News Releases
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Jun 9, 2020U.S. adults show caution but resilience at a time of adversity - they are making proactive decisions and looking for help
Market volatility and the economic downturn prompted by the COVID-19 pandemic has spurred a significant financial response among Americans and a whirl of proactivity, according to the latest...
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May 7, 2020Ratings Agencies Highlight Balance Sheet, Business Profile and Financial Representatives
Northwestern Mutual has once again received the highest possible financial strength ratings with a stable outlook from global rating agencies AM Best (A++) and Fitch Ratings (AAA). "Our...
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May 6, 2020U.S. adults who carry debt owe an average of $26,621; and 13% expect to be in debt the rest of their lives
The latest findings from Northwestern Mutual's 2020 Planning & Progress Study reveal that among Americans who carry debt, a third (33%) of their monthly income goes toward paying it off, exclusive...
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May 5, 2020
Northwestern Mutual today announced that five financial advisors affiliated with Northwestern Mutual Wealth Management Company have been named to the 2020 edition of the Forbes Top Women Wealth...
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Apr 30, 2020Funding will support frontline workers, healthcare providers and inpatient families
To support the evolving safety needs of healthcare providers and patients, Northwestern Mutual, through its Foundation, is contributing more than $200,000 to Children's Wisconsin for COVID-19...
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Apr 16, 2020
Northwestern Mutual today announced that 21 financial advisors affiliated with Northwestern Mutual Wealth Management Company have been named to the 2020 edition of the Financial Times' 400 Top...
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Apr 8, 2020Northwestern Mutual study finds people see cash as their best financial defense against uncertainty and volatility, with stocks, bonds and life insurance in a three-way tie for second
Even before the COVID-19 outbreak led to a spike in unemployment and declines in the stock market and broader economy, 33% of Americans were already within three missed paychecks of having to...
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Mar 30, 202060-day grace period
Northwestern Mutual is committed to supporting clients that are experiencing financial challenges due to COVID-19. A 60-day grace period will be provided to any individual and group Northwestern...
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Mar 26, 2020Company provides support to Feeding America and other community nonprofits
Northwestern Mutual, through its Foundation, today announced a donation of more than $1.5 million to support its nonprofit partners nationwide in leading efforts to provide immediate relief in...
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Mar 16, 2020
Northwestern Mutual today announced that five financial advisors affiliated with Northwestern Mutual Wealth Management Company have been named to the 2020 Barron’s Top 1,200 Financial Advisors...
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Mar 4, 2020Funds to support current, future museum
Northwestern Mutual, through its Foundation, has announced a $1 million grant to the Milwaukee Public Museum, underscoring the company's commitment to investing in Milwaukee's cultural and...
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Feb 25, 2020Company Sees Record Revenue of $29.9B, Record Total Investments of $248.3B; Maintains Highest Ever Surplus and Announces Industry-Leading Dividend of $6B
Northwestern Mutual set new records with the release of its 2019 financial results announced today. The company's unsurpassed financial strength and product value are evident across all measures,...
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Feb 20, 2020
Northwestern Mutual, a leading financial security company, announced today that Aarti S. Shah, Ph.D., has been appointed to serve on the company's board. Shah is the senior vice president and...
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Feb 12, 2020Projects aimed at uncovering social issues to improve communities locally and nationally
MILWAUKEE, Feb. 12, 2020 – The Northwestern Mutual Data Science Institute has announced its first research projects that will use data science to address challenging societal issues that have a...
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Feb 11, 2020Nonprofits nationwide receive grants on behalf of Community Service Award recipients
Each year, Northwestern Mutual recognizes financial advisors who go above and beyond in giving back to local communities through its Community Service Awards program. Today, through its...
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Jan 22, 2020
Northwestern Mutual announced today the company earned a perfect score of 100 for the sixth consecutive year in the 2020 Corporate Equality Index (CEI) survey—a national benchmarking survey...
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Jan 21, 2020Company honored with top ranking in "quality of products/services" and "social responsibility"
Northwestern Mutual, a leading financial security company, announced today it has been named one of the World's Most Admired Companies in its industry according to FORTUNE's annual survey for the...
