In the present booming economy, many individuals of all ages are thinking about how to plan for retirement. There are countless options on the table from the stock market to government run services. However, Matt Badiali’s Freedom Checks might be just what consumers are looking for. He has a academic background in the sciences, which gives unparalleled knowledge of the energy sector. In a recent Gazette Day article, Matt Badiali describes how Freedom Checks are the next big thing.As a financial analyst at Banyan Hill Publishing, Matt Badiali is always sharing the newest financial secrets with his readers. Freedom Checks are a form of Master Limited Partnership.
This is a loop hole in the tax code where a company can bypass taxes if they meet a series of requirement such as location of operations and product output. It allows for companies and investors to work together towards a business goal and receive mutual benefits. The system operates similarly to the stock market, but without the daily valve functions.The first step to getting Freedom Checks is making the initial investment. The more an individual gives a company, the greater the pay-off will be down the road. Companies use the money for a variety of purposes from expanding operations to paying workers.
The loophole in the tax code makes the industry promising for investors and businessman alike. Matt Badiali boasts how this program had put millions of dollars back in the pockets of everyday Americans.Matt Badiali’s decades of finance experience, combined with his science education, lead to this unique financial strategy. Freedom Checks are in a good spot right now. The recent tax cuts from the Trump administration have greatly encouraged this kind of investment. Matt Badiali says an individual can begin with a simple down payment of 10 dollars. The strong economy and high return rate, make the profit growth rate likely to happen quick than most can imagine.
Companies that succeed today are because of strength, dedication, and knowledge of the leaders’ who run them. The success of Fortress Investment group is through the leadership of its founder Randal Nardone. He is the man behind the foundation of the company in 1998. He has versed knowledge in the field of finance for decades. When he decided to start the Fortress Investment Group, he knew he would face competition from other companies, but he could implement his knowledge in finance that he had acquired from past experiences. Randal had been working with the clients in the past thus; he believed that he could make it by implementing positive improvements that would enhance the growth of the company. Randal Nardone is currently the CEO of the company. He has made many contributions that have enhanced the development and growth of the company.
Randal Nardone intended to enter in the field of law where he earned a graduate and a master’s degree in law. He worked for several companies where he so the need of linking up the financial field with the legal sector. He later switched law-related fields and entered into the financial industry. Randal Nardone has grown as a financial specialist and professional in the field of finance. His incredible knowledge in the field of finance has helped him to implement his skills that have helped his company in a wide range.
Nardone has been in the Forbes Billionaire List, ranked at No. #557. He has been serving as among the active management group since 1998. Later, Nardone became among the board of directors in 2006. He has also been on other boards such as the Brookdale Senior Living; serving as the director and the New Residential Investment Corp, serving as Executive Management. Nardone’s contributions have helped the growth of Fortress Investment Group and other industries.
Fortress Investment Group was started in the year 1998 as a private equity firm by its three co-founders; Randal Nardone and Wes Edens who are still current principals at the company, and Rob Kauffman, who retired in the year 2012. The main motive of the three founders was to create a special kind of investment management firm that would harness funds from private equity and later reinvest the funds in cutting-edge capital vehicles that would generate impressive returns for their clients. After its establishment, Fortress Investment Group’s asset under management snowballed from as low as $400 million to $3.9 billion within the first five years. By 2007, the company’s portfolio had risen to a whopping $32 billion in assets under management. In this same year, Fortress group made a historical move of announcing its Initial Public Offer.
As an investment company of its caliber and type, Fortress Investment Group became the first investment institution to make such a move. This was an event that was never taken lightly in the industry because shortly after the announcement, a couple of other companies of its nature followed suit. Some of the firms that announced the same were, KKR & Co., Apollo Global Management, Och-Ziff Capital Management Group, the Carlyle Group, Ares Management and the Oaktree Capital Group. These went public a year after Fortress. Blackstone Group had also gone public six months earlier. Fortress Investment Group has invested so much in its leadership. Lead by its three Chief Executive Officers; the firm has managed to have the best organizational leadership not only in the United States but also internationally. This aspect has seen the company receive numerous accolades and awards in the investment industry that are exclusively meant for the outstanding performers in the industry.
For instance, in both 2010 and 2011, the Institutional magazine named Fortress their “Credit-Focused Fund of the Year.” Later in 2012, the same magazine described Fortress Group as their “Discretionary Macro-Focused Hedge Fund of the Year.” In 2014, HFMWeek, one chief publication in the investment management industry named Fortress their “Management Firm of the Year.” In the same year, the institutional magazine also called the group the “Hedge Fund Manager of the Year.” All this is a clear indication of the kind of effective leadership that prevails in the firm. Lately, the firm has diversified its portfolio to manage other classes of assets apart from private equity. These include assets like the hedge fund, credit fund, real estate, and other traditional asset strategies.
Social Security is one of the most complex subjects in the world of personal finance. How difficult? Well, most financial advisors don’t even know how to talk about the subject to their clients. Now, financial expert David Giertz offers some valuable tips for financial advisors on how to talk to their clients about Social Security.
In a recent video interview from The Wall Street Journal, Mr. Giertz said that most advisors don’t talk to their clients about Social Security. And in a survey conducted by Nationwide Financial, four out of five clients said that they would fire their advisor if they didn’t speak to them about Social Security.
Mr. Giertz said that most advisors don’t talk to their clients about Social Security because of the complexity of the subject. Currently, there are over 2,700 rules governing Social Security. However, Mr. Giertz assets that up to 40% of a retiree’s income can come from Social Security.
Mr. David Giertz suggests that financial advisors should warn their clients from taking Social Security early. That is because the early payout option could cost retirees up to $300,000 over the course of 25 years. That works out to about $12,000 a year in lost income.
David Giertz is the President for Nationwide Financial’s Sales and Distribution. With a career spanning over 3 decades, Mr. Giertz has helped thousands of people plan their financial future. Mr. Giertz is a registered broker and licensed to engage in security transactions.
Educated at Milken University with a Bachelor of Science, Mr. Giertz later obtained his Masters in Business Administration from the University of Miami. After graduation from Miami University, Mr. Giertz was hired by Citigroup as a Financial Services Advisor. Among the certifications obtained by Mr. Giertz includes passing the Series 7, 63, 24 and 53 exams.