Jon R. Sabes, co-founder and Chief Executive Officer of GWG Holdings, Inc., is a financial professional with over 20 years of experience in the fields of finance, venture capital, business development, managerial operations, and federal taxation. Since 1999, Mr. Sabes has served as Chief Executive Officer of Opportunity Finance, LLC, a family investment company specializing in structured finance. Over his career, Mr. Sabes has been active in developing and financing a variety of industries, structuring over $1 billion in financing commitments for his related businesses. Mr. Sabes’ experience includes co-founding and leading the development of two leading insurance-related finance companies: GWG Life, a company in the life insurance finance industry founded in 2006, and MedFinance, an innovator in casualty insurance and healthcare finance founded in 2005. Through these companies, Mr. Sabes has developed and applied financial structuring techniques, underwriting algorithms, and business modeling aspects to the insurance industry. Mr. Sabes also has provided considerable board and/or senior advisory services for a hedge fund, a film finance group, and a human-powered monorail company.
Balancing his professional duties with physical challenge, Mr. Sabes regularly participates in triathlons, mountain climbing, downhill and cross-country skiing, and other endurance athletics. He enjoys backpacking and auto racing as well. In other pursuits, Mr. Sabes shares his success through board service and contributions to such organizations as Saving Children, Building Families, which assists families seeking to adopt children; Friends of the Future, in conjunction with the North Side Achievement Zone; and the Insurance Studies Institute, a nonprofit group promoting research and innovation in the industry.
Mr. Sabes’ education includes a Juris Doctor degree cum laude from the University of Minnesota Law School; and a Bachelor of Arts degree in Economics, from the University of Colorado. Over his career, Mr. Sabes has held several licenses and professional association memberships including FINRA Series 7, Series 63, Minnesota State Bar Association, and American Bar Association. Mr. Sabes is husband to wife Kristine, and father to their three beautiful children, Jackson, Brooke, and Morgan.