Milwaukee, WI (February 1, 2010) – Northwestern Mutual
has been consistently recognized as a leader in the insurance industry, but the company is quickly becoming well-known as a leading independent broker-dealer in the investment products and services
Financial services magazine Investment News is recognizing Northwestern Mutual as a top ten independent broker-dealer, based on study results published on the magazine’s Web site that examined the number of registered financial representatives and the number of registered financial representatives with significant production.
“Most investors know they shouldn’t put all their eggs in one basket,” said John Grogan, vice president - wealth management. “What they sometimes miss is that there’s more than one basket. We help our clients achieve long-term financial security not just by growing and managing their assets, but by growing, managing and protecting their assets. In today’s marketplace, clients clearly resonate with a holistic approach that integrates risk management and wealth management.”
“Today, our recruiting efforts continue at a record pace, because more people are recognizing the need for highly-trained professionals backed by a strong company,” Grogan said.
In 2009, Northwestern Mutual was ranked among the top ten independent broker-dealers, as measured by total revenues, by leading investment industry publications including Investment Advisor
magazine, Financial Planning
magazine and Financial Advisor
magazine. To learn more, visit http://www.northwesternmutual.com
About Northwestern Mutual
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company, Milwaukee, WI (founded 1857) and its subsidiaries, including Northwestern Mutual Investment Services, LLC (founded 1968) and Northwestern Mutual Wealth Management Company (founded 2001). NMIS is an introducing broker-dealer and an Investment Adviser registered with the Securities and Exchange Commission, and a member of the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation. NMWMC is a limited purposed federal savings bank. It is not a broker-dealer or insurance company and does not offer insurance products or brokerage products. Investment products and trust services are not insured by the FDIC, are not deposits or other obligations of, or guaranteed by, Northwestern Mutual Investment Services or Northwestern Mutual Wealth Management Company or their affiliates, and are subject to investment risks, including possible loss of the principal amount invested.
NMIS is the registered broker-dealer. Revenue-based rankings reported are based on the combined revenues of NMIS and NMWMC. NMWMC is not a registered broker-dealer.
Subsidiaries also include Northwestern Long Term Care Insurance Company and Russell Investments.