In 2010 the Investor Advisory Committee began reviewing accredited investment regulations on a regular basis. This is a requirement of the Dodd-Frank Act, and the committee’s recommendations shed insight into significant investment challenges for the middle class.
In the past only the super-wealthy have been able to obtain accredited investor status and thus take advantage of some of the high-risk/high-gain opportunities available. To become accredited, investors are required to have an annual income of at least $200,000 or a net worth of at least $1 million. This high bar, though designed to protect investors from risky or exploitative markets, has become a significant barrier to middle class investment.
In response to the need he saw, Brad Reifler developed Forefront Capital’s latest venture, Forefront Income Trust, detailed in depth in this Yahoo! Finance article: Brad Reifler and Forefront Capital Want to Diversify Your Portfolio.
“I’m…shifting everything to the non-accredited investor with a plan specifically designed for them,” Reifler stated on Twitter. Forefront Income Trust aims to provide a realistic investment alternative for those impacted by accreditation rules. Clients with only $2,500 to invest can, through Forefront, build diverse portfolios with high gain potentials. The diversity and structure help to mitigate investment risks and Forefront’s experienced investment professionals provide consultation and investment advice. Over time, clients can turn smaller savings into significant investments.
Forefront was built for middle-class investors, and their philosophy continues to be geared towards the middle class. Based on a proven career history, Reifler knows that the investment needs and goals of the majority of investors have not been met by the market, and Forefront provides a needed bridge of risk management and investment opportunities. About.me has more information.