Chief Executive Officer (CEO) of Fortress Investment Group LLC, Randal Nardone could be said to have the magic touch but that wouldn’t be accurate. With a BA in English and biology from the University of Connecticut and a JD from Boston University School of Law, and a career history that includes UBS (United Bank of Switzerland), BlackRock Financial Management Inc, and Thatcher Proffitt and Wood, magic has nothing to do with it. Intelligence, perseverance, and an understanding of the global financial markets are responsible for the success of Randal Nardone has achieved.
Having proved himself at UBS (Union Bank of Switzerland) as a managing director, a principal of BlackRock Financial Management Inc, and as co-founder of Fortress Investment Group LLC since 1998, it is no wonder Randal Nardone is able to succeed where others may not. In 1998, Nardone was ready to take on the challenge of starting up his own finance company, which he did along with Wes Edens. Nardone and Edens started Fortress Investment Group, LLC and remain on the leadership team. After serving an interim CEO for two years beginning in 2011, Nardone was appointed CEO of Fortress in the summer 2013.
Through hard work and dedication to his business associates, clients, and the financial community, Nardone earned his way onto the Forbes Billionaire List, and has been listed at number 557.In December of 2017, Japan’s Softbank purchased Fortress Investment Group LLC for 3.3 billion dollars. The acquisition allowed for Fortress to operate independently and to keep the leadership team of Randal Nardone, Wes Edens, and Peter Briger Jr. in place. The company’s headquarters are located in New York. Fortress continues to focus on credit, private equity, and permanent capital vehicles. According to the company’s website, as of March 2018 the company’s assets totaled 40.9 billion dollars and serves 1,750 institutional clients as well as private investors.
Wes Edens is a legendary investor who has had a fabulous career helping people reach their financial goals. He has made significant progress taking Fortress Investment Group to a new level. He is continually learning about new investment options for his clients. Over the past few years, he has recommended more alternative investments than ever before. Wes Edens believes that the stock market is going to crash in the coming years. To prepare for this possible crash, he has moved a lot of his investment portfolio to gold and other assets. A typical asset allocation for an investor is both bonds and stocks. However, Wes believes that people can earn a higher return by focusing on alternative investment options.
Another great asset class for people to invest in is real estate. Few people understand how to invest in real estate for the future. Buying a rental property is a proven strategy to produce additional income each month. Some people struggle to find a home that is going to generate positive cash flow. With rising prices across the country, Wes thinks that some investors should wait until the next housing crash to purchase a home.
Gold is a traditional hedge against both inflation and economic issues. Over the past few years, some people have decided to sell their gold to focus on other investment opportunities. Gold is still a fantastic opportunity for investors to earn a substantial return. Anyone who wants to improve their asset allocation should consider adding some gold to their investments. Buying either physical gold or a gold index fund can accomplish this goal. Although Wes Edens is a leading member of Fortress Investment Group, he is still looking for ways to improve as a leader. He believes that Fortress Investment Group is the best company in the entire industry. Anyone who needs investment advice should consider working with Wes Edens.
Equities First Holdings (EFH) had a 15-year anniversary, and it announced the global operation has been responsible for over $1 billion dollars in transactions over four years. Performance for the global operation have been helped by the London office of EFH office. EFH’s London office opened in 2012. EFH offered equity-loans to businesses and individuals. There potential clients can receive the financial advice. With over 700 transactions, the London office shows that their financial advice is helpful. The equity-loan is a reliable product.
EFH has gained market share in new markets such as China and Australia. An equity loan is a major reason EFH succeed. Equity-loan is great for business like it being used by the CEO of the Angle PLC Andrew Newland. Newland repaid his loan and EFH provide him over 7 million shares. Newland has succeeded with the help of EFH. EFH can offer people a way to reach their goals.
Fortress Investment Group divested of Florida East Coast Railway and Logan Circle Partners on January 3, 2018, but they continue to operate Brightline a luxury passenger train service that commutes Orlando and Miami passengers between the two cities. Fortress Investment Group currently provides infrastructure for the development of passenger train services and also invest in companies that provide railway infrastructure.
In fact, Fortress Investment Group developed and created Brightline as the first of many luxury passenger train service infrastructure that they are planning to construct as a company. Brightline is the template that Fortress Investment Group will use to expand and construct railway luxury passenger train services throughout the United States. After the sale of Fortress Investment Group in December 2017 to SoftBank Group a technology global conglomerate that specializes in internet service, telecommunications, AI research, robotics and various other technologies that are propelling the world into the new frontier of the information revolution.
SoftBank Group purchased Fortress Investment Group for $3.3 billion and quickly became a powerful player in the alternative investment firm arena. Before the acquisition, SoftBank was not particularly invested in the alternative asset industry, but they quickly found an opportunity to establish them within the market and develop the blueprint with expertise through analysis of human capital to expand their reach into the sector. After the purchase of Fortress Investment Group, SoftBank retained the key executive and management staff of the Fortress organization to stabilize an easy transition and continuity of future opportunity expansion within the company.
