Category Archives

6 Articles

Posted by admin on

GreenSky’s Innovative Win-Win Business Model

GreenSky’s consumer-lending business model creates a win-win situation for loan consumers and lenders. The fintech company offers lenders low-cost customer acquisition and consumers enjoy low financing rates. GreenSky isn’t a lender, the company operates a platform for medical professionals and contractors to offer healthcare and home improvement loans to their customers from banks with a simplified loan process.

How Does it Work?

A contractor or medical professional offering elective surgery can suggest financing through GreenSky. He or she scans the potential borrower’s drivers license and if the person has good credit, he or she is approved for a loan immediately. Instant point-of-sale loans enabled contractors to sell the customer on a big ticket project and the homeowner does not have to wait for credit approval.

How Does GreenSky Earn Money?

The company makes their money from merchants by charging transaction fees (about seven percent) and a small fee for servicing the learn. Since the firm services the loan, the lending bank can make more loans to people with good credit without having to hire more customer service representatives. Borrowers pay the company, not the lending bank, saving banks from processing payments.

Is GreenSky Undervalued?

The company went public in May 2018 (ticker symbol GSKY) and by September 2018, experts valued the stock at $23. The share price hovers at about $20, but an announcement of a partnership with American Express will increase the number of merchants using the platform. This should increase the fintech company’s revenues without increasing their expenses.

Company Information

Established in 2006, GreenSky has funded 15 billion dollars in loans with more than two million satisfied customers. The company is led by CEO David Zalik, who is also a co-founder. Forbes, Businessweek and the Wall Street Journal reported on Zalik’s success with the Atlanta-based fintech company in 2017.

https://www.greenskyonline.com/greensky/password/forgot

Posted by admin on

Fortress Investment Group Demonstrates Pure Investment Innovation.

Fortress Investment Group, an investment management firm headquartered in New York, is the world investment management leader. Started in 1998 by its three founders Randal Nardone, Rob Kauffman, and Wesley R. Edens, Fortress is one of the firms that has shown exceptional growth. It was established as private equity firm with only $400 million in managed assets. Within the first five years of operation, the private equity experienced a supernormal growth, growing at an average rate of 39.7%. By 2007, Fortress had advanced its investment strategies to become an alternative asset manager; managing assets ranging from private equity to credit fund, hedge fund and various permanent capital vehicles like real estate.

Regarding their Assets under management (AUM), Fortress Investment Group has adopted a very balanced investment approach to ensure that they provide lucrative returns to their clients. 15% of the assets are in private equity, 20% in permanent capital vehicles, 40% in credit private equity and the remaining 25% invested in credit hedge funds. In total, the firm is poised to have over $43 billion in managed assets.The strong leadership of Fortress Investment Group led by its able principals has enabled the firm to assume a very respectable position in the industry. This has seen Fortress receive countless industry performance-based awards and accolades. For instance, in 2014, the Institutional Investor magazine named the firm their “Hedge Fund of the Year.”

In the same year, HFMWeek, a leading industry publication named Fortress their “Management Firm of the Year.”In 2011 and 2012, the same institutional investor had nominated Fortress Group as their “Hedge Fund of the Year” and the “Discretionary Macro-Focused Hedge Fund of the Year” respectively. The Success of Fortress Investment Group is not coincidental or by luck. It has been as a result of a combination of numerous competencies that enable the company to keep standing out throughout the period. Among the core competencies that support the success of Fortress is its asset-based investment strategies. Apart from private equity and credit funds, which are the dominant investment vehicles for the Fortress, the firm has also diversified its investment strategies by including such assets as real estate, capital, and other financial vehicles that generate long-term cash flow.

About Fortress

Fortress Investment Group has expanded following a very rapid growth that the firm has undergone over the years since it was formed. As a result, it has opened three additional headquarters outside New York and numerous satellite offices worldwide to enhance reach for its clients and potential customers.

Posted by admin on

Career Life of Wes Edens

Wes Edens is the principal and a Co-Chairman of the Board of Directors of Fortress Investment Group LLC. The firm is an affiliate of FIG LLC and it was established in 1998. Fortress group is a private and credit investment firm that majorly specializes in asset-based management. Through their team of experts, the Fortress Group has helped people in the management of their physical and financial properties ranging from capital assets to real estate properties among many others. Wes has helped the firm grow into one of the largest asset management firms in the country and through the various roles he has served in many other firms, he has successfully enabled investors to handle their financial needs through the firm.Prior to co-founding the firm, Wes Edens served as the partner and founding director of the Blackrock Financial Management firm.

Wes has also served in many other firms through which he gained a lot of expertise in the field of asset management. Through his excellent leadership skills, Wes has seen Fortress Group grow into one of the largest firms in the world and as a result, it has gained a great reputation. The Fortress Group firm is currently ranked by the Forbes List of Worlds’ billionaires at number 932. The firm is perceived to be worth $1.2 billion and it has grown tremendously over the recent years.Besides focusing on his career, Wes Edens is also passionate about sports and he has supported a vast number of young people to achieve their dreams. He has also taken the initiative to purchase a vast number of sports clubs, with Milwaukee Bucks being among them. He owns the Milwaukee Bucks together with Marc Lasry, and they have together seen it grow.

