Reza Jahangiri

Reza Jahangiri (born June 9, 1978) is an American businessman, and the CEO of American Advisors Group (AAG), co-chair of the National Reverse Mortgage Lenders Association (NRMLA). He was also senior publisher for The Reverse Review until it was sold to HousingWire in 2018.[1][2][3]

Reza Jahangiri on set for "Retire Better" TV spot
Reza Jahangiri
Born (1978-06-09) June 9, 1978
OccupationCEO of American Advisors Group
Spouse(s)
Kate Levering (m. 2013)
Children3

Education

Jahangiri graduated from the University of California, Irvine with a Bachelor of Science degree in 2000, and went on to obtain his Juris Doctor from Loyola Marymount University in Los Angeles in 2004.[4] He graduated from Corona del Mar high school in Newport Beach, CA, in 1997.[5]

Early career

Prior to his involvement in the reverse mortgage industry, Jahangiri was a founding partner of HeartSavers, a preventative medical imaging company that worked with Johns Hopkins Hospital on the early detection of heart disease and cancer.[6][7] He was also responsible for launching Imaging Venture Group, a healthcare consulting company that supplied medical equipment to private medical practices.

Career

In 2004, Jahangiri became founder and CEO of American Advisors Group (AAG), a reverse mortgage lending company based in Orange County, CA.[6] In 2010, AAG launched its Fred Thompson campaign, signing on the famous politician and actor as their national spokesperson.[8] Thompson passed away on November 1, 2015, at the age of 73 from a recurrence of lymphoma.[9] AAG announced in June 2016, Golden Globe and Emmy Award-winning actor, Tom Selleck, as their new national spokesperson.[10]

In December 2013, Jahangiri was interviewed by the Orange County Register when American Advisors Group was voted 3rd place (large company category) in the newspaper's OC100 Top Workplaces issue. The same year, Jahangiri won the leadership award in that group.[11] In 2019, AAG was honored as an OC Top Workplace for the seventh consecutive year. [12] [13][14] In 2014, AAG was named a Top Performing Company finalist by the Orange County chapter of the Association for Corporate Growth.[15]

In 2017, Jahangiri reported to Forbes that AAG had been profitable for seven consecutive years.[16] Also in 2017, Jahangiri was interviewed by the Orange County Register for an article profiling AAG's rise in the reverse mortgage industry. [17] The following year, Jahangiri was interviewed by HousingWire about AAG's expansion into conventional and FHA refinance loans, as well as real estate services for the senior demographic. [18]

In 2018, Jahangiri received Ernst & Young's Entrepreneur Of The Year® Award in the financial services category in Orange County. [19] That same year, he was named to the Orange County Business Journal's OC 500 list, honoring the most influential individuals in Orange County. [20] The following year, in 2019, Jahangiri was honored with an Excellence in Entrepreneurship Award by the Orange County business community. [21]


Industry affiliations

Jahangiri is an active member of the National Reverse Mortgage Lenders Association (NRMLA), serving as co-chair of the organization's board of directors. NRMLA is the national voice of the reverse mortgage industry, serving as an educational resource, policy advocate and public affairs center for lenders and related professionals. The association was established in 1997 to enhance the professionalism of the reverse mortgage business.[3][22] In 2017, Jahangiri joined the University of California, Irvine Chief Executive Roundtable. The Roundtable was established by UCI in 1986 as a gateway to the mutually beneficial cooperation and knowledge transfer between the business community and the university.[23]

Humanitarian efforts

In 2011, Jahangiri created the AAG Gives Back campaign, a committee dedicated to supporting various local and global charities.[24] Willow International, became the anchor program for AAG Gives Back after Jahangiri's visit to Gulu, Uganda in August 2011.[25] Willow International is a nonprofit organization that was founded in Uganda in 2009. The organization is dedicated to preventing human trafficking, rescuing victims, and providing aftercare for survivors.[26]

The AAG Foundation launched in 2015, as the AAG Gives Back campaign evolved, and focuses on supporting: seniors, in the fight against hunger and isolation; victims of human trafficking, sponsoring aid in rescue, rehabilitation and prevention; and AAG associates, providing care and assistance to AAG family members in need.[27][28]

