Services
Financial Planning
Long-term financial security doesn’t happen by chance. Take control of your future with customized financial planning services.
Financial Planning
If you live for it, we’ll help you plan for it.
Our version of financial planning isn’t just a plan for your money, it’s a plan for your life. That’s because my team and I start with you—your life, your family, and your priorities. Then we tailor your unique plan from a range of financial options using multiple strategies designed specifically to help you reach your goals.
What you get with a plan from Northwestern Mutual
Financial strategies tailored to your life
You’ll have multiple strategies within your plan, built from financial options specifically selected to help you reach the goals you have for right now and later on.
A wide range of financial options
Get access to more financial options designed to reinforce each other so your plan can work its hardest for you, including investments for growth, insurance for protection, and annuities for help with income in retirement.
Your go-to financial expert to guide you
Your advisor listens to what’s important for you to do today and down the road and designs a plan, with personalized recommendations tailored to your life, to help make it happen.
The flexibility to pivot as your priorities change
When your priorities shift throughout your life, we’ll work with you to shift the strategies in your plan. So your plan stays flexible, and you stay on track to meet goal after goal.
A real-time digital plan personalized to you
You’ll see where you are today and how you’re doing over time, tracking your goals to reveal the progress you’ve made, any gaps you might have, and any opportunities we find.
The confidence to know you can live the life you’ve always wanted
Because your financial plan is based on your priorities, it’s uniquely designed to help you do the things you’ve been dreaming of. So you’ll always know you can.
Investment Strategies
Coordinated investment strategies are necessary to build an effective portfolio that meets your unique financial needs.
Investment Strategies
Your goal to achieve financial security will undoubtedly include investing for your future.
We can offer you the expertise you need to ensure your investment strategies are aligned with your goals, time horizon and tolerance for risk.
Northwestern Mutual offers investment advisory services, private client services and trust services. Within these levels of service, we may recommend that your portfolio include one or more of the following investment tools.
Signature Choice is an investment advisory program that allows your wealth management advisor to provide advice concerning asset allocation, security selection and rebalancing. Your advisor can utilize a wide range of securities including mutual funds, exchange-traded funds (ETFs) and individual equity and fixed income investments to help implement your investment strategy.
Signature Managed Accounts is an investment advisory program that utilizes third party asset management and portfolio manager selection to assist in providing you with a comprehensive investment solution.
Signature Portfolios is an investment advisory program that utilizes select mutual funds and/or exchange traded funds to construct well-diversified portfolios for your needs.
Signature Annuities is an investment advisory solution that utilizes investment options available within the NM SelectTM Variable Annuity to construct, comprehensive, well-diversified investment portfolios for your needs.
We also have access to offer you the following products and services through Northwestern Mutual Investment Services, LLC (NMIS):
- Bonds
- Cash management services
- CDs
- Money market funds
- Mutual funds
- Stocks
- Treasury bills
- UITs
Wealth Management
A personalized wealth management strategy is necessary to sustain and grow your long-term wealth, meet your financial goals and align your comfort with market risks along the way
Wealth Management
Our wealth management services go above and beyond what you might expect from a financial services provider. Northwestern Mutual Wealth Management Company offers:
Investment advisory services, designed to:
- Provide high-quality investment services and products.
- Build and monitor diversified portfolios.
- Develop objective, personalized plans.
- Focus on long-term results.
Trust services and partnerships, designed to:
- Provide continuity of stewardship that can last multiple generations.
- Preserve family harmony when carrying out your intentions.
- Carry out detailed record-keeping and accounting.
- Calculate taxes and file returns.
Northwestern Mutual Wealth Management Company serves as trustee on Irrevocable Life Insurance Trusts. In addition, through our Trust Alliance Program, we partner with nationally-recognized trust administration firms that offer a broad range of services to revocable trusts, charitable trusts, endowments and foundations.
Online access to your account, so you can review:
- Comprehensive monthly statements.
- Performance reporting.
- Account access on a secure website.
- Current account balances on your investment holdings.
- Detailed transaction records on all accounts.
Life Insurance Planning
A well-constructed life insurance policy should be a valuable part of your overall financial security plan.
Life Insurance Planning
You work hard to give your loved ones every advantage. But would your family have the financial resources to maintain its lifestyle if you died?
While nothing can replace you, a life insurance policy can help ensure that your loved ones have the financial security necessary to live out their dreams. Life insurance benefits can help:
- Pay the mortgage or any other debt.
- Maintain your family’s standard of living.
- Keep your children in their current school and fund college.
- Pay for final expenses.
- Leave a legacy.
Life insurance can also be more than a safety net. Depending on the type of life insurance, it can also be the foundation for a sound financial strategy. With permanent life insurance, for example, as you pay premiums, the policy accumulates cash value that grows tax deferred and can become a source of funding you can utilize to help meet your financial goals.*
That’s in contrast to term life insurance, which does not build cash value but is one of the more affordable types of insurance you can buy.
If you’re a business owner, offering life insurance as part of a comprehensive benefits package will help to recruit and retain valuable employees and give them the financial security they need while contributing to the success of your business.
Life insurance can also minimize the financial impact felt by the death of a key contributor to your business. Its proceeds or cash value can be used to cover the potential loss of business or recruit a successor.
