Mike Nierenberg: Fortress’s Director and Unique Finance Manager

Mike Nierenberg plays and operates a significant role at Fortress Investment Group in NYC. Fortress is unlike any other financial institution that exists on the market today. Fortress Investment Group is commonly respected and admired by many. They are admired for the level of financial compensation they bring in annually. Clients at Fortress are consistently satisfied with the advisors, managers and team of directors. If clients are pleased with a financial entity, they can continue business without any hiccups. The most troubling factor for finance companies is bad reviews. If consumers are distrustful of a certain company, they will leave a negative review.

Assets are a delicate topic for many. For this reason, it is paramount that reputations remain pristine. If everyday individuals feel threatened that a corporation will scam them, they will not invest any funds. A client must feel comfortable, secure and welcome in these types of environments. The environment of finance tends to leave people feeling rushed and anxious. The environment of financial institutions is similar to that of a bank on a busy morning. There are many people waiting in line to meet with the tellers to make deposits or withdrawals. Once one person is finished, another one steps up. The entire process begins to feel like a conveyor belt.

In the case of banks, there is no harm done. However, if clients feel like they are “just another number in line,” they will discontinue business. Advisors must be trained in creating a peaceful environment for investors. The office should not be overbooked. Each investor should be seated with their financial advisor. Once the pair is seated, they can calmly and intelligently discuss the specifics of the account.

Once an agreement is reached between the pair, they can move forward with investment strategies. A common investment strategy is known as “robo-advisors.” Robo-advisors are online advisors that operate for the sole purpose of providing quality advise via mobile device or wifi. Many investors enlist their own team of robo-advisors that study stock market trends regardless of their global location.

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