Northwestern Mutual

Northwestern Mutual

A subsidiary of The Northwestern Mutual Life Insurance Co.

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611 E. Wisconsin Ave.

Milwaukee, WI 53202

(866) 664-7737

northwesternmutual.com

Year founded: 1968

Year end: Dec. 31

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Additional data available to subscribers:
  • No. of reps, male
  • No. of reps, female
  • No. of producing reps, male
  • No. of producing reps, female
  • No. of reps producing $500K+ /year
  • No. of CFPs
  • No. of full-time employees
  • No. of fee-based advisers served
  • Average payout per rep, per year
  • Avg. annual production of top 20% reps
  • Total payout, per year
  • Cost of E&O insurance per rep, per year
  • Affiliation fees charged per rep, per year
  • Affiliation fee coverage
  • Securities revenues
  • Securities revenues: Stocks
  • Securities revenues: Bonds
  • Securities revenues: ETFs
  • Securities revenues: Other
  • Mutual fund revenues
  • Annuities revenues
  • Annuities revenues: Fixed
  • Annuities revenues: Variable
  • Annuities revenues: Other
  • Insurance revenue
  • Insurance revenues: Life
  • Insurance revenues: Disabilities
  • Insurance revenues: LTC
  • Insurance revenues: Other
  • Alternative revenues
  • Alternative revenues: Hedge funds
  • Alternative revenues: Managed futures
  • Alternative revenues: Private placements
  • Alternative revenues: REITs
  • Alternative revenues: Other
  • Other commission revenues
  • Fee revenues: Rep-managed accounts
  • Fee revenues: Firm-managed accounts
  • Fee revenues: Outside-managed accounts
  • Fee revenues: Other
  • Fee-based assets: Clearing firm
  • Fee-based assets: Advisory firm platforms
  • Fee-based assets: Third-party money managers
  • Fee-based assets: Other
  • Is the firm, or an affiliate of the firm, registered as an investment adviser with the SEC?
  • Allows an adviser to have his/her own RIA
  • RIA platform AUM
  • Offers robo-advisory platform?
  • If not, when plans to offer a robo-platform
  • Robo-advice services offered
  • How robo-platform developed
  • Charge for robo-advisory services?

For More Information

CEODavid Stoeffel
Recruiting ContactPaul Shane
(414) 665-3931
E-mail

Cynthia A. Criss
(414) 665-5129
E-mail
Compliance ContactJeffrey B. Williams
(414) 665-1924
E-mail
Marketing ContactRachel Karlin
(414) 665-7378
E-mail
Technology Operations ContactDavid Harley
(414) 665-6348
E-mail

Recruitment & Staffing

2016 2015 2014
No. of reps6,0156,014
No. of producing reps5,7505,770
No. of reps producing $100K-$499K /year1,1951,120
2016 2015 2014
Total revenues$804,672,155$748,840,278
Commission revenues$282,910,891$284,472,284
Fee revenues$439,326,580$384,610,395
Total revenues: Other$82,434,684$79,757,600
2016 2015 2014
Total account assets$111,704,644,783$110,467,848,958
Fee-based assets$43,301,493,598$40,993,116,706
Total account assets: Other$68,403,151,185$69,474,732,252
Average assets per rep$18,571,013$18,368,448
Social Media & Mobile
Allows advisers to use social mediaY
Social media sites allowedFacebook
LinkedIn
Twitter
Dedicated mobile application for advisers?Y
Primary purpose of mobile applicationCRM

Merrill Lynch duo managing $500 million depart for Raymond James

June 19, 2017 - A two-person Merrill Lynch team managing $500 million have joined Raymond James & Associates in Richmond, Va. C. Kemper Wharton and M. Todd Oney will operate as Wharton Oney of Raymond James, assisted by associates Rangeley Turner and Margaret Gray, who...

College planning programs in need of financial aid

February 26, 2017 - Hit hard by an 18% drop in state funding over the past six years, Kansas State University can't even afford to teach its 65 financial planning students how to use such popular planning programs as MoneyGuidePro or Morningstar Advisor. "We're not asking...

RIAs find it easy to justify spending more on technology in 2017

December 27, 2016 - Technology is a necessity in the modern financial advice industry, and not staying ahead of it is essentially the same as ignoring it altogether. “There is no way we will become robo advisers, but we have to create a digital experience because the amount...

Applause, please: Financial advisers win Community Leadership Awards

September 29, 2016 - The charitable contributions of five financial advisers and two firms were honored Thursday night at the 10th annual Community Leadership Awards, presented by the Invest in Others Charitable Foundation and InvestmentNews. "It's resoundingly clear that...

2016 Community Leadership Awards finalists named

September 25, 2016 - The Invest in Others Charitable Foundation and InvestmentNews have recognized the philanthropic efforts of 15 advisers and 10 financial firms, naming them as finalists for the 2016 Community Leadership Awards. The 10th annual awards will be given to five...

Top 20 life insurance firms ranked by direct premiums, market share

September 18, 2016 - Life insurance companies ranked by direct premiums Company 2015 total direct premiums ($M) Market share 1 MetLife $12,530.1 8.14% 2 Northwestern Mutual $10,089.5 6.55% 3 New York Life $8,740.2 5.68% 4 Purdential of America $8,593.8 5.58% 5 Lincoln National...

Philanthropic advisers and firms named as finalists for Community Leadership Awards

August 4, 2016 - The Invest in Others Charitable Foundation and InvestmentNews have recognized the philanthropic efforts of 15 advisers and 10 financial firms, naming them as finalists for the 2016 Community Leadership Awards. The tenth annual awards will be given to...

Long-term-care insurance market sees rapid decline

July 21, 2016 - The traditional long-term-care insurance industry is in a difficult spot. Sales have dropped precipitously over the past several years, due to factors outside insurance companies' control — such as persistently low interest rates and demographic trends...

Northwestern Mutual survey shows majority of Americans not getting financial advice

June 21, 2016 - A majority of U.S. adults are not getting professional financial advice, and among those who are, almost half say their advisers don't feel like long-term partners, according to a survey released on Tuesday. The survey also revealed a lack of understanding...

Changes in reverse mortgages give advisers new tools in retirement planning

June 12, 2016 - Carolyn Dayton had achieved a major goal of many retirees. She owned her home free and clear with no monthly mortgage to erode her retirement income. But after retiring from her job as a computer business consultant more than a year ago, Ms. Dayton, 67,...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.

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