Prudential Finl Stock Price, News & Analysis

Prudential Advisors (NYSE: PRU) announced an expansion of its Midtown Manhattan presence with a new, expanded office at 1270 Avenue of the Americas, Rockefeller Center, dated Oct. 10, 2025. The Greater Metro Financial Group location spans 8,700 square feet and is positioned as a hub for client meetings and advisor recruitment in New York City.

The firm noted its network includes more than 3,000 financial advisors and said the space aims to enhance the advisor and client experience while supporting recruitment of experienced advisors. Named leaders for the office include Michael Saccento, Anatoliy Keslin, Matthew Wall, Rafael Avramov, Joseph Guarino and Thomas Irwin.

Prudential Advisors (NYSE: PRU) opened a new 6,564-square-foot office for the Greater New Jersey Financial Group on Oct 10, 2025 at 101 Crawfords Corner Road, Bell Works, Holmdel, NJ. The space is designed for client meetings and advisor collaboration and is positioned to support recruiting and retention across Prudential Advisors' network of more than 3,000 financial advisors and fee-based planners. Bell Works, described as a "metroburb," offers open, naturally lit common areas with retail and dining amenities to foster advisor-client engagement. Leadership for the Holmdel location includes Rob Nigro, Zoe Nuccio, Kristian Lydon, Maddie Brooks, Kyle Possessky, and Kerri Shave. The firm states the location provides modern, flexible workspace and convenient Central New Jersey access.

FCP (NYSE:PRU) provided $47.1 million in capital via its Structured Investments platform to finance construction of Mira and Ador, a 553-unit, grocery-anchored luxury apartment development in Ballston, Arlington, VA, with an approximately 40,000 sq ft grocery store anchor.

The project occupies the former Macy's site at 685 N. Glebe Road, will be delivered as two 16-story towers designed to LEED Gold standards, and includes 12 units affordable at 80% of AMI. Parking is separated for residents and grocery customers. Sponsors include Insight Property Group and PGIM; Northwestern Mutual is the senior lender and Berkadia and Cushman & Wakefield arranged financing and land sale.

Prudential Financial (NYSE: PRU) has scheduled its third quarter 2025 earnings release for October 29, 2025, after market close. The company will host a conference call on October 30, 2025, at 11:00 a.m. ET to discuss the results with investors.

The conference call will be accessible via webcast on Prudential's Investor Relations website and through dial-in numbers for both domestic and international participants. A replay will be available until November 13 through multiple channels.

Prudential manages approximately $1.6 trillion in assets as of June 30, 2025, with operations across the United States, Asia, Europe, and Latin America.

Prudential Financial (NYSE: PRU) has appointed Joseph Wolk to its Board of Directors as an independent director, effective September 30, 2025. Wolk, currently serving as Executive Vice President and CFO of Johnson & Johnson, will join the Board's Audit and Finance Committees.

As J&J's CFO since 2018, Wolk oversees the company's financial strategy, capital allocation, and leads global shared services for over 130,000 employees. His notable achievements include managing J&J's operational transformation and the separation of its consumer health business. He is also the founding chair of Johnson & Johnson Impact Ventures, focusing on healthcare solutions in developing countries.

Prudential Financial (NYSE:PRU) and LPL Financial (NASDAQ:LPLA) have announced an expanded collaboration to launch an Insurance Overlay retirement lifetime income strategy on LPL's managed accounts platform. The initiative aims to provide protected lifetime income solutions to LPL's network of 29,000 financial advisors.

The collaboration comes as research shows over 11,000 Americans turn 65 daily, with only a small portion of the $34 trillion in retail retirement assets protected against longevity risk. Prudential, managing approximately $1.6 trillion in assets, currently provides over $15 billion in protected income payments annually to more than 3 million customers.

KKR (NYSE:KKR) has signed a significant 15-year lease for 132,529 square feet at Two International Place in downtown Boston, marking a major expansion of its presence in the city. The investment firm, which currently has over 300 employees in the Boston area, will relocate to accommodate its growing operations.

The move coincides with a $100 million reinvestment in International Place by The Chiofaro Company and PGIM Real Estate. The property upgrade includes transformed lobbies, entrances, and a new 25,000-square-foot Aries Club amenity center. KKR plans to use the Boston location to support its global operations, similar to its offices in Gurugram and Dublin.

PGIM (NYSE: PRU), Prudential Financial's $1.44 trillion investment management arm, has formed a strategic partnership with Partners Group (SIX: PGHN) to develop multi-asset portfolio solutions. The collaboration combines PGIM's expertise in public and private assets, including its $1 trillion credit platform, with Partners Group's private equity and infrastructure investment capabilities.

The partnership aims to address growing client demand for alternative investments and comprehensive investment strategies. The solutions will offer diversified exposure across public and private markets, designed to be integrated into defined contribution plans, insurance portfolios, or function as standalone investments, serving both individual and institutional investors.

Prudential Financial (NYSE:PRU) has expanded its EssentialTerm Suite of life insurance products for policies with face amounts of $250,000 and above. The suite features two enhanced solutions: EssentialTerm Value®, their most cost-effective option with conversion flexibility, and EssentialTerm Plus®, designed for long-term financial planning.

The products offer flexible term options of 10-30 years with guaranteed premiums, conversion to permanent policies, and a terminal illness rider. The application process features a 20-minute online interview and qualifies for PruFast Track accelerated underwriting, eliminating medical exams. Optional riders include waiver of premium for disability, accidental death benefit, and convertible life insurance for children.