Ted Bauman was born in Washington D.C and raised in Maryland’s eastern shore. He attended the State University of New York at Albany and the J. Mack Robinson College of Business. Later on, he moved to South Africa and attended the University of Cape Town for his postgraduate studies in Economics and History. He settled in South Africa and worked in the non-profit sector for 25 years, providing consultation services to the United Nations, the government of South Africa and the World Bank.
He then relocated to the United States to work for the Habitat for Humanity. In 2013, he joined the Banyan Hill Publishing as an editor. He also writes weekly in the daily newsletter and The Sovereign Investors Daily. Ted Bauman evaluated the significance of a cash-balance plan as an alternative to traditional pension plans. He predicts that older workers and high earning individuals may be on the losing front without the consideration of retirement income alternatives.
According to Bauman, only a third of the American population has saved money for use after retirement. He projected that approximately 75 percent of the population has insufficient retirement savings. Corporations professionally planned for the monthly retirement income for retirees, and for many years, the majority population thought the method as the most secure source of retirement benefits. An alternative approach, the 401 (K) Plan, was recently introduced resulting in the shifting of the retirement risk to individuals. The plan places the burden on the employees to determine the amount of their monthly income to put away for retirement. The employers were simultaneously relieved of the burden of such obligations. The movement of the stock market and the savings amount are the determinants of the value of the 401 (K) account.
Ted Bauman confirms that the new method combines two types of retirement plans, thus providing the hybrid option. Ted Bauman reviews the cash-balance plan citing the advantages from the participants. The older employees may be at a loss since they have limited retirement savings, but the plan promises to topple the retirement funds for long-term pension employees. The traditional plan benefits employees by increasing their contributions, and the participants of this plan may not be willing to support the cash-balance plan.
Randal A. Nardone is one of the co-founders of the Fortress Investment Group. He also has various roles in the company, that includes the head of the investment in the Fortress Investment Group. He has been in the company since 1998. There is a history that he partnered with Wesley Edens to start the Fortress Investment Group.
This is because there was a need for starting a company since the competition began looming. The good thing is that he natured in the field of finance. The company now offers high-quality services and now has made quite some improvements. He is professionalism in some positions based in the finance field. He has assisted in the development of finances in other companies and more so his clients.
Randal Nardone had an interest in the field of law. This has given him an idea of connecting the financial industries with the legal sector. With this leadership, Fortress Investment Group has been named as one of the largest investment firms. He studied at the University of Connecticut acquiring a bachelor of Arts degree in English and Biology.
Randal Nardone also attended the Boston University and obtained a Doctor Jurisprudence Degree.
Randal Nardone was the principal of BlackRock Financial management. He was a managing director at UBS. He was also the head of Springleaf Financial Holdings.
Randal Nardone proceeded in being the secretary of Newcastle Investment Holdings, LLC. Furthermore, he became the Chief Executive Officer of Fortress Registered Investment Trust. With all this recognized by the favorite Forbes magazine. He was listed as the five hundred and fifty-seven (557) billionaire in the Forbes magazine.
Randal Nardone’s view on Softbank purchasing Fortress Investment Group was quite an optimistic view for him. He said that it would strengthen the company. It would make the company grow faster and have accessible credit sources.
They divided the total revenue gained, and the rest were set to private equity, credit hedge funds, and capital vehicles. The employees that have worked with him stated that he is a great role model to watch; and that he treated his employees quite well.
Gareth Henry is a longtime financial services professional who has spent a number of years as an analyst, researcher and head of investor relations. His most recent position was as the global head of investor relations and marketing at Fortress Investment Group. After working at this firm for a number of years, Gareth Henry accepted a position at Angelo, Gordon & Co. At this firm, he became the global head of investor relations as well as the managing director. He also became one of the partners of the firm as well. With this new position, Gareth was able to continue building on his experience of leading the promotional and client relations tasks of a top investment firm.
Prior to accepting the position as the global head of investor relations and managing director at Angelo, Gordon & Co, Gareth Henry spent a number of years working at the firm Fortress Investment Group. While he was a member of this firm, he was in charge of getting more clients for the firm as well as maintaining positive relationships with them. Over a span of several years, Henry was able to help expand the firm into many other parts of the world. He spent years establishing a presence for the firm in the Middle East, Africa and Europe. With his efforts, Henry was able to help Fortress Investment Group solidify itself as one of the leading investment firms in the world.
After completing a bachelor’s degree in actuarial mathematics and statistics, Gareth Henry accepted his first job as an analyst. At this position, he spent his time evaluating companies and determining their stock values. He would later move on to better opportunities when he accepted a position as a research specialist. With this position, Gareth would evaluate a number of different asset classes for the firm. Henry held this position at one of the top London based investment firms Schroeders. Gareth would then move to the United States to pursue an opportunity to work at Fortress Investment Group. Today, Henry has certification as an actuary in both the United States and the United Kingdom.
Matt Badiali, a financial advisor with an extensive background in geology. Is the man who helped familiarize the financial community about “Freedom Checks” and the potential gains investors could make from them. Badiali has said that people of any age or income level can begin receiving these checks and a modest sum of ten dollars can get anyone started in this great investment opportunity. To receive these payouts, ninety percent of a company’s revenue must be related to storing, processing and producing natural resources. The company is also required to pay stakeholders these “Freedom Checks”.
“Freedom Checks” are a catchy name, but what Matt Badiali is really promoting as an investment opportunity are “Master Limited Partnerships”. These are limited partnerships that are traded on stock exchanges like other publicly traded corporations, however, they have tax advantages of partnerships but enjoy the cash flow enjoyed by companies that are public.
The United States has reduced the amount of imported oil from the Middle East. US oil companies are producing more oil domestically because of fracking. Matt Badiali is anticipating that many of these companies will see higher profits for many years to come and believes that $34.6 billion in “Freedom Checks” will be distributed this year to shareholders.
While many investors are unfamiliar with MLPs, it is easy for anyone to get involved in MLPs. Anyone with a brokerage account can buy shares of an MLP the same way they would purchase shares in other publicly traded companies. Investors then receive the Freedom Checks in the mail or have the funds deposited directly into their account. The investor can either spend the funds or reinvest them, as well as see the share price of the MLP increase over time. Investors don’t pay taxes on the distributions, and when they sell their shares they only pay the capital gains tax. There are over five hundred companies that fit all the criteria to be considered MLPs.