Jack Nelson launched Propel Financial Services, specializing in financing and servicing residential and commercial property taxes, in 2007 as a portfolio company of McCombs Family Partners. Propel’s first employee, Jack has served as President & CEO since its inception and has guided Propel through its acquisition by Encore Capital Group and Encore’s subsequent divestiture of Propel.
Jack focuses on formulating Propel’s growth strategy, new production development, capital-raising, and identifying acquisitions – while still playing an active role in daily operations. Jack is actively working to extend Propel’s loan servicing platform outside of the tax lien industry. Jack is very proud of the culture that exists at Propel, which has been repeatedly been recognized as a Best Place to Work in San Antonio, a Top Workplace in Texas, and one of the fastest growing private companies in America.
Prior to joining Propel, Jack practiced law in the Austin office of Akin Gump Strauss Hauer & Feld. Mr. Nelson triple majored at the University of Texas at Austin with degrees in Finance, Business Honors, and Plan II Liberal Arts Honors. He also holds a J.D. from the University of Chicago Law School. He is an active member of Young Presidents Organization (YPO) and a Trustee of St. Andrew’s Episcopal School in Austin.