EQH 📈 Axa Equitable Holdings - Overview

Equitable Holdings, Inc. is a global financial services company that operates through a range of segments, including Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management, and Legacy. The company's Individual Retirement segment focuses on providing variable annuity products to high net worth individuals, offering them a suite of options to manage their retirement portfolios. This segment is critical in helping individuals plan for their retirement, ensuring they have a steady income stream and can maintain their standard of living. The company's products in this segment are designed to provide flexibility and growth potential, allowing individuals to customize their retirement plans according to their needs and risk tolerance.

The Group Retirement segment, on the other hand, caters to the retirement needs of educational entities, municipalities, not-for-profit organizations, and small to medium-sized businesses. This segment provides tax-deferred investment and retirement services, enabling these organizations to offer their employees a comprehensive retirement plan. By doing so, Equitable Holdings, Inc. helps these organizations attract and retain top talent, while also ensuring that their employees are well-prepared for their retirement. The company's expertise in this area allows it to provide customized solutions that meet the unique needs of each organization, taking into account factors such as plan size, employee demographics, and investment objectives.

Through its Investment Management and Research segment, Equitable Holdings, Inc. offers a broad range of investment management and research services to institutional clients. This segment provides access to a team of experienced investment professionals who can help clients navigate complex investment markets, identify opportunities, and manage risk. The company's investment management capabilities span multiple asset classes, including equities, fixed income, and alternatives, allowing clients to diversify their portfolios and achieve their investment goals. By leveraging its research capabilities, Equitable Holdings, Inc. is able to provide clients with actionable insights and investment ideas, helping them make informed decisions about their portfolios.

The Protection Solutions segment is another key area of focus for Equitable Holdings, Inc., providing life insurance products and employee benefits to small and medium-sized businesses. This segment offers a range of products, including variable universal life (VUL) insurance, indexed universal life (IUL) insurance, term life insurance, and disability insurance. These products are designed to help businesses protect their employees and provide them with a sense of security, while also helping to attract and retain top talent. The company's employee benefits products, such as dental, vision, and life insurance, can be customized to meet the specific needs of each business, taking into account factors such as employee demographics, budget, and benefits strategy.

The Wealth Management segment offers a range of services, including discretionary and non-discretionary investment advisory accounts, financial planning, and advice. This segment is designed to help high net worth individuals and families manage their wealth, achieve their financial goals, and plan for the future. Equitable Holdings, Inc.'s wealth management services are tailored to meet the unique needs of each client, taking into account factors such as investment objectives, risk tolerance, and time horizon. The company's team of experienced wealth management professionals works closely with clients to develop customized investment strategies, provide ongoing portfolio management, and offer guidance on tax and estate planning.

The Legacy segment consists of the company's capital-intensive fixed-rate guaranteed minimum benefit (GMxB) business, which includes return of premium (ROP) death benefits. This segment is a legacy business that the company has chosen to retain, despite its capital intensity, due to its potential for long-term profitability. The GMxB business provides a guaranteed minimum benefit to policyholders, which can help them manage their retirement income and ensure that they have a steady stream of income in their golden years. While this segment is not a major growth area for the company, it remains an important part of Equitable Holdings, Inc.'s overall business, providing a source of stable earnings and helping to diversify the company's revenue streams.

Equitable Holdings, Inc. has a long history, dating back to 1859, and is headquartered in New York, New York. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. With a strong brand and a long history of providing financial services, Equitable Holdings, Inc. is well-positioned to continue serving its clients and growing its business in the years to come. The company's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol EQH, and its ISIN is US29452E1010. As a diversified financial services company, Equitable Holdings, Inc. operates in the GICS Sub Industry: Diversified Financial Services, providing a range of products and services to individuals, businesses, and institutions.