The vision of Bruce Bent II has driven some of the most relevant products as well as technologies that are specific to the financial services industry. There have been several patents that have been credited to his name. In fact, these innovative processes of Bruce Bent II have laid the foundation for the Double Rock companies. These processes are being considered today as being the standard in the financial field.
The entire career of Bruce Bent II has been spent with this company. His contributions to the developing of cash sweep along with the expanded sweep programs insured by FDIC have transformed this cash management landscape completely. Today it is a multi-trillion dollar industry. Bent II has worked with Access Control Advantage to provide a defined solution for contribution plan loan that is fully automated. This can help to reduce the borrowing being made by plan participants. It can be reduced by nearly 25% at an average.
Bruce Bent II has the responsibility for prescribing the strategic direction to be taken by all these companies.
He is a member of the Young Presidents’ Organization. This is a peer network organization. It is connecting over 10,000 young business leaders from all across the world. Bruce Bent II has been the finance chairman of the Gotham Chapter of this organization, in Manhattan.
Bruce Bent II is also having a membership of the Entrepreneur’s Organization. This is in New York. He is a part of the President’s Advisory Council of Scenic Hudson. This is an environmental organization. It is a land trust that is designed to protect and preserve the Hudson River. It wants to restore its natural beauty. The aim is to promote its riverfront as a public resource. Recently Bruce Bent II has been featured in the book called, “Leadership Secrets of the World’s Most Successful CEOs.”
He has a Bachelor of Science degree in Philosophy. He earned this from the Northeastern University.
He has vast experience in the financial services industry. He believes in the power of the money market Mutual funds as these have low volatility while promising high yields.
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