With $250.4 billion in assets, $28.2 billion in revenues, and more than $1.6 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.4 million people who rely on us for life, disability income and long-term care insurance, annuities, brokerage and advisory services, trust services, and discretionary portfolio management solutions. The company holds more than $100 billion of client assets as a part of its wealth management company and investment services.
More than a century ago, our leaders had a simple but powerful vision for Northwestern Mutual—to build a company that aspired less to be large than to be safe, ranked first in benefits to policyowners rather than first in size and valued quality above quantity.
These beliefs, captured in an 1888 executive committee statement, are still true today. In fact, they helped shape many of the values that continue to define who we are. Ask anyone in the Northwestern Mutual family, and he or she will proudly tell you what we stand for.
Doing what’s right
Above all, we believe in doing what’s right for our clients. With every important decision, we ask ourselves this poignant question: “Is this in the best long-term interest of our clients?” It’s the primary reason we created a distinctive planning process and evolved from a life insurance company to a financial security company in recent decades. We knew having the solutions to meet all of our clients’ financial needs was the right thing to do.
Putting people first
In a nutshell, our business is about helping people succeed, and that starts with putting people first – our clients, employees and financial representatives. We’re passionate about helping people build brighter futures and believe the best way to do that is by building strong, long-term relationships; finding out what matters most to people; and providing the financial guidance, tools and solutions they need to succeed.
Providing financial strength
We’re known for our financial strength and have the highest financial strength ratings awarded to any life insurer by all four of the major rating agencies 1. More than just bragging rights, it means that we’ll be here for the more than 4.2 million clients who are counting on us to help them build a secure future. We not only reserve the capital needed to honor our commitments and survive economic downturns; we also grow our surplus so we can seize opportunities, invest in our people and fund initiatives that will better serve our clients.
Taking a long-term view
Providing the best long-term value for our clients is something else we value. We don’t believe in chasing fads or taking undue risk for short-term gains, so we make every decision with an eye toward the future. It’s how we run our business, design our products and manage our investment portfolio. And it’s an important part of why we’re able to help our clients build a lifetime of financial security.