Jackson Financial

#2538

Rank

$6.33B

Marketcap

United States

Country

Leadership team

Ms. Laura Louene Prieskorn (CEO, Pres & Director)

Ms. Marcia Lynn Wadsten F.S.A. (Exec. VP & CFO)

Mr. Paul Chadwick Myers C.F.A., CFA (Vice Chairman of Jackson Holdings LLC)

Products/ Services

Advice, Finance, Financial Services, Impact Investing

Number of Employees

1,000 - 20,000

Headquarters

Mt Pleasant, South Carolina, United States

Established

1961

Company Registration

SEC CIK number: 0001822993

Net Income

1B - 20B

Revenue

Above - 1B

Traded as

JXN

URL

https://www.jackson.com

Overview

Location

Recognition and Award

References

Summary

Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and immediate payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts; funding agreements comprising agreements issued in conjunction with its participation in the U.S. federal home loan bank program; and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities. This segment also provides a block of group payout annuities. The company also offers investment management services. It sells its products through a distribution network that includes independent broker-dealers, banks and other financial institutions, wirehouses and regional broker-dealers, and independent registered investment advisors, third-party platforms, and insurance agents. Jackson Financial Inc. was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. The company was incorporated in 2006 and is headquartered in Lansing, Michigan.

History

Jackson Financial was founded in 2018 by a group of investors with a vision of creating a global financial powerhouse. Over the past two years, the company has grown rapidly, expanding into 5 countries worldwide.

Mission

Jackson Hewitt Tax Service Inc. is an innovator in the tax industry, with a mission to provide its hard-working clients access to simple, low-cost solutions to manage their taxes and tax refunds.

Vision

Our vision is to become the world’s most respected and trusted financial provider, helping our customers achieve their financial goals.

Key Team

Mr. Craig Donald Smith C.F.A. (Pres, CEO & Chief Investment Officer of PPM America, Inc.)

Mr. Scott Eric Romine (Pres & CEO of Jackson National Life Distributors LLC)

Mr. Devkumar Dilip Ganguly (Exec. VP & COO)

Mr. Don Wayne Cummings (Sr. VP, Controller & Chief Accounting Officer)

Ms. Elizabeth Ann Werner (Head of Investor Relations)

Ms. Carrie Lynn Chelko (Exec. VP & Gen. Counsel)

Mr. Bradley Olan Harris (Exec. VP & Chief Risk Officer)

Recognition and Awards

Jackson Financial has been recognized with numerous awards, including 'Best Online Investment Platform' by Money Magazine and 'Most Innovative Banking Service' by the Financial Times.