Equitable Holdings Inc   (EQH)
Other Ticker:  
    Sector  Financial    Industry Insurance Brokerage
   Industry Insurance Brokerage
   Sector  Financial

Equitable Holdings Inc

Business Description

Equitable Holdings, Inc. is a diversified financial services company that provides life insurance, retirement planning, investments and other services to individuals, families and businesses. The company operates through subsidiaries, including Equitable Life Insurance Company, AllianceBernstein, and Equitable Distributors.

Equitable was founded in 1859 and is headquartered in New York City. The company has a long history of providing life insurance to clients and has since expanded to offer a wide range of financial services. In 1998, Equitable became a wholly-owned subsidiary of AXA, a French multinational insurance company. In 2018, AXA sold its majority stake in Equitable in an initial public offering, which enabled Equitable to become a publicly traded company.

Equitable is now an independent company listed on the New York Stock Exchange under the ticker symbol EQH. It has over6 million clients with $296.3 billion in assets under management, as of December 31, 2020. Its products and services include life insurance, retirement planning, annuities, investments, and employee benefits.

Life insurance is one of Equitable*s core products, and it offers a wide range of life insurance policies, including term, whole life and universal life insurance. The company*s annuity offerings include fixed and variable annuities, which are designed to provide guaranteed income during retirement.

Through its subsidiary, AllianceBernstein, Equitable offers investment management services, including mutual funds, separately managed accounts, and institutional investment services. Equitable is also a leader in the retirement plan market, offering defined contribution plans, such as 401(k)s, and defined benefit plans.

Equitable is committed to corporate responsibility and has set goals in areas such as carbon neutrality, diversity and inclusion, and community impact. The company has also launched the Equitable Foundation, which supports nonprofit organizations in communities in which Equitable operates.

In summary, Equitable Holdings, Inc. is a diversified financial services company that offers life insurance, retirement planning, investments, and other services to individuals, families, and businesses. With over6 million clients and $296.3 billion in assets under management, Equitable is one of the leading providers of financial services in the United States.

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