Fortress Investment Group is run by Co-Chief Executive Officer, Peter Briger and Wes Edens who are also co-founders along with 3 other principal partners. Peter Briger currently serves as Chief Executive Officer primarily leading the Fortress Credit business. The Fortress Credit business comprises of alternative investments within various categories that are usually distressed assets, underperforming assets, or illiquid asset vehicles that provide opportunities for lucrative returns on investment for it’s more than 1750 clients.
Fortress Investment Group currently has over $30 billion in assets under management that provides the capital and resources needed to continue to expand the organization and provide their clients with exceptional results. Peter Briger has developed a reputation as a forward thinker and true innovator in investments within the alternative asset industry.
He has had continuous succession upward throughout his career beginning at Goldman Sachs, where he sat on various committees and provided opportunities for that company to expand their portfolio tremendously during his tenure. Peter Briger continues to provide excellent leadership, analysis, and evaluation capabilities that are propelling Fortress Investment Group into the future with creative investment insight that is second to none. Fortress Investment Group has extremely talented executive leadership and management partners that are providing the stewardship needed to continue producing extraordinary results for its clients. The divesting of the Florida East Coast Railway is a strategic decision by Fortress Investment Group that will benefit the organization within the long run and create opportunities to reallocate resources into other endeavors that would produce higher rates of return on investment.
The United States, Switzerland, Thailand, Hong Kong and Singapore, was not enough for the global financial lending giant, Equities First Holdings. They had to expand more and expand they did. Equities First Holdings brought out Meridian Equity Partners Pty Limited and changed their name to Equities First Holdings Australia. Equities First Holdings wanted to bring their amazing trusted service to a new set of individual investors and businesses. EFH is on a quest to have offices all over the globe and be able to offer their financial services and solutions to millions of people. They want to continue to offer unique services that are tailored to all individuals. Their founder described offering their services in Australia has offered their services to a broader consumer base. At the moment, Equities First Holdings is experiencing a lot of growth and hopes that this expansion would add to it the 30% growth a year, that they are experiencing.
Vincent Parascandola is a famous figurehead in the financial world and is currently the Senior Executive Vice President of AXA Advisors. Parascandola mainly focuses on recruiting and developing individuals for top financial positions in different parts of the world. Apart from that Vincent also concentrates on the management and retention of all the sales developments in the company. Parascandola was a previously the Chairman of LIMRA’s Field Officers Committee.
About Vincent Parascandola
Mr. Parascandola holds a Bachelor of Science degree from Pace University. Vincent has over twenty-five years of experience in the financial industry which makes him the right candidate to head AXA Advisors. Vincent Parascandola kick-started his career in 1987 as an insurance sales agent in Prudential. During his time there, he was named the National Rookie of the year. Mr. Parascandola also received other management awards like the GAMA Career Development Award and the Master Agency. In 1990, he progressed and joined MONY Life Insurance Company and held several regional management positions until 2004 when he joined AXA Advisors. Vincent is also an international guest speaker for different industry companies and conferences. Source: pocomuseum.org
About AXA Advisors
In 1816, AXA Advisors was established to offer financial services such as global insurance and investment management. The company is headquartered in Paris, France but operates on a multinational level and offers its financial services in Europe, North America, Africa, Asia and the Middle East. The firm has a 14% growth rate and is ranked as the second most powerful insurance brand internationally. AXA Advisors gives businesses and families an opportunity to take manageable small steps towards their financial security.
The firm also participates in various social, philanthropic initiatives to alleviate human suffering. As a result, in 2008 the AXA Research Fund was created to support research focused on understanding risks that affect human life and getting solutions to the risks. Currently, AXA has a network of over 6,000 financial experts that assist the company in providing strategic plans to its clients. With the help of experienced financial professionals like Parascandola, AXA Advisors continues to excel in its performance and attain greater achievements.
Planning for your financial future is a very important responsibility that is also shared by all other people. While it can seem like it would be a difficult process to do this successfully, most people can reach their long-term financial goals through proper and well-managed investment management. Investment management is the theory behind budgeting and saving money, making good investment decisions, and continuing the modify your investment strategy over time.
When you are looking to start investing, it is important that you work with a professional to help you make good investment decisions. An investment manager will be able to provide you with a range of services including finding investments to consider, helping you to prepare a financial budget, and helping you to identify market and portfolio risks. One of the top investment managers today is Matthew Autterson
Matthew Autterson is a very experienced investment manager and financial planner that works in the Denver, CO metro area. Matthew Autterson has more than twenty years of experience in the investment management and financial sales industry. Over this time, he has spent time working in sales, wealth management, accounting, and customer support. His range of experience helps people to better identify risks and react to market changes. Matthew Autterson also has a range of different licenses, which allows him to provide unique financial products.
Today, Matthew Autterson works as the Principal Wealth Advisor for WIN Wealth Management. In this position, he is responsible for helping his clients to reach their long-term investment goals. He can do this through a range of consultation services, which includes helping them to identify and purchase the best stocks and other funds available. He also spends a considerable amount of time to understand the needs and risk tolerance of the client, which helps to ensure that the investment strategy matches their needs.