AXA expands US planning operations
AXA has signed a deal with US-based accountants Grant Thornton to offer financial planning services to its business clients.
Under the deal, Grant Thornton and AXA Financial will each own 50 per cent of a new entity, called Grant Thornton Advisors.
According to US-based Financial Planning magazine, the new entity will use planners from AXA's US-based subsidiary, AXA Advisors, to provide clients with personal, estate and retirement planning services. Clients will also be provided with insurance and investment products.
Grant Thornton's primary clients are medium sized businesses - generally owner-managed and family-owned businesses
Grant Thornton Advisors' headquarters will be in the AXA Financial Centre in New York City.
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