Who Owns World Financial Group?

World Financial Group (WFG) is a global financial services organization with a presence in the United States, Canada, and Puerto Rico. WFG provides financial services and solutions to individuals and businesses, offering a range of products and services, including investments, insurance, banking, and wealth management services. But who owns this financial powerhouse?

World Financial Group’s Parent Company

World Financial Group is owned by AEGON N.V., a global life insurance, pensions, and asset management company based in The Hague, Netherlands. The company is one of the world’s largest life insurers and has operations in more than 20 countries, including the United States. AEGON has a long history of providing financial services, dating back to 1844. AEGON owns a number of subsidiaries, including Transamerica, a U.S. provider of life insurance and other financial services.

AEGON is a publicly traded company, with its shares listed on Euronext Amsterdam and the New York Stock Exchange. The company has a market capitalization of over $14 billion and has been in business for more than 175 years, making it one of the oldest financial services companies in the world.

World Financial Group’s Management

World Financial Group is led by its CEO, Mark S. Furlong, who has served in this capacity since 2014. Mr. Furlong has over 30 years of experience in the financial services industry, having served in various executive positions with AEGON, Transamerica, and other organizations. Mr. Furlong has been instrumental in helping to shape the company’s growth and success, particularly when it comes to expanding WFG’s presence in the US and Puerto Rico.

The company’s board of directors is comprised of individuals with extensive experience in the financial services industry. The board is chaired by Edmond G. Kofler, who has served as Chairman since 2016. Other members of the board include Michael S. Anderson, who has been a member since 2012, and Antoon J. P. van de Crommenacker, who has been a member since 2004.

World Financial Group’s Financials

In 2019, WFG reported total revenues of $2.7 billion, with a net income of $217 million. WFG is committed to providing its clients with access to quality financial services products and solutions, as well as delivering strong returns to its shareholders. The company has a strong track record of growth, having increased its revenues by an average of 5.4% per year over the past five years.

WFG is also committed to corporate responsibility, with a focus on environmental sustainability, diversity and inclusion, and philanthropy. WFG has donated millions of dollars to various charities over the years, in addition to providing volunteer support for organizations in the communities it serves.

World Financial Group’s Products and Services

WFG provides a broad range of financial services and products, including investments, insurance, banking, and wealth management services. The company’s insurance products include life insurance, disability insurance, and long-term care insurance. The company also offers annuities, mutual funds, and a range of banking services, such as checking and savings accounts, credit cards, and home loans.

WFG also provides a range of wealth management services, including estate planning, retirement planning, and tax planning services. The company’s advisors are available to help individuals and businesses make smart decisions about their financial future.

World Financial Group’s Reach

WFG’s presence extends beyond the United States, Canada, and Puerto Rico. The company also has offices in Australia, Belgium, India, Japan, the Netherlands, and the United Kingdom. WFG has a global network of independent advisors who provide financial services and solutions to individuals and businesses in their local markets.

WFG is committed to providing its clients with quality financial services and solutions, no matter where they are located. The company’s global network of advisors is dedicated to helping individuals and businesses make smart decisions about their financial future.

World Financial Group’s Global Presence

World Financial Group has a global presence, with offices and advisors in countries around the world. In addition to the United States, Canada, and Puerto Rico, WFG also has offices in Australia, Belgium, India, Japan, the Netherlands, and the United Kingdom. This global presence allows WFG to provide its clients with access to quality financial services and solutions, no matter where they are located.

In each of these countries, WFG has a network of independent advisors who are knowledgeable about the local financial markets and regulations. These advisors are dedicated to helping individuals and businesses make smart decisions about their financial future. WFG also provides support to its advisors, with resources such as financial planning tools, training, and marketing support.

In addition to its offices in other countries, WFG also has a presence in over 100 countries through its partnership with Transamerica. This partnership allows WFG to provide global solutions and access to global markets. WFG is committed to providing quality financial services and solutions to its clients, no matter where they are located.