Bruce Bent II is the Manager and CEO of a FDIC cash management business and money market mutual fund known as The Reserve. He has held the positions for over seventeen years. Bent also holds two titles at Double Rock Corporation. He is the President and Vice Chairman for the technology and financial services company.
He is a entrepreneur whose vision and drive have led to some of the most relevant and influential technological developments and products in the past few years. He is credited with making innovative financial solutions as well as short-term asset management solutions for bank, broker-dealer, retail and qualified plan markets. Bent also has over sixty privately held patents which have helped transform the more than $1 trillion FDIC-Insured cash management industry.
Before the 2008 financial crisis that affected everyone around the world, Bruce Bent II was the President of The Reserve. The company, which is headquartered in New York, New York, was one of the top institutions available that dealt with money-market funds that were held privately. It offered clients one of the largest market funds while also employing over three hundred sales professionals. With Bent’s hard work, The Reserve was able to expand its distribution and product lines as well as diversify the company’s assets. the Reserve’s cash products increased from $4 billion to over $130 billion in under two decades.
Even when he is not working Bruce Bent II is using his time to involve himself with as many entrepreneurial ventures as he can. He also enjoys using his free time to learn about intellectual property, consumer goods, financial technologies, business consulting, healthcare financing, asset management and pharmaceuticals. Bent also is a member of several organizations where he spends his time volunteering.
With his vast knowledge of everything finance, Bruce Bent II is often quoted in publications such as the Financial Times, Wall Street Journal and New York Times. Several books have also written features about him or have gotten interviews a. In the past he was even a regular writer for the China Press and World Journal who focused on the subject of investing.
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