According to the American Foundation of Teachers, there are currently more than 45 million Americans that owe student debt. They also described how the student debt market surpasses other types of debt markets, like household mortgages, totaling more than $1.5 trillion in debt. Furthermore, 1 out of every 4 borrowers is in default or struggling to keep up. While these numbers are staggering and point to a larger, systemic issue, distressed debt of any kind can be a lucrative investment opportunity for certain individuals.
During this webinar, we'll be joined by YREFY to:
As an integral member of the sales team, Jack brings over 15 years of customer service and sales experience to his role at Next Generation. As a business development specialist, Jack is tasked with identifying new potential referral sources and clients, educating them on the value of self-directed IRAs, and assisting those individuals with new account opening. Jack’s passion for connecting with and educating people stems from his 8-year tenure as a sales trainer at a sports eyewear company. Previously, he worked at the law firm of Riker, Danzig, Scherer, Hyland & Peretti; and Wiss and Company, an accounting firm based in Livingston, NJ. Jack also holds a certificate in Computer Tech Support from Chubb Institute.
As the Chief Investment Officer & Managing Partner of YREFY, LLC, most days are spent overseeing the technology needs of the company along with supporting the team in product design and implementation, efficient and effective customer/borrower and co-borrower analysis, financial product design and sales, loan origination and servicing system design, sub-system architecture, transaction processing, data management, reporting and reconciliation, and analytics tracking.
Laine also spends time researching opportunities including leading the investor relations team in the efforts to raise capital for the company. Laine and his team have raised over $30M through Regulation D offerings.
Laine and his wife Lisa, both Arizona natives, have been married for 22 years and have four children. Additionally, Laine currently serves on the board of Trustees for the Southwest College of Naturopathic Medicine SAGE Foundation.