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Founded by individuals with years of experience in financial planning, securities, and insurance, CMG Surety is a capable partner to lead clients through the legal, regulatory, and economic issues that are part of the life settlement process. The Company is board managed and includes the following members and governors (Directors):
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Robert D. White
EVP, Director
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R. Laken Mitchell
President
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Ronald R. Tiller
EVP, Director
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R. Laken Mitchell is the President, a Director, and a founder of CMG and has over 30 years of legal and business experience. Much of his experience has been working with entrepreneurial companies, both public and private, and includes the structuring, marketing, and funding of ventures involving areas such as technology, real estate, oil and gas, timber, entertainment, life settlements, other insurance products, and marketing
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Mr. Mitchell has served as an officer and/or director of a number of investment ventures and other development stage companies. He also served as general counsel for an oil and gas syndicator for four years.
Prior to his work in the corporate and securities area, Mr. Mitchell was an Assistant District Attorney General for the State of Tennessee for six years. Acting as lead counsel for over 100 jury trials, his experience as a criminal prosecutor has assisted him in evaluating and carrying out due diligence on financial opportunities presented on behalf of his clients. For the past 22 years, the emphasis of his practice has been in the areas of alternative investments, private capital formation, securities compliance, mergers, acquisitions, and life settlements. Mr. Mitchell is licensed to practice law in the states of Tennessee and Kentucky and is admitted to practice before the U.S. District Court and the U.S. Bankruptcy Court for the Middle District of Tennessee.
Mr. Mitchell is a co-inventor on a number of pending patents for the use of life settlements in financial transactions, including a unique NAV model. He has structured a number of innovative investment models using life settlements as a value-added element of the transactions.
Mr. Mitchell is also a licensed securities principal and president and co-owner of Sovereign-American Securities, Inc., an SEC registered and FINRA member firm. He has also testified as an expert witness in securities in federal court.
Mr. Mitchell obtained a B.S. Degree in Mathematics and Physics from Tennessee Technological University in 1971 and a J.D. degree from the University of Tennessee in 1973. He is a member of the Order of the Coif and Phi Kappa Phi, and was an editor of the Tennessee Law Review. He is a member of the Tennessee Bar Association and is on the Board of Directors of Broken Wings Ministry, established to help orphaned and disadvantaged children.
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Robert D. White is Chief Operating Officer of CMG. He is also owner and President of CMG Advisory Services LLC, a Registered Investment Advisor that is affiliated with CMG only through common ownership of Mr. White. He is responsible for developing and marketing institutional investor life settlement products. |
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His experience with alternative products, managed money, private placements, quantitative analysis, and financial modeling is valuable in selecting policies and managing pooled life settlement programs. He also serves as Director of Compliance for CMG Surety’s related Broker/Dealer, Sovereign-American Securities, Inc., and is responsible for supervisory oversight of all registered representatives. His experience in the brokerage industry gives him a broad perspective on the vast array of financial products that exist and how CMG Surety is uniqely positioned to benefit its institutional and private clients. He interacts daily with investors providing them with an in-depth understanding of these complex investment products.
Mr. White began his professional life as a Commissioned Officer and helicopter pilot in the US Army where he served in Europe, Korea, Central and South America, and a number of different state side assignments. He served in several positions of responsibility including Instructor Pilot, Test Pilot, and Company Commander. He was decorated on a number of occasions for meritorious service both in the US and abroad.
Mr. White began his civilian professional life as a Financial Advisor and Insurance Agent with the United States Planning Association and Independent Research Agency. He was responsible for creating financial plans and brokering the sale of both insurance and investment products. He later joined the investment services department at AmSouth Investments, the investment arm of AmSouth Bank (now Regions Bank), as a Financial Consultant and securities broker. He then moved to SouthTrust Securities, the investment division of SouthTrust Bank (now Wachovia Bank), to assume a position as Vice President and Investment Officer in Naples, Florida. He subsequently joined the Naples, Florida division of Dion Money Management, a private investment management firm headquartered in Williamstown, Massachusetts, as Senior Vice President and Portfolio Strategist, as well as Manager of the Florida office.
Mr. White is a graduate of Armstrong Atlantic State University in Savannah, Georgia and holds a Master of Science Degree in Business from the University of LaVerne Business School in California. Having passed the Series 6, 7, 63, and 66 exams, he is qualified to advise his clients to insure their long-term financial success.
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Ronald R. Tiller is a Director, Executive Vice President, and principal of CMG. He is also President and principal of CMG Energy LLC and is responsible for field operations for all CMG Energy programs. He has over 30 years experience in business management. He began his business career in 1971, first as Traffic Manager and then as Director of Marketing for the Mason & Dixon Company, the largest privately held common carrier in the United States. |
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In 1977, Mr. Tiller joined AFG Industries, which was at that time the smallest glass manufacturer in the United States. He began his service with AFG as Marketing Manager, but over time, held positions of increasing responsibility, to include: Director of Marketing, Director of Corporate Planning, and Plant Manager of two different facilities with over 2000 employees. Under his leadership, AFG Industries, with locations in Tennessee, California, and Texas became a leading flat glass manufacturer in the United States with sales of more than $250 million. His accomplishments resulted in his promotion to President of the Glass Fabrication Group, with operations in four countries and sales in excess of $150 million directly attributable to his division.
In 1993, Mr. Tiller pursued his entrepreneurial interests and structured a leveraged buyout, resulting in the purchase of O’Dell Industries, a small aquarium manufacturing company. After two-years under his direction, the company sold for more than $1 million (based on an initial investment of $5,500).
In 1996, Mr. Tiller established Premier Development, Inc., an umbrella organization which identifies fledgling companies with potential, then guides and directs them through their initial “start-up” phase to stability. As an outgrowth of this endeavor, he currently oversees the activities of several diverse entities to include: developing commercial real estate; an assisted living facility; energy development; and several manufacturing initiatives. In one venture alone, an investment of $4.4 million devoted to construction of an 80 mile pipeline resulted in profits of more than $7 million to the company.
Mr. Tiller is currently an owner in Sovereign-American Securities, Inc., the Managing Broker-Dealer for CMG, through which he holds Series 22 and 63 licenses. He holds a bachelors degree in Business Administration (with major in transportation and marketing) from the University of Tennessee. He served in the U.S. Army as a Platoon Leader in Vietnam. He has participated in various management and leadership programs at the Wharton School of Business in Philadelphia, Pennsylvania. |
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