MINNEAPOLIS, July 22, 2015 /PRNewswire/ -- GWG Holdings, Inc. (NASDAQ: GWGH), ("GWG") a specialty finance company and leader in the life insurance secondary market, is pleased to announce it recently appointed Jason Plucinak as Senior Vice President of Capital Markets.
In his role, Mr. Plucinak is responsible for leading the internal capital markets desk while working closely with GWG's marketing and operations teams to continue enhancing the company's service to its broker-dealers and advisors. His main focuses are helping to drive investment product sales, developing direct policy acquisition initiatives and supporting distribution growth with the business development team.
"Jason has demonstrated great commitment, leadership, loyalty, integrity and tireless work in supporting the successful efforts of GWG," said Mark V. Petersen, Head of Capital Markets for GWG. "He has been instrumental in helping to build and direct our sales team."
Mr. Plucinak, who has been with GWG in various roles over the past eight years, will continue to report directly to Mr. Petersen.
About GWG Holdings, Inc.
GWG Holdings, Inc. (NASDAQ: GWGH) is a specialty finance company and leader in the life insurance secondary market. GWG, through its subsidiaries, purchases life insurance policies from seniors who no longer want, need or can afford their policies. Since 2006, GWG has purchased more than $1.7 billion in life insurance policy benefits and paid seniors over $283 million for their policies – approximately $266 million more than the surrender or lapse value offered by insurance carriers. GWG's strategy is to originate and manage a diverse portfolio of life insurance policies that generate yields that exceed the costs to finance the policies (in aggregate). GWG finances the purchase and maintenance of a portfolio of policies primarily through a fixed income alternative investment product that is offered through independent broker-dealers and registered investment advisors nationwide. GWG's goal is to generate financial returns for GWG's investors and shareholders while providing valuable post-retirement financial solutions to seniors.
SOURCE GWG Holdings, Inc.