DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Northwestern Mutual Investment Services,LLC

No RAUM reportedMilwaukee, WisconsinCRD 2881SEC 801-8095websiteIAPD
Legal name Northwestern Mutual Investment Services, LLC
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2012 · 53 filings
SEC status approved since Dec 10, 1971
RAUM
$0
reported, Item 5.F
Discretionary
n/a
of RAUM
Private clients
n/a
$0 individuals and HNW
Advisors
2,136
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2,294
15 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
53 filings and snapshots on the tape
RAUM$0 as of Mar 31, 2026
Mar 29, 2012$2.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3)1,976 as of Mar 31, 2026
Mar 29, 20120 then
Employees (5.A)2,294 as of Mar 31, 2026
Mar 27, 20133,095 then
Private funds: no history
RAUM n/a over the last fiscal yearIARs 2,341 to 1,976
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
RAUM per advisor
$0derivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
unknownderivedRAUM over accounts (5.F.2.f)
Discretionary
unknownderivedof RAUM
Institutional
unknownderivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
2135.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
-16%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
fixed fees, otherreportedItem 5.E
Advisory activities
otherreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
0reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
fixedreported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=1976.0derived
Advisors registered through the firm
2,136 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Jeffrey Dale ReeterHouston, TxJan 1, 200242 y0
Timothy Wayne CarmeanThe Woodlands, TxJan 1, 200239 y0
John Joseph BarrettMilwaukee, WiMar 28, 200230 y1
Phillip James HicksMilwaukee, WiMar 28, 200228 y1
Philippe Michael OrtizWauwatosa, WiMar 28, 200228 y0
Cindy Ann MickelsonWaterford, Wi Mar 28, 200230 y0
William Joseph DuffyFranklin, WiMar 28, 200227 y0
Mary Lee OdemMilwaukee, WiMar 28, 200228 y0
David Paul CernyWaukesha, WiMar 28, 200237 y0
Patrick Thomas HorneWaukesha, WiMar 28, 200249 y1
Debra Blevons WascherAppleton, Wi Mar 28, 200237 y0
Ronald Scott SchwertfegerWhitefish Bay, WiApr 8, 200233 y0
Francis Joseph OppoldChartered Financial ConsultantAmes, Ia Oct 30, 200251 y0
Donald Eugene ReedChartered Financial ConsultantAsheville, NcOct 30, 200247 y1
Gordon Peter GruenesChicago, IlOct 30, 200236 y0
Dana Frederick PottsChartered Financial ConsultantHinsdale, IlOct 30, 200246 y0
Andrew James HigneyChartered Financial ConsultantChicago, IlOct 30, 200237 y0
Keith Allen ErhardChartered Financial ConsultantW Des Moines, IaOct 30, 200241 y0
Steven Mcnair ThagardChartered Financial ConsultantOrlando, FlOct 31, 200244 y0
Christian DillOak Brook, IlNov 1, 200235 y2
Brian Drew SullivanCertified Financial PlannerRichmond, VaNov 6, 200238 y1
Edward John KoznarekCertified Financial PlannerHinsdale, IlNov 6, 200249 y1
Alan Elliot RobbinsChartered Financial ConsultantSaint Louis, MoDec 5, 200239 y0
Arthur Eise BarbicheBozeman, MtDec 9, 200246 y0
John Lawwrence GilfoilChartered Financial ConsultantWilbraham, MaDec 13, 200248 y0
Thomas Stephen SperberCincinnati, OhJan 30, 200328 y0
Michael Aaron WaxbergCalabasas, CaFeb 10, 200330 y1
Benjamin Neilson MoenMilwaukee, WiAug 6, 200325 y1
Steven Dale CarlsonWheaton, IlAug 28, 200348 y0
Scott David ButlerOwings Mills, MdSep 4, 200337 y0
Robert Todd GrandyChartered Financial ConsultantHunt Valley, MdSep 4, 200337 y0
Gregg Takashi FujimotoHonolulu, HiSep 11, 200352 y0
Randall Eugene DalyChartered Financial ConsultantBillings, MtSep 12, 200348 y0
James E NewcombeKeene, NhSep 18, 200345 y0
