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Remarkable Innovation. Strategic Solutions.

Double Rock Corporation is a cash management and financial technologies firm. Our companies offer innovative cash, cash-related, and technology solutions.

Our Solutions

We leverage our cash management solutions and business and technology strategies to provide value-added services and compelling results for clients.

  • Double Rock provides

    Insights and solutions to address cash management obligations

    The consultative approach we promote contributes to a deep understanding of clients and their interests. Solutions are insightful and adaptable to each client’s specific goals and requirements.

  • Double Rock Offers

    Business and technology strategies for companies

    Through our broad service offerings, we transform how companies and individuals think about their financial future, improving bottom line profits, achieving higher rates of client retention and acquisition, and realizing greater efficiencies

Our Companies

We provide innovative cash, cash-related, and technology solutions to the bank, broker-dealer, qualified plan, and retail direct markets.

Our Leadership

  • Bruce Bent Headshot

    Bruce R. Bent

    Chairman

    Before the creation of the money market fund in 1970, investors in mutual funds were limited to either stocks or bonds. As for demand savings, the selections were few, lockup periods were long and rates did not reflect m...

    Bruce Bent Headshot

    Bruce R. Bent

    Chairman

    Before the creation of the money market fund in 1970, investors in mutual funds were limited to either stocks or bonds. As for demand savings, the selections were few, lockup periods were long and rates did not reflect market conditions. Even Treasury bills required a minimum of $100,000 and a lockup of 90 days. After Bruce Bent and Henry B.R. Brown’s invention, individuals and institutions could invest as little as $1,000 and earn better returns than bank savings accounts while still maintaining instant liquidity. In the ensuing, the move from bank products to money market funds, a multi-trillion dollar industry, has earned investors more than $200 billion in additional income.

    Before founding The Reserve in 1970, Mr. Bent was a General Partner in the investment banking firm of Brown & Bent, which was established in 1968. He began his career at L.F. Rothschild & Co. as factotum for the managing partner, and then moved to TIAA-CREF, the world’s largest pension fund, where he worked with marketable bonds and private placements and was responsible for cash management. In 1967 he moved to the corporate finance department of Stone & Webster Securities.

    Mr. Bent is active in political and charitable endeavors. He co-founded Change New York and the Club for Growth, both of which support government reform initiatives. Mr. Bent ran for County Executive in Nassau County, New York, on a similar platform.

    Mr. Bent serves as Trustee Emeritus for St. John’s University after 20 years of active service as a member of the Executive and Investment Committees and Chair of the Facilities Committee. Mr. Bent was inducted into the Hall of Fame of both Money and Financial Planning magazines. He is also featured in the Museum of American Financial History, an affiliate of the Smithsonian Institution, for his creation of the money market fund along with his former partner Harry Brown.

    He has been a guest lecturer at prominent institutions, including St. John’s University, New York University School of Business, The Wharton School, and Harvard University School for Presidents. Mr. Bent received a bachelor’s degree in economics from St. John’s University and took his MBA coursework in corporate finance at New York University’s Graduate School of Business.

  • Bruce Bent II

    Vice Chairman & President

    Bruce Bent II is Vice Chairman and President of Double Rock Corporation®, a leading financial technology company, providing the industry’s most innovative cash management and cash-related solutions to the broker-deale...

    Bruce Bent II

    Vice Chairman & President

    Bruce Bent II is Vice Chairman and President of Double Rock Corporation®, a leading financial technology company, providing the industry’s most innovative cash management and cash-related solutions to the broker-dealer, bank, qualified plan, and retail markets. Mr. Bent is senior executive to each of Double Rock’s wholly owned subsidiary companies and affiliates, which include Access Control Advantage, Inc., Intrasweep LLC, Island Intellectual Property LLC, Landing Rock Group LLC, and LIDs Capital LLC.

    Mr. Bent is a pioneer in the cash management and retirement services businesses. His vision and entrepreneurial drive have been the catalyst for some of the most influential and relevant products and technologies in the financial services industry in general. With several patents credited to his name, Mr. Bent’s innovative processes are the foundation for each of the Double Rock companies and have become widely recognized as the standard in their respective markets.

    Mr. Bent has spent his entire career with the company where his work and contributions in the development of cash sweep and expanded FDIC-insured sweep programs has helped to transform the cash management landscape into a multi-trillion dollar industry today. His work with Access Control Advantage has made available an automated defined contribution plan loan solution that reduces borrowing by plan participants by an average of 25%. Currently, Mr. Bent shares responsibility for defining the strategic direction for each of the companies.

    Mr. Bent is a member of the Young Presidents’ Organization, a peer network connecting nearly 10,000 young global business leaders worldwide, and was former finance chairman of its Gotham chapter in Manhattan. He was a member of Entrepreneur’s Organization in New York, and has also served on the President’s Advisory Council of Scenic Hudson, an environmental organization and land trust that protects, preserves, and restores the Hudson River and its riverfront as a public and natural resource. In addition, Mr. Bent was featured in the book Leadership Secrets of the World’s Most Successful CEOs.

    Mr. Bent earned a Bachelor of Science in Philosophy from Northeastern University.

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