John C. Johnston was a General in the local militia in New York in 1850. He worked as an agent at Mutual Life Insurance Agency of New York.
Johnston and his grandson, John H. Johnston, moved to Wisconsin and founded the Mutual Life Insurance Company of the State of Wisconsin in 1854. The company issued its first policy contracts in 1858.
The company grew and began to work regionally. To reflect this change, it was renamed Northwestern Mutual Life Insurance Company in 1865. At that time, “Northwest” was used to describe states now in the Midwest.
By 1919 Northwestern Mutual was the sixth-largest insurance company in the country. By 1955, the company ranked fifth in mortgage holdings.
In 1981 the company began to invest in energy exploration and major real estate ventures.
In 1999 Northwestern Mutual acquired Frank Russell Co., an investment management and advisory firm with $40 billion in assets under management, for $1 billion.
Today Northwestern Mutual offers financial services, life insurance, long-term care insurance, disability insurance, annuities, mutual funds, and employee benefit services. The company also provides consultations on asset and income protection. Northwestern Mutual has 5,000 employees and had $23 billion in revenue in 2010.
Change of address for me is….
Barbara Cloa9/26/2019
NOTICE OF MY ADDRESS CHANGE:
Please note my change of address…..
Barbara Cloak
c/o Baker
XXX 20th St.
Ship Bottom, NJ 08008
Please advise the contact info for your Sr Director of Life Ins Sales Agents,
Thank You,
Carl
I asked the new agent assigned to me to please transfer me to an office closer to my home. He is in Delaware, I am in Pa. It has been four months and I am still waiting to hear from someone. I just went online and found an office in Newtown, Pa. I am very dissatisfied with the response time. We have been clients for over 30 years and this is the first request we have put forth.
Proofread the second paragraph on how the company started. Shouldn’t it be 1854?
Ops! Yep. Thanks for catching the typo
How does one contact the money or investment manager?