The finance industry is one of those vital sectors in an economy. In fact, everybody regardless of the industry they work in requires financial services if they are to build any wealth for themselves. However, given the sensitivity associated with money, you just don’t take financial advice from anyone willing to offer. You have to look for experienced and highly competent individuals who will not misguide you in any way. One such person is Vincent Parascandola; the senior Executive Vice president of AXA Advisors.
Vincent or Vinny as his friends and co-workers call him joined AXA in 2004. His first position was the co-manager at the AXA New York Metro Branch. He was then promoted to the President of an AXA Equitable unit called The Advantage Group then to his current position. At this position, he is responsible for management development, retention, sales, productivity and development of financial professionals.
Parascandola is a graduate of Pace University with a Bachelor of Science Degree. This gave him a god education background for his present career. He has also had extensive work experience in the industry where he has worked for over 25 years. Parascandola has worked with several companies including Prudential and MONY life Insurance. His efforts and commitments have been recognised leading to numerous management awards among them the Master Agency and GAMA’s Career Development awards. Besides his work, Parascandola is involved in motivating and mentoring younger people who want to venture in the finance industry. For example, in 2014, he went back to his University to speak to the graduating class.
Under the leadership of Vincent Parascandola, AXA has grown into one of the world’s largest Insurance firms. In 2011, it was the second most powerful transnational corporation in regards to corporate control and ownership. 2016 was a great year for AXA. It was named the first insurance brand worldwide for the 8th time. It also experienced a 14% growth in value and joined the top 3 global financial services.
AXA is a multinational insurance firm based in Paris. It was founded in 1816 as the Ancienne Mutuelle. It was named AXA in 1982 after the acquisition of Drouot Group. AXA operates in North America, Africa, Asia, Western Europe and the Middle East. It mainly deals in financial advice, life insurance, employment benefits and retirement plans.