Rank: 1 (Previous rank: 7)
CEO: Brian Pardo
Headquarters: Waco, TX
Revenue: $95.4 million
(four quarters to 12/31/08)
Return to investors: 120.99%
(three years to 12/81/08, annualized rate)
Since 1991, Life Partners has been a leader in the "secondary" life insurance market, which offers individuals 65 and older the opportunity to sell their future life insurance benefits for a cash payout. The beneficiaries gain an immediate infusion of cash, while Life Partners acquires at a discount their future insurance benefits, which it can then sell to investors.
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|Executive||2008 Total Compensation