Northwestern Mutual

The Northwestern Mutual Life Insurance Company
Company typePrivate company, mutual
IndustryFinancial services
Founded1857 (1857)
HeadquartersMilwaukee, Wisconsin
Key people
  • John Schlifske (Chairman and CEO)
  • Tim Gerend (President)
[1]
ProductsInsurance and investments
RevenueIncreaseUS$31.1 billion (2020)[2]
IncreaseUS$425 million (2020)[2]
Number of employees
6,700+ (2021)[3]
Websitewww.northwesternmutual.com

Northwestern Mutual is an American financial services mutual organization based in Milwaukee, Wisconsin. The financial security company provides consultation on wealth and asset income protection, education planning, retirement planning, investment advisory services, Financial Planning trust and private client services, estate planning and business planning. Its products include life insurance, permanent life insurance, disability income, and long-term care insurance; annuities; investments; and investment advisory products and services.[4] Northwestern Mutual ranked No. 90 on the 2021 Fortune 500 list of the largest United States corporations by total revenue and is in the top 30 by assets held.[5] The firm distributes a portion of its earnings to eligible policyholders as annual dividends.[6]

  1. ^ "Northwestern Mutual CEO John Schlifske sets retirement date, successor named". BizTimes. Retrieved 2024-06-26.
  2. ^ a b "Annual report". Northwestern Mutual.
  3. ^ "Why Northwestern Mutual?".
  4. ^ "Northwestern Mutual Fact Sheet for 2016". Northwestern Mutual. Retrieved August 17, 2016.
  5. ^ "Northwestern Mutual – 2021 Fortune 500". Fortune. Retrieved 25 August 2021.
  6. ^ Smith, Ryan. "Northwestern Mutual expects record dividends for policyholders". www.insurancebusinessmag.com. Retrieved 2020-07-18.

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