I don’t mean that to sound harsh, but Northwestern Mutual is a legit company, just like so many other financial companies (it’s not an MLM). I'm wondering if anyone here has gone through Northwestern Mutual's internship program, and what they think of it? 718 reviews from Northwestern Mutual employees about Pay & Benefits New comments cannot be posted and votes cannot be cast. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Indeed.com estimated this salary based on data from 11 employees, users and past and present job ads. I get pinged every other week on LinkedIn by Northwestern Mutual Financial Advisors. This estimate is based upon 143 Northwestern Mutual Financial Advisor salary report(s) provided by employees or estimated based upon statistical methods. What is the position call? Northwestern Mutual salary trends based on salaries posted anonymously by Northwestern Mutual employees. I had a friend do an internship at NW and quit after a few weeks after he found out basically what this entry level "scam" is. My concern is this: I really love financial planning/advising, and I think it is an important career and its professionals offer vital services, but there is something inside my mind that tells me I am not doing good to my community like everyone at NWM tells me I am. I typically just ignore them. The people who have worked at NWM have all told me that I am doing a service to my community by providing them financial plans, but how I really feel is that I have tricked the few clients I've made to get a quick buck, I have strained the relationship I have with my close friends and family, and that I am in debt because it is a commission only job. Based on 1 salaries posted anonymously by Northwestern Mutual Financial Advisor employees in … And if the answer to my first question is "Yes, leave this company", my follow up question is this: Would it be any different at another company like Merrill Lynch or Charles Schwab? They work for Northwestern Mutual and will sell NWM products which will be beneficial to NWM and to them. Can someone tell me what the starting salary and pay structure is like at Northwestern Mutual for a new financial adviser? Working at Northwestern Mutual for a Year. Financial advisors and representatives and their staff might not represent all entities shown or provide all the products or services discussed on this website. Northwestern Mutual financial advisors have told me that their job has helped them develop two valuable skills… The first one is the ability to have a face-to-face meeting. Press question mark to learn the rest of the keyboard shortcuts. One of the first things they want you to do is target your "natural market", which is basically friends, family, people you know, etc. Financial Planner salaries at Northwestern Mutual can range from $47,494 - $506,027. Only those representatives with Advisor in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services. I know this topic has been covered a lot in the past, but its been weighing heavily on my mind and I felt the need to create a Reddit account and share with you my concerns and ask from the community some feedback. Looks like you're using new Reddit on an old browser. Northwestern mutual has a position called "Financial Representative or intern" or something along those lines. Most financial advisors will rely heavily on funds for this reason. Learn more about Northwestern Mutual's Ryan Smith, Wealth Management Advisor in Atlanta, GA 30326 I am young and I know I want to have a successful career in finance, but I need some guidance. If so, do not do it. Northwestern mutual has a position called "Financial Representative or intern" or something along those lines. Average salaries for Northwestern Mutual Associate Financial Advisor: [salary]. Not all Northwestern Mutual representatives are advisors. They say they value diversity and inclusion, but the moment you don't "fit in" they make you an outsider. There is something about calling all of my family and friends and pressuring them into meeting with me and buying expensive life insurance policies that I find immoral. Financial Advisor salaries at Northwestern Mutual can range from $1 - $407,745. Tons of great salary information on Indeed.com What should I do? A free inside look at company reviews and salaries posted anonymously by employees. More than a century later, in 1968, Northwestern Mutual Investment Services, the Northwestern Mutual subsidiary that's a registered financial advisor firm and a broker-dealer, was established. ... Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company and its subsidiaries. Northwestern Mutual employees earn $41,000 annually on average, or $20 per hour, which is 47% lower than the national salary average of $66,000 per year.According to our data, the highest paying job at Northwestern Mutual is a Senior UNIX Administrator at $91,000 annually while the lowest paying job at Northwestern Mutual is a Financial Intern at $28,000 annually. On indeed.com northwestern mutual financial advisor salary reddit all Northwestern Mutual employees rely heavily on funds for diversification & 39. Cookies.Learn more in Chicago, IL at Paysa.com, users and past and job! 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