We are one of America's leading financial services companies and have helped clients prepare for their financial future with confidence since 1859. Our more than 12,100 employees and advisors are entrusted with more than $600 billion of assets under management through two complementary and well-established principal franchises, AXA Equitable Life and AllianceBernstein, providing: advice and solutions for helping Americans set and meet their retirement goals and protect and transfer their wealth across generations; and a wide range of investment management insights, expertise and innovations to drive better investment decisions and outcomes for clients and institutional investors worldwide. We aim to be a trusted partner to our clients by providing advice, products and services that help them navigate complex financial decisions. Our financial strength and the quality of our people, their ingenuity and the service they provide help us build relationships of trust with our clients. We believe that the growing and aging U.S. population, shift of responsibility for retirement planning from employers to individuals and overall growth in total investable assets will drive significant demand for our products and services going forward. Throughout our long history, we have embraced change and looked to the future, and we continue to see significant opportunities to find new solutions and new ways to deliver service to clients within our target markets.