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)

51.5K

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 & 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

Executive Vice President & Chief Human Resources Officer

Executive Vice President & Head of International Businesses

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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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PPM uses a variety of methods of analysis in formulating investment advice and/or managing client assets. Fundamental and technical in-house research underpins the firm’s analysis of current or potential investments. The firm utilizes a team-based approach to manage the assets of the portfolio. They also implement client investment strategies primarily through designated portfolio management teams focused on particular asset classes, including fixed income, bank loans, private debt, public equity and private equity.

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DCLA utilize fundamental, top-down, bottom-up analysis for determining investment decisions. Their investments are not constrained by company size, style, or geography. The firm’s investment philosophy seeks to provide above-average total returns for clients’ capital through long-term investment in individual equity and fixed-income securities. They invest in companies that have business models that can generate attractive long-term returns for their clients. They do not invest in any pooled or collective vehicles such as hedge funds or private equity funds. DCLA allocates clients’ capital between common stocks and fixed-income securities in accordance with each client's individual risk tolerance and investment objectives. Portfolios own primarily individual common stocks and fixed-income securities. Douglas Lane & Associates does not invest in or sell any financial products such as mutual funds, ETFs, annuities, or insurance.

Recent Transactions
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KB Financial Group, Inc. purchases Prudential Life Insurance of Korea from Prudential Financial, Inc.

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Prudential Financial, Inc. purchases Assurance IQ LLC

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

Insider Transactions
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Transaction Advisors
Auditor

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

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. It engages in the provision of liquidity for purchases of homes and financing of multifamily rental housing and refinancing existing mortgages. The firm operates through the following segments: Single-Family and Multifamily. 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. Federal National Mortgage Association 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, property 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 2019
Market Capitalization
$25.9B
Total Enterprise Value
$70.7B
Earnings Per Share
$10.11
Revenue
$64.8B
Total Equity
$63.7B
Net Profit
$4.14B
Enterprise Value / Sales
1.09x
TEVNet Income
17.07x
Debt TEV
0.45x
Total Debt
$31.5B
Three Year Compounded Annual Growth Rate Of Revenue
4.07%
Non-Profit Donations & Grants
$50K - $100K
2020
$100 - $999
2020
$5M - $10M
2019
Political Donations
$1,200
2014
$1,500
2014
$5,000
2014
Investments
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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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Remitly, Inc. operates as a digital remittance company that provides mobile money transfer services. The firm enables consumers to make person-to-person international money transfers online through web and a proprietary mobile application. The company was founded by Matthew B. Oppenheimer, Shivaas Gulati, Motti Shechter and Joshua Hug in 2011 and is headquartered in Seattle, WA.

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

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

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 | Minneapolis, MN

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. It 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, South Korea

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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