Mr. Bruce R. Bent is an inventive and successful business man who has earned himself a lot of recognition. Having been active in the business market since 1970 Mr. Bruce R. Bent has completed many significant business deals, with his most recognized achievement being the invention of the first money market fund. Working together with a man called Henry B. R. Brown Mr Bruce R. Bent came up with the invention during brainstorming.
The invention of the money Reserve is a revolutionary one for a few reasons. The business of selling and buying money has been a very saturated one over the course of many years. That used to be the way that people working with wholesale. After the invention of the Money reserve that industry became a lot more organized and had more rules and regulations which helped enhance the experience. It also removed some of the risks of ding such business as it used to have a lot more aspects that were viewed as unstable by the people involved in doing wholesale like that. The industry is currently worth trillions of dollars and most of the population of the United States of America is heavily invested in it. It keeps expanding and becoming more saturated every year.
Mr. Bruce Bent was born and raised in New York City in the area of Great Neck. He used to attend the St. Aloysius School after that he also attended Great Neck North High School. Mr. Bruce bent also received a degree from the St. John’s University. Mr. Bruce R. Bent worked at Wall Street and after that he gained some experience as a part of the LF Rothschild and Company Inc. During his [position at the TIAA – CREF Mr. Bruce R. Bent met his current partner with whom they started a company and also made the invention of the money reserve. met Mr. Henry B. R. Brown has been both a good friend and the best work partner Mr. Bruce bent could ever ask for. The two colleagues have been working together since 1968.
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