Wes Edens; the Finance Mogul

Wes Edens; the Finance Mogul

Wesley Robert Edens, is an American businessman who has shaped his career around the world of investments. He co-founded Fortress Investment Group and is the co-owner of Milwaukee Bucks. Moreover, has served as the Chief Investment officer, a principal and President of Private Equity. He has been the head of Private Equity and served as Co-Chairman since August 2009.

Early Life

Born in 1961 in New York, Mr. Wes graduated in 1984 from Oregon State University with a bachelors’ degree in Finance and Business Administration. He is blessed with four children with his wife Lynn Edens. In 2007, he was ranked 369 on The World’s Billionaires 2007. He bought Milwaukee Bucks in 2014 with Marc Lasry for $550 million from Herb Kohl.

Career background

Between April 1998 to July 2003, he was Chief Executive Officer at Fortress Investment Group. He became Chief Executive Officer of Newcastle Investment Holdings in June 2002 and left in February 2007. From October 2002, Mr. Wesley functioned as Chief Executive Officer of Eurocastle Investment Holdings till April 2006. In 2005 at Global Inc, he served as its president.

Duties

Other than that, he was also CEO and president of Capstead Mortgage Corp. Between April 2000 and July 2003, Wes worked as Chief Executive Officer of Impac Commercial Holdings. From May 1999, He was also head of Global Principal Finance Group, to November 2000.Mr.Edens became Managing Director of Union Bank of Switzerland in May 1997 and held the position till May 1998. From October 1993 he was a partner and worked as managing director at BlackRock Financial Management to may 1997. He was also a partner and served as Managing Director at Lehman Brothers between April 1987 and October 1993.Since June 2002, Mr. Wesley Edens has worked as Chairman and Director of Drive Sharks Inc.He has also served: Intrawest Resort Holdings, OneMain Holdings, New Residential Investment Corp, Fortress Transportationand Infrastructure Investors, Nationstar Mortgage Holdings, SeaCube Container Leasing Limited, Aircastle Limited, and Rail America Inc among others.

Edens and Fortress Investment Group

Wesley is Co-Chief Executive Officer of Fortress. He has served as a member of the board of directors from 2006. Since 1998, Wes has served as a member of the Management Committee of the firm. It is reported that Wes takes home $54.4 million annually. This is inclusive of $13.4 million compensation from Fortress Investment Group and $41 million in dividends from being a shareholder. As of the most recent proxy statement filed in April, Wes held 63.3 million shares of Fortress’s stock.

Jason Hope’s Vision for the End of Aging

Jason Hope is a very successful businessman. Since his graduation from ASU with an MBA Hope has grown into a top-level entrepreneur. He is sought after by many for his expertise in various aspects of business. This is only one side to Hope, who also wears the mantle of investor, philanthropists, and avid futurist. Futurists are individuals interested in the future, and the impact the present has on it. Many watch current trends and make predictions, others do their part to bring their vision into fruition. Jason Hope has a vison for the future, the end of aging, and he is investing in that vision to ensure it becomes a reality.

In 2010 Hope donated half-a-million dollars to the SENS Research Foundation, an organization at the forefront of rejuvenation technology. Hope stated that his investment was made because of SENS approach to anti-aging. The company looks to stop the processes within the body that cause it to break down. Such processes, like the build-up of advanced glycation, or AGE- waste, is responsible for the body aging and becoming vulnerable to serious illnesses. Finding the cause of what makes people age-faster is revolutionary, and Hope is a huge supporter. His problem with traditional medicine is it only offers treatment, in SENS Hope sees cure. In addition to providing funding faithfully, Hope is also a spokesman for the company, representing in numerous social outings. Entrepreneur Jason Hope Invests in Research Against Aging

According to Jason Hope rejuvenation technology is the end of aging. SENS AGE-breaker research is proof enough of that. If the processes that create aging in the body can be reversed, slowed, or shut down, then individuals will enjoy a longer more fruitful life. Many speculate that investors like Hope want to live forever, and for many that is true, but at the end of the day it is also about improving the quality of life for all people. For Hope, that is what he wants to see in the future.

Subsidiaries Of Equities First Holdings

Founded in 2002, Equities First Holdings is a reputable company in their own right. They have quickly built a network of borrowers who are their trusted customers. The lender is well known for offering stock based loans to those in need. Now the company has global aspirations that need to be considered by investors. People are watching to see what moves Equities First Holdings will make in the future.

http://www.marketwired.com/press-release/equities-first-holdings-llc-develops-transaction-with-australian-company-environmental-2185241.htm

Equities First Holdings has issued transactions with several major companies. They are doing business with an Australian environmental company on the market. That gives Equities First Holdings an international presence that is unparalleled. These moves are impressive for a firm that is relatively young overall. The firm is renowned for the transactions that they have issued.

