penn mutual subsidiaries

The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, received the 2020 Community Leadership Award from Travis Manion Foundation during the annual "If Not Me, Then Who" Gala, held virtually on December 10, 2020. HTK is a wholly owned subsidiary of The Penn Mutual Life Insurance Company. Penn Mutual supports its advisers with retirement and investment services through its wholly owned subsidiary Hornor, Townsend & Kent, LLC, member FINRA/SIPC. HTK does not provide legal and tax advice. For over 170 years, Penn Mutual has consistently paid dividends to eligible whole life policyholders. KBRA Assigns Ratings to Penn Mutual and Janney Montgomery Scott. April 15, 2020 05:29 PM Eastern Daylight Time. Penn Mutual provides stability You can rely on the strength of nearly 40 years as an independent subsidiary of The Penn Mutual Life Insurance Company, known for longevity and Fortune 1000 company with $3.2 billion in revenue. Always consult a qualified tax advisor regarding your personal tax situation and a qualified legal professional for your personal estate planning situation. Moody's ratings of Penn Mutual and its subsidiaries reflects the companies' solid capitalization, strong liquidity and good asset quality. Penn Mutual Asset Management is a wholly owned subsidiary of The Penn Mutual Life Insurance Company. Penn Mutual does not guarantee or warrant the accuracy, timeliness, completeness, merchantability, usefulness, or fitness for a particular use of Gateway or its content. HTK is a wholly owned subsidiary of The Penn Mutual Life Insurance Company. HTK does not provide legal and tax advice. Strong History of Strength & Stability. NEW YORK, NY (January 31, 2019) – Kroll Bond Rating Agency (KBRA) assigns insurance financial strength ratings (IFSR) of AA- to The Penn Mutual Life Insurance Company and its key insurance subsidiaries: The Penn Insurance and Annuity Company, Vantis Life Insurance Company, and Vantis Life Insurance Company of New … Any statements about financial and company performance of The Penn Mutual Life Insurance Company or its insurance subsidiaries (each, “Client”) made by the author is provided with a written consent from the Client. Nor shall Penn Mutual be liable for any loss or injury arising out of or caused in whole or in party by … Any statements about financial and company performance of The Penn Mutual Life Insurance Company or its insurance subsidiaries (each, “Client”) made by the author is provided with a written consent from the Client. Penn Mutual is headquartered in Horsham, Pennsylvania, just outside Philadelphia.. Its subsidiaries include the brokerage firm Janney Montgomery Scott (acquired in 1982), which as of 2020 had $90 billion in assets under advisement for its clients.. The company sells its products throughout the US through several channels, using both independent and captive agents, as well as brokers. Penn Mutual Chairman and CEO Eileen McDonnell accepted the award on behalf of the company in a pre-recorded video presented during the … Two of its financial services subsidiaries -- broker/dealers Hornor, Townsend & Kent and Janney Montgomery Scott -- also distribute Penn Mutual products. The ratings for both PIA-NY and Vantis Life are based on the tight integration of these two companies with Penn Mutual, which includes common investments, management and technology. Visit Penn Mutual at www.pennmutual.com . * A Fortune 1000 company that earns high marks from the nation’s top industry rating organizations, including maintaining an A.M. Best rating of A or better for over 89 years* – only one of 12 life/health insurers to do so. Always consult a qualified tax advisor regarding your personal tax situation and a qualified legal professional for your personal estate planning situation. AM Best Affirms Credit Ratings of The Penn Mutual Life Insurance Company and Its Subsidiaries. Penn Mutual Asset Management is a wholly owned subsidiary of The Penn Mutual Life Insurance Company. Situation and a qualified tax advisor regarding your personal tax situation and a qualified legal professional for your personal planning... And a qualified tax advisor regarding your personal estate planning situation products throughout The US through several channels using..., using both independent and captive agents, as well as brokers Asset is! Townsend & Kent and Janney Montgomery Scott -- also distribute Penn Mutual Life Insurance.. Years, Penn Mutual Asset Management is a wholly owned subsidiary of The Mutual. 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