Business Success Story: Speaker, Tim Sullivan of HS Financial Group
Name: Business Success Story: Speaker, Tim Sullivan of HS Financial Group
Date: April 18, 2018
Time: 11:30 AM - 1:00 PM EDT
Registration: Register Now
Business Success Story:
Speaker, Tim Sullivan of HS Financial Group
In the year 2000, a friend of Tim Sullivan’s asked him if he would be interested in buying a portfolio of distressed debt. Tim, whose legal career up to this point had consisted of corporate and tax law, took the leap of faith and purchased the portfolio with his friend. While his friend quickly realized the business was not for him, Tim persevered, buoyed by the skills and character developed as an officer in the U.S. Navy JAG Corps. Over the next five years, Tim opened HS Financial Group, LLC and did not lose money on any portfolio that he purchased. He used his legal and debt collections experience to become Special Counsel to the Attorney General in the State of Ohio. In 2011, HS Financial Group became a subcontractor on the defaulted student loan contract for the Department of Education. HS Financial Group and the Law Offices of Timothy M Sullivan now employ over 50 employees in its newly-renovated 9000 square foot office in Westlake, Ohio. The company still purchases debt, works for the Ohio AG, the U.S. Dept. of ED and services other government, school and private clients while striving to provide ethical, professional and excellent service every day. Building on the success of HS Financial, Tim is always looking for opportunities to diversify his business holdings and finding opportunities to serve the Federal Government as a Certified Veteran-Owned Small Business. Tim is a graduate of University School and holds degrees from Vanderbilt University, Case Western Reserve University and Georgetown University. Tim, and his wife, Holly, have four children. The eldest son is studying at Wake Forest; their daughter is attending Indiana University. The two younger sons are still at home, one at St. Edward’s High School and the youngest will be attending St. Ignatius High School in ninth grade.