Wednesday, 21 November 2012

JG Wentworth is the Foremost Purchaser of Structured Settlements ...

Most people are always apprehensive about the uncertainty of their financial needs as any unforeseen accident or event can disturb the equilibrium of their lives. When in such a situation people prefer to exchange their annuities or future payments with a lump sum of money that can help them meet their financial needs. JG Wentworth stands tall as the leading purchaser of structured settlements and other forms of future payments belonging to their clients in order to satisfy their need for liquid cash. The firm began its operation as a merchant banking firm in 1991 but shortly afterwards started purchasing deferred payments of clients.

JGW is a trusted name as a purchaser of annuities and structured payments as the company has a proven track record over the last two decades. The company flourished in particular in the 1990?s when there was little competition in the market. Experts and neutral commentators credit JGW with the development of a secondary market for clients to sell structured settlements. In addition, the company was also one of the few key players in pushing for a monumental legislative bill that regulated the sale and purchase of structured settlements.

JGW believes in keeping a strong and effective connection with its clientele which has led to an innovative and interesting marketing campaign. The company pays special attention to its TV commercials and advertisements by embedding its message in provocative and interesting themes. JG Wentworth TV ads have also inspired their fans to come up with light-hearted parodies which only goes on to show how ordinary people can relate to their commercials. In particular, JG Wentworth commercial by the title of ?Opera? has become very popular with their clients and even general public. This TV advertisement features a Viking family performing on stage and singing about their imminent need for cash and how JGW can solve their financial problems.

JGW has gone from strength to strength over the last two decades as currently the total amount of future payment obligations of clients purchased by the company has exceeded total net worth of $4 billion. Over the years, the company has expanded the scope of its financial services as now it also offers to purchase life insurance policies, lottery winnings and inheritances. Currently owned by a private equity firm, JLL Partners, JGW continues to cater to the needs of its clients to deliver cold hard cash in their hands so that they can meet their current financial obligations immediately instead of waiting for their deferred payments to mature.

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Source: http://www.sidajeunes.org/business-ideas/jg-wentworth-is-the-foremost-purchaser-of-structured-settlements-in-america-963.html

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