If anyone were to analyze Fortress Investment Group and seek the opinion of a professional financial expert, the conclusion would be that it is a very valuable private-equity firm. It is no coincidence that it was recently purchased for a whopping $3.3 billion by SoftBank. Before we talk about Gareth, it is important to note that successful corporations are not built in a day; it takes time and dedication to ensure that ideas, visions, and objectives are met. Also, companies and organizations yearning for results in the highly competitive corporate sector must value and respect its employees. One man that has seen Fortress grow to what it is today is non-other than Gareth Henry.
Gareth Henry is the true definition of an educated man. He is a graduate of actuarial mathematics from the University of Edinburg, Scotland. Due to his excellent grades achieved while in school, Gareth was able to land a job at Watson and Wyatt working in the management research division. After a couple of years at Watson and Wyatt, he moved to Schroders, a U.K-based wealth management firm. Initially, he was as a junior manager, but with time, he rose through the ranks, and before he left, he was the product manager in the multi-asset class department.
Having acquired a lot of knowledge and gained experience in wealth management, Gareth Henry was ready for new challenges. He shifted to the US in 2007 has gotten an opportunity to work in the Fortress Investments Group New York office. He was hired to help in the marketing division, and his chief role included creating and developing healthy relationships with the company’s clientele base in Africa, Europe, and the Middle East. The other task was to fund drive and raise capital for the corporation. His performance rate was impressive, and it was not long before he was appointed an executive.
Fortress Investment Group owes its success to people like Gareth Henry and his fellow workmates. Today, Gareth is the head of international investor relations, and his primary duties include raising capital in the African, European, and Middle Eastern Markets. He continues to foster relationships with notable insurance companies, wealth funds, and pension funds.
Equities First Holdings is a leader in the provision of alternative loans using stocks as the collateral. In the recent past where the economic crisis has slowly hit the world, the need for an alternative financial solution is growing. Therefore, Equities First Holdings presents itself as the next best way to secure fast working capital for your business. These loans are characterized by the non-recourse feature that lets you walk away from the loan without worrying about paying back. For this reason, they allow you to enjoy your investment. As a matter of fact, banks and other lending financial institutions have tightened their loan qualification criteria.
Due to the economic crisis hitting the world they have increased the loan interest rates and cut down their lending options. For this reason, most of their applicants will walk away without meeting their needs. This calls for another better financial solution to get the way. Equities First Holdings offers itself as the reliable financial solution that uses stocks as their collateral to issue loans. While many other large financial institutions allow you to get the stock-based loans, Equities First Holdings offers the best services as a private firm. The large banks like the JPMorgan Chase bank issue stock-based loans. However, they have many restrictions as a public company.
For borrowers who do not qualify for the credit-based loans and need fast working capital, Equities First Holdings has grown enough popularity to serve your needs. While there are numerous options for borrowers out there to secure money for themselves, the banks have cut down their lending criteria. There is an increased interest rate on the credit-based loans.
On the other hand, the stock-based loan allows you to enjoy minimum low-interest rates of up to four percent. For this reason, you will benefit from the proceeds of your loans. Whenever you fail to pay the loans, you can walk away from the loan without any further obligation to the lender. The stock-based loans offer a higher loan-to-value ratio.
During a three-year loan term, there is always inevitable market fluctuation. For this reason, the borrower must protect their stock values. However, the stock-based loans are here to protect you from because your investment risk is low. For this reason, you will keep the proceeds of the loan without remaining under the lender’s obligation. According to Al Christy, there are marked differences between stock-based loans and margin loans. Moreover, stock-based loans are better.
Many owners of property want to rent part of the entire house to Airbnb but are not able to make a decision immediately because they do not have information that can help them understand the benefits of doing so.
Renting on Airbnb may appear an easy and fast way of making money, but the truth is there can be some unexpected drawbacks that may come with such a decision. Understanding all the issues that are likely to prevail is the first step to making a useful decision on whether to rent or not. Below are key considerations that weigh the issue to derive a useful decision.
Issues likely to arise
Having tenants comes with several responsibilities and risks that may threaten your business and its profitability. Having tenants means you immediately assume the liabilities for injuries to guests, theft, damage to the property of your neighbor, illegal activities and lawsuit that emanates from these actions. And sometimes the tenants may default payment.
Getting insurance cover
Most homeowner’s insurance doesn’t cover short-term rentals, so it is your personal duty to cater for any expenses incurred for having paid guests. This may prove too heavy to you if you have no elaborate plans to mitigate losses.
Seeking protection through Airbnb
This is a decision that you should make as an end resort when you have gone to the farthest extreme in other options. After looking at the issues highlighted, you can then make a decision on whether you would want to accept short-term guests or not. To make an accurate decision, it is advisable to engage an insurance or wealth management professional with industry experience like Richard Blair.
About Richard Blair
Richard Blair of Wealth Solutions is a focused company that has been established around offering investment advice and helping individuals make the right investment decisions. Richard Blair, a Finance graduate from University of Houston, boasts of more than 20 years offering wealth management and investment advisory services. Through his company Wealth Solutions, he has concentrated in helping people manage their wealth and come up with proper retirement plans.
Many of the businesses that have sought advice through Wealth Solutions have experienced growth and change in the first six months. Richard Blair is a professional with unique capabilities and experience that has been useful in drafting road maps for the execution of various ideas. He holds several certifications including the Certified Annuity Specialist (CAS), Estate and Trust Specialist™ (CES™) and Retirement Income Certified Professional certification. Learn more: https://www.brightscope.com/financial-planning/advisor/218993/Richard-Dwayne-Blair/