Equitable Holdings, Inc. undergoes a strategic realignment, focusing on high-growth areas like Retirement and Asset Management, enhancing shareholder value.
Equitable Holdings (EQH) undergoes a strategic transformation, marked by a reinsurance deal and a tender offer, focusing on high-growth segments. Q4 earnings missed estimates, but revenues showed promise.
Equitable Holdings strategically shifts focus to Retirement, Asset Management, and Wealth Management. Recent moves include reinsurance deal with RGA and AllianceBernstein tender offer.
Equitable Holdings is undergoing a strategic transformation, marked by a reinsurance deal with RGA and a tender offer for AllianceBernstein. These moves signal a focus on retirement solutions, asset management, and wealth management.
Equitable Holdings strategically rebalances towards growth areas like retirement and asset management. Key moves include a reinsurance deal with RGA and a tender offer for AllianceBernstein.
Equitable Holdings' Q4 2024 earnings: AUM grew, but earnings missed estimates. Douglas Dachille's appointment and declining net investment income are key factors.
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through four segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related solutions to various clients through institutional, retail, and private wealth management channels; and distributes its institutional research products and solutions. The Protection Solutions segment provides various variable universal life, indexed universal life, and term life products to help affluent and high net worth individuals, as well as small and medium-sized business owners; and a suite of life, short- and long-term disability, dental, and vision insurance products to small and medium-size businesses. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.