Pru Acquires MullinTBG

October 14, 2008 at 11:54 AM
Share & Print

Prudential Financial Inc. has scooped up a West Coast executive benefits firm.

Prudential, Newark, N.J., has acquired MullinTBG Insurance Agency Services L.L.C., Los Angeles, and several MullinTBG affiliates, such as MullinTBG Advisors.

MullinTBG, which sells executive deferred compensation plans and related plans and services to large corporations, now is part of Prudential's Prudential Retirement arm.

MullinTBG has been managing about $21 billion in assets for 60,000 executive participants in 650 plans, Prudential estimates.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Related Stories

Resource Center