June 24, 2017 8:54 AM ET

Diversified Financial Services

Company Overview of GWG Holdings, Inc.

Company Overview

GWG Holdings, Inc., a financial services company, purchases life insurance policies in the secondary market in the United States. It purchases or finances life insurance assets from consumers in the secondary market at a discount to the face value of the policy benefit. The company purchases policies in the secondary market through financial advisors and life insurance agents, as well as through its appointed agent program. It also purchases life insurance assets directly from policy owners who purchased their life insurance in the primary market; and provides secured loans to merchant cash advance funders, as well as provides merchant cash advances directly to small businesses. GWG Holdings...

220 South Sixth Street

Suite 1200

Minneapolis, MN 55402

United States

Founded in 2006

70 Employees

Phone:

612-746-1944

Key Executives for GWG Holdings, Inc.

Co-Founder, Chairman and Chief Executive Officer
Age: 49
Total Annual Compensation: $878.2K
Chief Financial Officer
Age: 51
Total Annual Compensation: $391.3K
Executive Vice President of Originations & Servicing, Secretary and Director
Age: 48
Total Annual Compensation: $341.7K
Compensation as of Fiscal Year 2016.

GWG Holdings, Inc. Key Developments

GWG Holdings, Inc. Presents at 2017 Marcum Microcap Conference, Jun-15-2017 04:00 PM

GWG Holdings, Inc. Presents at 2017 Marcum Microcap Conference, Jun-15-2017 04:00 PM. Venue: The Grand Hyatt Hotel, New York, New York, United States.

GWG Holdings, Inc. Presents at 7th Annual LD Micro Invitational, Jun-07-2017 12:00 PM

GWG Holdings, Inc. Presents at 7th Annual LD Micro Invitational, Jun-07-2017 12:00 PM. Venue: Luxe Sunset Boulevard Hotel, Los Angeles, California, United States. Speakers: Jason Plucinak, Senior Vice President of Business Development.

GWG Holdings, Inc. Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2017

GWG Holdings, Inc. announced unaudited consolidated financial results for the first quarter ended March 31, 2017. For the quarter, the company reported total revenue of $20,088,345 against $17,903,893 a year ago. Loss before income taxes was $45,602 against income of $2,670,253 a year ago. Net loss attributable to common shareholders was $1,912,862 or $0.32 per basic and diluted share against income of $1,074,305 or $0.18 per basic and diluted share a year ago. Non-GAAP income attributable to common shareholders was $10,834,564 or $1.25 per diluted share against $10,975,532 or $1.37 per diluted share a year ago.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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