Table of Contents
Overview of Equitable Holdings
Equitable Holdings, Inc., formerly known as AXA Equitable Holdings, is a premier financial services company based in New York City. With a focus on life insurance, annuities, retirement planning, and asset management, Equitable Holdings has become one of the most prominent firms in the U.S. financial services industry. The company serves both individual and institutional clients across the country.
Equitable Holdings Overview Table
| Feature | Details |
|---|---|
| Founded | 1859 |
| Headquarters | New York, USA |
| CEO | Mark Pearson |
| Industry | Financial Services (Insurance & Asset Management) |
| Employees | ~5,000 (2024) |
| AUM (Q1 2024) | $1.2 Trillion |
| Stock Symbol | EQH (NYSE) |
How Equitable Holdings Earns Revenue: A Breakdown of Its Business Model
Equitable Holdings generates revenue from a diverse range of financial products and services, including life insurance, annuities, retirement solutions, and asset management. Below is a breakdown of its core revenue streams:
Life Insurance & Annuities
- Equitable Holdings offers a variety of life insurance and annuity products, generating significant revenue from premium payments and policyholder investments.
- These products are aimed at helping individuals secure their financial futures through long-term savings and income solutions.
Retirement Solutions
- The company offers individual retirement accounts (IRAs), 401(k) plans, and other retirement savings products.
- Revenue is generated through asset management fees, plan administration fees, and investment earnings.
Asset Management & Investment Products
- Equitable’s asset management division provides a broad array of investment products, including mutual funds, ETFs, and separate account services.
- The firm earns fees from managing client assets, including advisory fees, management fees, and performance-based fees.
Advisory & Wealth Management Services
- Equitable also provides wealth management services, including financial planning, investment advice, and portfolio management.
- These services generate advisory fees and a percentage of client assets under management.
Other Revenue Streams
- The company engages in structured products, securities lending, and reinsurance, which contribute to additional revenue.
Revenue Breakdown by Segment (2024)
| Revenue Stream | Contribution (%) |
|---|---|
| Life Insurance & Annuities | 45% |
| Retirement Solutions | 30% |
| Asset Management & Investment | 20% |
| Advisory & Wealth Management | 5% |
Total Assets Under Management (AUM) Growth (2015-2024)
Equitable Holdings’ AUM has seen steady growth, driven by its strong presence in the retirement and asset management sectors.
| Year | AUM (USD Trillions) | Growth (%) |
|---|---|---|
| 2015 | 0.85 | – |
| 2016 | 0.90 | 5.88% |
| 2017 | 1.00 | 11.11% |
| 2018 | 1.05 | 5.00% |
| 2019 | 1.10 | 4.76% |
| 2020 | 1.15 | 4.55% |
| 2021 | 1.17 | 1.74% |
| 2022 | 1.18 | 0.85% |
| 2023 | 1.19 | 0.85% |
| 2024 | 1.20 | 0.84% |
Equitable Holdings’ Revenue Growth (2015-2024)
| Year | Revenue (USD Billions) | Growth (%) |
|---|---|---|
| 2015 | 13.50 | – |
| 2016 | 14.25 | 5.56% |
| 2017 | 15.00 | 5.26% |
| 2018 | 15.50 | 3.33% |
| 2019 | 16.00 | 3.23% |
| 2020 | 16.50 | 3.13% |
| 2021 | 16.75 | 1.52% |
| 2022 | 16.85 | 0.60% |
| 2023 | 17.00 | 0.89% |
| 2024 | 17.10 | 0.59% |
Business Strategy: Key Pillars Driving Equitable Holdings’ Success
Equitable Holdings continues to thrive due to its diversified business model and commitment to innovation, customer-centric services, and expansion into emerging markets. Below are the key pillars of the firm’s strategy:
Strong Focus on Retirement Solutions
- Equitable is a leader in the retirement savings market, offering a range of products that help individuals and businesses prepare for retirement.
- Its focus on 401(k) plans, IRAs, and other retirement products allows the company to tap into a high-demand, growing market.
Diversified Investment Solutions
- The company provides a wide range of investment options, including mutual funds, ETFs, and separately managed accounts.
- Equitable’s asset management services focus on delivering strong returns for clients, with particular emphasis on diversification and risk management.
Customer-Centric Wealth Management
- Equitable offers personalized financial planning and investment advisory services tailored to meet individual client needs.
- The company’s wealth management solutions help clients navigate financial planning and asset accumulation strategies.
Digital Transformation & Innovation
- Equitable has embraced digital tools and platforms to improve client engagement, enhance operational efficiency, and streamline financial processes.
- The company is investing in technology to provide digital wealth management solutions and expand its customer base.
Strategic Partnerships & Acquisitions
- Equitable actively seeks acquisitions and strategic partnerships to expand its product offerings and geographical reach.
- Recent investments in fintech and insurance technology firms have helped boost the company’s digital capabilities.
Sustainability & ESG Focus
- The company integrates ESG principles into its investment strategy, promoting sustainable investing practices across its portfolio.
- Equitable is committed to responsible investing, helping clients align their portfolios with their environmental and social values.
Summary
Equitable Holdings continues to be a major player in the financial services industry, offering a broad array of life insurance, retirement solutions, and asset management products. With its strong emphasis on retirement planning, asset management, and customer-centric wealth management, Equitable is poised for continued growth. The firm’s focus on digital transformation, sustainable investing, and strategic partnerships ensures its competitive edge in an ever-evolving market.
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