News Releases

Northwestern Mutual Capital (NMC), which manages approximately $19 billion of private equity-related assets, today announced it has closed on fundraising for its Northwestern Mutual Capital Equity...

As retirement looms, the majority of Gen X Americans say their retirement nest egg is just three times their annual salary or less While nearly two-thirds of Gen X says it's likely or highly...

Series highlights the often surprising and deeply personal world of money and finances among professional athletes, with the first two episodes featuring Brice Turang and Sal Frelick of the...

For Policyowners residing in Tennessee: Please contact us if you have suffered property damage, injuries, or loss of life because of the catastrophic events, or if you have experienced disruption...

Worried About Wealth: Gen X women report higher levels of financial anxiety about retirement preparedness "Generation Zeal:" Gen Z women plan to retire nine years before Boomer women and pay off...

Payout is expected to be the industry's largest and more than triple the size of Northwestern Mutual's nearest competitor Company's legacy of returning value to policyowners stretches back more...

Jeb Bentley to succeed Jeff Lueken as Chief Investment Officer and Kelly Culler to succeed Don Robertson as Chief Human Resources Officer effective January 1, 2025 MILWAUKEE, Sept. 26, 2024...

Eight-episode podcast launches as part of new marketing campaign and refreshed brand identity for the company, centered around the better conversations Northwestern Mutual's 7.5K+ advisors and...

Mayor Cavalier Johnson declares Sept. 4 as "goldeNMoments Day" in the city of Milwaukee MILWAUKEE, Sept. 4, 2024 /PRNewswire/ -- Receiving a cancer diagnosis is unimaginable, but a reality for...

What's it like to feel like a million bucks? Millionaires indicate it's less about believing you're rich and more about having confidence and clarity about the future. Nearly 80% of American...

The company has invested more than $67 million to advance quality of education in Milwaukee MILWAUKEE, Aug. 19, 2024 /PRNewswire/ -- Northwestern Mutual, through its Foundation, is furthering its...

Northwestern Mutual leads the financial services industry with the most CERTIFIED FINANCIAL PLANNER™ professionals, according to a new ranking announced by Financial Planning. This is the second...

Forty-five Northwestern Mutual advisors have earned a spot on Forbes' 2024 list of America's top up-and-coming wealth professionals. A national list, the publication's annual "Top Next-Gen Wealth...

Estate Expectations: A considerable gap exists between what Gen Z and Millennials expect in the way of an inheritance and what their parents are actually planning to do Banking on a Benefactor:...

Northwestern Mutual announced today that the company earned its sixth consecutive top-score on the Disability Equality Index®. The recognition is a comprehensive benchmarking tool designed to...

Northwestern Mutual announced today that 650 of its financial advisors earned a spot on Forbes' Top Financial Security Professionals and Best-in-State lists – the company's largest-ever showing...

Ready to Retire: 75% of those who work with an advisor say they will be financially prepared for retirement versus 45% of people without an advisor Free from Anxiety: 64% of Americans with an...

New leadership alignment moves focus on accountabilities for strategy, technology and digital, sales enablement, and wealth platform to position the company for the future MILWAUKEE, June 13, 2024...

As part of its larger commitment to providing access to quality education to all Milwaukee students, Northwestern Mutual awards nine students its 2024 Hometown HBCU Connection Scholarship...

Meanwhile, Gen X and Boomers+ are skeptical about "DIY GenAI" for financial planning Americans are most excited about AI's advanced data analysis to potentially help financial advisors improve...

For Policyowners residing in Arkansas: Northwestern Mutual extends its support to families and businesses affected by the severe weather and tornadoes in Arkansas. The Arkansas Insurance...

2 in 3 parents who are helping their kids cover college costs expect their children to pay for part of the educational expenses; 1 in 3 say the parents will pay for it all Cost of College:...

For Policyowners residing in Maryland: Affected Maryland policyowners can contact us at (866) 950-4644 to request premium relief if they are having difficulties meeting premium payments as a...

Northwestern Mutual's wealth management business continues to be recognized as one of the country's premier independent broker-dealers, being awarded another industry honor this month. Financial...

Northwestern Mutual, a leading financial services company, today announced the release of its 2023 Sustainability and Social Impact Report: A Better Tomorrow. The report shares details on the...

Northwestern Mutual today announced that 195 of its advisors have been recognized on the Forbes Top Wealth Advisors and Best-in-State lists, affirming their position as leading experts in the...

