THE ENTREPRENEUR BRUCE BENT II

Having created an innovative cash solution and short term asset management for brokers, banks and the retail market he is recognized as an experienced entrepreneur. Mr. Bent has over 50 privately held patents; his invention has transformed the FDIC-Insured cash management landscape into an over a trillion dollar industry. Mr. Bent has a bachelor degree of science degree in Philosophy from Northeastern University.

His skills and qualifications

• Operations and Risk Management.
• Turnaround and Start-Up Leadership
• Excellent Enterprise Leadership and Strategic Planning
• Has Budgeting skills
• Rich in Business Development
• Experienced in Cost and Benefit Analysis
• Audits and Financial Analysis
• Cost Reduction
• Internal Controls
• Intellectual Property
• Consulting Crisis Management
• Public Relations
• Strategic Partnerships and Alliances
• Process
• Improvement and Operational Streamlining
• Software Development

Work Background

Before the financial crisis in 2008, Mr. Bent used to work for The Reserve and was the president of the company. The Reserve is one of the biggest money market Organization and the 2nd largest money market fund in the world. During his tenure, Mr. Bent diversified and expanded the product lines and the market of distribution. Its assets grew from $4 billion to $130 over a period of 17 years.

After the Lehman Brothers bankruptcy, Mr. Bent oversaw the winding up of the Reserve Money Market and mutual fund product. After the closure of the product line, Mr. Bent ensured that the shareholders received ninety-nine cents on the dollar for their investment. He also ensured they get a hundred cents on the dollar for their money funds.He is currently the president and the chairman of the Double Rock Corporation. The company is a leading financial tech company. He is also the senior executive of the company’s (Double Rock) subsidiary and affiliates companies. The affiliates include:

• Access Control Advantage
• Intrasweep, LLC
• Island Intellectual Property, LLC
• Landing Rock Group, LLC
• LIDs Capital, LLC.

He founded the B2 Consulting, LLC in 2013 where he was involved in giving support to companies that needed financial services, and banking. Mr. Bent also engages in consultancy, advisory and investment in the development and growth of startups such as industrial technology, consumer financing, digital currency and health care.

Achievements of Bruce Bent II

He has featured in and quoted in various publications across the US. He has also written a column in the China and World Journal on the topic of investment. He was featured as the World’s Most Successful CEOs and also quoted as a patent expert on the Corporate Insider’s Guide.
For more information follow Bruce Bent II on Facebook.

Big New for Honey Birdette

Honey Birdette is Australia’s number one lingerie retail company. The brand announced its plans for further global expansion. In particular, they plan on expanding their presence in the United Kingdom. By the end of 2018, Honey Birdette hopes to open 40 more stores in the U.K.
Following a huge rise in e-commerce sales in the United States, Honey Birdette launched a brand new site available to American shoppers. Last year, Honey’s e-commerce site saw a 374 percent increase in U.S. sales. Following that surprising increase, the company immediately began taking action to create better customer experiences for their U.S. shoppers. Now, U.S. shoppers have free shipping rates for orders over $50.
Honey Birdette was founded on the premise of providing great quality products with the best customer experience possible. Its founders, Eloise Monaghan and Janelle Barboza, sought to serve and underserved niche in the Australian market.
Within the first few years of launching, BB Capital invested in the company. The company is now the largest retailer of high-end adult products. Currently, Honey Birdette has 50 stores nationwide. Honey Birdette is loved for its carefully crafted lingerie and adult products. Even their boutiques are beautifully decorated, focusing on making their customers feel like the center of attention.
Making the customers feel special is the job of the boutique “Honeys”. Honeys are the engaging sales staff at all Honey Birdette stores. They’re renowned for their playful and theatrical sales style. It’s their job to entertain, guide, and educate every patron.
Every visit to a Honey Birdette boutique is a trademarked and unforgettable experience. More stores are opening in the U.K. all the time. The rest of Europe and the United States can expect Honey Birdette boutique to begin appearing in the coming years.

Cassio Audi: A Scion of Multi-skills and Experience

In the corporate sector, a talent with numerous skills is usually valued assets. Multi-skilled employees are highly sort after. Cassio Audi is such multitalented company executive who has had a successful career as a musician. In a musical career spanning over four years, he was the lead drummer of Vipers. During his time with the rock and pop band, he helped in the writing, performing and arranging of three tracks including ‘Soldiers of Sunrise’, ‘Theatre of Fate’ and ‘All My Life’. Despite leaving the band in 1989, Cassio Audi later joined the band on stage in 2016 to belt some of their favorite hits.

Management, Leadership Style and Skillsets

Over the years, Cassio Audi has developed numerous skills and refined his leadership and management acumen. At the core of his ability to take on clients from all over the world is his proficiency in English and Spanish. His over two decades experience as a company executive has imparted in him excellent cross-functional team leadership skills. He is also an excellent project and financial planner and a specialist in carrying out due diligence. He has also specialized in project and business planning as well as company restructuring and valuation. He holds a Bachelor of Business Administration degree from Pontifícia Universidade Católica de São Paulo where he graduated in 1994. He later specialized in finance during his Master’s of Business Administration studies at Universidade de São Paulo.

Career Background

Cassio Audi has over two decades of experience serving some the biggest corporations in Brazil. In 1992, he joined JP Morgan Chase hired him as a trader before moving to Dow Chemical as a senior financial analyst in 1996. Gillette later hired him in 1997 as a finance director before joining Brookfield Brasil Real Estate Partners Inc. as a chief financial officer in 2006. After overseeing the company’s restructuring, he joined Rossi Residencial and Rossi Commercial Properties for over three years. He also joined GVMI as managing director and chief financial officer in 2013.
For more information follow Cassio Audi on Facebook.

Understanding Bruce Bent II’s Money Market Funds

Money market funds (MMF) are otherwise known as money market mutual funds. Bruce Bent II and Henry Brown established the first MMF in 1971. Brokerages, mutual fund firms and banks offer MMFs. Those who sell stocks often place their funds in a mutual market fund. These accounts, however, are ideal for people who want to save cash for short-term goals and well as emergency funds. It’s important to understand that MMFs aren’t FDIC insured. Therefore, they’re associated with a little bit of risk. Nonetheless, compared to basic bank accounts, they offer better interest rates.

According to Wikipedia, the risk associated with money market funds is minimal because these accounts are highly regulated. The proceeds in the fund are invested in short-term debts securities. The primary goal of an MMF is to keep the share price at a dollar. Even though we can’t be certain that the share price will stay at $1, investors don’t lose money on these mutual funds.

There are two kinds of MMFs: tax-free and taxable. The main different between the two money market funds is the ROI. Taxable funds have a higher return on investment. Before picking an MMF, be sure to calculate the yield of each fund to determine the one with the best returns.

When you sign up for money market mutual funds, you’ll have to pay the expense ratio. This money is used to pay for the services of the individual managing your investment. It’s important to find an MMF with a low expense ratio. Avoid mutual funds that charge above the average rate.

About Bruce Bent II

Bruce R. Bent II is a smart and innovate entrepreneur and a leader in the financial industry. His father was quite popular for creating the first ever money market mutual fund. Bruce Bent II is the president and vice chairman of a financial technology firm called Double Rock Corporations. Bruce is also a senior executive at Landing Rock Group LLC, Intrasweep LLC and other affiliates of Double Rock.

Mr. Bent’s excellent entrepreneurial skills have helped him come up with some of the best products in the financial service industry. He has spent many years developing cash management solutions for several clients. Bruce Bent II is part of the Young Presidents’ Organization.

For more information on Bruce Bent II follow him on Twitter.