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|
June 19, 2017 - A two-person Merrill Lynch team managing $500 million have joined Raymond James & Associates in Richmond, Va. C. Kemper Wharton and M. Todd Oney will operate as Wharton Oney of Raymond James, assisted by associates Rangeley Turner and Margaret Gray, who...
December 27, 2016 - Technology is a necessity in the modern financial advice industry, and not staying ahead of it is essentially the same as ignoring it altogether. â€śThere is no way we will become robo advisers, but we have to create a digital experience because the amount...
September 29, 2016 - The charitable contributions of five financial advisers and two firms were honored Thursday night at the 10th annual Community Leadership Awards, presented by the Invest in Others Charitable Foundation and InvestmentNews. "It's resoundingly clear that...
September 25, 2016 - The Invest in Others Charitable Foundation and InvestmentNews have recognized the philanthropic efforts of 15 advisers and 10 financial firms, naming them as finalists for the 2016 Community Leadership Awards. The 10th annual awards will be given to five...
September 18, 2016 - Life insurance companies ranked by direct premiums Company 2015 total direct premiums ($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...
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...
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,...
- 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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