Northwestern Mutual Gifts $1 Million for Financial Planning

Northwestern Mutual is gifting $1 million to the CFP Board Center for Financial Planning to help develop more financial planners.

Northwestern Mutual is gifting $1 million to the CFP Board Center for Financial Planning to help develop a stronger pipeline of financial planners.

Among the center’s primary goals, which Northwestern Mutual supports, are to cultivate a quality workforce for financial planning firms, to foster a more diverse group of planners, and to elevate the discipline by supporting financial planning faculty and education programs.

Northwestern Mutual is a founding sponsor of the center. The company has $308.8 billion in total assets, $31.1 billion in revenues, and $2 trillion worth of life insurance protection in force.

Latest news

BofA: Recession May Force Fed Rate Cut in 2023

A slowdown in rate hikes would tamp down 10-year Treasury yields and some of the volatility that has plagued investors this year, BofA says.

DOL Reverses Trump on ESG Investments in Retirement Plans

The rule makes it easier for plans to offer socially responsible investments, but traditional financial factors must be considered.

SEC Charges Goldman Didn’t Follow ESG Policies

The SEC fined Goldman Sachs Asset Management $4 million for not following ESG policies and procedures.

Hedge Fund Challenges Envestnet

The hedge fund has criticized the board for ballooning costs and authorizing rich paydays for management and board members.

Older investors Still Seeking Guidance From Advisors

A survey of investors 50 and over who consult advisors on wealth management shows what’s top of mind.

Cancer Diagnoses Lag After Screenings Fall During Pandemic

Although Americans are getting back to a normal way of life, they still appear to be avoiding the healthcare system, new research finds.