People's 'magic number' for retirement rises faster than inflation, jumping 15% in just a year and a whopping 53% since 2020; while retirement savings falls to $88K The 'Silver Tsunami' is here:...

Northwestern Mutual announced today that 18 of its financial advisors earned a spot on the annual Barron's Top 1,200 Financial Advisors list of the nation's top wealth managers. This prestigious...

Northwestern Mutual's 2024 Planning & Progress Study finds just over half of U.S. adults expect recession this year, a significant drop from two-thirds who said the same in 2023 One-third (33%) of...

Company reports historic growth in its field force of financial advisors, its highest-ever dividend, strong investment performance, exceptional financial strength, and rapid expansion of its...

Northwestern Mutual announced today that 11 of its exceptional advisors have been recognized on the prestigious Forbes Top Women Wealth Advisors Best-in-State list for 2024. This accomplishment...

John Roberts to succeed Tim Gerend in key responsibilities as Executive Vice President and Chief Distribution Officer effective February 1, 2024 MILWAUKEE, Feb. 1, 2024 /PRNewswire/ --...

FORTUNE honors company with strong rankings in social responsibility, quality of management, financial soundness and quality of products and services based on annual survey MILWAUKEE, Jan. 31,...

Schlifske's 14-year tenure as CEO defined by historic business performance, bold client experience transformation, unsurpassed financial strength, exceptional product value, and meaningful...

Northwestern Mutual today announced that 40 of the company's advisory practices from across the country have earned a spot on Forbes' highly coveted Best-in-State lists of Top Wealth Management...

Northwestern Mutual extends its support to families and businesses affected by the tornadoes in Tennessee. Northwestern Mutual and Northwestern Long Term Care are reinstating any Life, DI, and LTC...

Company awards scholarships to 50 students nationwide for the 2023-24 academic year; now totaling nearly $2 million in scholarships awarded to date The 2024 scholarship application is officially...

Northwestern Mutual announced today that the company earned a 100% for the ninth consecutive year in the Human Rights Campaign Foundation's (HRC) Corporate Equality Index – a national...

As couples prepare holiday marriage proposals, Northwestern Mutual study finds 1 in 3 Americans believe serious discussions about financial dreams – and debt – should happen in the early...

Younger investors can now more easily begin relationships with financial advisors MILWAUKEE, Nov. 30, 2023 /PRNewswire/ -- Northwestern Mutual announced the expansion of its professionally managed...

Gen Z trusts family members and advisors – and not "FinTok" influencers – for financial advice Millennials want to talk to parents about wills, life insurance, inheritance and long-term care...

Additional investment provides access to capital and sustainable neighborhoods across the country Company is encouraging actionable plans and measurable change by hosting hundreds of business...

Gen Z and Millennial women more optimistic than older generations about the future and most likely to say their financial planning needs improvement Nearly 2 in 3 Gen X women don't believe Social...

New cohort is part of Northwestern Mutual Future Ventures' $20 Million allocation to support Black founders MILWAUKEE, Oct. 9, 2023 /PRNewswire/ -- Furthering its commitment to championing...

Company leadership, elected officials, business and community leaders celebrate the next step in $500M investment since announcing the project earlier this year MILWAUKEE, Oct. 3, 2023...

Northwestern Mutual announced today that it will continue its longstanding tradition of awarding its policyowners a record-setting and industry-leading annual dividend – a sum expected to reach...

All four major ratings agencies recognize Northwestern Mutual as industry standout MILWAUKEE, Sept. 21, 2023 /PRNewswire/ -- For more than 165 years, Northwestern Mutual's superior financial...

Northwestern Mutual Becomes First-Ever Jersey Patch Partner of the Milwaukee Brewers Northwestern Mutual Patch Debuts Tonight When the Crew Takes on the Washington Nationals at 7:10 p.m. CT MILWAUKEE,

Company announces additional major investments toward cancer research and scholarships and enacts local activations MILWAUKEE, Sept. 14, 2023 /PRNewswire/ -- Every day, more than 1,000 children...

Northwestern Mutual, a leading financial security company, announced today that Anne F. Ackerley and Andrew J. Harmening have been appointed to serve on its Board of Trustees. As a mutual company...

Wealthy people value professional help and trust financial advisors, with 70% working with a financial advisor – nearly double the amount of the general population Wealthy Americans are...

