Prudential Financial companies serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the U.S. These companies offer a variety of products and services, including mutual funds, annuities, real estate brokerage franchises, relocation services, and more. Below, learn more about Prudential and its various businesses that can serve your needs.
In today’s real estate market, you need to work with a company you can trust that has professionals you can rely on. Whether you are buying or selling your primary residence, a second home, or relocating to a new neighborhood, the Prudential Real Estate Network can help make your homeownership dreams come true. Prudential Real Estate Affiliates, Inc., with its network of office in all 50 states, nine Canadian provinces, and Mexico is dedicated to:
Leveraging the Brand and providing value to improve our Affiliates’ business, and
Offering quality service to homebuyers and sellers throughout North America.
Prudential Financial Business Descriptions
Prudential Financial companies serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the U.S. These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement-related services and administration, asset management, banking and trust services, real estate brokerage franchises, relocation services and, through a joint venture, retail securities brokerage services.
Prudential Financial's Common Stock (NYSE:PRU) reflects the performance of its Financial Services Businesses, which consist of its Insurance, Investment, and International Insurance and Investments divisions and its Corporate and Other operations.
The Investment Division conducts its business through Asset Management, Financial Advisory, and Retirement segments.
The Asset Management segment provides a broad array of investment management and advisory services, mutual funds and other structured products, and also consists of commercial mortgage securitization operations, hedge portfolios, and proprietary investment and syndication activities. The Financial Advisory segment provides full service securities brokerage and financial advisory services to individuals and businesses through our joint venture with Wachovia Corporation. This segment also includes our equity security sales and trading operations, our investment research operations, and the distribution of our wrap-fee products.
The Retirement segment manufactures and distributes products and provides administrative services for qualified and non-qualified retirement plans for companies of all sizes. These products and services are offered across the defined contribution market, including the 401(a), 401(k), 403(b), 457, and Taft-Hartley markets. We also offer products in the non-qualified retirement market. Additionally, this segment offers guaranteed products such as guaranteed investment contracts ("GICs"), funding agreements, and group annuities for defined contribution plans, defined benefit pension plans, structured settlements, and non-qualified entities.
International Insurance manufactures and distributes individual life insurance products to the affluent market in Japan and other foreign markets through Life Planners. In addition, through the acquisition of Gibraltar Life in Japan, international insurance offers similar products to the broad middle income market in Japan through Life Advisors, a proprietary distribution channel that operates separately from Life Planners.
International Investments provides private banking, asset management, and investment advice and product choice to high net worth and mass affluent retail clients and to institutional clients in selected international markets. Prudential's private wealth management business offers financial advisory, private banking and asset management services, as well as sales and trading for a wide range of futures and forward contracts, on a global basis, for retail and institutional customers. Prudential's investment business includes manufacturing of proprietary products and distribution of both proprietary and non-proprietary products, all tailored to meet client needs in the target countries.
Prudential Real Estate & Relocation Services is our integrated real estate brokerage franchise and relocation service business. The real estate group markets franchises primarily to existing real estate companies. Our franchise agreements give the franchisee the right to use the Prudential name and real estate service marks in return for royalty payments on gross commissions generated by the franchises. The relocation group offers a variety of services to relocate employees, including the inspection and sale of a home, equity advances, assistance in locating homes, and a variety of relocation policy and group move consulting services.
