Bruce Bent II stands out as a business executive who wears several hats and skillfully undertakes management roles. He is the vice chairman of Double Rock, a cash management and financial technology company based in New York. The company is a proud innovator of several cash-related technology solutions and has six subsidiaries. Bent serves as a senior executive to each of the subsidiaries of Double Rock.
Bent is accredited with the success of The Reserve Primary Fund, a money-market fund founded by his father in the early 1970s and the leader in the money-fund market. He oversaw the growth of several products offered by The Reserve, where cash assets grew from$4 billion to over $130 billion in his 17-years’ tenure. Mr. Bent’s success is well grounded in his wide experience and knowledge of financial markets, technologies and intellectual property.
Bent is a holder of over 60 privately held patents, most of which have greatly impacted the FDIC-Insured cash roll out. His outlook has given much-needed leadership in the dynamic yet conservative financial market. He was at one time a columnist for the World Journal and China Press. His visionary view of management and the general contributions to the business world have led him to be featured in the book Leadership Secrets of the World’s Most Successful CEOs. Also, The Corporate Insider’s Guide to U.S. Patent Practice has also quoted Mr. Bent as a lead expert on matters patent.
When the Lehman Brothers went down in 2008, Bent undertook the delicate process of winding down The Reserve money market mutual funds products.
As a successful entrepreneur, Bruce Bent II is a member of several organizations that encourages entrepreneurship and advances the business platforms including Young Presidents’ Organization and the 99 Jane Street Condominium Association where is a board member. He is also a former member of the Entrepreneurs’ Organization in Manhattan.
For more information on Bruce Bent II on Twitter @bbentii