Bruce Bent II is an entrepreneur with an extensive knowledge in the money market. He has experience in creating limited asset management, cash related results for broker-deal, financial institutions, certified plans, and the retail market. He is the reason for the success of various products in the technological development and for the growth of FDIC-insured programs. He holds over 60 patents. His inventions have helped to shape the outlook of the FDIC-insured cash management.
Bruce Bent II was the manager and Chief Executive Officer of The Reserve, which is a money market mutual fund and FDIC cash management company. The Reserve was one of the largest privately held money market companies, and also provided the second largest money market fund worldwide. He was responsible for it’s growth. He was mainly in charge of the orderly liquidation and acquisition of some of the company’s subsidiaries and partners. With Bent’s direction and guidance, he grew the products to a revenue of more than $133 billion, over a period of 17 years.
Bent became the Vice Chairman and President of the Double Rock Corporation, a financial services and technology institution. He serves as a senior executive to each of Double Rock’s six owned and subsidiary companies. The companies include Access Control Advantage LLC, a creator of the retirement market and Island Intellectual Property LLC, which involves patent licensing within the financial services market.
A well known figure, Bent has been featured in the Wall Street Journal, Financial Times, the New York Times and many other publications. He previously had a column in the World Journal and China Press that discussed the subject of investing. Bent was featured in the book Leadership Secrets of the World’s Most Successful CEOs and on the back cover of The Corporate Insider’s Guide to U.S. Patent Practice.
Bruce Bent II has had great success in his entrepreneurial journey. He is an active member of the Young Presidents’ Organization. It is a peer network group that joins close to 10,000 young business professionals all over the world.
Bent obtained his B.S. in Philosophy from Northeastern University.