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Jan 15, 2020Northwestern Mutual's venture capital arm joins Group 11 and additional VCs and angels in extending U-Nest's total seed round to $3.5 million
U-Nest, the first-of-its-kind mobile app that makes it easier for families to save for college and other educational expenses, today announced that it has received a significant investment from...
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Dec 26, 2019Storylines reflect real client experiences and show how financial planning helps Americans choose to live the life they want now
Northwestern Mutual, a leading financial services company, is building on the success of its brand campaign "Spend Your Life Living" with new ads that showcase powerful, diverse and emotive...
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Dec 11, 2019Northwestern Mutual Study Finds People Most Comfortable Taking Financial Risks Are Those Who Work With Advisors and Consider Themselves Disciplined Planners
Americans are far from daredevils when it comes to how they manage their finances, careers, social lives and more. In fact, the latest findings from Northwestern Mutual's 2019 Planning & Progress...
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Dec 10, 2019Company announces 2019 program recipients, opens application process for 2020 submissions
Northwestern Mutual is dedicated to supporting children and families who have been impacted by childhood cancer through research funding and providing resources for survivors and their families....
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Dec 5, 2019Northwestern Mutual Marks 50 Years As Leading Provider of Individual and Group Disability Insurance
Over the past 50 years, the U.S. workplace and workforce has changed dramatically by multiple measures. According to the Bureau of Labor Statistics, these changes span gender (more women in the...
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Dec 2, 2019Nonprofit organizations receive support through employee nominations
Northwestern Mutual, through its Foundation, is recognizing Milwaukee and New York area nonprofits with grants totaling $225,000 through its Days of Sharing program. The annual program encourages...
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Nov 19, 2019
To create a more integrated and seamless experience for its clients, Northwestern Mutual is leveraging technology and innovation to help more Americans achieve financial security. Through advanced...
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Nov 13, 2019New Data from Northwestern Mutual Shows Significant Impact on Careers and Work/Life Balance for Those Providing Care for an Aging Parent or Relative
A new release of findings from Northwestern Mutual's C.A.R.E. (Costs, Accountabilities, Realities, Expectations) Study reveals the degree to which caring for a friend or loved one can shift work...
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Oct 31, 2019
Offer to Exchange Any and All of its Outstanding 6.063% Surplus Notes Due 2040 for its 3.625% Surplus Notes Due 2059 – Report of Organizational Actions Affecting Basis of Securities – Internal...
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Oct 31, 2019Continues record of annual dividend payout to policyowners every year since 1872
Northwestern Mutual announced today that its policyowners will receive an estimated $6 billion through the company's 2020 dividend payout. This is expected to both lead the insurance industry and...
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Oct 24, 2019Northwestern Mutual's Art Exhibit, Giving Gallery: Turn Your Hope Into Action, Unveils New AdditionsExpanded programming and artwork aim to encourage community involvement
Northwestern Mutual, through its Foundation, is dedicated to providing community members with opportunities to engage with and give back to local nonprofits. In 2018, the company opened its...
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Oct 17, 2019
As part of our ongoing commitment to women and diversity, Northwestern Mutual Future Ventures announced today that it will dedicate $20 million of its funding to invest in startup companies...
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Oct 16, 2019Grant funds will support children and families through The Periwinkle Foundation and Alex's Lemonade Stand Foundation
Children and families affected by childhood cancer often find themselves lacking supportive communities that understand their medical and emotional needs. To help provide this support,...
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Oct 10, 2019
Northwestern Mutual today announced that seven financial advisors affiliated with Northwestern Mutual Wealth Management Company have been named to the 2019 edition of the Financial Times' 401 Top...
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Oct 4, 2019Cross-Industry Partnership will Pursue Bold Vision to Double Tech Talent in the Milwaukee Region by 2025
Top employers throughout Southeastern Wisconsin, including Accenture, Advocate Aurora Health, Johnson Controls, Kohl's, Northwestern Mutual and Rockwell Automation today announced the formation of...
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Sep 25, 2019
Northwestern Mutual Chairman, President and CEO, John Schlifske today announced changes to the company's senior leadership designed to strengthen integrated customer experience, advance support...
