A Brief History of Brighthouse Financial, Inc. (BHF)

Brighthouse Financial, Inc. is a major insurance company in the United States, specializing in annuities and life insurance. The company was founded as a subsidiary of MetLife, Inc. in 2016, before becoming an independent, publicly traded company in 2017.

Here are some key milestones in the history of Brighthouse Financial:

• 2016: Brighthouse Financial is established as a subsidiary of MetLife, Inc., with a focus on offering annuities and life insurance products.
• 2017: Brighthouse Financial becomes an independent, publicly traded company, listed on the Nasdaq Stock Market under the ticker symbol BHF.
• 2018: The company announces a strategic partnership with Blackstone Group, a leading investment firm, to help manage its investment portfolio.
• 2019: Brighthouse Financial continues to expand its product offerings and distribution channels, solidifying its position as a major player in the insurance industry.
• 2020: Despite the challenges posed by the COVID-19 pandemic, Brighthouse Financial remains resilient and continues to serve its customers with innovative insurance solutions.

Who Owns Brighthouse Financial, Inc. (BHF)

Brighthouse Financial, Inc. (BHF) is a financial services company that was spun off from MetLife, Inc. in 2017. As of the latest available information, the largest shareholders of Brighthouse Financial, Inc. are institutional investors and mutual funds. These investors hold significant stakes in the company and play a key role in influencing its direction and performance. Some of the major institutional shareholders of Brighthouse Financial, Inc. include Vanguard Group, BlackRock, and State Street Corporation.

• Vanguard Group: Vanguard Group is one of the largest investment management companies in the world and holds a substantial stake in Brighthouse Financial, Inc. through its various funds.
• BlackRock: BlackRock is another major player in the financial services industry and has a significant ownership interest in Brighthouse Financial, Inc.
• State Street Corporation: State Street Corporation is a trusted provider of financial services to institutional investors and is also a major shareholder in Brighthouse Financial, Inc.

These institutional investors not only provide financial support to Brighthouse Financial, Inc. but also bring valuable expertise and resources to the company. Their ownership stake indicates a level of confidence in the company's potential for growth and success in the competitive financial services industry.

Brighthouse Financial, Inc. (BHF) Mission Statement

At Brighthouse Financial, our mission is to help people achieve financial security and peace of mind. We are committed to providing innovative and flexible annuity and life insurance solutions that meet the evolving needs of our customers.

Our customer-centric approach drives everything we do. We strive to empower individuals to take control of their financial futures by offering products and services that are transparent, easy to understand, and tailored to their unique goals and circumstances.

Brighthouse Financial is dedicated to integrity and excellence in all aspects of our business. We hold ourselves to the highest standards of professionalism and ethics, ensuring that our customers can trust us to always act in their best interests.

• Innovative solutions: We continuously strive to develop new and improved financial products that address the needs of today's consumers.
• Customer empowerment: We believe in educating and empowering our customers to make informed decisions about their financial well-being.
• Integrity and excellence: We are committed to upholding the highest standards of professionalism, ethics, and transparency in everything we do.

How Brighthouse Financial, Inc. (BHF) Works

Brighthouse Financial, Inc. is a leading provider of annuities and life insurance in the United States. The company focuses on helping people achieve financial security and peace of mind for their retirement years.

Brighthouse Financial works by offering a range of annuity products that provide customers with guaranteed income for life or a specified period. These annuities allow individuals to plan for their retirement by providing a steady stream of income to supplement Social Security and other sources of retirement savings.

Brighthouse Financial also offers life insurance products that provide financial protection for families in the event of the policyholder's death. These products can help cover expenses such as mortgage payments, college tuition, and other costs that may arise after the death of a loved one.

Brighthouse Financial works with financial advisors to help customers understand their options and choose the right products for their individual needs. The company prides itself on providing personalized service and tailored solutions to help customers meet their financial goals.

• Annuities: Brighthouse Financial offers a variety of annuity products, including fixed, variable, and index-linked annuities. These products provide customers with different options for growth and income based on their risk tolerance and investment preferences.
• Life Insurance: Brighthouse Financial's life insurance products include term life, whole life, and universal life insurance. These products provide customers with options for protecting their families and leaving a legacy for future generations.
• Financial Advisors: Brighthouse Financial works closely with financial advisors to help customers navigate the complexities of retirement planning and insurance coverage. Advisors can help customers assess their needs, compare products, and make informed decisions about their financial futures.

How Brighthouse Financial, Inc. (BHF) Makes Money

Brighthouse Financial, Inc. (BHF) makes money through a variety of financial services and products that cater to individuals planning for retirement. Here are some key ways in which the company generates revenue:

• Insurance Products: Brighthouse Financial offers a range of insurance products, including annuities, life insurance, and long-term care insurance. Customers pay premiums for these products, which provide them with financial protection and benefits in the future. The company earns revenue through the premiums paid by policyholders.
• Investment Management: In addition to insurance products, Brighthouse Financial also offers investment management services. The company manages assets on behalf of clients, helping them grow their wealth over time. Brighthouse earns revenue through fees charged for these services.
• Financial Advice: Brighthouse Financial provides financial planning and advice to help individuals make informed decisions about their retirement savings. Customers may pay for these services either through a one-time fee or an ongoing advisory fee.
• Asset Management: The company also earns money through managing and investing its own assets. By making strategic investment decisions, Brighthouse Financial aims to generate returns that contribute to its overall profitability.