Fortress Investment Group remains in history to be the pioneer wealth manager to list its stocks in the stock market. The intentions of the company to sell almost 70% to the members of the public was criticized by a significant number of experienced financial analyst and money market experts who noted that registering in the money market was not the best move. However, under the stewardship of Wes Edens, the company went ahead to register in the New York Securities Exchange after which it accessed a significant number of benefits.
One of the main benefits that Wes Edens helped the company get after registering in the money market is a significant number of customers. The whole process of registering in the financial market acted as a marketing strategy to the company. The significant attention that the media gave to the investment company attracted a large number of potential investors who wanted to get investment services from the organization.
Wes Edens can also be said to be the face behind the large amounts of income that the company received after selling its stocks to potential investors. It is evident that a large number of companies which trade in stock exchange do so with the aim of getting sufficient resources that would help the organization to achieve its intended goals and objectives. Fortress Group acquired sufficient capital that enabled the firm to invest in alternative assets.
Other members were brought to the board of management to oversee the operations of the company and help it to rubber stamp its authority in the wealth management industry. Some of the investors who bought the shares of the company are experienced enough to handle various aspects of organizational management. The experienced investors were incorporated in the expanded board of management at the company which helped the firm to make some important decisions for growth purposes.
Wes Edens has consistently proved to be a reliable executive member of Fortress Investment Group who has been playing a key role in managing the stocks of the company as they trade in the market. He is also the face behind the idea of splitting the shares of Fortress Investment Group with the aim of ensuring that the organization brings many investors on board.
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