Personal life

Jahangiri married actress Kate Levering on April 20, 2013 at The Beverly Hills Hotel.[29] They have three sons, Holden Robert, born in July 2013 Greyson Robert, born in September 2015, and Ashton Robert born July 2018.[30][31]

References

  1. Hicks, Shannon “Loans by Phones”, Reverse Mortgage, July–August 2012 Vol. 5 No. 4
  2. Billingsley, Eric “Reverse Mortgage Lending Sees Consolidation, Stimulus Boost", Orange County Business Journal, 19 January 2012
  3. "NRMLA > About NRMLA > Board / Staff > Board List". Nrmlaonline.org. Retrieved 2015-03-17.
  4. Uria, Deidre “Drop Dead Diva Actress Kate Levering Expecting First Child”, Parent Society, 8 March 2013
  5. "Reza Jahangiri". Classmates.com. Retrieved 6 April 2017.
  6. Yedinak, John “How I Got My Reverse Mortgage Start: Reza Jahangiri, American Advisors Group”, Reverse Mortgage Daily, 29 July 2012
  7. "Heart Savers Llc in Irvine, CA 92604". ChamberofCommerce.com. Retrieved 2015-03-17.
  8. "Sen. Fred Thompson named national reverse mortgage spokesman for American Advisors Group". Nationalmortgageprofessional.com. 2010-06-14. Retrieved 2015-03-17.
  9. Garrison, Joey. "Fred Thompson, with larger-than-life persona, dies at 73". Tennessean.com. Retrieved 6 April 2017.
  10. "Tom Selleck Named American Advisors Group (AAG) National Spokesman". Businesswire.com. Retrieved 6 April 2017.
  11. Collins, Jeff. "Lender sees rapid growth". Orange County Register. Retrieved 9 December 2013.
  12. {cite web|url=https://www.ocregister.com/2019/12/13/top-workplaces-2019-see-the-list-of-140-orange-county-honorees/
  13. "Orange County Register Top Workplaces 2014 - List of winners". Topworkplaces.com. Retrieved 2015-03-17.
  14. "Top 2016 Winners". Topworkplaces.ocregister.com. Retrieved 6 April 2017.
  15. A (2014-04-17). "ACG Orange County to Honor 25 Top Companies in the Region - Yahoo Finance". Finance.yahoo.com. Retrieved 2015-03-17.
  16. Gensler, Lauren. "This Man Has The Answer To America's Retirement Crisis (And No One Will Listen)". Forbes. Retrieved 2018-04-27.
  17. {cite web|url=https://www.ocregister.com/2017/08/31/how-tom-selleck-helped-a-reverse-mortgage-lender-rise-to-the-top/
  18. {cite web|url=https://www.housingwire.com/articles/46563-qa-aags-reza-jahangiri-doubles-down-on-the-home-equity-market/
  19. {{cite web|url=https://www.ey.com/us/en/about-us/entrepreneurship/entrepreneur-of-the-year/oc-2018-regional-winners
  20. {cite web|url=https://www.ocbj.com/news/2018/jun/05/oc-500-reza-jahangiri/
  21. {cite web|url=https://www.ocbj.com/news/2019/mar/12/business-journal-honors-five-entrepreneurs/
  22. "Nrmla > About Nrmla". Nrmlaonline.org. Retrieved 2015-03-17.
  23. "Profile - UCI | Chief Executive Roundtable". www.roundtable.uci.edu. Retrieved 2017-04-07.
  24. "American Advisors Group Gives Back - The Kwagala Project". Aagreversemortgage-cares.com. Retrieved 2015-03-17.
  25. "Lifetime's Kate Levering Visits Total Impact House | Kwagala Project Blog". Kwagalaproject.org. 2011-09-08. Retrieved 2015-03-17.
  26. "Williow International". Willowintl.org. Retrieved 7 April 2017.
  27. "The American Advisors Group Foundation". americanadvisorsgroup.com. Retrieved 7 April 2017.
  28. Kristof, Kathy. "A smart way for seniors to tap home equity". Cbsnews.com. Retrieved 7 April 2017.
  29. Nudd, Tim (2013-05-03). "Kate Levering Marries Reza Jahangiri". People. Retrieved 2013-08-19.
  30. "Kate Levering Welcomes Son Holden Robert". People. 2013-08-28. Retrieved 2013-08-28.
  31. "Twitter". mobile.twitter.com. Retrieved 2017-04-07.
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