Tools commonly used in the Equitable-Products industry for day-to-day tasks and operations.

• Actuarial software
• Risk management software
• Financial modeling software
• Investment analysis software
• Customer relationship management (CRM) software
• Compliance management software
• Portfolio management software
• Data analytics tools
• Accounting software
• Electronic signature software

Common products and services typical of NAICS Code 523910-05, illustrating the main business activities and contributions to the market.

• Life insurance policies
• Annuities
• Retirement plans
• Disability insurance
• Long-term care insurance
• Structured settlements
• Endowment policies
• Charitable gift annuities
• Equity-indexed annuities
• Fixed-indexed annuities

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Series 7: A license that allows individuals to sell securities products such as stocks, bonds, and mutual funds. It is issued by the Financial Industry Regulatory Authority (FINRA).
• Series 63: A license that allows individuals to sell securities products within a state. It is issued by FINRA.
• Series 65: A license that allows individuals to provide investment advice and manage client portfolios. It is issued by FINRA.
• Investment Adviser Representative (IAR): A license that allows individuals to provide investment advice and manage client portfolios. It is issued by the state securities regulator.
• Certified Financial Planner (CFP): A certification that requires individuals to complete a rigorous course of study and pass an exam covering financial planning, taxes, insurance, estate planning, and retirement. It is issued by the Certified Financial Planner Board of Standards.

A concise historical narrative of NAICS Code 523910-05 covering global milestones and recent developments within the United States.

• The Equitable-Products industry has a long and rich history dating back to the 18th century when the first mutual insurance company was established in England. The industry has since evolved to include a wide range of financial products and services, including annuities, life insurance, and retirement planning. In the United States, the industry saw significant growth in the 20th century, with the introduction of new products and the expansion of distribution channels. Notable advancements in the industry include the development of variable annuities in the 1950s and the introduction of indexed annuities in the 1990s. In recent years, the industry has faced challenges due to changing consumer preferences and increased competition from other financial services providers.

The anticipated future trajectory of the NAICS 523910-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The industry "Equitable-Products" is expected to grow in the coming years due to the increasing demand for financial products and services. The industry is expected to benefit from the growing number of individuals who are seeking financial advice and guidance. The industry is also expected to benefit from the increasing number of individuals who are looking for ways to invest their money. The industry is expected to face challenges due to the increasing competition from other financial intermediaries. However, the industry is expected to overcome these challenges by offering innovative products and services that meet the changing needs of consumers.

Recent groundbreaking advancements and milestones in the Equitable-Products industry, reflecting notable innovations that have reshaped its landscape.

• Digital Platforms: Equitable-Products has been investing in digital platforms to provide customers with easy access to financial products and services.
• Artificial Intelligence: The industry has been using artificial intelligence to provide personalized financial advice to customers.
• Sustainable Investing: Equitable-Products has been offering sustainable investing options to customers who are interested in investing in companies that are environmentally and socially responsible.
• Mobile Apps: The industry has been developing mobile apps to provide customers with easy access to their financial information and to make transactions.
• Robo-Advisors: Equitable-Products has been using robo-advisors to provide customers with low-cost investment advice.