Long-term financial security doesn’t happen by chance. Take control of your future with customized financial planning services.
If you live for it, we’ll help you plan for it.
Our version of financial planning isn’t just a plan for your money, it’s a plan for your life. That’s because my team and I start with you—your life, your family, and your priorities. Then we tailor your unique plan from a range of financial options using multiple strategies designed specifically to help you reach your goals.
What you get with a plan from Northwestern Mutual
Financial strategies tailored to your life
You’ll have multiple strategies within your plan, built from financial options specifically selected to help you reach the goals you have for right now and later on.
A wide range of financial options
Get access to more financial options designed to reinforce each other so your plan can work its hardest for you, including investments for growth, insurance for protection, and annuities for help with income in retirement.
Your go-to financial expert to guide you
Your advisor listens to what’s important for you to do today and down the road and designs a plan, with personalized recommendations tailored to your life, to help make it happen.
The flexibility to pivot as your priorities change
When your priorities shift throughout your life, we’ll work with you to shift the strategies in your plan. So your plan stays flexible, and you stay on track to meet goal after goal.
A real-time digital plan personalized to you
You’ll see where you are today and how you’re doing over time, tracking your goals to reveal the progress you’ve made, any gaps you might have, and any opportunities we find.
The confidence to know you can live the life you’ve always wanted
Because your financial plan is based on your priorities, it’s uniquely designed to help you do the things you’ve been dreaming of. So you’ll always know you can.
Risk Management Solutions
When your financial plan includes wealth protection and risk management, you’ll be helping to ensure your family is secure.
Risk Management Solutions
When your financial plan includes wealth protection and risk management, you'll be helping to ensure your family — and your vision for the future — is secure.
We'll work with you to develop strategies to:
- Provide for your family in the event of death.
Life insurance policies can be designed with different needs in mind. They can provide temporary protection, cash accumulation or may be utilized as part of an estate plan. Through our association with Northwestern Mutual, we have access to Northwestern Mutual's high-quality, competitively priced life insurance products, including permanent, term, combination and variable policies.
- Provide for you and your family in the event of a disability.
Disability income insurance helps to protect your most valuable asset, your ability to earn an income. But what if the unexpected happened and you suddenly weren’t able to earn a living because of illness or injury? Not only would you have the stress of meeting everyday living expenses, but you might also have to put other goals, like saving for a child's college or for retirement, on hold.
- Provide for long-term care.
Long-term Care events can have a significant impact on your financial security. Planning for long-term care events can help provide options on how to fund and receive care, should you need it.
Long-Term Care Planning
Help minimize the financial risk of a chronic illness or a disabling injury with long-term care planning.
Long-Term Care Planning
Most people hope to enjoy a long and healthy life as long as it’s on their own terms, which likely includes the desire to live as independently as possible. But life doesn’t always happen according to plan.
An unexpected accident, illness or injury can profoundly change your life — sometimes suddenly. And if it does, you may find yourself needing help with the tasks of everyday living.
Long-term care planning may be one of the most important steps you can take to ensure the future financial security of you and your family.
One of the greatest financial challenges is preparing adequately for retirement. And now more than ever, strategic retirement planning is crucial to help meet your goals.
Now more than ever, retirement planning is critical. Gone are the days when pensions and Social Security provided all of the income you needed for retirement. The new reality is that you are responsible for managing your own retirement, and that starts with making sure you're strategic in your planning.
We can help. At Northwestern Mutual, our approach to retirement planning is designed to help you get to—and through—retirement with a greater level of financial confidence, so you can relax knowing you have a road map to achieve your goals.
You'll want to start by considering how much to save for retirement and where to save it. By accumulating as much as you can as soon as you can, you can put time on your side—time to plan, time to weather the ups and downs of the market and time to let your money grow.
And then, as you zero in on retirement, you'll need a different set of strategies to manage risk and make your money last through retirement.
Fee-Based Financial Planning
Ensure your goals and unique financial needs are prioritized and planned with the expertise of a credentialed fee-based financial planner.
Fee-Based Financial Planning
When you want a financial plan developed with your goals and interests put above all else, it’s a good time to engage a fee-based financial planner.
Fee-based financial planners design unique personal financial plans and are compensated for their time and expertise. Under this fee structure, the planner is a fiduciary and has a legal and moral responsibility to place your interests first.
Of course, your planner’s role goes beyond just providing expert guidance in the creation of your financial plan. A fee-based planner can also help you with the implementation of your plan through a combination of appropriate and innovative insurance, brokerage, advisory and/or private client platform solutions.
In the end, your planner is paid to work with you to make sure your financial needs are met with care, with expertise and with an understanding of your unique circumstances and individual goals. Together, you will agree on the appropriate fee structure based upon those needs and the specific services required.
Making great decisions about your wealth, whether you are deciding to grow it, protect it or both, starts with sound thinking – thinking that makes sense. Here’s how our thinking starts when it comes to helping you make important financial decisions.
The Planning Process
With financial independence, family legacy and social capital solutions in place, wealth optimization becomes the focus of the planning process. Your planner will use a unique and disciplined values-based approach to help you make wise choices and to help ensure that your plan is focusing on what you value.
The planning process consists of four quadrants or phases, each one representing one planning cycle: Discovery, Creative Solutions, Strategy Deployment, and Results Management.
- Discovery: Identify and think about the problem. The first phase begins by thinking clearly about the problem. This is called the Discovery phase, and this is where clarity on your goals is achieved and planning gaps are identified.
- Creative Solutions: Think about the solution. The second phase is the Creative Solutions phase, in which you think clearly about the solutions and make decisions regarding closing the planning gaps.
- Strategy Deployment: Implement the solution. The third phase is the Strategy Deployment phase, in which you implement the solution that helps you achieve your desired results.
- Results Management: Manage the results. The final phase is the Results Management phase; we establish a plan to manage and implement the results. This assures that you have confidence your plan will work over time.
Working with a knowledgeable and experienced planner who has access to current technologies and a thorough understanding of tax rules and financial planning techniques is important. Working with an advisor who takes the time to understand your unique desires and goals is critical.
Your planner will take the time to help you make that assessment, develop a plan that works for you and provide you with the tools and strategies necessary to successfully implement that plan.
A personalized wealth management strategy is necessary to sustain and grow your long-term wealth, meet your financial goals and align your comfort with market risks along the way
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.