Brighthouse Financial (NASDAQ:BHFAP) is a U.S.-based provider of retirement and protection solutions, formed in August 2017 as a spin-off from MetLife, Inc. Headquartered in Charlotte, North Carolina, the company focuses on helping individuals and families secure their financial futures through a range of insurance and annuity products. Since its inception, Brighthouse Financial has operated independently, building its own brand and capabilities in the quickly evolving retirement-services market.
The company’s core business centers on the design, manufacture and distribution of fixed annuities, fixed indexed annuities and other guaranteed retirement-income products. In addition to annuities, Brighthouse offers a suite of life insurance solutions, including term and universal life policies. These products are distributed primarily through a network of independent financial advisors, broker-dealers and retirement plan consultants across the United States. By focusing on guaranteed-income features and risk mitigation, Brighthouse aims to address the needs of retirees and pre-retirees seeking predictable cash flow and principal protection.
Brighthouse Financial serves clients in all 50 states and maintains relationships with both individual retail investors and institutional partners. The company’s approach combines product innovation—such as index-linked benefit riders—with rigorous risk management practices overseen by experienced actuarial and investment teams. Brighthouse has also invested in technology and digital platforms to streamline policy administration and enhance the customer experience.
Since its launch, Brighthouse Financial has been led by President and Chief Executive Officer Eric Steigerwalt, who previously held senior roles in insurance and asset management. Under his leadership, the firm has focused on building a scalable organization, strengthening its capital position and expanding its distribution footprint. Guided by a board of directors with deep industry expertise, Brighthouse continues to refine its product portfolio and service model to meet the long-term needs of its policyholders.