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Sep 17, 2019New Report Highlights Company's "Exceptional Business and Financial Profile Strengths," Including Its "Robust and Resilient Balance Sheet"
Moody's Investors Service affirmed Northwestern Mutual's Aaa insurance financial strength rating, with a stable outlook, highlighting Northwestern Mutual's exceptional "leading position and strong...
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Sep 17, 2019Over one-third (34%) of Americans' monthly income is going toward paying off debt, and 15% say they'll be in debt for the rest of their lives
U.S. adults aged 18+ report having an average of $29,800 in personal debt, exclusive of mortgages, according to the latest findings from Northwestern Mutual's 2019 Planning & Progress Study. The...
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Sep 10, 2019Office receives $100,000 grant for childhood cancer-related organizations as part of its award
Through its Childhood Cancer Program, the Northwestern Mutual Foundation has made it part of its mission to provide patient, parent and sibling services to help families and children affected by...
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Sep 5, 2019Grants will fund mentorship, third-grade reading proficiency and high school programming
Northwestern Mutual is committed to providing the next generation of leaders with access to quality educational programs that support long-term success. The company, through its Foundation, today...
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Sep 4, 2019Simple and highly flexible, Life Plus lets advisors customize life insurance solutions that meet a broad range of individual financial planning needs
Northwestern Mutual announced the launch of its new Life Plus Series, a simplified and highly customizable life insurance offering. Building on its more than 160 years of insurance expertise, the...
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Sep 3, 2019
The Northwestern Mutual Data Science Institute has announced its university directors, Dr. Edward Blumenthal of Marquette University and Dr. Purush Papatla of the University of Wisconsin-Milwaukee...
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Aug 29, 2019
Northwestern Mutual, a leading financial security company, announced today that Randolph W. Melville has been appointed to serve on the company's board. Melville was the senior vice president and...
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Aug 28, 2019
Northwestern Mutual today announced two new senior leadership appointments within its wealth management and broker/dealer organizations: The following executives have been appointed to new roles:...
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Aug 27, 2019
Northwestern Mutual has been selected as a winner of the 2019 CIO 100 Award for its fraud detection capabilities to safeguard its clients' financial security. The annual CIO 100 awards program...
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Aug 13, 2019New Data from Northwestern Mutual Finds the Youngest Adults in America are Driven and Ambitious yet Lack Clarity When it Comes to Money
The youngest generation of American adults are goal-oriented and have the desire to be self-driven, with 81% reporting they have specific goals for the next five to 10 years, according to the...
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Aug 12, 2019
Northwestern Mutual announced today the appointment of Neal Sample to chief information officer (CIO). Sample will head the technology organization at Northwestern Mutual and be responsible for...
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Jul 22, 2019New Study from Northwestern Mutual Links Financial Stability to Overall Happiness Yet Most US Adults Say Their Planning Needs Improvement and Only 31% Work with Advisors
According to the latest findings from Northwestern Mutual's 2019 Planning & Progress Study, 92% of U.S. adults aged 18+ agree that nothing makes them happier or more confident in life than when...
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Jul 18, 2019Funding will support local organizations focused on housing, community resources and more
Northwestern Mutual, through its Foundation, is invested in building the capacity of Milwaukee neighborhoods and residents to create a stronger city. Today, the company announced nearly $1.7...
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Jul 17, 2019
Northwestern Mutual announced today the company earned a perfect score of 100 on the 2019 Disability Equality Index (DEI) survey – a national, annual benchmarking tool administered by the...
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Jul 16, 2019Integrated campaign explores behaviors around love and money and offers practical resources and tools for couples to start planning their life together
Northwestern Mutual, a leading financial services company, today released survey results in partnership with The Knot, the nation's leading wedding planning and registry app, revealing engaged and...
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Jul 11, 2019Company provides Circle of Care $50,000 grant on behalf of local office
From organizing lemonade stands to raising funds for research, Northwestern Mutual financial advisors and employees are leading efforts to achieve a future without childhood cancer. To acknowledge...
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Jul 2, 2019Company and Green Bay Packers provided children and families affected by childhood cancer with a camp retreat
Northwestern Mutual, through its Foundation's Childhood Cancer Program, is committed to providing patient and family support and helping those affected by the disease rediscover hope and...
