BRYN MAWR, Pa., Nov. 5, 2007 (PRIME NEWSWIRE) -- Specialty finance company J.G. Wentworth today announced that it has expanded its Las Vegas office to accommodate the increase in the firm's West Coast client base.
J.G. Wentworth employees Nick Taglianetti and Thomas DeStefano, formerly of the company's Bryn Mawr headquarters, are managing the initiative and report to Martin Kushner, Director of Sales for J.G. Wentworth. The Las Vegas office now has 13 originations representatives and plans on recruiting to build out the staff to approximately 50 originations representatives.
"One of our goals in this expansion is to continue to better serve and develop our West Coast client base and provide better service to our Spanish-speaking clients," said Karl Fischer, Director of Call Center Operations for J.G. Wentworth. "Although we already operate 24/7 from our headquarters in Bryn Mawr, the bulk of our origination staff is currently working on Eastern time. With a West Coast-based staff, we can intensify and customize our client relationship efforts there, knowing that we have localized staff to work with clients when it's convenient for them."
Fischer added that an expansion of the Las Vegas office will also open up new recruiting opportunities. "There's a base of bright, qualified, talented and motivated bi-lingual individuals that we currently don't have access to from our locale on the East Coast. With our Las Vegas office, we can tap into a whole new vein of talent." He noted that the new office will provide career opportunities for existing headquarters staff as well.
About J.G. Wentworth
For more than 16 years, J.G. Wentworth has been purchasing annuities as well as other deferred payment streams. During this time, the company has purchased over $2 billion of future payment obligations. The company's annuity-backed notes are rated AAA by Standard & Poor's and Aaa by Moody's and sold to institutional investors. J.G. Wentworth is based in Bryn Mawr, PA. For more information about J.G. Wentworth, go to www.jgwentworth.com.