Starting a new company is a challenge that very few people can dare to take. Many people fear the stiff competition from firms that have been in the industry for long. In most cases, big names in industries make the competition too tough that new ones run at a loss and eventually fail. This is however not the case with Randal Nardone, the CEO, and co-founder of Fortress Investment Group.
Before starting the company, Randal Nardone was aware of the competition that awaited him in the industry. He was, however, ready to use his vast knowledge in the field of finance. Together with Wes Edens who is also an expert in matters of finance, Nardone worked hard to steer the company through the ups and downs of the industry.
Having held different positions in various firms, Randal Nardone had enough experience to help his new company survive the tides of the industry. Before starting Fortress Investment group in 1998, Randal Nardone worked at UBS where he held the position of Managing Director from 1997 to 1998. He also served as the director of Springleaf REIT Inc. since May 2011. Nardone who holds a J.D from the school of law at Boston University and a Bachelors degree in English and Biology from the University of Connecticut also holds positions in boards of different corporations including Florida East Coast Holdings.
The many years of service in the financial industry have helped Nardone gained much experience and had helped him grow both as a professional and a finance expert. As he interacted with clients while serving in different companies and positions, Nardone l knew right what he was expected to do to change customers experience for the better. Although he had an intention of venturing into law, Nardone has found success in the finance field and did not wish to depart any soon.
Currently, the Fortress Investment Group is ranked as one of the most known names on the stocks market. Many firms have decided to hand over their financial operations to the company because of its good portfolio that has been put together by Nardone.