The company has not filed an annual or quarterly report since its Q3 FY2021 10-Q, filed Nov 19, 2021. Its latest SEC filing is a EFFECT from Jan 17, 2024.
10-Q for Q3 FY2021, filed Nov 19, 2021
The sections below describe the company as of the FY2020 annual report.
Provides liquidity and trust-administration services to alternative-asset investors, and buys life insurance policies from policy owners in the secondary market.
10-K for FY2020, filed Nov 5, 2021 10-K for FY2017, filed Mar 29, 2018Our core life insurance secondary market business is designed to serve consumers 65 years or older owning life insurance. We seek to earn…View ↗
Beneficient earns loan interest and fees in connection with customers’ liquidity transactions, plus trust-administration fees payable quarterly.
10-K for FY2020, filed Nov 5, 2021Beneficient’s primary operations, which commenced on September 1, 2017, consist of offering its liquidity and trust administration services…View ↗
$124.4M
10-K for FY2020, filed Nov 6, 2021
$124.4M ↗
Beneficient serves affluent individuals, smaller institutional investors and family offices investing in alternative assets. Customers exchange assets for liquidity through customized trusts, and Beneficient provides trust-administration services to trustees of those trusts; the life-insurance secondary market serves consumers who sell policies.
10-K for FY2020, filed Nov 5, 2021 10-K for FY2017, filed Mar 29, 2018Our core life insurance secondary market business is designed to serve consumers 65 years or older owning life insurance. We seek to earn…View ↗
No. It lost $215.8M in FY2020.
10-K for FY2020, filed Nov 6, 2021
−$215.8MView ↗
10-Q for Q3 FY2021, filed Nov 20, 2021
−$48.1MView ↗
8-K, filed Aug 2, 2023
As previously disclosed, on April 20, 2022, GWG Holdings, Inc. (the “Company”) and certain of its subsidiaries (together with the Company…View ↗
8-K, filed Jun 26, 2023
As previously disclosed, on April 20, 2022, GWG Holdings, Inc. (the “Company”) and certain of its subsidiaries (together with the Company…View ↗
8-K, filed Nov 17, 2022
On November 13, 2022, Murray Holland gave notice to GWG Holdings, Inc. (the “Company”) of his resignation as both President and Chief…View ↗
Broader alternative-asset services
GWG added liquidity and trust-administration services for alternative-asset investors through Beneficient, alongside its life-insurance secondary-market business; the earlier overview centers on buying policies from consumers.
10-K for FY2017, filed Mar 29, 2018 10-K for FY2020, filed Nov 5, 2021Our core life insurance secondary market business is designed to serve consumers 65 years or older owning life insurance. We seek to earn…View ↗
Loading...
