Bradley Reifler, the CEO of Forefront Capital, has been making waves in the financial market for the past several years thanks to his in tune focus on the plight of non-accredited investors. These investors are those beholden to not having masses amounts of money behind them as they seek to invest. Reifler has been vocal about his support of these lower threshold earners and now he is taking time to comment on a Hollywood film that presses awfully close to home, “Money Monster”.
“Money Monster” stars George Clooney, a Wall Street mastermind, as he is taken hostage on air by a livid, hurt, and downtrodden investor who saw his life savings stolen from out beneath him by shady investors. The film follows the various twists and turns of a mystery thriller as the cast seeks to unravel just what is going on beneath all of the bedlam. Outside of the fictional world that Hollywood has created, there are some very real problems being faced by small investors. Reifler decided to write up some of the biggest issues that investors face when deciding to get into the financial game.
The first of three major issues that Reifler pointed out for “99% investors” was the problem of fees on Wall Street. Firms charge gigantic fees no matter how large the portfolio or how well performing the portfolio is of their customer. Reifler points out that this makes the brokers wealthy no matter how well they actually do at their job — a very real problem in terms of ethics.
The second issue Reifler pointed out was how accessible investments are to “99%ers”. Non accredited investors, those earning less than $200,000 per year, are limited in a variety of different ways in terms of what investing options they can seek. The government gives accredited investors, the top earners, more perks as a way of implying that they are smarter and better with money.
The final issue for small time investors is the inherent risk of the Stock Market. The Stock Market is volatile and many times it will consume the small savings that these lower earning investors have available to put into the market. This creates an ‘all or nothing’ approach that isn’t conducive to long term earning.
Brad Reifler established Forefront Income Trust as a way to address those 99% of investors that are being left behind by the modern market. He is seeking a way to bring balance to the financial world while helping small time investors leave their mark.