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Beneficial Financial Group is an insurance and financial services company based in Salt Lake City, Utah. It is a subsidiary of Deseret Management Corporation (DMC), [1] the for-profit arm of the Church of Jesus Christ of Latter-day Saints (LDS Church). The company was founded in 1905 [2] and as of its 2013 fiscal year end had assets of $3.0 ...
The park was created when the Mitchell Family of Beneficial Insurance Group developed the lot between Oxford and Serrano Avenues at 3700 Wilshire Boulevard with an 11-story building in 1967. It became their headquarters named Beneficial Plaza, now renamed Wilshire Park Place.
In 1960, the company entered the British market. In 1961, the company purchased Western Auto Supply Co., and in 1965 purchased Spiegel, Inc [3] (later sold in 1981). [4] In 1970, the company changed its name to Beneficial Corporation. In 1976, Beneficial began offering credit cards through its People's Bank & Trust Co. subsidiary in Delaware.
Some 22 high-rise office buildings were erected on Wilshire Boulevard from 1966 to 1976 to provide office space for such companies as Getty Oil Co., Ahmanson Financial Co., Beneficial Standard Life Insurance, Wausau, and Equitable Life Insurance.
This is a list of notable corporations headquartered in Los Angeles County, California. The table is arranged alphabetically by company. The table is arranged alphabetically by company. This is a dynamic list and may never be able to satisfy particular standards for completeness.
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