![Sanford Rich](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Sanford Rich
Director/Board Member at
ASPEN GROUP, INC.
Net worth: 6 M $ as of 2026-05-30
Profile
Sanford R.
Rich is an Independent Director at Aspen Group, Inc. since 2012, a Director at Aspen University, Inc., and an Independent Director at Unusual Machines, Inc. starting in 2024.
Former roles include Chief Executive Officer & Director at In The Car LLC from 2011 to 2012; Managing Director-Debt Capital Markets at Merrill Lynch & Co., Inc. from 1985 to 1993; Director, Senior VP & Portfolio Manager at GEM Capital Management, Inc. from 1995 to 2008; Managing Director-Investment Banking at Matrix USA LLC from 2008 to 2009; Director at BenefitStreet, Inc.; Independent Director at InsPro Technologies Corp.
from 2006 to 2020; Managing Director-Sales & Trading at Citicorp Securities, Inc. from 1993 to 1995; Director at Customer Acquisition Network, Inc.; Director at interCLICK, Inc. from 2007 to 2010; Managing Director at Whitemarsh Capital Advisors LLC from 2009 to 2014; Executive Director at New York City Board of Education Retirement System; Financial Analyst at Progressive Corp.
in 1981; Vice President at Cypress Capital Management LLC from 1983 to 1985; Chief-Negotiations & Restructuring at Pension Benefit Guaranty Corp.
from 2012 to 2016; High Yield Bond Analyst at Prescott, Ball & Turben, Inc. in 1980; and High Yield Bond Analyst at First Investors Asset Management Co., Inc. in 1983.
Education includes undergraduate studies at Case Western Reserve University and an MBA from New York University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2026-05-31 | 182,317 ( 0.38% ) | 6 M $ | 2026-05-30 |
Sanford Rich active positions
| Companies | Position | Start |
|---|---|---|
| ASPEN GROUP, INC. | Director/Board Member | 2012-03-12 |
| UNUSUAL MACHINES, INC. | Director/Board Member | 2024-01-30 |
Aspen University, Inc.
 Aspen University, Inc. Other Consumer ServicesConsumer Services Functions as a College/University | Director/Board Member | - |
Former positions of Sanford Rich
| Companies | Position | End |
|---|---|---|
| INSPRO TECHNOLOGIES CORPORATION | Director/Board Member | 2020-03-31 |
Pension Benefit Guaranty Corp.
 Pension Benefit Guaranty Corp. Investment ManagersFinance PBGC's investment policy is established by the agency’s Board of Directors, composed of the US Secretaries of Labor, Treasury, and Commerce. The Board has established an investment policy that, for the Single-Employer Program, uses a Liability Driven Investment (LDI) approach. Under that approach, the firm employs an asset allocation glidepath under which the investment portfolio risk is reduced as funded status improves. The agency’s Multiemployer Program assets are invested solely in US government securities. PBGC established the Smaller Asset Managers Pilot (SAMP) Program to provide opportunities for smaller investment management firms to manage some of the agency’s fixed income assets. The Pilot Program has been successful in achieving its objectives and PBGC has established the Smaller Asset Managers Program as an ongoing program. | Corporate Officer/Principal | 2015-12-31 |
Whitemarsh Capital Advisors LLC
 Whitemarsh Capital Advisors LLC Investment ManagersFinance Provides financial advisory services | Corporate Officer/Principal | 2014-11-30 |
In The Car LLC | Chief Executive Officer | 2012-10-31 |
interCLICK, Inc.
 interCLICK, Inc. Advertising/Marketing ServicesCommercial Services Provides digital advertising services | Director/Board Member | 2009-12-31 |
Training of Sanford Rich
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
67
1st degree connections
21
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 21 |
|---|---|
Merrill Lynch & Co., Inc. /Old/
 Merrill Lynch & Co., Inc. /Old/ Investment Banks/BrokersFinance Provides wealth management, securities trading and sales, corporate finance and investment banking services | Finance |
Progressive Corp.
 Progressive Corp. Multi-Line InsuranceFinance Provides automobile and property insurance and reinsurance services | Finance |
GEM Capital Management, Inc.
