that were open to the public. By the time his kids were ready to attend college he had seen his investment drop by 40%, worth less than what he had even put into it. Reifler cites this experience as one of the reasons he decided to start Forefront Income Trust. The other reason was that his father in law failed to properly invest his life savings due to failing to reach the accredited threshold. Reifler had been entrusted with moving his money around and ultimately he had found more walls than open doors.
Forefront Income Trust’s primary goal is to be a safe place for investors to start growing their portfolio. Reifler told reporters that Forefront Income will offer an excellent ‘preferred 8 percent return’ which is pretty rare in the financial world. Investors can get a piece of Forefront Income as long as they can meet the modest threshold of $2,500 as an entry fee. Clients who decide to take advantage of the new company will have the option to withdraw or add money every single quarter. To further mitigate risks in investments, Forefront Income is not correlated with the stock market. This gives investors room for higher growth with lessened risk, ultimately helping the newer traders actually establish themselves. Reifler also points out that Forefront Income Trust will also focus on diversification to help spread risk around in order to help clients. A tidbit that he talks about himself, for anybody getting started with investing.