*Utilizing cash value through policy loans, surrenders, or cash withdrawals will reduce the death benefit; and may necessitate greater outlay than anticipated and/or result in an unexpected taxable event.
Disability Income Planning
Don’t let an unexpected injury or illness put your financial future in jeopardy. Disability income insurance may be an option to help protect your finances should something happen to you.
Disability Income Planning
Most people understand the need for health insurance, life insurance, homeowners insurance and car insurance. But what if the unexpected happened and you suddenly weren’t able to earn a living because of illness or injury? Not only would you have the stress of meeting everyday living expenses, you might also have to put other goals, like saving for retirement, on hold.
Disability income insurance can help you protect your most valuable asset – your ability to earn an income.
If your employer offers a comprehensive package of benefits, you may have access to group disability income insurance at work. That’s a great starting point, but most group plans cover only a portion of your income. Could you survive a 40 percent cut in pay? For that reason, you may want to consider supplementing group coverage with individual disability income insurance.
If you’re a business owner, you also need to think about whether your business would be able to continue without you. Disability overhead insurance reimburses certain business expenses, and key person disability insurance helps to minimize the loss of a key contributor due to disability.
Whether you own a business or not, consider disability income insurance a fundamental layer in your plan to secure your financial future.
Long-Term Care Planning
Help minimize the financial risk of a chronic illness or a disabling injury with long-term care planning.
Long-Term Care Planning
Most people hope to enjoy a long and healthy life as long as it’s on their own terms, which likely includes the desire to live as independently as possible. But life doesn’t always happen according to plan.
An unexpected accident, illness or injury can profoundly change your life — sometimes suddenly. And if it does, you may find yourself needing help with the tasks of everyday living.
Long-term care planning may be one of the most important steps you can take to ensure the future financial security of you and your family.
Alternative Investments
For more sophisticated investors who are interested in opportunities beyond publicly traded stock and bond markets, alternative investments can play an important role in diversifying your portfolio through broader exposure.
Alternative Investments
Alternative investments can be tangible assets like precious metals, art, or wine, but are usually financial assets like private equity, private credit, hedge funds, or private real estate.
They can be a powerful tool to help achieve greater portfolio diversification, add protection in falling markets, cut down on volatility, and have the potential to generate higher yields over the long term.
Northwestern Mutual offers a variety of alternative investment products, including interval funds, hedge funds, private credit funds, private equity funds, private real estate funds, and opportunity zone funds.
However, because alternative investments tend to carry a high level of risk and low liquidity, they aren’t right for everyone. Let’s talk about if they make sense for your investment strategy.
Products and services referenced are offered and sold only by appropriately appointed and licensed entities and financial advisors and professionals. Not all products and services are available in all states and not all Northwestern Mutual financial advisors offer alternative investments.
Business Succession Planning
Make sure the business that you’ve worked hard building will continue to move forward once you’ve decided to step back.
Business Succession Planning
Whether it's a few years from now or decades away, there will come a day when you’ll want to step back from your business. Succession planning will chart a course to move your business forward after you leave. And having a plan in place can also give your business a competitive edge while you’re still calling the shots—employees, clients, and suppliers will have greater confidence in the stability of your business.
Our team of experts can help you develop a strong succession plan by helping you:
Set your goals: We start with what you want for your business and yourself after you step away. If you’re not sure what that might be, it’s ok. We’re experts in helping people discover their goals—big and small.
Build your plan: A recent survey1 found that the top concern of business owners is who will take the reins when they leave. We’ll help you identify the right successor and create a personalized plan based on what you want.
Evaluate your risk: Life is unpredictable, and everything can change overnight. We can design risk management strategies that will help account for the unexpected such as if you become disabled, pass away, or get divorced.
Value your business: Many business owners don’t understand how much their business is truly worth. We have access to proprietary technology with patented algorithms that take the guesswork out of business valuation.
Review your plan: Our advisors will be your trusted partner at every step of the process and provide you with expert advice should your personal or business goals shift today, or down the road.
1 Northwestern Mutual/Forbes Insight Survey
Charitable Giving
Now more than ever, people are putting their money where their values are. As part of your financial plan, charitable giving can help support the causes and organizations that are important to you, while maximizing tax efficiencies.
Charitable Giving
Planning for charitable giving
Now more than ever, people are putting their money where their values are. As part of your financial plan, charitable giving can help support the causes and organizations that are important to you, while maximizing tax efficiencies and defining your legacy.
There are many ways to give back. Our experienced team will work with you and your family to help identify philanthropic goals and develop your charitable giving strategy, which could include some of these options:
Cash: Transfer directly to the charity(ies) of your choice
Stock: Donate shares of stock you own
Other kinds of property: Donate items such as clothing, computers, cars, even life insurance
Donor-Advised Fund: A charitable investment account that offers flexible and efficient ways to manage donating to charities
Private Foundation: A charitable organization funded primarily by a single donor or small group of donors
Charities in your estate planning: Create a legacy of giving by including your favorite charity in your will or trust
Charitable Trusts: Transfer assets out of the estate with the goal of using them for charity
No matter if you’re just starting to craft your philanthropic vision or need help with more complex giving strategies, we have the expertise to help you make an impact.