Northwestern Mutual Investment Management Company, LLC

CRD#307865
Investment Advisor Firm

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Learn more about Northwestern Mutual Investment Management Company, LLC

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Northwestern Mutual Investment Management Company, LLC is located at 720 East Wisconsin Avenue, Milwaukee, WI. The firm employs 247 financial advisors to manage client portfolios and provide financial guidance. Northwestern Mutual Investment Management Company, LLC is not a registered broker-dealer.

    Northwestern Mutual Investment Management Company, LLC oversees $281.3 billion in assets under management across 25 accounts, all of which are discretionary. The services offered include portfolio management for pooled investment vehicles, portfolio management for institutional clients, and selection of other advisers. The firm caters to banking institutions, pooled investment vehicles, charitable organizations, and insurance companies, with pooled investment vehicles being the largest client type by accounts. The fee structure at Northwestern Mutual Investment Management Company, LLC includes asset-based and performance-based fees. The firm maintains affiliations with a broker-dealer or securities dealer, banking or thrift institution, trust company, insurance company or agency, and commodity pool advisor.

    Northwestern Mutual Investment Management Company, LLC is registered in the states of Colorado, Delaware, Florida, Illinois, Massachusetts, Missouri, North Carolina, Ohio, Pennsylvania, Washington, and Wisconsin.

    Assets Under Management

    $281.3 billion

    Number of Advisors

    247

    Disclosures

    No

    Office Location

    720 East Wisconsin Avenue
    Milwaukee, WI 53202-4797

    Northwestern Mutual Investment Management Company, LLC by the Numbers

    Total Assets Under Management

    $281.3 billion

    National Average: $8.6 billion
    Total Number of Employees

    260

    National Average: 64
    Total Number of Accounts

    25

    National Average: 375,227
    Average Account Size

    $11.3 billion

    National Average: $23.0 thousand
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    Products and Services

    Northwestern Mutual Investment Management Company, LLC provides multiple financial services, which can include portfolio management for pooled investment vehicles, portfolio management for institutional clients, and selection of other advisers. However, Northwestern Mutual Investment Management Company, LLC did not provide any of its clients with financial planning services in the previous financial year. The Company is not involved in selling products or offering services aside from investment advisory services to its investment advisory customers.

    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

    • 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.

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    Fee Structure

    Financial advisory fees usually vary depending on which service is offered. Fees charged by Northwestern Mutual Investment Management Company, LLC most likely consist of some blend of the following fee structures: asset-based or performance-based.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    It caters to banking institutions, pooled investment vehicles, charitable organizations, and insurance companies. Out of its 4 clients, Northwestern Mutual Investment Management Company, LLC's biggest client type by number of accounts is insurance companies.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 93.33%
    • Charitable Organizations - 6.67%

    * 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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