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VALIC's headquarters are in Houston, Texas. VALIC ranks in the top 10 of all U.S. and Canadian life insurance companies, [citation needed] based on more than $86 billion in total customer assets under management as of December 31, 2014. The company is a certified member of the Insurance Marketplace Standards Association (IMSA).
The American General Insurance Company was formed on May 8, 1926 by Gus Sessions Wortham in Houston, Texas.Wortham worked for the Texas Fire Rating Board in Austin, Texas before moving to Houston in 1912.
Osaic, formerly known as Advisor Group, is an American wealth management firm. [1] The firm serves approximately 11,600 financial professionals managing more than $653 billion in assets. [ 2 ] While Osaic was initially a network of independent broker-dealers, in 2023, the company began the process to integrate all the firms under the Osaic ...
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Hightower was co-founded in 2007 by Elliot Weissbluth, Larry Koehler, Daniel Lidawer and Drew Kornreich. The firm was founded for broker-dealer advisors who wanted to move to an independent firm that still received the support of a big firm but without the negative press and conflicts of interest of needing to recommend products that their employer required them to sell.
The move made it the second major agency to downgrade the US after the S&P did so back in 2011. A third credit rating agency, Moody’s Investors Service, ...
A former Allianz fund manager was spared prison time on Friday over his role in a meltdown of private investment funds sparked by the COVID-19 pandemic that caused an estimated $7 billion of ...