The Future of Technology

Jason Hope is an entrepreneur, technology expert, blogger and one of the most well respected voices within the field of technology and where it is headed in the future. One of the most vital things that we can do as a society would be to look into trends of the fact and determine where we can expect to find ourselves in the future. Today, most people have become addicted to things such as their smartphones and tablets, they use this technology each and every day without giving it a second thought. It has become almost natural for people to pick up these devices and communicate with friends, post pictures on social media or simply catch up on the latest viral video. However, Jason Hope sees a future that is not just based around the smartphones and tablets that people use today, but an array of smart internet-connected devices that work with each other. The appliances within your home will be able to sense that it is time to brew a fresh pot of coffee when you are headed into the kitchen, this will allow you to enjoy your breakfast with the help of technology. The result of The Internet of Things and devices that are connected to each other would simply be that you are going to be able to focus on more of the things that are actually important within your life. People are going to become more productive thanks to advances in everything from internet-connected toasters, to lightning that is connected to the internet and just about anything else that you use on a daily basis. In fact, society has already seen great benefits from things such as these when the average person is able to request a ride and have a driver come to their home within a matter of minutes.

Technology is only going to become more important to society and this means benefits for every one of us. Any person seeking to learn more about technology and where it is headed would be smart to connect with Jason Hope on a variety of social platforms, he offers a unique and informed opinion on all things tech.

Why Aren’t Advisers Talking to Their Clients About Social Security?

Financial advisors need to start talking to their clients about social security, says financial expert David Giertz. In a video interview with the Wall Street Journal, Giertz said that many advisors are not speaking to their clients who are retired or are within ten years of retiring. The problem with this, says David Giertz, is that surveys show that four out of five people would immediately switch to a new advisor if they knew that their current advisor would not talk to them about social security and that the new advisor would. Part of the reason for this, says David Giertz on moneytips.com, is that social security is a very complex topic with thousands of rules. Financial advisors who are not comfortable with their knowledge of all the rules may shirk talking about the subject.

However, says David, it’s important for retention rates. As mentioned, many people will simply leave their advisor if they see they are not talking about social security on SoundCloud.com. Besides, a big part of the financial planning for retirement MUST include social security, since income is a major part of it, and social security is a major part of the income of many seniors. In addition, social security must be planned out — starting too early can cause people to lose lots of money.

David Giertz is the President of Nationwide Financial Distributors. He was also the President of Nationwide Financial’s Financial Institution Distributors Channel and Wirehouse Distribution Channel. He studied at University of Miami School of Business and Millikin University.

He has an MBA in Business Administration and Management. He also has a Bachelor’s in Business Administration and Management. At Nationwide Financial, he is in charge of the wholesale of life insurance, retirement plans, annuities and more through financial institutions such as banks, regional firms, wirehouses and independent brokers at https://vimeo.com/davidgiertz.

Don’t Forget Social Security In Retirement Planning

Is your financial advisor talking to you about your Social Security benefits? David Giertz, the President of Nationwide Financial’s Sales and Distribution organization, was interviewed by Wall Street Journal recently, and he reported that many financial advisers don’t talk to their clients about Social Security at all. Nationwide conducted a survey of people who were retired or planning to retire in 10 years and found that many of them hadn’t even considered Social Security into their retirement plans on Spokeo. Additionally, four out of five respondents said they would leave their financial adviser if Social Security wasn’t considered in their retirement plan.

Why is Social Security Avoided?
Social Security is a very complex financial tool. The handbook alone lists 2700 rules regarding the use of Social Security and eligibility on Whitepages.com. The other reason is rules change for people based on their age and their work history. Everybody is different in how the rules are applied, and it seems the rules are constantly changed. But it’s important people understand and involved Social Security in their financial plans, in some cases Social Security can be 40% of a person’s retirement income, that amount shouldn’t be avoided by advisers.

David Giertz
David Giertz has over 30 years of experience in the financial services industry. He is the President of NFS, Inc., Nationwide Financial’s sales and distribution organization. He is in charge of forming the strategy and distribution of mutual funds, specialty markets, annuities, life insurance and retirement plans. He works with warehouses, regional firms, independent brokers, and banks.

David Giertz graduated from Millikin University with a degree in Business Administration and Management. He received his MBA from the University of Miami in 2003. He is also on the Millikin University’s Board of Trustees. He is currently based out of Columbus, Ohio.

More information at https://brokercheck.finra.org/individual/summary/1515515