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Related Articles. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. Money Management: Definition and Top Money Managers by Assets Money management is the process of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group. What Is an Investment Manager? Your use of this site signifies that you accept our Terms and Conditions of Use. Primerica was founded as A. The company describes itself as a leading distributor of financial products to middle-income households. Fund Company: What it is, How it Works, Biggest Mutual Funds Fund company is a commonly used term to describe a corporation or trust who invests the pooled capital of investors in financial securities. We also reference original research from other reputable publishers where appropriate. Latest Primerica News and Updates.

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The Vanguard Group is the largest shareholder of Primerica, with approximately 4. This is an We apologize for any inconvenience this may cause you and appreciate your patience as we conduct this maintenance. PFSI maintains off-site storage arrangements for critical data as well as an off-site back-up facility that is equipped to sustain critical operations. Use limited data to select advertising. Trending Videos. As a security measure, your session will automatically be signed off in two minutes due to inactivity. Partner Links. Key Takeaways Primerica provides insurance for more than five million people and manages more than 2. The company offers actively managed equity and fixed-income strategies primarily to high-net-worth individuals and institutional clients, including endowments, foundations, corporations, public funds, and pension plans. List of Partners vendors. Article Sources. Illiquid Types A financial asset is a non-physical, liquid asset that represents—and derives its value from—a claim of ownership of an entity or contractual rights to future payments. Investing Stocks. Primerica recruits people to sell their policies by encouraging new insurance agents to sell policies to family members, friends, and co-workers and then recruiting them to join the business.