Associated tags: Life, NLTC, Mutual, FINRA, SIPC, Northwestern Mutual, Financial adviser, FORTUNE
Locations: WASHINGTON, PENNSYLVANIA, MILWAUKEE, UNITED STATES, LOS ANGELES, DISTRICT OF COLUMBIA, ORLANDO, NORTH AMERICA, ASIA, EUROPE, BREWERS, FRANKLIN, WISCONSIN, NO, MISSOURI, MCDANIEL, AR, MO, MCLEAN, VA, NOTRE DAME
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
Key Points:
- 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
Americans' personal non-mortgage debt edges higher to nearly $23,000, and the leading source is credit cards
Generation Debt: By far, Millennials and Gen X have the most debt, and many say they're carrying their highest level of debt ever
MILWAUKEE, May 1, 2024 /PRNewswire/ -- Among American parents saving for their children's college education, 95% expect to cover more than half of the cost for their children.
- While about one in three (36%) say they will pay for the full cost, two in three (64%) expect their child to pay something.
- These are among the latest findings from Northwestern Mutual's 2024 Planning & Progress Study .
Financial Advisor magazine, a leading publication covering the financial services industry, ranked Northwestern Mutual sixth overall in their annual list of the top IBDs based on gross revenue.
Key Points:
- Financial Advisor magazine, a leading publication covering the financial services industry, ranked Northwestern Mutual sixth overall in their annual list of the top IBDs based on gross revenue.
- "From expert advice to investments to world-class insurance products, more Americans are turning to Northwestern Mutual to build financial security.
- Northwestern Mutual is a leading provider of wealth management and investment solutions and continues to see strong demand for its advisory offerings.
- Northwestern Mutual also remains the largest provider of individual life insurance, with total sales over the past three years eclipsing any other three-year period in its history.
Retrieved on:
Wednesday, April 17, 2024
MILWAUKEE, April 17, 2024 /PRNewswire/ -- Northwestern Mutual, a leading financial services company, today announced the release of its 2023 Sustainability and Social Impact Report: A Better Tomorrow .
Key Points:
- MILWAUKEE, April 17, 2024 /PRNewswire/ -- 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 167-year-old company's investments in five key areas: delivering financial security and expanding financial access, investing in communities, strengthening a culture of belonging, reducing environmental impact and earning trust through corporate governance and accountability.
- "Our sustainability and social impact actions demonstrate our commitment to progress over pledges," said Grady Crosby, vice president, chief sustainability and impact officer, Northwestern Mutual.
- "In 2023, we continued to expand our ambition to meet the changing needs of our stakeholders by investing in a broad range of initiatives, technologies and solutions that support a better tomorrow for all."
Sports,
Consulting,
University,
Education,
Professional Services,
Philanthropy,
Other Philanthropy,
Asset Management,
Insurance,
Basketball,
Finance,
Partnership,
Panther,
United Way,
Pittsburgh Panthers,
North Carolina State University,
Family,
JKS,
Cryptocurrency For the third straight season, JKS Financial, a financial services firm with Northwestern Mutual, has partnered with University of Pittsburgh Men’s Basketball, sponsoring the team’s Rebound Rewards program.
Key Points:
- For the third straight season, JKS Financial, a financial services firm with Northwestern Mutual, has partnered with University of Pittsburgh Men’s Basketball, sponsoring the team’s Rebound Rewards program.
- Through the Rebound Rewards program, JKS Financial committed to a $10 donation for every rebound recorded by the Pittsburgh Panthers during the men’s basketball regular season.
- JKS Financial looks to guide individual, family, and corporate clients in all realms of financial security while building relationships within the community.
- To achieve this, the organization sponsors programs such as Rebound Rewards, benefitting the United Way of Southwestern Pennsylvania.
MILWAUKEE, April 3, 2024 /PRNewswire/ -- 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 industry.
Key Points:
- MILWAUKEE, April 3, 2024 /PRNewswire/ -- 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 industry.
- "Our elite advisors are helping to build brighter financial futures for millions of Americans," said John Roberts, Chief Distribution Officer at Northwestern Mutual.
- The Forbes Top Wealth Advisors list showcases the industry's most accomplished professionals, individuals who have demonstrated exceptional leadership and delivered comprehensive financial guidance.
- Forbes ranks advisors based a variety of qualitative and quantitative factors, ranging from assets under management and revenue trends to community engagement and team dynamics.
