For Independent advisers, this is a really good place to build a practice and/or career. Many, such as Merrill Lynch (NYSE:MER), even … If you make it past year 3 you normally are in good shape to be an advisor. 3,441 reviews from Northwestern Mutual employees about Northwestern Mutual culture, salaries, benefits, work-life balance, management, job security, and more. you have to go and find clients yourself. Cons . You get out what you put in. This complicates and in some cases harms a lot of personal relationships with people. Currently a registered financial advisor at Northwestern Mutual Investment Services, LLC, they have gathered 14 years of work experience in the financial advisory industry. Help people considering your employer make a good choice. What is the best part of working at Northwestern Mutual? When factoring in bonuses and additional compensation, a Financial Advisor at Northwestern Mutual can expect to make an average total pay of $83,022 . According to the latest findings from Northwestern Mutual's 2019 Planning & Progress Study, 92% of US adults aged 18+ agree that nothing makes them happier or more confident in life than when their finances are in order.. They train and support you. Your response will be removed from the review – this cannot be undone. I have an interview with Northwestern Mutual as a Financial Advisor. Wonderful company, lots of opportunity, great people, 100% commission, getting started and keeping your head in the game is tough, great company to work for and it is a great environment, dialing can be tough at times and creating your own list of names to call. Otherwise, it takes a very unique personality, an overwhelming amount of work, a significant amount of personal financial risk, and a whole lot of luck to build a book of business from scratch. Author has 2K answers and 455K answer views. Learn why! This job is 100% commission and you are asked to start by only reaching out to people you know for financial services. And we'll be there to guide you every step of the way. Are you sure you want to replace it? 3,896 open jobs. Co, Northwestern Mutual Investment Services, LLC and Northwestern Mutual Wealth Management Company. nothing i just want to look at the reviews, As achieving financial security becomes more complex for people, a few simple truths are becoming even more powerful. I would highly recommend going the team as an intern, you might not get paid a lot but you will meet a great group of coworkers and friends. The average salary for a Financial Advisor at The Northwestern Mutual Life Insurance Company is $49,721. Former Employee Worked at The Northwestern Mutual Life Insurance Company in Milwaukee, WI. Hey, I just interviewed at Northwestern Mutual and was wondering what some of you might think of whether or not it is a good place to start a career as a financial advisor. I found that Northwestern Mutual is a very honest company and do take very good care of their clients. http://glassdoor.com/slink.htm?key=vMvEL. During their career, the advisor has held roles at Northwestern Mutual Life Ins. Maybe that's what you … Northwestern Mutual has a Find an Advisor tool that matches you with the best financial advisor based on your location, assets and financial goals. Motivated work hard and have fun culture. Great culture, great training, great income potential. Are there any positions that offer a base rate rather than being commission only? You have to put in more than 40hours a week to be successful in this career. I learned a lot from my experience as an intern at Northwestern Mutual. I am not sure how it is at other firms but the atmosphere was great for the most part. Only those representatives with the titles "Financial Advisor" or "Wealth Management Advisor" can provide investment advisory services as representatives of Northwestern Mutual Wealth Management Company (also an NM subsidiary). Many, such as Merrill Lynch (NYSE:MER), even … Read employee reviews and ratings on Glassdoor to decide if Northwestern Mutual is right for you. Not all products and services are available in all states. The people there are very friendly, helpful and motivated individuals. What would you suggest Northwestern Mutual management do to prevent others from leaving? Find Financial Advisor Broker Promotions It used to be said, "It's not what you know, it's who you know." Social media is adding a new twist to this old saying. 33% 42% Leverage your professional network, and get hired. This article isn’t intended to vilify Northwestern Mutual financial advisors or any other advisor working with a similar company. Our NM "financial advisor" representative Jay ** … Third, it appears as though the job is 100% commissions and they have you work independently right off the bat. Not all Northwestern Mutual representatives are advisors. 534 views. And even though things are a bit uncertain right now, our version of financial planning can help you be ready for anything. Glassdoor will not work properly unless browser cookie support is enabled. The happiest Northwestern Mutual employees are Financial Advisors submitting an average rating of 4.5 and Financial Representatives with a rating of 4.3. The retention rate is really low in my office but is a competitive and fun atmosphere. Be ready to grind it out for your first year or so. A few things are fishy, first they seem to only target people switching careers. It's not a finance job, it is sales. ... Financial Advisor (371) Financial Representative Intern (293) Intern (199) Associate Financial Representative (114) Financial Services Representative (66) One of the downsides of Northwestern Mutual is with autonomy comes responsibilities of which if you are not comfortable … With the support of a dedicated staff, Andrea Williams and her team stand committed to providing you the best client service possible. Fun work environment, excellent culture, and great colleagues, State Farm Mutual Automobile Insurance Company. Help us be the best! Our version of financial planning brings the right insurance and investment strategies together, so you can do the things that matter most, with the ones who matter most. I have been working at Northwestern Mutual full-time for more than 3 years. Original review: Sept. 22, 2020. 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