Prudential Financial, Inc.

Prudential Financial, Inc.

Prudential Financial, Inc.

Overview
Date Founded

1875

Headquarters

751 Broad Street,23rd floor,Newark, NJ 07102

Type of Company

Public

Employees (Worldwide)

50.5K

Industries

Insurance: Life & Health
Insurance Brokerage
Investment Banking & Brokerage

Company Description

For more than 135 years, Prudential Financial, Inc., has helped individual and institutional customers grow and protect their wealth. Today, we are one of the world's largest financial services institutions with operations in the United States, Asia, Europe, and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock ®, an icon of strength, stability, expertise, and innovation.

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Executives & Employees

Chairman, President & Chief Executive Officer

Executive Vice President & Chief Financial Officer

Senior Vice President & Chief Investment Officer

Executive Vice President & General Counsel

Chief Marketing Officer

Senior Vice President & Chief Risk Officer

Executive Vice President & Chief Information Officer

Principal Accounting Officer & Senior Vice President

Senior Vice President & Chief Human Resources Officer of the Company & Prudential Insurance

Executive Vice President & Head of International Businesses

Board of Directors

Chairman, President & Chief Executive Officer at Prudential Financial, Inc.

Vice Chairman at Prudential Financial, Inc.

Chairman of the Board, President & Chief Executive Officer at Park Hotels & Resorts, Inc.

Vice Chairman of the Supervisory Board & Secretary at Koninklijke Philips NV

Manager, Car Assembly Operations-Pontiac Motor Car Division at General Motors Company

Former Vice President, Corporate Responsibility at Dell, Inc.

Founder & Managing Member at Comprehensive Financial Strategies LLC

Chairman of the Board, President, Chief Executive Officer at Express Scripts, Inc.

President at Whirlpool International Finance BV

Former Senior Vice President at JPMorgan Chase & Co.

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Owners & Shareholders
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NAM is an active manager which generally invests client assets in Japanese equity securities through a bottom-up approach based on research and analysis by analysts and valuations that aims to create portfolios that the firm believes will outperform the Japanese equity market (TOPIX). The firm employs the following investment strategies: Equity, Fixed Income and Multi-Asset. NAM adopt a team-oriented investment approach for their equity strategy whereby portfolio managers and analysts can exchange opinions and have sufficient in-depth discussions about investment opportunities in order to capture superior medium- to long-term investment return. The firm offers a broad range of fixed-income products with a wide variety of investment targets and strategies such as Japanese government bonds, credits, futures, and foreign fixed-income bonds with currency hedges. As a solution for weathering the risk of the low interest rate in Japan as well as the risk of interest rate hike going forward, they also offer absolute return strategies. NAM also offers multi-asset products which seek absolute return, developed by using Nippon Life's expertise in managing life insurance general account portfolio which pursues long-term stable guaranteed yield plus alpha returns.

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AC's investment process utilizes quantitative methods that focus on identifying and incorporating investment signals into their proprietary return, risk and transaction cost models. Their investment approach involves creating and investing in diversified equity portfolios. They utilize a structured investment process that attempts to add value relative to a client specific benchmark. This involves identifying opportunities across companies, sectors and countries by evaluating a diverse set of fundamental and market-based predictive factors. Portfolios are constructed through the use of a mean variance optimizer and proprietary risk and transaction cost models. Depending on the client's mandate, AC offers advice on forward foreign currency contracts, options on foreign currency, futures, interest rates, currency, equity swap transactions, REITs and repurchase agreements. They also effect transactions in derivatives.

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Tradition Asset Management LLC, a subsidiary of Luxon Financial LLC, is an American company located in Richmond, VA, that provides investment advice. The firm was founded in 2018 by Christopher Joseph Trompeter and Michael Claude Provine.

Recent Transactions
Details Hidden

Prudential Financial, Inc. purchases Assurance IQ, Inc.

Details Hidden

Eurovita Holding SpA, Cinven Group Ltd. purchase Pramerica Life SpA from Prudential Financial, Inc.

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Prudential Financial, Inc., QMA LLC purchase QMA Wadhwani LLP

Transaction Advisors
Auditor

Advised onPrudential Financial, Inc. issued Common Stock

Legal Advisor

Advised onWells Fargo & Co. purchases Wachovia Securities LLC from Prudential Financial, Inc.

Legal Advisor

Advised onPrudential Financial, Inc. purchases CIGNA Corp. /Retirement Planning Business from Cigna Holding Co.

Legal Advisor

Advised onPrudential Financial, Inc. purchases AFP Habitat SA from Inversiones La Construccion SA

Co-Chair, Financial Institutions Group

Advised onWells Fargo & Co. purchases Wachovia Securities LLC from Prudential Financial, Inc.