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Jun 26, 2019
Northwestern Mutual today announced the appointment of Fawaz Rasheed to vice president – chief information security officer (CISO), where he will lead the Enterprise Information Risk &...
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Jun 20, 2019Children's Cancer Network receives $50,000 grant from company on behalf of local office
Northwestern Mutual's Childhood Cancer Program, launched in 2012, connects its employees and financial advisors nationwide with opportunities to support the fight against childhood cancer through...
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Jun 17, 2019S&P expects company to maintain its 'extremely strong competitive position' while sustaining 'extremely strong capital' and 'exceptional liquidity'
S&P Global Ratings ("S&P") affirmed Northwestern Mutual's AA+ financial strength rating, the highest rating awarded to any U.S. life insurer, in a recently released report. As noted in the report,...
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Jun 13, 2019Eight cultural attractions within the company's headquarter city will receive funding
Northwestern Mutual is committed to helping the communities it serves continue to flourish. The company, through its Foundation, today announced a total of more than $1.4 million in grants that...
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Jun 12, 2019New Research from Northwestern Mutual Finds 22% of US Adults Have Less Than $5,000 Saved for Retirement and 46% Expect to Work Past the Age of 65
Lack of savings paints a disconcerting picture about financial preparedness in America with nearly a third (30%) of U.S. adults aged 18+ within three paychecks of needing to either borrow money or...
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May 31, 2019Highest possible rating reflects 'exceptionally strong capitalization,' 'leading competitive position' and 'strong career distribution' system
Fitch Ratings has affirmed Northwestern Mutual's AAA financial strength rating, the highest possible rating from Fitch, reflecting the company's exceptionally strong capitalization, its leading...
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May 30, 2019Northwestern Mutual Future Ventures will continue to grow the company's venture investment portfolio and transform how consumers achieve financial security
Northwestern Mutual announced today it has designated $150 million to form Northwestern Mutual Future Ventures Fund II, an extension of the company's corporate venture capital fund that launched...
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May 23, 2019Families affected by childhood cancer to participate in a unique sleepover at Titletown, neighboring Lambeau Field
Northwestern Mutual announced today it will once again deliver a unique campout experience to families affected by childhood cancer. The Ultimate Campout Fighting Childhood Cancer event, hosted by the
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May 17, 2019Between 2009 and 2019, financial habits and financial security have greatly improved, but optimism hasn't budged
In 2009, Northwestern Mutual commissioned a study among U.S. adults aged 25+ to explore their attitudes and behaviors toward money and financial decision-making, as well as their opinions about...
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May 15, 2019Ratings Agency Highlights Balance Sheet, Financial Advisors and Operating Performance
Global rating agency AM Best has reaffirmed Northwestern Mutual's A++ (Superior) financial strength, the highest possible rating from the agency. The recent report detailed several key drivers for...
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Apr 23, 2019Pythonic AI selected to receive a seed investment of up to $85,000 from Northwestern Mutual's Cream City Venture Capital
Northwestern Mutual today announced that Phythonic AI, an artificial intelligence startup in the medical records space, is the winner of its second Reverse Pitch MKE event. On March 18, seven...
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Apr 18, 2019
Northwestern Mutual today announced that 20 financial advisors affiliated with Northwestern Mutual Wealth Management Company have been named to the 2019 editions of the Financial Times' 400 Top...
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Apr 15, 2019Company awarded for excellence in its digital innovation program
Northwestern Mutual has been selected as a winner of Celent's 2019 Model Insurer Award under the category of Innovation & Emerging Technologies. The annual Model Insurer Awards recognize the best...
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Apr 5, 2019Human Rights Campaign recognizes company as one of the Best Places to Work for LGBTQ Equality
Northwestern Mutual announced today the company earned a perfect score of 100 for the fifth consecutive year in the 2019 Corporate Equality Index (CEI) survey—a national benchmarking survey...
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Apr 3, 2019New Findings Reveal Only One in 10 Families Share Caregiving Responsibilities as a Team Among Siblings
For most families, caring for mom or dad as they age is not a family effort. According to new data from Northwestern Mutual's latest C.A.R.E. Study, the responsibility most likely falls on the...
