Exclusive Financial Advisor to First Trinity Financial Corporation
April 2023
Oppenheimer & Co. Inc. is acting as Exclusive Financial Advisor to First Trinity Financial Corporation on its Announced Sale to Brickell L&A Holdings LLC
Founded in 2004, and headquartered in Oklahoma, First Trinity Financial Corporation (“First Trinity” or the “Company”) is an agent-focused, life and annuity insurance company, with a growing mortgage investment franchise, focused on underserved clients. For the year ended December 31, 2022, the Company had total revenues of $65.6 million, net income of $6.2 million, with total assets of $665.9 million and shareholders’ equity of $51.7 million as of December 31, 2022.
Brickell L&A Holdings LLC is a portfolio company of Brickell Insurance Group of companies. The Brickell Insurance Group brings to First Trinity through its affiliate 777 Partners LLC, asset management and access to asset classes that will enhance the value First Trinity is able to provide to policyholders.
Financial Institutions Investment Banking
Leslie G. Fenton
Managing Director
Ritendra Roy
Managing Director
Jonathan Lasker
Managing Director
Garrett Branisel
Executive Director
Rex Chen
Analyst
This notice is provided for informational purposes only, and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any security or financial instrument. Nothing contained herein shall constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction where such offer or solicitation would be prohibited.
This notice may contain statistical data cited from third-party sources believed to be reliable, but Oppenheimer & Co. Inc. does not represent that any such third-party statistical information is accurate or complete, and it should not be relied upon as such. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice.
2023 Oppenheimer & Co. Inc. Transacts Business on all Principal Exchanges and Member SIPC 5664474.1