MINNEAPOLIS, Jan. 27, 2015 /PRNewswire/ -- GWG Holdings, Inc. ("GWG") congratulates Regional Director Bill Servis, recent recipient of Financial West Group's Wholesaler of the Year award. Since 2012, when Mr. Servis joined specialty finance and life settlement market leader GWG, Mr. Servis has consistently been one of the top performing wholesalers with the firm.
"We applaud Bill and are proud to have him be part of the GWG family," said Jon Sabes, CEO of GWG. "Being named Wholesaler of the Year is a testament to Bill's commitment to industry-leading professionalism, passion for working with people, financial services skills and outstanding results for his business partners."
The award was presented by Financial West Group, a 30-year privately owned and operated securities and investment firm based in Westlake Village, Calif., to recognize its sales partners who demonstrate excellence in service and productivity.
"We chose Bill because he is very accessible and proactive in his approach," said Mitch Morrison, President of Financial West Group. "His positive attitude, reliability, knowledge and work at GWG make Bill an important resource for our organization."
GWG, through its subsidiaries, purchases life insurance policies from seniors who no longer want, need or can afford their policies. GWG may pay seniors an amount that is, on average, five to eight times greater than what the issuing insurance company would pay if the policy were to lapse or be surrendered.
"I'm incredibly honored by this recognition," said Mr. Servis. "Having a great team at GWG and great products, like our recently announced L Bonds, played a huge part in making this award possible."
About GWG Holdings, Inc.
GWG Holdings, Inc. (NASDAQ: GWGH) is a specialty finance company and leader in the life settlement market. GWG, through its subsidiaries, purchases life insurance policies from seniors who no longer want, need or can afford their policies. GWG may pay seniors an amount that is, on average, five to eight times greater than what the issuing insurance company would pay if the policy was to lapse or be surrendered. Our strategy is to source, own and manage these non-correlated assets directly and efficiently at yields that exceed the costs needed to purchase and finance those policies (in aggregate). Our goal is to generate financial returns for GWG's investors while helping consumers. For more information about GWG, email [email protected] or visit www.gwglife.com.
SOURCE GWG Holdings, Inc.