Northwestern Mutual Investment Services
A subsidiary of The Northwestern Mutual Life Insurance Co.
611 E. Wisconsin Ave.
Milwaukee, WI 53202
Year founded: 1968
Year end: Dec. 31
For More Information
|Top Executive||Christian Mitchell|
|Recruiting Contact||Paul Shane|
Cynthia A. Criss
|Compliance Contact||Jeffrey B. Williams|
|Marketing Contact||Rachel Karlin|
|Technology Operations Contact||David Harley|
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|
November 27, 2017 - A three-adviser team formerly with Wells Fargo Advisors in Brentwood, Tenn., has formed the Williams Hunter Wealth Group and affiliated with the independent unit of Raymond James, according to a press release. The registered representatives â€” Alan E....
November 17, 2017 - The Financial Industry Regulatory Authority Inc. has barred Robert H. Hoffmann, a former broker with Woodbury Financial Services, for failing to take part in an investigation looking into his trading recommendations. In October, Finra staff sent a request...
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.
Purchase the complete set of our independent broker-dealer data and profiles in an Excel spreadsheet.
For comments or suggestions about the Adviser Center, please contact us.
Disclaimer: All data and information is the property of InvestmentNews and is protected by copyright and other intellectual property laws. All rights are reserved by InvestmentNews. The data may only be used for internal business use such as to develop a mailing list but the data may not be resold, republished, redistributed, sublicensed or publicly displayed on a web site without the permission of InvestmentNews. All information contained within was obtained through InvestmentNews' annual independent B-D surveys.
We are at the "knee in the curve" of a transformation of the financial advice industry, according to Ric Edelman. But what's next and how will it shape your practice of the future?
Latest news & opinion
With equities at record levels, financial advisers are confronted with realities of greed and fear.
SEC, Finra targeting high-fee share classes, 12b-1 fees and failure to give sales load discounts and waivers to investors.
Taxpayers will be able to deduct state income taxes or state sales taxes in addition to property levies — up to a $10,000 cap.
Insurers are using 'hybrid' indices as a way to differentiate themselves, but critics contend the products are less transparent, more confusing and don't add financial benefit.
They say rule didn't go far enough and more stringent measures may be necessary.