January 25, 2021
CONSHOHOCKEN, PA – January 25, 2021 – Jennifer Felice Breen has been named the Chief Financial Officer of Lighthouse Life Solutions, LLC, and its related entities. As CFO, Jennifer will manage the Company’s finances and accounting and help lead the Company’s recently launched $50 million Reg A+ Senior Beacon Bonds, a fixed income, debt investment in Lighthouse Life Capital, LLC.
“Jennifer Felice Breen, with her background in the retail alternative investment markets and depth of knowledge in accounting and finance, is a great addition to the growing Lighthouse Life team. We are very fortunate that Jennifer is bringing her practical experience and entrepreneurial interests to Lighthouse Life at a time when we are substantially growing our business”, said Michael Freedman, Lighthouse Life’s Chief Executive Officer.
Immediately prior to joining Lighthouse Life, Jennifer worked for seven years at Resource Real Estate in Philadelphia, PA, serving as Vice President and Chief Accounting Officer for the non-traded REIT’s. Jennifer began her career in 1998 working at KPMG, LLP where she was a Senior Manager. She has also worked in accounting and finance at ACE INA Holdings, Inc., Iomega Corporation, Tekni-Plex, Inc. and AC Lordi. Jennifer earned an Executive MBA from the Erivan K. Haub School of Business at Saint Joseph’s University and a BS in Accounting at Rider University. She volunteers as a board member at several organizations in the Greater Philadelphia area.
Lighthouse Life sources and purchases life insurance policies through the regulated life settlement market, utilizing its specific knowledge of life settlements and the needs of life insurance policyowners. Led by a seasoned senior management team with more than 100 years of combined experience in life settlements, life insurance, finance, and marketing, Lighthouse Life delivers value to consumers through fast, efficient, and transparent life settlement transactions, and provides investors with a diversified source of income through participation in the largely untapped life settlement market.
Lighthouse Life Capital, LLC, recently announced that the US Securities and Exchange Commission qualified its $50 million Reg A+ corporate bond offering, known as the Lighthouse Life Senior Beacon Bonds. Proceeds from the Beacon Bonds will be used to expand the Company’s business through increased networking, marketing, and advertising of its life settlement services and to purchase policies that it will subsequently resell, generating revenue within weeks and months, and without encumbering certain risks related to the construction and maintenance of policies in a portfolio over many years.
About Lighthouse Life
Lighthouse Life Solutions, LLC works with financial professionals – including insurance agents, financial advisors, accountants, and others – who advise and assist policyowners with the sale of unwanted, unneeded or unaffordable life insurance policies. The company works with financial professionals who refer policyowners to Lighthouse Life for a fast and easy appraisal of the policy’s value and, if appropriate, Lighthouse Life offers to purchase the policy. Lighthouse Life offers a unique, fast, and easy approach for financial professionals to integrate life settlements into their practice for the benefit of life insurance policyowners.
This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of, securities in any jurisdiction in which such offer, solicitation or sale is not authorized. Neither the SEC nor any other regulatory body has approved or disapproved or passed upon the accuracy or adequacy of the information presented in this press release. Any offer to sell or solicitation of an offer to buy Lighthouse Life’s Beacon Bonds may be made solely by means of Lighthouse Life’s Final Offering Circular, as the same may be supplemented (the “Offering Circular”). The Offering Circular is available at: https://www.sec.gov/cgi-bin/browse-edgar?CIK=1824921.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon Lighthouse Life’s present expectations, but these statements are not guaranteed to occur. Furthermore, Lighthouse Life disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. Although Lighthouse Life believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, Lighthouse Life’s actual results and performance could differ materially from those set forth in these forward-looking statements due to numerous factors. For further discussion of the factors that could affect outcomes, please refer to the risk factors set forth under the caption “RISK FACTORS” in the Offering Circular. We claim the safe harbor protection for forward looking statements contained in the Private Securities Litigation Reform Act of 1995.