Company Overview of Nationwide Financial Services, Inc.
Nationwide Financial Services, Inc., together with its subsidiaries, provides long-term savings and retirement products in the United States. The company’s Individual Investments segment offers individual ‘The BEST of AMERICA’, Nationwide Destination, and other private label deferred variable annuity products, individual annuity products, deferred fixed annuity products, income products, immediate annuities, and portfolio income insurance. Its Retirement Plans segment provides private and public sector group retirement plans, as well as investment advisory services. Its Individual Protection segment offers investment life insurance products, including individual variable, corporate-owned lif...
One Nationwide Plaza
Columbus, OH 43215
Founded in 1996
Key Executives for Nationwide Financial Services, Inc.
Principal Executive Officer
Chief Executive Officer of NMIC and Chief Executive Officer of NMFIC
Senior Vice President and President of Nationwide Funds
Senior Vice President and President of Nationwide Securities
Compensation as of Fiscal Year 2013.
Nationwide Financial Services, Inc. Key Developments
Nationwide Financial Joins LPL Financial's Worksite Financial Solutions Platform
Mar 6 14
Nationwide Financial has integrated LPL Financial 's Worksite Financial Solutions platform into its 401(k) products. The integration will help LPL advisors provide their retirement plan participants with financial advice. By joining the platform, Nationwide Financial will enable its plan sponsor clients who work with a LPL advisor to offer the Worksite Financial Solutions platform's Employee Transition and Engagement Solutions. This supports the efficient enrollment of employees into retirement plans, promotes financial education and wellness, and helps employees during times of transition -- both when they join the plan and upon employment separation. The goal is to help Nationwide Financial and LPL advisors better address the needs of plan participants throughout their financial lives from the date of hire to retirement and beyond.
Nationwide Financial, Annexus Partnership Offers Advisors New Fixed Indexed Annuity
Feb 10 14
Nationwide Financial and Annexus announced a new partnership and the launch of Nationwide New Heights(SM), a fixed indexed annuity product built to capitalize on what both companies see as a market poised for robust growth. In today's low interest rate environment, fixed indexed annuities may be more appealing than other fixed investment options in the eyes of advisors and consumers. New Heights, along with its two optional riders, is built for risk-averse clients who want the stability that a fixed product provides while also having upside growth potential and a return of principal. Starting today, Annexus, a leading fixed indexed annuity product designer, will market and distribute the product through Independent Marketing Organizations (IMO). New Heights also will be available to Nationwide's exclusive agents, independent distributors and bank and wirehouse channels next month. Advisors can choose between two optional riders for an additional cost, each available with a purchase payment bonus option. The Nationwide High Point 365(SM) Lifetime Income Benefit rider helps clients meet their retirement income needs, and the Nationwide High Point(SM) Enhanced Death Benefit rider provides legacy planning options. Both offer clients the greater of potential growth of their contract value or a fixed rate increase on their premium.
Nationwide Financial Introduces Nationwide Living Benefit Suite of Riders for Nationwide Destination(SM) Series 2.0 Variable Annuities
Jan 14 14
Nationwide Financial introduced the Nationwide Living Benefit Suite of Riders for Nationwide Destination(SM) Series 2.0 variable annuities. The suite offers new options to help advisors recommend the best fit for clients based on age, risk tolerance and their potential guaranteed income needs at retirement. The Nationwide Living Benefit Suite of Riders includes: The Nationwide Lifetime Income Rider(R); Nationwide Lifetime Income CaptureSM and Nationwide Lifetime Income TrackSM.
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