Wes has always been passionate about working together with his team of employees as well as his executives. Through the admirable relationships he has maintained with his team of employees, Wes has seen the Fortress Firm acquire a good reputation, particularly through the vast number of positive customer reviews that it has received. The positive reviews have made the firm one of the best places to work at and a vast number of people have strived to seek employment form the firm. Wes has always been dedicated toward delivering the best services in every firm that he has worked at and this has seen him emerge to be among the most sought out investors in the world.

Posted by admin on

Southridge Capital

Has there ever been a time that you wondered what you could actually do with the right amount of money? Is there ever a time that you wished you had a plan when it came to money.

Southridge capital works hard to make sure that companies have the help they need when they are being worked with. The companies that are looking to be worked with for finical stability should have some sort of money planned out when they walk through the doors. This is something that is important because without a plan there is nothing. Money is what keeps everything going. This is including the projects that many different companies have. Southridge works with you as a team to make this plan come to life which is amazing because they have this plan that they are going to work on with the client. Working with the clients is what this company does. They make sure that other companies are taken care of and that they have everything they need to start something with themselves. Southridge works hard in order to make sure the diverse people they work with have finical solutions that can make their world come true. Working hard is something that every company works hard to maintain.

Southridge capital puts all of the pressure that it can on it’s team which makes the understanding of the finical solutions that is needed in order to have a happy company. They are also aware of the concerns and questions these companies face when they work with southridge which is why they work hard on making sure the company understands everything that is being done. This also means that there shouldn’t be any questions when the company and the plan have been put into place. If there is questions Southridge then works to make sure the company has everything in store to make sure they are finical stable. This means that there shouldn’t be anything that they are confused about which is something that is very important to this company and this is what makes Southridge have the reviews they have. You can visit their Facebook and Twitter page.

Posted by admin on

Michael Burwell Is A Powerhouse For Willis Towers Watson

Michael Burwell is a powerhouse as the CFO of Willis Towers Watson India Careers. He was previously employed by Pricewaterhouse Coopers LLP and worked there for thirty-one years. He was first the Chief Financial Officer and worked his way up to the Chief Operating Officer and eventually the Vice Chairman. He also served as Head of Transaction Services in the United States. Always driven, becoming the CFO of a larger company was the next logical step for Burwell.

 

Burwell has made a career out of wearing many hats. He graduated from Michigan State University with a Bachelors in Business Administration. Michael was able to oversee lots of things including the financial, technological, and human capital sides of the business. With over ten years of both auditing experience and advising transaction services, he is just what the company needs in a CFO.

 

The Chief Executive Officer, John Haley, said he knows Michael Burwell will bring his understanding of managing clients in a complex global company. He knows the company is only going up bringing up especially after bringing Michael on board. He’s looking forward to the company evolving and growing under the new CFO.

 

Willis Towers Watson is a brokering and solutions company that helps many clients around the world in over one hundred countries. They help businesses see their full potential and help manage risks and cultivate talent. The company has over forty thousand employees and was started in some form or another in 1828. His insight into things like due diligence before a merger and helping with transformation will help move the company forward and gain more clients.

 

 

The former CFO, Roger Millay, is happily retiring and leaving the company in Burwell’s capable hands. He retired in October of 2017 and has faith in his replacement. Michael Burwell brings his many talents and lots of experience to help businesses reach their full potential and help the company grow financially and globally. In taking on this role for the company in 2017 Burwell said he was impressed with the leadership the company had in the past and present and really loved the inclusive culture.

 

View More Information Here.

Posted by admin on

Michael Burwell; Willis Towers Watson CFO

Michael Burwell or Mike as he is commonly known is the Chief Financial Officer at Willis Towers Watson. This is a global insurance and broking expert’s institution. Today the company operates in more than 100 countries with thousands of employees.

Mike is a holder of business administration bachelor’s degree from the prestigious Michigan State University as well as a certified public accountant. Before joining Willis Towers Watson, Mike had worked with PWC for over 30 years holding several numbers of senior leadership positions. These included Chief Financial Officer, Head of Transaction Services and Chief Operating Officer in PWC’S US branches.

In his 31 years of service at PWC, Mike spent 11 years working as assurance and business advisor before being elected partner in 1997 moving him to PWC Detroit transaction business. In 2009, he took over as the PWC’s Chief Financial Officer as well as the Chief Operating Officer.

In all of his engagements with different financial companies, Mike has impressed with his impeccable leadership skills and strength. His commitment to excellent customer service has been impressive. His understanding and contribution in finance management has brought growth and expansion in Willis Towers Watson.

From his own words, Mike Is an early bird who starts his day as early as 5am in the morning. He believes in doing small house chores for himself. This he says makes him feel like he has already accomplished something. He then takes a bike riding which helps him in reflecting what he has done and what he feels needs to be done. Visit This Page to learn more.

Mike believes in technology as he believes its technology that will take financial sector to the next level. As micro-communities continues to grow, Michael Burwell believes technology to support them will continue to evolve as people with the same ideas want to connect.

Everyone has something unique in them. This you can only discover when you invest your time in these people. Mike does this by creating time to listen and communicate with other people as it helps him understand them and their ideas better. This is a virtual that has helped him become the leader he is today.

Today Michael Burwell is the leader he is because he believes in himself. He believes there is no best place to look for leadership other than in you. Through this Michael Burwell can be referred as a financial guru in today’s society who believes making people’s life better makes him a good leader.

 

Related: https://www.willistowerswatson.com/en/press/2017/08/Willis-Towers-Watson-announces-new-Chief-Financial-Officer