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October 03, 2007
Welcome Life Securities, LLC - The industry's first FINRA member to deal exclusively in variable life settlements.
BOCA RATON, FL - Welcome Life Financial Group, LLC is pleased to announce that on August 21, 2007, its subsidiary, Welcome Life Securities, LLC, became the industry's first limited variable life settlement broker-dealer firm to deal exclusively in variable life settlements.
Welcome Life Securities, LLC will serve the broker dealer community by providing a one-stop, turn-key service for variable life settlement transactions. "In this capacity, we conform to the utmost level of standards and compliance. Our life settlement platform meets the highest standards of best execution, due diligence, suitability, training and supervision, proper disclosures and fair and reasonable compensation", said John Welcom, CEO. "Welcome Life Securities' leadership in this area is indicative of LISA (Life Insurance Settlement Association) members' commitment and serious work with a variety of regulators to advance the interests and rights of consumers throughout the country", said Doug Head the Executive Director of LISA.
John Welcom is also President & CEO of Welcome Funds Inc., one of the nation's leading life settlement firms. Combined, both Welcome Life Securities and Welcome Funds, Inc. provide comprehensive life settlement services for the brokerage community. "Our services are purely complementary to broker-dealers as we do not compete nor offer any other financial service products," said John Welcom.
Welcome Life Securities, LLC, Boca Raton
Jared Smith, 561/826-0299