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.