Stone Street Capital Launches New Business Development Team for Purchasing Annuity Payments.
University of Maryland graduate Gary Milwit Heads new B2B Team and serves as Senior Vice President, Sales for Stone Street Capital.
Bethesda, MD (MarketWire) June 3, 2008 – Stone Street Capital, a leading specialty finance company, announces it is launching a new business to business team for purchasing future payment streams from annuities called Annuity Liquidity Options™. Gary Milwit, a graduate of the University of Maryland will head the new business development team. Since 2006, Mr. Milwit serves as Senior Vice President of Sales across the company’s three product channels: Structured Settlements, Lottery and Annuities.
Stone Street Capital has been purchasing future payments from annuity owners for almost 20 years, however the new division will focus on working directly with insurance agents, brokers and financial advisors. This B2B channel will generate business from those that sell annuities. Agents, advisors and brokers have clients that are annuity owners which may, in time, have a need to receive a lump sum cash payment for their annuity. To begin the process of developing relationships and introducing annuity liquidity options product, the company has become institutional members of the:
- Financial Planning Association
- National Association of Insurance & Financial Advisors
“Gary has made a significant impact at Stone Street Capital since joining the company in 2006,” said Adam Shapiro, the company’s President. Shapiro continued, “Gary reshaped our existing sales force with great success and has been assembling top sales executives to build relationships with professionals that sell annuities. Behind his leadership, we know agents and advisors have a great resource to provide annuity exit strategies to their clients.”
For more information on how to sell annuities and the lump sum cash option from Stone Street Capital call 1-800-LUMP-SUM (800-586-7786) or visit www.StoneStreet.com.
About Stone Street Capital, LLC
Stone Street Capital is America’s oldest and most trusted lump sum company. For nearly 20 years, Stone Street Capital has helped thousands of people receive cash for their structured settlements, lottery winnings and annuity payments with over $2 billion in payments purchased.
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Contact:
Will Hughes
800-586-7786
info@stonestreet.com