A well-known entrepreneur who has helped in the creation of innovative and short-term assets in management, Bruce Bent II has helped in the cash solutions for the broker and dealer as well as bank and retail markets. It is his vision as well as the drive he has to help even the littlest people in influential and relevant ideas for those involved with the development in cash sweeps as well as in the FDIC insured programs.
Bruce Bent II holds on to more than 60 independently held patents as well as the inventions which have helped to transform FDIC insured cash management businesses in the industry where there is more than a $1 trillion industry for today.
Bruce is a very well proven manager as well as the CEO of the Reserve. This money market fund as well as the FDIC cash management corporation that has spanned more than 17 years. He was responsible directly for those involved in the orderly liquidation as well as the sale of a number of the firms subsidiaries as well as the affiliates that it has helped during the financial downfall of 2008.
He is the vice chairman as well as the President for the leading and financial services as well as technology company known as Double Rock Corp. He acts as the senior executive for the Double Rock owned and subsidiaries for companies that include Access Control Advantage and the Island Intellectual Property who engages within the patent licensing for the financial service market. These firms are widely recognized for being the innovators within their markets.
Before the downfall of 2008, Bent worked as the president for the Reserve. It was one of the biggest privately held money market institutions for the world and they offered the second to largest money markets funds globally. They are headquartered in New York City and employs more than 300 people nationwide. It was under Bruce’s authority that the market expanded and became diversified.
Bruce has been held in various publications such as the Financial Times, The Wall Street Journal as well as in the New York Times. He worked previously on a column as the topic for investing publications for the World Journal as well as the China Press.