Banks are often buying other banks, but when the news hits that a bank purchased a large investment company, it’s going to get some press. SoftBank recently purchased Fortress Investment Group for more than $3 billion, and it’s setting in that there is a good reason for the acquisition. The sales of the investment group was approved by shareholders in July of 2017, but the transaction was not final until the end of the year. Why does the purchase make so much sense?
Consider that looking into the history of these two companies is similar. The more you learn about each of them the more you realize that this made perfect sense. Both of these companies have shifted gears numerous times over the years, but they also seek out the opportunities that are emerging. Technology is the foremost opportunity because it’s always evolving.
When SoftBank was first founded by Masayoshi Son, the company was leveraged as a wholesaler for PC software. Over the years, SoftBank has invested in tech companies, now able to share that they hold stakes in several hundred software companies. Most of these companies are focused on offering products that are most commonly used for the purpose of making technology work better including:
• Tech services
• Fixed line telecommunications
• Internet service
It was a great time for Fortress Investment Group to enter into the picture, mainly because their goal always has been to become the largest investment company in the world. The founders, all well-educated and offering vast knowledge of law and finance, have made this company soar beyond their wildest dreams. Although they have always shifted gears as often as SoftBank, Fortress Investment Group has always remain focused on being adaptable and willing to change on the route to success.
Despite the acquisition, Fortress Investment Group will still manage their daily operations as they see fit, while SoftBank’s role is merely to lean on them for the investment piece as they find new opportunities.
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Leadership is a quality that people are not just born with. It takes years of molding yourself, going through situations that help define you as a person to determine how much of a leader you are. For Vincent Parascandola, his whole life has led him to become the leader he is today.
As the current Senior Executive Vice President of AXA Advisors, LLC, Parascandola is responsible for oversight on numerous tasks and portions of the company, including sales, management development, recruiting, retention, productivity, and the development of experienced financial professionals. But he did not just reach this position by happenstance; over the previous 25 years of his life, Vincent has been moving from company to company, gaining wisdom in the industry and becoming the leader he is today. Check out Brightscope to know more.
Starting from his graduation from Pace University, where he returned in 2014 to give the commencement speech to that year’s graduating class, Vincent Parascandola has worked as an agent for Prudential and was named the Rookie of the Year in 1987. He moved on from that job to holding various local and regional management positions with MONY Life Insurance Company until he landed with his current company in 2004. He held various positions, including the co-manager of the New York Metro branch, where he oversaw over 400 financial professionals in the tri-state area. Visit WalletHub to see more.
The numerous awards Vincent Parascandola has achieved over his lifetime of work point to how great of leader he is. He was awarded with GAMA’s Career Development and Master Agency Award along with many other management awards and is a routinely sought-after speech giver across the nation.
Cone Marshall is one of the most reputable law firms in the world. The law firm is headquartered in Auckland, New Zealand, and it serves consumers from all parts of the globe. The institution was started in the year 1999, and since then it has earned the respect of many clients for offering tax and trust cases. The firms act as a consultancy to international and domestic problems.
The reputable law firm is currently led by two qualified and experienced professionals who have been in the legal industry for a very long time. Since 1999, Cone Marshall has remained one of the greatest advocates for transparency, especially in tax laws and state cases. This is one of the reasons that company has earned its international status.
The leadership of Cone Marshall always stands out from the rest of its competitors. The past career lives of these two leaders of the company speak volumes about the success and competence of the organization. Karen Marshall is one of the principals at Cone Marshall, and she joined the institution in the year 2005. Karen boats of working in the law industry for more than fifteen years. Before joining the reputable law firm, Karen worked as a lawyer in one of the biggest law companies in London, and she mostly specialized in commercial litigation.
After joining the company in 2005, Karen worked hard and offered her full services to the law firm. Her prowess and dedication in the business made her rise to become a principal of the institution in the year 2006. She has remained in this position up to date. In the company, Karen specializes on statutory trustee companies, and this has given her a lot of experience.
Geoffrey Cone works as a principal at Cone Marshall too. Geoffrey has worked in tax law matter for a long time, and his experience and expertise have played a predominant role in the success of the institution. Geoffrey has spent most of his career in the international tax planning and trust activities, and this means that he is well -versed with the skills needed by the law firm. He displays these skills when handling the international tax and estate cases at Cone Marshall.
Geoffrey Cone is respected as an experienced tax lawyer whose achievements have used a motivation to many upcoming lawyers in New Zealand and other parts of the globe. There has been a significant increase in the cases involving international trusts in the recent future, and this has put Cone Marshall in the limelight.
The Midas Legacy is a special company home to Winter Garden in Florida. What makes them special is the way they try to help people not only with their aspirations for success, but with living a healthy and happy life as well. Many clients that come looking for the company’s services were entrepreneurs and people who wanted to achieve wealth. But there are also many others who are looking not only for success, but to live happily without being weighed down by stress. The Midas team is passionate about helping people achieve what it is they are looking for, more so than just focusing on the aspect of great wealth, which makes them truly different in comparison to company’s that offer financial services and advisement.
Many aspiring entrepreneurs out there are finding it difficult to maintain all the different aspects of running a business, especially with the number of distractions and commitments present in most peoples lives day in and out. The Midas Legacy can help people by directing them and helping them with their decisions and planning to give them the capability of doing it for themselves in the future. The company is welcoming to all who are looking to improve on their lives and circumstances, not just those who are aspiring for financial independence and wealth. The best client in the eyes of The Midas Legacy are those who have ideas of their own that they want to make into a reality and will extend their boundaries. Similar companies to The Midas Legacy typically only offer services for and to those who are looking for financial success and not other aspects of life, which makes the company unique in the industry.
True success, according to The Midas Legacy, goes much farther than the wealth someone is able to obtain, because all the money in the world isn’t going to make someone’s life happy or fulfilling. This is why the company takes a thorough approach to their clients, to figure out what it is they really need and want. Regardless of someone’s level of experience or if they are new to business entirely, The Midas Legacy is ready to help.