GWG Holdings, Inc. functions as a financial services firm, offering a range of liquidity strategies and services for individuals and entities holding illiquid alternative assets. Its operations extend globally, serving clients across North America, Asia, Western Europe, Latin and South America, and other international regions. The company is organized into two primary divisions: Secondary Life Insurance and Beneficient. Within its Secondary Life Insurance segment, GWG facilitates access to capital for life insurance policy owners and maintains its own proprietary portfolio of these policies. The Beneficient segment oversees a financial product distribution network, collaborating with approximately 145 independent broker-dealers and roughly 5,000 independent financial advisors. This division also focuses on advancing and commercializing epigenetic technology specifically for the life insurance industry. GWG Holdings, Inc. was established in 2006 and is headquartered in Dallas, Texas. Notably, on April 20, 2022, the company and its affiliated entities initiated voluntary proceedings for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.