SAN DIEGO COUNTY TO BE SITE OF NEW PROFESSIONAL TRAINING CENTER FOR PRUDENTIAL SECURITIES
SAN DIEGO COUNTY TO BE SITE OF NEW PROFESSIONAL TRAINING CENTER
FOR PRUDENTIAL SECURITIES
SAN DIEGO, Jan. 22 /PRNewswire/ -- Prudential Securities will open a new professional training center this April at La Jolla Centre II, 9255 Towne Centre Drive, San Diego, Calif., 92112, it was announced today by George A. Murray, president of Prudential Securities' Retail Group. The San Diego facility will complement an existing training facility at Prudential Securities headquarters in New York.
"Over the next few years, we will greatly increase both the number and the scope of our professional training and development programs," Murray noted. "To keep pace with our agenda, we will need to increase our training facilities."
"During our nationwide search for a suitable location, we concluded that this San Diego site is an ideal location: the facility is equipped with a spacious and contemporary conference center, it is in close proximity to several hotels and shopping centers, and it is within 15 minutes of the airport. Additionally, the new facility is centrally located to the firm's branches in Orange, Los Angeles and Riverside Counties," Murray said.
The Prudential Securities complex will house state-of-the-art facilities to train new financial advisors and to provide advanced career development programs for experienced financial advisors and branch managers. "We anticipate that upwards of 300 professionals will attend courses here each year," explained the Retail Group's president.
Prudential Securities has signed a 10-year lease with Radnor/Oliver McMillan of La Jolla Centre Partnership and will occupy 20,000 square feet of the building.
At Prudential Securities, the financial advisor training program consists of five months in a branch office, followed by four weeks at a training center, and four days at a training center every six months for the next two and one-half years.
Prudential Securities has had a presence in the Greater San Diego area for almost two decades. The San Diego branch was opened in 1974, followed by the La Jolla branch in 1976, Rancho Bernardo branch in 1983 and La Costa in 1986.
Prudential Securities Incorporated is a worldwide investment and brokerage firm. Headquartered at One Seaport Plaza, New York City, the firm has more than 300 branches in the Unites States and overseas. Prudential Securities is a subsidiary of The Prudential Insurance Company of America.
/CONTACT: James D. Daniels of Prudential Securities, 212-214-3957, or at night, 718-852-7812/ CO: Prudential Securities ST: New York IN: FIN SU:
TS-FC -- NY019 -- 2135 01/22/92 09:52 EST