Northwestern Mutual Investment Management Company, LLC
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Overview
Northwestern Mutual Investment Management Company, LLC is a financial advisory firm based in Milwaukee, Wisconsin. The firm handles $262.1 billion in assets under management across 19 customer accounts, placing it among the largest investment advisory firms in the United States by assets under management (AUM). Northwestern Mutual Investment Management Company, LLC has a large team, including 197 financial advisors. Northwestern Mutual Investment Management Company, LLC is not a registered broker-dealer, signifying that the advisor cannot buy and sell securities for its accounts and those of its customers and instead must go through a broker-dealer company to do so. Securities are exchangable fiscal assets like options, stocks and bonds.
Northwestern Mutual Investment Management Company, LLC administers all of the firm's client assets in a discretionary manner. Discretionary management means that a portfolio manager has the discretion to make transaction judgments without requiring the client's approval. The advisory firm's typical account size is $13.8 billion. The average advisor at Northwestern Mutual Investment Management Company, LLC administers fewer than one client account, making it one of the most individualized financial advisor firms in the country.
The company's central office is located at 720 East Wisconsin Avenue, Milwaukee, Wisconsin 53202-4797. Northwestern Mutual Investment Management Company, LLC is registered to serve investors throughout a number of states, including Delaware, Florida, Illinois, Massachusetts, Missouri, North Carolina, Ohio, Pennsylvania, Washington and Wisconsin.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Northwestern Mutual Investment Management Company, LLC by the Numbers
$262.1 billion
209
19
$13.8 billion
Products and Services
Northwestern Mutual Investment Management Company, LLC offers a variety of services, which can consist of portfolio management for pooled investment vehicles, portfolio management for institutional clients and selection of other advisers. It is not involved in selling products or offering services apart from investment advisory services to its investment advisory accounts. The firm is affiliated with one or more other companies in the financial services industry, including with a broker-dealer or securities dealer, banking or thrift institution, trust company, insurance company or agency and commodity pool advisor.
Core Advisor Services
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Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
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Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
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Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Financial advisory fees usually depend on which services the firm provides the client. Fee types billed by the company likely are comprised of the following fee structures: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the company.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 26% of firms
Performance-based
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 32% of firms that offer this fee type
Fixed
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm caters to banking institutions, pooled investment vehicles, charitable organizations and insurance companies. Out of its 19 clients, Northwestern Mutual Investment Management Company, LLC's largest client type is pooled investment vehicles. Just 9% of the company's clients are non-U.S. persons.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 90.91%
- Charitable Organizations - 9.09%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Northwestern Mutual Investment Management Company, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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