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Mar 15, 2019
MILWAUKEE — March 15, 2019 — Black Enterprise, the leading business, investing and wealth-building magazine for African-Americans, has selected Kamilah Williams-Kemp, vice president of new...
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Mar 11, 2019Jason Franklin, Ph.D. brings deep technology knowledge, startup experience and venture investing expertise
Advocate Aurora Health, Foxconn, Johnson Controls, and Northwestern Mutual announced today they have selected Jason Franklin, Ph.D. to lead the $100 million Wisconn Valley Venture Fund. The...
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Mar 8, 2019Donation will strengthen MSOE's artificial intelligence research capabilities and support the growth of tech talent in Milwaukee
Northwestern Mutual today announced that it will donate $375,000 to Milwaukee School of Engineering (MSOE) to expand and augment the university's computer science program with a focus on...
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Feb 20, 2019Robust Surplus Growth and Investment Performance
Northwestern Mutual's 2018 business results reflect a strong and vibrant company known for delivering value to clients year after year. Exceptional surplus growth, an increase in operating gain...
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Feb 19, 2019Company's annual Community Service Awards provide funding to nonprofits nationwide
From connecting families with housing and food resources to providing valuable mentorship opportunities to local youth, Northwestern Mutual financial advisors are leading impactful change in their...
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Jan 30, 2019Agency Highlights Strong Financial Position, Exclusive Distribution System and Low Expenses
Fitch Ratings has once again confirmed Northwestern Mutual's financial strength at the highest possible rating of AAA rating. According to Fitch, the company has an "exceptionally strong...
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Jan 22, 2019Company honored with top ranking in financial soundness and use of corporate assets
Northwestern Mutual, a leading financial security company, announced today it has been named one of the World's Most Admired Companies in its industry according to FORTUNE magazine's annual...
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Jan 17, 2019
Northwestern Mutual, a leading financial security company, announced today it has been named one of the "Best Employers for Diversity" for 2019 by Forbes magazine. Northwestern Mutual placed #33...
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Jan 9, 2019
Northwestern Mutual has announced executive leadership appointments to advance its commitment to innovation and transformation. Alexa von Tobel, chief innovation officer, has announced she will...
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Dec 17, 201871 Milwaukee Hour of Code Events Teach Nearly 5,000 Hours of Code to K-12 Students
Northwestern Mutual and NEWaukee challenged local businesses and organizations to teach 1,000 hours of code to students during Computer Science Awareness Week (December 3-9). Twenty companies...
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Dec 14, 2018
Northwestern Mutual extends its support to families and businesses affected by the recent earthquake in Anchorage. You are welcome to contact us if you have questions about your policies or...
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Dec 12, 2018Program offers financial support for childhood cancer survivors and siblings in pursuit of higher education
Northwestern Mutual, through its Foundation, is announcing today the opening of the application process for its Childhood Cancer Survivor Scholarship program. Launched in 2017, the program...
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Dec 11, 2018Another 40% are either reluctant or nervous to confront their financial situations, willing to push planning off, frustrated with their circumstances or skeptical of the value of planning
New research from Northwestern Mutual has found that when US adults aged 18+ are asked how they feel about financial planning, the far and away No. 1 answer is, "not my favorite thing in the world...
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Dec 7, 2018
Northwestern Mutual extends its support to families and businesses affected by the recent storms. Northwestern Mutual and Northwestern Long Term Care are reinstating any individual life, DI, and...
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Dec 4, 2018Community organizations receive funding through annual Days of Sharing program
Northwestern Mutual, through its Foundation, is showcasing its employees' passion for community support through its annual Days of Sharing program. Beginning in October, company employees...
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Nov 26, 2018
Northwestern Mutual announced two new senior leadership appointments that will continue to advance the company's transformation and change the way people plan for, experience and achieve financial...
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Nov 14, 2018Company grants provide on-site interactive camp experiences to help kids be kids
Northwestern Mutual – through its Foundation – recognizes the unique experience and support that camp provides to children and families undergoing treatment for cancer. To bring the joy and...
