1998, the year when Randal Nardone, Wes Edens, and Rob Kaufman teamed up and decided to work jointly thus resulting to an asset administration firm which is famous as Fortress Investment Group being brought to existence to this corporate world. Previously, they had a chance to serve in the different financial institution before resolving to erect the Group and while in these firms they gathered a lot of experience concerning this industry. Having come along with the skills and knowledge to the Group was an assurance of a bright future ahead for the firm. Currently, some of its co-founders are still serving there while others have already left by resigning and even via retirement such as Rob Kauffman have already retired.
Fortress Investment Group has been doing all it can to ensure that it guarantees its clients a secure investment form and in achieving this, it has incorporated iPass technology as one way of broadening its investment strategies. In their contract it only permits iPass immediate access of $10 million and this cloud-based SaaS investment form being viewed to be just for the elite firms; therefore, Fortress becomes one of them by adopting the advancement.
The agreement between Fortress Investment Group and iPass is considered to be secure after iPass agrees to use its patents and assets as collateral for the contract. The Group’s decision to use this form of investment technology is viewed to be wise since its customers are assured to have a nomadic experience in future. Also, the agreement is all-inclusive beneficial because both parties do expect an improvement in their profiles as well as promising its investors to be getting a permanent dividend. Fortress Investment Group has become an iconic figure to financial word due to its mega accomplishment, excellent reputation, the right image and also being highly ranked regarding its equity study.
The role of Fortress Group in the shaping of the investment industry cannot be matched by any other organization in the investment sector. This is because of the significant contribution that the company has made to the industry so that the clients of all the companies in the investment industry could benefit. For instance, the leadership skills that Fortress has given to its employees and those of other companies have been very critical in the polishing of the customer services of all the companies. This has been done through the training that the company holds with the inclusion of willing employees of the competing companies.