Welcome to our dedicated page for Equitable Holdings news (Ticker: EQH), a resource for investors and traders seeking the latest updates and insights on Equitable Holdings stock.
Equitable Holdings, Inc. reports developments across retirement, asset management and wealth management businesses conducted through Equitable, AllianceBernstein and Equitable Advisors. Company news commonly covers operating results, segment performance, assets under management and administration, retirement and protection strategies, investment management services, and advisory relationships with individual, institutional and private wealth clients.
Recurring updates also include capital actions such as common and preferred stock dividends, share repurchase authorizations and debt transactions. Equitable also publishes research on financial planning, retirement readiness, wealth transfer and advisor-client needs, reflecting the company's focus on retirement planning, wealth management, protection and risk management services.
Equitable Holdings reported a significant financial turnaround for the full year 2021, achieving Non-GAAP operating earnings of $2.8 billion ($6.58 per share), a 32% increase year-over-year. The company experienced $25 billion in net inflows, driving Assets Under Management (AUM) up 12% to $908 billion. Despite a net loss of $439 million, improved performance in capital-light business segments and a new $1.2 billion share repurchase program for 2022 were highlighted. Total capital returned to shareholders reached $1.9 billion in 2021, demonstrating strong capital management actions.
Equitable Holdings, Inc. (NYSE: EQH) announced that Robin M. Raju, Senior Executive Vice President and CFO, will speak at the 2022 Credit Suisse Financial Services Forum on February 17, 2022, at 4:20 p.m. ET. Interested parties can access a live audio webcast on the Equitable Holdings Investor Relations website and should log in 15 minutes before the event. A recording will be available post-event. Founded in 1859, Equitable offers financial services and manages approximately $871 billion in assets, serving over 5 million clients.
Equitable Holdings Inc. (NYSE:EQH) has partnered with StudentLoan Tech, Inc. to launch a free eligibility calculator for the Public Service Loan Forgiveness (PSLF) program. This initiative aims to assist employees in the non-profit sector with managing student loan repayments as federal forbearance approaches its end on May 1, 2022. The tool estimates potential loan forgiveness and outlines application steps. Recent changes to PSLF have simplified applications and expanded eligibility, which could benefit more borrowers.
AllianceBernstein (AB) announced Noel Archard as the Global Head of ETFs and Portfolio Solutions, effective February 7, 2022. This new role aims to establish a global ETF business, with active ETF offerings planned for later in the year. Archard, with over 20 years of experience, will lead the initiative and report to Onur Erzan. The firm aims to create innovative solutions to meet evolving client needs, leveraging its investment capabilities. As of December 31, 2021, Equitable Holdings, Inc. (EQH) owned approximately 64.5% of AllianceBernstein.
Equitable Holdings, Inc. (NYSE: EQH) will release its financial results for Q4 and the full year of 2021 on February 10, 2022, after market close. A conference call to discuss the results is set for February 11, 2022, at 9:00 a.m. ET. The call will be available on the company's investor relations website. Equitable Holdings has about 12,000 employees and $871 billion in assets under management as of September 30, 2021, serving over 5 million clients globally.
Equitable Holdings, Inc. (NYSE: EQH) has partnered with Bestow to launch a new digital term life insurance product named Term-in-10. This offering utilizes Bestow's advanced technology to streamline the application process, allowing customers to secure coverage in about 10 minutes without a medical exam. The product is available exclusively through Equitable Advisors, aiming to enhance the customer experience and expand access to life insurance. Coverage amounts reach up to $1 million across flexible term options of 10, 15, and 20 years.
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Equitable Holdings, Inc. (NYSE: EQH) announced that CEO Mark Pearson will participate in a fireside chat at the Goldman Sachs 2021 US Financial Services Conference on December 8, 2021, at 4:20 p.m. ET. A live audio webcast will be available on the Equitable Holdings Investor Relations website, where a replay will be accessible post-event. Equitable Holdings, established in 1859, manages approximately $871 billion in assets and serves over 5 million clients globally through its franchises, Equitable and AllianceBernstein.
Equitable Holdings Inc. (NYSE: EQH) has been selected as the sole provider for the 403(b) and 401(a) retirement plans for Bartholomew Consolidated School Corporation in Columbus, Indiana, following a competitive bidding process. The firm will manage over $71 million in plan assets for more than 822 educators across 19 schools. This partnership aims to enhance financial security for educators by offering personalized advice and an integrated technology platform. Equitable is recognized as the leading provider of 403(b) plans in the K-12 market.
Equitable Holdings, Inc. (NYSE: EQH) has introduced a new registered index-linked annuity, Structured Capital Strategies Income, designed to address retirement income concerns. This innovative product combines lifetime income options with market volatility protection, aiming to help investors maintain financial well-being during retirement. With options for immediate income, level income that does not decrease, and accelerated income, the annuity allows for income growth and partial market loss protection. Research shows heightened anxiety among pre-retirees regarding retirement finances, which this product aims to alleviate.