Equitable Holdings, Inc. (NYSE:EQH) Q1 2023 Earnings Conference Call May 4, 2023 8:00 PM ET

Company Participants

Isil Muderrisoglu - Head-Investor Relations

Mark Pearson - President and Chief Executive Officer

Robin Raju - Chief Financial Officer

Nick Lane - President-Equitable Financial

Conference Call Participants

Elyse Greenspan - Wells Fargo

Jimmy Bhullar - J.P. Morgan

Thomas Gallagher - EVR

Andrew Kligerman - Credit Suisse

Suneet Kamath - Jefferies

Tracy Benguigui - Barclays

Ryan Krueger - KBW

Michael Ward - Citigroup

Operator

Thank you for standing by, and welcome to the Equitable Holdings First Quarter Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] And finally, I would like to advise all participants that this call is being recorded. Thank you.

I'd now like to welcome Isil Muderrisoglu, Head of Investor Relations, to begin the conference. Isil, over to you.

Isil Muderrisoglu

Good morning, and welcome to Equitable Holdings first quarter 2023 earnings call. Materials for today's call can be found on our website at ir.equitableholdings.com. Before we begin, I would like to note that some of the information we present today is forward-looking and subject to certain SEC rules and regulations regarding disclosure.

Our results may materially differ from those expressed in or indicated by such forward-looking statements. So, I'd like to refer you to the Safe-Harbor language on slide two of our presentation for additional information.

Joining me on today's call is Mark Pearson, President and Chief Executive Officer of Equitable Holdings; Robin Raju, our Chief Financial Officer; Nick Lane, President of Equitable Financial; and Kate Burke, AllianceBernstein's Chief Operating Officer and Chief Financial Officer.

During this call, we will be discussing certain financial measures that are not based on generally accepted accounting principles, also known as non-GAAP measures. Reconciliation of these non-GAAP measures to the most directly comparable GAAP measures and related definitions may be found on the Investor Relations portion of our website in our earnings release, slide presentation and financial supplement.

I would now like to turn the call over to Mark and Robin for their prepared remarks.

Mark Pearson

Good morning, and thank you for joining today's call. This is the first time we are presenting our results under the new LDTI accounting standard. And also this quarter, we provide additional disclosures to our new Wealth Management segment and separating our legacy VA portfolio from our core retirement business.