When you plan with us, you’ll have an experienced advisor leading a dedicated team with a diverse range of financial expertise. Our plans are tailored to you from a wide range of financial options and strategies designed to help you achieve the goals you have now, and later on.

We will also work closely with any other financial relationships you have—streamlining things for you and giving you a trusted point person to oversee all aspects of your wealth management.

We believe that the strongest financial plan begins with the priorities you have for your life. That’s why we start by understanding your values, goals, and where you stand financially today before making any recommendations.

Our comprehensive approach will help you and your family enjoy your wealth for generations. When you work with our financial advisors, you can be confident that you’ll have:

• Someone who’ll listen to you, identify with your situation, and understand what you want to accomplish
• A partner who can help see blind spots others can’t or haven’t considered
• An expert in advanced investment and risk management strategies
• A trusted specialist who can create a flexible financial strategy that will help leverage opportunities for your life now, and down the road

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.

When your financial plan has wealth protection and risk management built in, you and your loved ones can worry less and live more.

When you work with us, we start with you, your family, and your priorities. You’ll have access to a range of financial options designed to reinforce each other so your financial plan can work its hardest to help you reach the goals you have for right now, and later on.

Together, we'll develop strategies that:

Give you more financial flexibility throughout your life

Our life insurance can be designed to fit whatever you need. It could provide protection, a cash accumulation, or help you leave a legacy. We have access to high-quality life insurance products, including permanent, term, combination, and variable policies.

Keep your goals on track if you’re unable to work

Your ability to earn a living is likely the most important financial asset you have. With disability income planning you can help protect your earning power and keep your goals on track if an unexpected injury or illness prevents you from working. Depending on the type of job or career you have (or business you own), we have options.

Get the right long-term care for you and your loved ones

Having a long-term care plan in place can give you (or a loved one) choice and control over where and how to receive care should it be needed. Plus, a plan will let your loved ones know your wishes and lessen the burden of the physical and emotional strains that can come with the need for long-term care.

Someday, you or a loved one could need ongoing help with day-to-day tasks like bathing, eating, or getting dressed. The cost of care is often underestimated and may not be covered by health insurance or Medicare. Long-term care planning can help you manage the assets that you’ve worked so hard for, so your family can focus on offering love and support.

Your business reflects you, so it takes personalized business planning to help you grow and protect the value you’ve built in your business.

Whether you’re thinking about setting out on your own or looking to expand your existing business, we can help you plan for success. From protecting against risk and managing growth to attracting and retaining top talent, we’re ready to help you at every stage.

We’ll work with you to develop a tailored plan with financial solutions designed to fit the unique needs of your business, and your life, with advanced strategies to:

• Integrate the important aspects of financial planning for your business and your personal life to help ensure success on both fronts
• Minimize risk by being prepared for the unexpected
• Safeguard your business with coverage to help offset the loss of cash flow if you become sick or hurt
• Recruit and retain high-performing employees with competitive benefits programs
• Enhance your benefits programs to reward employees who are key to the success of your business
• Transition your business smoothly with a properly designed and funded business succession plan

Give your business a competitive edge with a strong benefits package. Our team will work with you to design a competitive suite of benefits that will help attract and retain top talent.

Employee benefits are an important part of the growth of your business. With the right planning, you can compete for, and win, the talent you need to contribute to the success of your business.

Our team can help you design a quality, affordable benefit package that would be available to all employees and can include options such as:

• Group health insurance*
• Group life insurance
• Group disability income planning
• Group dental insurance*
• Group vision insurance*
• Group long-term care planning
• Flexible spending accounts
• Qualified retirement plans such as SEP IRA or 401(k) plans

 

* Group health insurance benefits, group dental insurance, and group vision insurance are offered through an independently owned and operated company which offers access to comprehensive employee benefit services and is not affiliated with, nor a subsidiary of The Northwestern Mutual Life Insurance Company.

Planning for executives and key employees

As a business owner, it’s essential to reward your key employees and executives. The right benefits can make a big difference in attracting key executives who will contribute to your company's growth and profitability, and incentivize them to stay for the long run.

Our team will help you design and implement cost-efficient executive benefit packages that can provide additional compensation to select employees which can include:

• A supplemental executive retirement plan that allows you to pay additional income to yourself or key employees in the future, typically in retirement
• An executive deferred compensation plan that allows you or your key employees to forgo receipt of a portion of current income until later, typically in retirement
• Bonus plans that provide you or your key employees with additional income that can be used to purchase insurance, annuities, or investment products

Each of these flexible plans has a variety of tax benefits and tax efficiencies that we can design around the planning goals of your business and participants in non-qualified executive benefit plans. They can also be structured to only benefit certain key executives or in varying degrees for different classes of key executives.

Make sure the business that you’ve worked hard building will continue to move forward once you’ve decided to step back.

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 2021

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.