Press releases
GWG Advantage Bolsters Life Settlement Leadership; Names John Wallin President and CMO.
Minneapolis, MN (GWG Advantage) November, 15, 2007 – Minneapolis-based GWG Advantage has brought financial services expert John Wallin aboard as President and Chief Marketing Officer.
“We are extremely pleased that John Wallin has joined our leadership team,” says Jon Sabes, CEO of GWG Advantage. “John’s twenty-five year history in financial product distribution provides GWG Advantage with the experience, expertise, and leadership to bring innovative life settlement financial products to the senior marketplace.”
John Wallin’s expertise comes from helping large insurance companies build their national distribution channels as a sales and marketing executive. He is the author of five books and is considered one of the best speakers in the financial services industry.
“GWG Advantage is very committed to America’s seniors. Through education, training, and partnering with quality agents and advisors across America, we can serve our seniors best by helping them to grow, protect, and preserve their financial assets and dreams,” says Wallin. “I am proud to join GWG Advantage and help shape the future of the company and this important industry.”
Life settlement has experienced rapid growth over the past few years. And as more and more Americans reach retirement with less and less savings, the secondary market offers them an option for a secure retirement.
In the past, people who no longer wanted the burden of an unwanted or unused life insurance policy had two choices: to let their policies lapse and lose everything invested in them; or surrender their policies and receive only a small fraction of their face value. Now seniors have a new choice: life settlement, or the sale of a life insurance policy in the secondary market for up to 350% more than the surrender value.
GWG Advantage brings the secondary market for life insurance policies to financial professionals and policyholders alike. Through a suite of proprietary processes and technology tools, GWG Advantage has streamlined a once cumbersome transaction. And its 360-degree surround strategy for distribution partners has further solidified GWG Advantage’s industry leadership.
For more information about GWG Advantage, please contact John Koeppen or visit the GWG Advantage website at www.gwgadvantage.com.
About GWG Advantage
Located in the heart of Minneapolis’ financial district, GWG Advantage provides its distribution partners with seamless solutions through a unique national distribution structure, a 360-degree marketing surround strategy, and an innovative industry product suite.
Contact:
John Koeppen
GWG Advantage
612.746.6116
www.gwgadvantage.com