Baby boomers,
Millennials,
Tax,
Grandparent,
Research,
History,
News,
Hope,
Perindopril,
Generation Z,
Retirement,
Probability,
Parent,
Gen,
Life insurance MILWAUKEE, April 2, 2024 /PRNewswire/ -- Americans' "magic number" for retirement is surging to an all-time high – rising much faster than the rate of inflation while swelling more than 50% since the onset of the pandemic. These are the latest top-level findings from Northwestern Mutual's 2024 Planning & Progress Study, the company's proprietary research series that explores Americans' attitudes, behaviors and perspectives across a broad set of issues impacting their long-term financial security.
Key Points:
- The hope among Gen Z is that by starting to save sooner, they'll be able to retire earlier.
- They expect to retire at the age of 60, a dozen years before Boomers+ who say they'll work until they're 72.
- The 2024 Planning & Progress Study found that among generations closest to retirement, just half of Boomers+ (49%) and Gen X (48%) believe they will be financially prepared when the time comes.
- In forthcoming data sets, the 2024 Planning & Progress Study will explore wide-ranging issues facing Americans spanning savings and debt, retirement income, emerging technology, professional help and more.
MILWAUKEE, March 11, 2024 /PRNewswire/ -- 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.
Key Points:
- MILWAUKEE, March 11, 2024 /PRNewswire/ -- 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 recognition is a testament to the skill and dedication of Northwestern Mutual's honorees – trusted experts who are helping guide Americans to greater financial security.
- "Northwestern Mutual and our advisors are committed to generating superior long-term financial outcomes through both comprehensive financial planning and exceptional client service," said Aditi Javeri Gokhale, the company's chief strategy officer, president of retail investments and head of institutional investments.
- "In this time of palpable economic and financial anxiety, our expert advisors are helping more Americans to build confidence and clarity," said John Roberts, Northwestern Mutual's chief distribution officer.
MILWAUKEE, March 11, 2024 /PRNewswire/ -- Americans have a rosier view of the direction of the U.S. economy, and yet, their feelings of financial insecurity have hit a record high. This is among the topline findings from Northwestern Mutual's newly released 2024 Planning & Progress Study, the company's proprietary research series that explores Americans' attitudes, behaviors and perspectives across a broad set of issues impacting their long-term financial security.
Key Points:
- "Gridlock, divergent visions and persistent threats of government shutdowns have Americans concerned about our leaders' ability to come together and solve large problems," said Mitchell.
- "Increasingly, people are concerned that they and their finances may be caught in the middle of these arguments.
- The gameplan for those who favor playing defense is mostly focused on cutting costs (56%) and building savings (51%).
- In fact, the research shows a continued decline among Americans who consider themselves "disciplined" financial planners – from 65% in the post-Covid 2020 study to 45% in 2024.
Retrieved on:
Thursday, February 8, 2024
MILWAUKEE, Feb. 8, 2024 /PRNewswire/ -- 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.
Key Points:
- MILWAUKEE, Feb. 8, 2024 /PRNewswire/ -- 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.
- "As a provider of comprehensive financial planning – pairing sophisticated wealth management strategies with world-class insurance products – Northwestern Mutual and our advisors stand among the best of the best in the country."
- Forbes Top Women Wealth Advisors Best-in-State recognition showcases the top professionals in the industry, representing experts across the nation by state.
- These recognitions along with the 11 female advisors on the Forbes Top Women Wealth Advisors Best-in-State list exemplifies Northwestern Mutual's commitment to empowering women and diversity in the financial services industry.
Retrieved on:
Wednesday, February 7, 2024
JKS Financial, a financial services and wealth management firm, has been ranked 33rd on the 2024 Pennsylvania West list of Forbes Best-in-State Top Wealth Management Teams.
Key Points:
- JKS Financial, a financial services and wealth management firm, has been ranked 33rd on the 2024 Pennsylvania West list of Forbes Best-in-State Top Wealth Management Teams.
- “This list showcases our dedication to our clients, whose financial goals and aspirations we prioritize above all else.
- It is through their trust and partnership that we have achieved this, and we remain committed to delivering unparalleled service to them for many years to come," said Geoff Kasse, wealth management advisor and managing partner at JKS Financial.
- This recognition reaffirms our commitment to maintaining the exceptional standards that define our team,” said Dan Jenkins, wealth management advisor and managing partner at JKS Financial.
