Important Investment Disclosure Information

Below are links to important investment disclosures and information to help you make informed decisions related to investing through us:

  • Download SEC Client Relationship Summary information.
    Our NMIS Customer Relationship Summary (CRS) provides you summary information about brokerage services through NMIS, and our NMWMC Customer Relationship Summary (CRS) provides you summary information about advisory services through NMWMC.

  • Download the Guide to Brokerage Services
    The Guide to Brokerage Services disclosure brochure contains important information about the scope and terms of NMIS's brokerage services, conflicts of interest in connection with our brokerage offerings, and costs and sales charges related to the accounts and products we make available. This disclosure to clients is required by SEC Regulation Best Interest and is designed to provide you material information so your decisions about using our brokerage services are fully informed when investing through us.

  • Download an Investment Advisory Program Disclosure Brochure

  • Download IRA Rollover and Distribution Options Brochure
    This brochure explains the benefits of a rollover IRA for when you are changing jobs or finally reach your goal of retirement. It compares alternative options, for example staying in your current plan or taking a cash distribution and offers an easy to understand chart comparing your options. Guide a conversation with a prospect or client who is preparing for a job change or nearing retirement about IRA options.

  • Download the Fee Schedule for brokerage accounts

  • Download Client General Account Agreement
    This agreement includes the terms and conditions applicable to your brokerage account.

  • Download information about the Northwestern Mutual FDIC Insured Deposit Program:
    Northwestern Mutual FDIC Insured Deposit Program disclosure statement, rate sheet, and bank list. The Northwestern Mutual FDIC Insured Deposit Program is the primary product in our Cash Sweep Program and will earn a daily interest rate for your uninvested assets. It's insured by the Federal Deposit Insurance Corporation (FDIC) for up to $2.5 million1,2

  • Download the FundVest® Fund Family List
    The link above provides a list of fund families participating in Pershing's FundVest® program. Brokerage accounts opened through us are held at Pershing, which is an unaffiliated company that acts as a clearing firm to execute mutual fund trades and custody certain assets for us. Pershing receives servicing fees from certain mutual fund families to participate in Pershing's mutual fund no-transaction-fee program called FundVest®. As described in the Guide to Brokerage Services, Pershing pays a portion of these fees to us which is a firm-level conflict of interest because we receive an economic benefit when a client makes investments in these mutual funds.

1In addition to the deposits insured up to $250,000 per bank held in an individual capacity, funds deposited into accounts owned jointly by two or more people are aggregated and separately insured up to $250,000 for each joint account owner, if each of the joint account owners is an individual person and has an equal right to withdraw funds from the account.

2FDIC Insured Deposit Program interest rates will fluctuate and are based on the prevailing market and the rates paid by the Program Banks participating in the program. Balances in this program are not insured by the SIPC.

No investment strategy can guarantee a profit or protect against loss. All investments carry some level of risk including the potential loss of principal invested. Financial Representatives do not give legal or tax advice. Taxpayers should seek advice based on their particular circumstances from an independent tax advisor.

Cash sweep product yields fluctuate. FDIC insured deposit programs are not covered by the SIPC. Money market funds are subject to SIPC coverage limits, but money market funds are not insured against market loss. An investment in any money market fund is not insured or guaranteed by the FDIC or any government agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.