Northwestern Mutual

Corporate

Northwestern Mutual was incorporated on March 2, 1857. Northwestern Mutual is the largest individual Life Insurance Company in the United States. It also operates in the field of Mutual Funds. Northwestern Mutual together with its affiliates and subsidiaries offers investment products, insurance, advisory services that help the client in terms of capital accumulation, financial protection, and estate preservation and distribution. According to 2007 Fortune Magazine Survey (March 2007), it was named “America's Most Admired” company for a continuous period of 24 years in its category.

The marketing name of the sales and distribution arm of the company is Northwestern Mutual Financial Network. The Network has 350 offices in the U.S.

Northwestern Mutual is a Fortune 500 Company.

Northwestern Mutual is known as the “Quiet Company” because they did not engage in advertising for many years. It is celebrating its 150th anniversary this year (2007).

Activities

Network Services: Asset & Income Protection, Personal Needs Analysis, Investment Services, Education Funding, Retirement Solutions, Business Solutions, Employee & Executive Benefits, Estate Analysis, and Trust Services.
Insurance Products: Life Insurance, Disability Insurance, Long-term Care, and Employee Benefits.
Investment Products: Mutual Funds, Annuities, and Other Investment Products.
Advisory Services: Financial Planning, Estate Planning, Trust Services, Investment Advisory Services.

Performance

The total revenue for the year 31-12-2005 ended with $ 19,220.8 million, which showed a percentage change of 7.9 from the year 2004. For the year 2006, the total revenue amounted to $ 19.7 billion.

The net profit for the year 31-12-2005 ended with $ 923.8 million, which showed a percentage change of 13.1 compared to the year 2004. The net profit for the year 2006 is $ 829 million. In the year 2005, total assets held by the company amounted to $ 133,057.2 million. For the year 2006, the total assets held by the company amounted to $ 145 billion.

Organization

Representative: Edward J. Zore, Chief Executive Officer
No of Employees: 7000

Address:

720 E. Wisconsin Avenue, Milwaukee, WI 53202 Tel: 414-271-1444
www.northwesternmutual.com
www.nmfn.com