Brad Reifler had created the Forefront Income Fund as a vehicle to allow investing to those individuals not classified as accredited investors, those making $200,000 or more per year or those with a net worth in excess of $1 million excluding their home. Non-accredited investors are shut out of many investment vehicles, and Brad Reifler sees this Income Fund as a way to reach those individuals. It will give them the opportunity to increase their savings in a manner not previously available with a minimum investment of $2,500. This is a fund for what calls the 99 percent.
Accredited investments normally carry a higher risk so the idea is to limit them to those individuals who could afford to lose money. Reifler’s Forefront Income Fund is no riskier than any other investments, as he has sought to limit the risk through safeguards and the use of skilled investment professionals. He also points out that he will make no money unless the client realizes a return of 8 percent, thus giving his company the incentive to make sure the income fund succeeds. Reifler promotes the value of compounded returns as a way for the average investor to generate significant returns. He believes the average investor is smart enough to invest in this type of income fund.
Brad Reifler founded Forefront Group in 2009. It offers investment banking and wealth management for individuals and institutions. His Forefront Income Fund is his latest idea to expand his client base and offer services not previously available. Reifler founded Reifler Trading Company in 1982, and continued with that firm until it was sold in 2000.