Forefront Management Group, LLC, CEO and Founder Brad Reifler is introducing a new investment fund, the “Forefront Income Trust.” The investment fund is designed for an individual that is not an accredited investor. To be an accredited investor, an individual must have $ 1 million or more of net worth.
PR Newswire reports that Reifler is attempting to service the financial needs of the unaccredited investor. “For several years I was only focusing on the accredited investor that makes $200,000 a year or has a net worth of more than a million dollars not counting their house,” Reifler commented.
The investor protocol was created to protect uneducated investors from losing their investments in speculative and uncertain investments. Internet accessibility has allowed investors to become more knowledgeable and savvy than they have been over the past 25 years. Reifler remarked on Twitter, “I’m now shifting everything to the non-accredited investor with a plan designed for the 99 percent who are overlooked.”
The Securities and Exchange Commission (SEC), mandates that to be designated an accredited investor, they must be a corporation or:
1. an individual with a net or joint worth more than $ 1 million and does not include their primary residence market value.
2. an individual with reported income greater than $200,000 in the past two years or joint income greater than $300,000 for the past years.
In 2010, the SEC Investor Advisory Committee suggested that the term and application of “accredited investor” be redefined. The net worth protocols, established over 30 years ago were outdated. The committee recommended that the protocols be replaced with measures based on financial sophistication such as education, experience, and professional credentials.
Capitalizing on these revisions, Reifler set up the Forefront Income Trust, thus enabling the average investor to reap an unattainable financial reward. Individuals can now invest a minimum of $2500 every quarter. Reifler’s Income Trust products are not tied to the stock market, which allows for potential growth but with added risk.
Established in 2009, Forefront Management Group, LLC is an investment banking and wealth management organization. It provides clients financial and investment opinion advisory services. Forefront Management Group, LLC has offices in Austria, Latin America, United Kingdom, United States and Singapore. More information about Brad Reifler can be sought through CrunchBase.