MILWAUKEE, Wisc., Aug. 22, 2023 – Northwestern Mutual has long been committed to investing in high-quality education to help close the opportunity gap for Milwaukee-area students. Over the last...

Northwestern Mutual's 2023 Planning & Progress Study finds Americans feel stronger about their friendships, mental health, physical health and job stability than they do about their finances An...

Northwestern Mutual is celebrating its 39 financial advisors honored on this year's Forbes' Top Next Gen Wealth Advisors Best-in-State list. The accolade recognizes the top advisors across the...

Nine students in Milwaukee awarded Northwestern Mutual inaugural HBCU Connection scholarship to further their education at historically black colleges and universities 100 students will be awarded...

Northwestern Mutual Data Science Institute champions southeastern Wisconsin as national hub for technology research, innovation and talent MILWAUKEE, Aug. 1, 2023 /PRNewswire/ -- Northwestern Mutual,

Northwestern Mutual announced today that an industry-leading 489 of its advisors earned a spot on Forbes' annual lists of top financial security professionals – the company's strongest showing...

NMC and DWS secure $500 million for the Four Columns Junior Capital Fund VI MILWAUKEE, July 25, 2023 /PRNewswire/ -- Northwestern Mutual Capital and DWS Group have secured $500 million in...

The company has donated more than $30 million to Alex's Lemonade Stand Foundation to accelerate the search for better treatments and cures MILWAUKEE, July 24, 2023 /PRNewswire/ -- Northwestern...

Northwestern Mutual's Planning & Progress Study reveals Americans with an advisor are much more confident about their financial future, yet only 37% work with one Advisors are Americans' most...

Northwestern Mutual announced today that the company earned its fifth consecutive perfect score on the Disability Equality Index (DEI), a comprehensive benchmarking tool that helps companies build...

Company committed to providing employment, growth opportunities to residents and small businesses as the company invests over $500M in a new office tower MILWAUKEE, July 11, 2023 /PRNewswire/ --...

Overall average is $8,000 lower than it was in 2019, but 35% of Americans say they're carrying close to or at their highest level of debt ever while 43% say their debt is close to or at a historic low

An unwavering commitment to respect and inclusion is core to Northwestern Mutual's culture – a quality that earned the company acclaim from one of the nation's premier news outlets for Black and...

High-net-worth individuals expect to need $3 million to retire Gen Z aims to retire at age 60 – and expects to live to age 100 Expected retirement age climbs significantly in two years to 65...

The company and its local partners are helping Milwaukee residents secure financial stability through affordable housing efforts MILWAUKEE, June 20, 2023 /PRNewswire/ -- Despite gains in education...

Grants will support Milwaukee Public Museum, Discovery World, Betty Brinn Children's Museum and more MILWAUKEE, May 23, 2023 /PRNewswire/ -- Today, leading financial services company Northwestern...

Northwestern Mutual's 2023 Planning & Progress Study finds U.S. adults have on average $65K in personal savings – nearly a 5% increase over last year Consumers are also cutting costs and...

With another prestigious industry recognition, Northwestern Mutual continues to reaffirm its status as a top-tier provider of wealth management strategies. Northwestern Mutual announced today it...

Now in its third year, company initiative provides $100K, mentorship and resources to support qualifying high-potential Black entrepreneurs MILWAUKEE, May 4, 2023 /PRNewswire/ -- Northwestern...

Northwestern Mutual, a leading financial services company, announced that it was selected by Forbes as one of America's Best Employers for Diversity for the seventh year in a row. This honor –...

Northwestern Mutual extends its support to families and businesses affected by the severe weather and tornadoes in Arkansas. The Arkansas Insurance Department has directed insurance carriers to...

Northwestern Mutual extends its support to families and businesses affected by the tornadoes in Tennessee. Northwestern Mutual and Northwestern Long Term Care are reinstating any Life, DI, and LTC...

Northwestern Mutual's wealth management business continued its ascension with another prominent third-party recognition announced this week. Financial Advisor magazine, a leading trade publication...

Northwestern Mutual today celebrated more than 130 of its advisors – a company record – who earned a ranking on Forbes' Top Wealth Advisors "Best-In-State" list. "In this time of bank sector...

John Grogan to retire after 31 distinguished years of service, Kamilah Williams-Kemp to succeed as Chief Insurance Officer effective July 1, 2023 MILWAUKEE, March 22, 2023 /PRNewswire/ --...

