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Northwestern Mutual Expands Suite of ESG Investment Portfolios

Northwestern Mutual Expands Suite of ESG Investment Portfolios

New high-net-worth portfolio options provide ESG solutions across Northwestern Mutual’s advised investment offerings

Northwestern Mutual announced it has expanded its Environmental, Social and Governance (ESG) investment portfolios with new options for high-net-worth investors in its Private Client Services and Signature Managed Accounts programs. The portfolios, offered by Northwestern Mutual Wealth Management Company and available exclusively through Northwestern Mutual advisors, provide access to a diverse mix of asset classes with ESG considerations incorporated throughout the portfolio.

“More and more investors are seeking out investment strategies that reflect their personal values while also achieving their long-term financial goals,” said Jeb Bentley, Northwestern Mutual Wealth Management Company President and CEO. “We have seen increasing interest in ESG among our own client base and are pleased to now offer a range of professionally managed, ESG-aligned options that are sure to resonate with investors.”

Northwestern Mutual also introduced ESG Active/Passive models in the company’s Signature Portfolios, its mutual fund and ETF model portfolio program, at the end of 2021. These model portfolios integrate ESG into the investment process and combine active management with low-cost passive funds for investors with a range of risk tolerances. The models have already attracted more than $70 million in assets under management since launch.

See related article: Custom Indexing Leader Canvas Expands ESG Investing Capabilities

Northwestern Mutual has seen rapid growth and increasing recognition for its investment offerings in recent years. It recently ranked third in the J.D. Power 2022 U.S. Full Services Investor Satisfaction Study, which measures overall investor satisfaction with full-service investment firms across a variety of factors, including trust, people and products and services. Northwestern Mutual’s retail assets under management have nearly doubled over the last five years and now stands at more than $237 billion as of March 31, 2022, following record cash flows in 2021. Northwestern Mutual continues to be one of the top 10 independent broker-dealers by revenue – and among the fastest growing – in the United States. The company’s financial advisors have seen a strong showing in recent industry rankings, with nearly 140 recognitions on top advisor lists from Forbes and Barron’s this year alone. Additionally, Northwestern Mutual’s proprietary financial planning platform – PX – was named “Best InsurTech Solution” at the 2022 FinTech Breakthrough Awards. 

“In the last few years, we have significantly expanded our investment capabilities and offerings to become a major player in comprehensive financial planning,” said Bentley. “With our exclusive insurance and investment offerings, Northwestern Mutual advisors are in a unique position to help clients achieve their individual goals and dreams – and most importantly, greater financial security.”

Source: Northwestern Mutual


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