Fiduciary Exchange LLC announced that it has received funding from Prudential Financial, Inc., Franklin Resources, Inc., Invesco Capital Management LLC, Axonic Insurance Services LLC
Fiduciary Exchange LLC announced that it has received in a round of funding led by new investor, Prudential Financial, Inc. on June 17, 2025. The transaction included participation from new investors, Franklin Resources, Inc. , Invesco Capital Management LLC, Axonic Insurance Services LLC.
Prudential Financial, Inc. specializes in supplying financial services to private and institutional customers. Revenues break down by activity as follows:
- retirement insurance (47.3%);
- group insurance (9.1%): primarily life and disability insurances;
- individual life insurance (8.8%);
- portfolio and mutual fund management (5.8%): USD 1,375.2 billion in assets under management at the end of 2024;
- other (3.5%).
The remaining revenues (25.5%) are from international activities.
Revenues are distributed geographically as follows: the United States (69%), Japan (19.5%) and other (11.5%).
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Investor
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Global
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ESG MSCI
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Fiduciary Exchange LLC announced that it has received funding from Prudential Financial, Inc., Franklin Resources, Inc., Invesco Capital Management LLC, Axonic Insurance Services LLC