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Nov 13, 2018Gen X Feeling the Impact More Than Others
Caregiving is a growing reality for Americans – one that comes with a significant emotional toll, according to findings from Northwestern Mutual's 2018 C.A.R.E Study. The study finds that while...
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Nov 5, 20182019 payout leads industry; expected to be the highest in company history
Northwestern Mutual announced today that its policyowners will receive an estimated $5.6 billion in dividends through the company's 2019 dividend payout. This payout is expected to lead the...
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Nov 2, 2018
Vault has announced its latest rankings for the top 50 internships in America and Northwestern Mutual continues its year over year trend of being one of America's Top 25 internships overall, and...
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Oct 26, 2018
Northwestern Mutual extends its support to families and businesses affected by Hurricane Michael. Northwestern Mutual and Northwestern Long Term Care are reinstating any individual life, DI, and...
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Oct 23, 2018Northwestern Mutual study reveals that Millennials struggle with how to manage spending now versus saving for later
Nearly one in three Millennials (29%) say financial planning makes them feel "excited and inspired," according to new data from Northwestern Mutual's 2018 Planning & Progress Study. This is more...
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Oct 16, 2018Northwestern Mutual extends its support to families and businesses affected by Hurricane Michael. You are welcome to contact us if you have questions about your policies or accounts with Northwestern Mutual due to the disruption of services resulting from Hurricane Michael.
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Oct 15, 2018Grants awarded through Alex's Lemonade Stand Foundation support young scientists making strides in developing treatments and cures for childhood cancer patients
Northwestern Mutual is committed to the fight against childhood cancer, and the company, through its Foundation, today announced the funding of four new grants to support additional research for...
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Oct 11, 2018
Northwestern Mutual, a leading financial security company, announced today that Juan C. Zarate has been appointed to serve on the company's Board of Trustees. Zarate is chairman and co-founder of...
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Oct 10, 2018Teams can earn a seed investment of up to $85,000 from Northwestern Mutual's Cream City Venture Capital
Northwestern Mutual today announced it will host its second Reverse Pitch MKE, a nationwide competition, during Startup Milwaukee Week. On November 6, company executives will pitch to...
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Oct 2, 2018Cream City Labs demonstrates company's commitment to innovation and elevating Milwaukee's profile as a tech hub
Northwestern Mutual today announced the grand opening of its innovation lab, Cream City Labs, located at the company's downtown Milwaukee headquarters. The lab is designed to advance innovation,...
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Sep 27, 2018
Northwestern Mutual today announced that seven financial advisors affiliated with Northwestern Mutual Wealth Management Company have been named to the 2018 edition of the Financial Times' 401 Top...
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Sep 26, 2018Company partners with Grace Hopper and the National Black MBA Association
Northwestern Mutual is dedicated to ensuring an inspiring, inclusive workplace in which everyone feels highly valued and actively engaged. This month, the company is a sponsor of two key diversity...
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Sep 26, 2018Funding aims to strengthen local communities, enrich education through supportive programming
Northwestern Mutual is dedicated to enhancing its headquarters in Milwaukee by providing its residents with access to quality health, educational and community resources. To further its...
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Sep 25, 2018
Americans are twice as likely to say the middle class is shrinking (45%) versus expanding (21%), according to new data from Northwestern Mutual's 2018 Planning & Progress Study. Additionally, one...
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Sep 20, 2018
Northwestern Mutual extends its support to families and businesses affected by Hurricane Florence. Northwestern Mutual and Northwestern Long Term Care are reinstating any individual life, DI, and...
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Sep 17, 2018
Northwestern Mutual extends its support to families and businesses affected by Hurricane Florence. Northwestern Mutual and Northwestern Long Term Care are reinstating any individual life, DI, and...
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Sep 13, 2018Survey of 1,000 U.S. parents reveals that nearly 80 percent feel their family would spend more quality time together at home in a space inspired by their kids
Today, Northwestern Mutual released findings from a new survey that shows nearly 80 percent of parents said the memories they cherish most with their families are the ones made right at home. And...
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Sep 12, 2018
Northwestern Mutual announced today its sponsorship of the 2018 Prospanica Conference & Career Expo, being held Sept. 12 – 14 in Milwaukee where the company is headquartered. The sponsorship is...