Northwestern Mutual has topped all other service companies in Selling Power magazine's annual "The 50 Best Companies to Sell For" ranking, leading the 2007 list published in the most recent November/December issue. The distinction marks the first time the company has ranked number one in the service category and the fifth consecutive year the company has been recognized in the magazine's rankings.
"As a company that knows the value of an excellent sales force, this recognition means a great deal to us," says Bill Beckley, CLU, ChFC, MSFS, executive vice president at Northwestern Mutual. "Anyone thinking of starting their career with the Northwestern Mutual Financial Network should know that we invest a great deal in the training and development of all of our financial representatives. It is their growth that fuels our company, and their expertise that enables us to deliver financial security to our clients."
In addition to ranking number one, Selling Power ranked Northwestern Mutual as the fourth largest sales force in the service category. The company is represented by over 7,000 financial representatives, operating in Northwestern Mutual Financial Network Offices throughout the country. These individuals have the exclusive right to represent and distribute the insurance and investment products and services of Northwestern Mutual - "America's Most Admired" company in the life and health industry according to a FORTUNE magazine survey for the past 24 years, and its affiliates. Together, the company and its representatives assist clients in achieving their goal of financial security.
The leading sales force publication, Selling Power, annually ranks the best U.S. companies with sales forces of 500 or more. The magazine looks at starting salaries, benefit packages, sales-related training programs, and propensity of turnover and advancement opportunities in order to make this ranking. The resulting ranking scores each company according to these criteria and identifies the "25 Best Manufacturing Companies" and the "25 Best Service Companies" with the most to offer sales people.
The Northwestern Mutual Life Insurance Company, Milwaukee, WI, a FORTUNE 500 company with over $1 trillion of life insurance protection in force, has been serving the financial needs of its policyowners and clients for 150 years. The company maintains the best possible ratings for insurance financial strength from all four major rating agencies: Standard & Poor's, Fitch Ratings, A. M. Best and Moody's.
Through the Northwestern Mutual Financial Network, the marketing name for the company's nationwide sales distribution arm, the company and its affiliates deliver a unique approach to combining insurance and investment solutions to help clients achieve financial security. These solutions include life insurance, long-term care insurance, disability insurance, annuities, mutual funds, investment advisory services and employee benefit services. Northwestern Mutual's subsidiaries and affiliates include Northwestern Mutual Investment Services, LLC, a wholly owned company of Northwestern Mutual, broker-dealer, registered investment adviser, and member of FINRA and SIPC; Northwestern Mutual Wealth Management Company, a wholly owned company of Northwestern Mutual and limited purpose federal savings bank; Northwestern Long Term Care Insurance Company; and the Russell Investment Group. Further information on Northwestern Mutual, its subsidiaries and affiliates can be found at: www.nmfn.com.
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SOURCE: Northwestern Mutual
CONTACT: Jean Towell of Northwestern Mutual, 1-800-323-7033, or
Web site: http://www.northwesternmutual.com/