Legal Advisor

Advised onPrudential Financial, Inc. purchases Allstate Corp. /Variable Annuities Business from The Allstate Corp.

Advisors & Consultants
Legal Advisor

Partner at Sidley Austin LLP

Legal Advisor

Partner at Schiff Hardin LLP

Legal Advisor

Partner at Gibson, Dunn & Crutcher LLP

Clients

Federal National Mortgage Association is a government-sponsored company, which engages in the provision of liquidity for purchases of homes and financing of multifamily rental housing and refinancing existing mortgages. It operates through the Single-Family and Multifamily segments. The Single-Family segment offers liquidity to the mortgage market and increase the availability and affordability of housing for single families. The Multifamily segment includes guaranty fees on the mortgage and on the multifamily mortgage loans. The company was founded in 1938 and is headquartered in Washington, DC.

Marcus & Millichap, Inc. engages in the provision of investment real estate brokerage services. It specializes in commercial real estate investment sales, financing, research, and advisory services. The company was founded by George M. Marcus and William A. Millichap in 1971 and is headquartered in Calabasas, CA.

Freddie Mac was chartered by Congress in 1970 with a public mission to stabilize the nation's residential mortgage markets and expand opportunities for homeownership and affordable rental housing. Our statutory mission is to provide liquidity, stability and affordability to the U.S. housing market. We participate in the secondary mortgage market by purchasing mortgage loans and mortgage-related securities for investment and by issuing guaranteed mortgage-related securities, principally those we call PCs. The secondary mortgage market consists of institutions engaged in buying and selling mortgages in the form of whole loans (i.e., mortgages that have not been securitized) and mortgage-related securities. We do not lend money directly to homeowners.

Key Stats and Financials As of 2018
Market Capitalization
$37.5B
Total Enterprise Value
$69.8B
Earnings Per Share
$9.5
Revenue
$61.2B
Net Profit
$4.03B
Total Debt
$34.7B
Total Equity
$49B
Enterprise Value Sales
1.14x
TEVNet Income
17.35x
Debt TEV
0.5x
Non-Profit Donations & Grants
$250K - $500K
2018
$250K - $1M
2017
Political Donations
$1,200
2014
$1,500
2014
$5,000
2014
Investments
Details Hidden

Mubadala Pramerica Real Estate Investors Ltd. provides international investment opportunities, advice and management services in the real estate market. It offers tailored advisory services to customers seeking attractive and reliable returns through both conventional and Shariah-compliant investment vehicles. The company was founded in 2010 and is headquartered in Abu Dhabi, United Arab Emirates.

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Puma Biotechnology, Inc. is a development stage biopharmaceutical company. It acquires and develops innovative products for the treatment of various forms of cancer. The company focuses on in-licensing drug candidates that are undergoing or have already completed initial clinical testing for the treatment of cancer and then seek to further develop those drug candidates for commercial use. Puma Biotechnology was founded by Alan H. Auerbach on September 15, 2010 and is headquartered in Los Angeles, CA.

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Point Digital Finance, Inc. provides platform for the homeowners to sell fractional equity in their homes. The company was founded by Eddie Lim, Eoin Matthews and Alex Rampell in 2014 and is headquartered in Palo Alto, CA.

Suppliers
SSI Securities Corp. Investment Banking & Brokerage | Ho Chi Minh City, SG

SSI Securities Corp. engages in the provision of brokerage services, securities trading, finance and investment advisory service, custodian service, and underwriting for share issuance. It operates through the following business segments: Brokerage and Customer Services, Trading Activities, Treasury Activities, Fund Management, and Investment Banking and Others. The firm also provides fundamental equity research, economics research, and investment strategy research services. The company was founded by Hung Duy Nguyen on December 30, 1999 and is headquartered in Ho Chi Minh City, Vietnam.

Wells Fargo & Co. Management Consulting | SAN FRANCISCO, CA

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. The firm operates through the following segments: Community Banking, Wholesale Banking, Wealth & Investment Management, and Other. The Community Banking segment offers complete line of diversified financial products and services for consumers and small businesses including checking and savings accounts, credit and debit cards, and automobile, student, and small business lending. The Wholesale Banking segment provides financial solutions to businesses across the United States and globally. The Wealth and Investment Management segment includes personalized wealth management, investment and retirement products and services to clients across U.S. based businesses. The Other segment refers to the products of WIM customers served through community banking distribution channels. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

Spackman Entertainment Group Ltd. Holding Companies | Seoul, SL

Spackman Entertainment Group Ltd. operates as an entertainment holding company engages in the independent development, production, presentation and financing of theatrical motion pictures in Korea. It also invests into entertainment companies and film funds that can financially and strategically complement. The company was founded on January 1, 2014 and is headquartered in Seoul, South Korea.

Awards & Honors
Rank #50
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #50
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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