What’s the Career Path in Financial Planning? - Northwestern Mutual

What’s the Career Path in Financial Planning?

It's all up to you.

When you choose a career with Northwestern Mutual, YOU are in control of how, when, and where you want to take your career. What’s different with us, is that we anticipate that you’ll want to grow and advance your career, so we make sure you have plenty of options and opportunities.

Starting Out

Most people start out as a financial representative. where you’ll learn about the industry, the financial planning process, how to create plans, and how to help your clients. You’ll learn all of this through classroom  and on-line/self-directed training while also being paired up with a mentor.

Your mentor is someone who has been “in your shoes” and understands what it takes to be successful and wants to help you do the same. He or she will take you on client meetings, provide key on-the-job training, and when you’re ready to begin meeting with clients, will accompany you to ensure all your client needs are met.

During your first year you’ll also obtain required licenses  and registrations to become a registered representative with Northwestern Mutual Investment Services (NMIS) so you can help clients with investment products such as mutual funds, variable annuities, etc.

From Financial Representative to Financial Advisor

Once you obtain the initial licensing and registrations to become a financial representative, you will have the opportunity to continue your education and certification to become a financial advisor. The largest difference between a financial representative and an advisor is the management of investment portfolios for your clients. With additional registrations, you can also help clients with individual securities, such as stocks and bonds. Typically, our representatives become advisors within one to three years.

From Financial Advisor to Wealth Management Advisor

Wealth management advisors handle more complex financial planning needs, such as the management of large investment portfolios, tax planning, estate and legacy planning, and complicated strategies for retirement. The time it takes to move into this role varies based on your experience, production, eagerness to learn, and ability to pass additional certifications. Typically, our advisors move into wealth management within four to six years after joining Northwestern Mutual.

Moving into Leadership

Some people are natural-born leaders. If that’s you, a career with Northwestern Mutual allows you to put your leadership strengths into action. There are many leadership opportunities within the company starting with your desire to attract and develop talent, lead a team, or lead an office.

Options for leadership

Career Support

Switching careers can be nerve-wracking, especially when you’re going into a new industry. Rest assured; we’re here to help. We don’t expect you to know everything or to have it all figured out when you start. That’s why we have a strong support system in place to help you at every stage of your career. From questions on how to best serve the needs of your clients to determining where to take your career, our experts and support staff are there to help you. Our commitment to you far exceeds our competitors.

Talk with one of our recruiters to learn more about career opportunities with Northwestern Mutual.