Prudential Financial

Type: Public
Founded: Newark, New Jersey, 1875
Headquarters: Newark, New Jersey
Key people: Arthur Ryan, CEO & Chairman
Industry: finance
Products: Insurance
Website: www.prudential.com

General Information

Prudential Financial, Inc. (NYSE: PRU) and its subsidiaries provide insurance, investment management, and other financial products and services to both retail and institutional customers throughout the United States and in over 30 other countries. Principal products and services provided include life insurance, annuities, mutual funds, pension- and retirement-related investments, administration and asset management, and commercial and residential real estate in many states of the U.S. In 1981, the company acquired Bache & Co., a stock brokerage service now operating as a wholly owned subsidiary. Prudential has organized its principal operations into the Financial Services Businesses and the Closed Block Business.

Prudential is composed of hundreds of subsidiaries and holds more than $1.9 trillion dollars of life insurance. Its logo is the Rock of Gibraltar.

Accolades

Prudential has received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign every year since 2003, the second year of the report. In addition, the company was named one of the '100 Best Companies for Working Mothers' in 2004 by Working Mothers magazine.