 GEM Capital Management, Inc. Investment ManagersFinance Gem is an active fixed-income and convertible bond manager that focuses on lower-rated high-yield and convertible bonds. The firm also offers special equity investments through a limited partnership vehicle. Investment research is the engine driving GEM's investment process. Using mechanized tools for preliminary screening, companies identified as having potentially superior returns are analyzed in depth with a focus on cash flow, return on assets, profitability, financial flexibility, quality of management and competitive position. The output of the research effort is the input to the portfolio managers, who make issue selections, determine portfolio weightings and time purchases and sales. | Finance |
Cypress Capital Management LLC
 Cypress Capital Management LLC Investment ManagersFinance Cypress has a conservative investment style which uses a balanced approach and invests in a mix of stocks, bonds and money market funds. The firm supervises assets with emphasis on above average income, less volatility and risk, with prospects for reasonable capital growth. Their balanced investment approach generally focuses on Blue Chip stocks, US Treasuries, Corporate Bonds, and to a lesser extent, Preferred Securities, Convertible Bonds, and ETFs. This approach is designed to mitigate major loss of principal while maintaining the flexibility to profit in advancing market cycles. Cypress strives to achieve positive results by setting an asset mix and shifting it based on macroeconomic trends and investment opportunities in the equity and fixed income markets. Their typical portfolio holds 30-35 stocks and 15-20 bonds. | Finance |
Matrix USA LLC
 Matrix USA LLC Investment Banks/BrokersFinance Provides brokerage and asset management services | Finance |
Aspen Group, Inc.
 Aspen Group, Inc. Other Consumer SpecialtiesConsumer Durables Provides educational and tuition services | Consumer Durables |
Pension Benefit Guaranty Corp.
Pension Benefit Guaranty Corp. Investment ManagersFinance PBGC's investment policy is established by the agency’s Board of Directors, composed of the US Secretaries of Labor, Treasury, and Commerce. The Board has established an investment policy that, for the Single-Employer Program, uses a Liability Driven Investment (LDI) approach. Under that approach, the firm employs an asset allocation glidepath under which the investment portfolio risk is reduced as funded status improves. The agency’s Multiemployer Program assets are invested solely in US government securities. PBGC established the Smaller Asset Managers Pilot (SAMP) Program to provide opportunities for smaller investment management firms to manage some of the agency’s fixed income assets. The Pilot Program has been successful in achieving its objectives and PBGC has established the Smaller Asset Managers Program as an ongoing program. | Finance |
BenefitStreet, Inc.
 BenefitStreet, Inc. Miscellaneous Commercial ServicesCommercial Services Provides employee benefit and consulting services | Commercial Services |
Case Western Reserve University
 Case Western Reserve University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
New York University
 New York University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
InsPro Technologies Corp.
 InsPro Technologies Corp. Packaged SoftwareTechnology Services Provides software services for life and annuity insurance market | Technology Services |
Citicorp Securities, Inc.
 Citicorp Securities, Inc. Investment Banks/BrokersFinance Provides security brokerage services | Finance |
Prescott, Ball & Turben, Inc.
 Prescott, Ball & Turben, Inc. Financial ConglomeratesFinance Provides investmetn services | Finance |
Customer Acquisition Network, Inc.
 Customer Acquisition Network, Inc. Packaged SoftwareTechnology Services Develops internet advertising solutions | Technology Services |
interCLICK, Inc.
interCLICK, Inc. Advertising/Marketing ServicesCommercial Services Provides digital advertising services | Commercial Services |
Aspen University, Inc.
Aspen University, Inc. Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
First Investors Asset Management Co., Inc.
 First Investors Asset Management Co., Inc. Investment ManagersFinance Provides investment information and advisory services | Finance |
Whitemarsh Capital Advisors LLC
Whitemarsh Capital Advisors LLC Investment ManagersFinance Provides financial advisory services | Finance |
New York City Board of Education Retirement System
 New York City Board of Education Retirement System Investment ManagersFinance Functions as a Pension/Retirement Fund | Finance |
In The Car LLC | |
Unusual Machines, Inc.
 Unusual Machines, Inc. Electronic Equipment/InstrumentsElectronic Technology Develops and sells wearable ultra-low latency video goggles for drone pilots | Electronic Technology |
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