Northwestern Mutual, a leading financial services company, announced today that it was selected by Forbes as one of America's Best Large Employers. This honor – the latest in a series of awards...

One of the country's premier financial news publications has named 11 Northwestern Mutual-affiliated advisors – to its list of the nation's top wealth professionals. "Northwestern Mutual's...

From Pinning to Planning brings vision boards, inspiration and financial planning together MILWAUKEE, March 13, 2023 /PRNewswire/ -- Today, Northwestern Mutual announced a unique collaboration...

Record revenue and surplus, strong gains across insurance and wealth businesses, highly productive advisor force, and transformational investments in client experience accelerate company's performance

Company recognizes its financial advisors' unwavering dedication to volunteerism MILWAUKEE, Feb. 16, 2023 /PRNewswire/ -- Celebrating the philanthropic work of its financial advisors, Northwestern...

Northwestern Mutual today announced the appointment of David Gordon to the role of Chief Technology Officer. In his role, Gordon will oversee all software development for the company's customer...

New report details company's environmental, social and governance practices and progress MILWAUKEE, Feb. 8, 2023 /PRNewswire/ -- Northwestern Mutual, a leading financial services company, today...

Northwestern Mutual announced that nine financial advisors affiliated with the Northwestern Mutual Wealth Management Company have been named to the 2023 Forbes Top Women Wealth Advisors...

Investment in North Office Building to bring downtown campus capacity to 9,000 and serve as expanded hub for employees, financial representatives, and business and community partners MILWAUKEE,...

Company awards scholarships to 50 students nationwide; applications now open for the 2023 program MILWAUKEE, Jan. 10, 2023 /PRNewswire/ -- Northwestern Mutual today announced the recipients of its...

Northwestern Mutual study shines light on the financial habits and instincts of Generation Z MILWAUKEE, Dec. 19, 2022 /PRNewswire/ -- The nation's youngest adults are taking significant steps to...

Northwestern Mutual Chairman, President and CEO John Schlifske today announced leadership changes to strengthen the company's senior leadership team, support the company strategy, and ensure...

Only company to offer True Own Occupation and Medical True Own Occupation optional definitions of total disability Northwestern Mutual has paid dividends to participating disability income...

Company contributes $1.5 million to Milwaukee Repertory Theater's Powering Milwaukee Campaign MILWAUKEE, Nov. 29, 2022 /PRNewswire/ -- Northwestern Mutual is committed to helping the company's...

HGTV star Mina Starsiak Hawk collaborates on latest bedroom reveal for a child in her hometown MILWAUKEE, Nov. 17, 2022 /PRNewswire/ -- In recognition of its Childhood Cancer Program's 10-year...

Northwestern Mutual announced today the company will host its third annual Women in Tech Conference virtually on Thursday, December 1. Admission is free and open to all women in technology, along...

Annual life insurance payout is close to triple the size of its nearest competitor MILWAUKEE, Oct. 26, 2022 /PRNewswire/ -- Northwestern Mutual will once again break its own industry-leading...

Figure represents a 20% jump over last year Anticipated retirement age climbs from 62.6 to 64 years old MILWAUKEE, Oct. 25, 2022 /PRNewswire/ -- The latest findings from Northwestern Mutual's 2022...

Funding will advance the company's long-term goal of closing the opportunity gap in Milwaukee's schools MILWAUKEE, Wis., Oct. 11, 2022 /PRNewswire/ -- As part of its long-term commitment to...

Company's Black Founder Accelerator Program expands to 20 businesses nationwide with the addition of five promising tech startups MILWAUKEE, Sept. 27, 2022 /PRNewswire/ -- Northwestern Mutual, in...

U.S. adults who carry personal debt held an average of $22,354 exclusive of mortgages at the start of the year, when inflation was already on the rise but before the latest spikes MILWAUKEE, Sept....

Milwaukee eight-year-old surprised with newly designed bedroom inspired by her love for the outdoors MILWAUKEE, Sept. 14, 2022 /PRNewswire/ -- In recognition of its Childhood Cancer Program's...

Innovative offering provides guaranteed premiums and the opportunity to build long-term policy value through annual dividends MILWAUKEE, Sept. 13, 2022 /PRNewswire/ -- Northwestern Mutual...

Reinforced by national survey findings, campaign spotlights cultural awakening and the need for personalized financial planning; coincides with new CMO appointment MILWAUKEE, Sept. 8, 2022 /PRNewswire