Prudential Study Finds Asian Americans’ Financial Experience Most Influenced by Family

NEWARK, N.J.–(BUSINESS WIRE)–Prudential Financial (NYSE:PRU) on August 25 will release findings from
one of the largest-ever surveys of the financial experience and
behaviors among Asian Americans and Pacific Islanders.

Among the report’s highlights:

  • The Asian American financial experience is influenced in almost every
    aspect by the importance of family
  • There are notable differences between various Asian American subgroups
    surveyed (e.g., Chinese Americans, Filipino Americans, Indian
    Americans) in areas such as levels of income, types of debt and
    ownership of financial products
  • While Asian Americans surveyed plan to retire more than a year earlier
    compared to the national average, 69% respondents view themselves as
    not well prepared to make financial decisions and very few actually
    consult financial professionals

Please join us at a media briefing to review the findings of the
Prudential study, and hear more insights from a panel discussion
moderated by Betty Liu, Anchor, Bloomberg Television. The
panelists will include:

  • Sri Reddy, Senior Vice President, Prudential Retirement
  • Hurong Lou, Financial Advisor, Prudential Advisors
  • Smriti Sinha, Vice President, Prudential Individual Life Insurance
 
WHAT: Release of Prudential’s 2016 Asian American Financial Experience
 
WHEN: 10:30 a.m. ET, Thursday, August 25, 2016
 
WHERE: The Asia Society
725 Park Avenue (at 70th Street), New York, NY 10021
Rose Conference Hall, 8th Floor
 

Contacts

MEDIA:
Linda Fung, (973) 802-7373
linda.fung@prudential.com