A subsidiary of The Northwestern Mutual Life Insurance Co.
611 E. Wisconsin Ave.
Milwaukee, WI 53202
Year founded: 1968
Year end: Dec. 31
Recruitment & Staffing
|No. of reps||—||6,015||6,014|
|No. of producing reps||—||5,750||5,770|
|No. of reps producing $100K-$499K /year||—||1,195||1,120|
|Total revenues: Other||—||$82,434,684||$79,757,600|
|Total account assets||—||$111,704,644,783||$110,467,848,958|
|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 media||Y|
|Social media sites allowed||Facebook|
|Dedicated mobile application for advisers?||Y|
|Primary purpose of mobile application||CRM|
October 12, 2017 - Tiedemann Wealth Management, a New York-based RIA with $12 billion in assets under advisement, is acquiring Threshold Group, a Seattle-based wealth-advisory firm and family office with $3.4 billion in assets under management that was founded by the Russell...
June 19, 2017 - A two-person Merrill Lynch team managing $500 million have joined Raymond James & Associates in Richmond, Va. C. Kemper Wharton and M. Todd Oney will operate as Wharton Oney of Raymond James, assisted by associates Rangeley Turner and Margaret Gray, who...
February 26, 2017 - Hit hard by an 18% drop in state funding over the past six years, Kansas State University can't even afford to teach its 65 financial planning students how to use such popular planning programs as MoneyGuidePro or Morningstar Advisor. "We're not asking...
December 27, 2016 - Technology is a necessity in the modern financial advice industry, and not staying ahead of it is essentially the same as ignoring it altogether. â€śThere is no way we will become robo advisers, but we have to create a digital experience because the amount...
September 29, 2016 - The charitable contributions of five financial advisers and two firms were honored Thursday night at the 10th annual Community Leadership Awards, presented by the Invest in Others Charitable Foundation and InvestmentNews. "It's resoundingly clear that...
September 25, 2016 - The Invest in Others Charitable Foundation and InvestmentNews have recognized the philanthropic efforts of 15 advisers and 10 financial firms, naming them as finalists for the 2016 Community Leadership Awards. The 10th annual awards will be given to five...
September 18, 2016 - Life insurance companies ranked by direct premiums Company 2015 total direct premiums ($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...
August 4, 2016 - The Invest in Others Charitable Foundation and InvestmentNewsÂ 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...
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 â€” such as persistently low interest rates and demographic trends...
June 22, 2016 - Brokers who change phone numbers and email addresses in an attempt to retain clients before leaving their firms is a regular problem that has sparked recent disciplinary action, according to the Financial Industry Regulatory Authority Inc. This month...
- 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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