The Story Of AXA Advisors

Posted in Insurance Company on Jan 23, 2017

The Paris, France firm of AXA Advisors is a multinational insurance company. The company offers financial planning and wealth management products and services in 64 countries around the world, and has helped over 100 million clients meet their financial goals. AXA Advisors is also well known for the philanthropic initiatives that it has been involved in over the years.

The company was founded in 1816 and was initially known as Mutuelle de L’assurance contre L’incendie. It went by this name until 1978 when it acquired Compagnie Parisienne de Garantie and renamed itself Mutuelles Unies. After another acquistion, this time Druot Group, it became called Mutuelles Unies/Drouot. The company adopted the name AXA Advisors in 1985. Although it has acquired a number of other companies since 1985 they have stood by the AXA Advisors name.

AXA Advisors has offices in locations throughout the world. In addition to France, over the years the company has expanded into nations worldwide. Some of these countries include the UK, United States, Mexico, Egypt, and Australia. The company also has operations in countries throughout Asia.

In 2008 Axa Advisors created the AXA Research Fund. This fund, with an initial endowment of €100 million, is involved in the charitable work of supporting research into threats to the environment, human life, and overall society. In its first three years ut has funded 256 basic-research projects in 22 countries.

One of AXA Advisors top executive is the Senior Executive Vice President New York branch, Vinny Parascandola. His responsibilities at the company includes such areas as management development, recruiting, sales, and productivity among others. Vinny first came to AXA Advisors as an Executive Vice President in 2005 and has been steadily promoted into higher positions ever since. For his education, he attended the Lubin School of Business at Pace University where he graduated with a degree in Computer Science.

Vinny has become a widely sought-after speaker at both company’s and conferences. He also returned to Pace University in 2014 in order to deliver the commencement speech. He has also won a number of rewards in his career including GAMA’s Career Development and Master Agency Awards. For more information on Mr. Parascandola, visit his social pages on WalletHub and Linked In.


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