Fitch Affirms Northwestern Mutual's IFS at 'AAA'; Outlook Stable
Northwestern Mutual , the nation's 7th largest independent broker-dealer by total-revenue, announced Wednesday it has hired more than 1,100 financial representatives so far this year, and nearly 3,000 financial representative interns.
Findings released May 7 from Northwestern Mutual ’s 2013 Planning and Progress study show 56% of respondents said they felt financially prepared to live to age 75.
This goal comes on the heels of the life insurance firm’s 2012 recruiting of 5,000 financial professionals.
Nearly a quarter of Americans say their biggest obstacle in planning for retirement is that they don’t have enough time, according to a study by Northwestern Mutual .
"We have found that people in Gen Y not only said they are highly disciplined, they really are more highly disciplined than people in older generations," Bill Taylor, vice president of financial planning at Northwestern Mutual , said in an interview. "It might be because they've seen their parents ...
Consumers are prioritizing long-term planning over short-term financial concerns, a study released Tuesday by Northwestern Mutual found.
The survey, by Northwestern Mutual , found that three quarters of people prioritize long-term planning over short-term performance, and one-third said "slow and steady wins the race" best describes their approach to future financial goals.
Though they face similar challenges in preparing for their financial futures, men and women think about and respond to them in divergent ways, according to research released Wednesday as part of Northwestern Mutual's ongoing 2013 Planning and Progress Study.