Paul Martin IsgarOrlando, FlSep 23, 200329 y0
Joseph Britton FarisIndianapolis, InOct 8, 200359 y0
Fredric Mackey SchneiderAtlanta, GaOct 9, 200345 y2
Thomas Wallace HubbardCertified Financial PlannerGilbert, AzOct 16, 200339 y0
Mark Foster CoxEvansville, InOct 27, 200335 y0
Daniel Ford CastinoChartered Financial ConsultantSkokie, IlDec 12, 200335 y1
All 2,136 advisors at Northwestern Mutual Investment Services,LLC
Advisor movement
150 left, 194 joined in 12 months
net +44 in 12 months27 left in 90 days38 joined in 90 daysdeparture rate 7.0% of current headcount412 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Quentin Michael Doll · Vice President - Risk Productscontrol
    since 08/2021 · owns less than 5%
  • Dawn Marie Kalinowski · Vice President - Chief Operations Officercontrol
    since 12/2023 · owns less than 5%
  • Nicole Ellen Lund · Vice President And Chief Compliance Officercontrol
    since 11/2024 · owns less than 5%
  • Deborah Allison Schultz · Vice President And Chief Risk Officercontrol
    since 02/2023 · owns less than 5%
  • Bonnie Lynn Tomczak · Vice President - Wealthcontrol
    since 11/2024 · owns less than 5%
  • Laila M Valters · President And Ceocontrol
    since 08/2024 · owns less than 5%
  • Jared A Ward · Treasurer/Finopcontrol
    since 01/2022 · owns less than 5%
  • Bradley Leahy Eull · Secretary
    since 12/2018 · owns less than 5%
Entity owners
  • The Northwestern Mutual Life Insurance Company · Sole Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • Iron Key Insurance Services, LLC
    real estaten
  • Mason Street Advisors, LLC
    investment adviserbanknRAUM $39B
  • Nmc V Gp, LLC
    investment adviserpooled vehicle sponsorn
  • Nmc Vi Gp, LLC
    investment adviserpooled vehicle sponsorn
  • Nmpe I Gp, LLC
    investment adviserpooled vehicle sponsorn
  • Nmpe II Gp, LLC
    investment adviserpooled vehicle sponsorn
  • Nmpe III Gp, LLC
    investment adviserpooled vehicle sponsorn
  • Nmpe IV Gp, LLC
    investment adviserpooled vehicle sponsorn
  • Northwestern Long Term Care Insurance Company
    real estaten
  • Northwestern Mutual Capital Equity Gp Vii, LLC
    investment adviserpooled vehicle sponsorn
  • Northwestern Mutual Capital Gp II, LLC
    investment adviserpooled vehicle sponsorn
  • Northwestern Mutual Capital Gp III, Lllc
    investment adviserpooled vehicle sponsorn
  • Northwestern Mutual Capital Gp IV, LLC
    investment adviserpooled vehicle sponsorn
  • Northwestern Mutual Capital Gp, LLC
    investment adviserpooled vehicle sponsorn
  • Northwestern Mutual Investment Management Company, LLC
    investment adviserbanknRAUM $323B
  • Northwestern Mutual Wealth Management Company
    n
  • The Northwestern Mutual Life Insurance Company
    real estatey
  • Wysh Life And Health Insurance Company
    real estaten
Advisers that list Northwestern Mutual Investment Services,LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Milwaukee, Wi · principal150303
New York, Ny70266
Atlanta, Ga48421
Indianapolis, In3653
Chicago, Il3430
Albany, Ny3160
Pittsburgh, Pa2922
Saint Louis, Mo2842
Cincinnati, Oh2611
Houston, Tx2620
Tampa, Fl24321
Raleigh, Nc2430
Irvine, Ca24103
Nashville, Tn2321
Franklin, Wi2140
Charlotte, Nc2123
W Des Moines, Ia2020
Denver, Co1991
Orlando, Fl19031
Bloomington, Mn1991
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • BD registered reps · 2,252 to 1,976
    Nov 10, 2025 to Mar 31, 2026
  • Employees · 2,577 to 2,294
    Nov 10, 2025 to Mar 31, 2026
  • State-registered IARs · 2,252 to 1,976
    Nov 10, 2025 to Mar 31, 2026
  • Financial planning clients · 0 to 0
    May 1, 2025 to Nov 10, 2025
  • Advisory employees · 0 to 15
    Feb 25, 2025 to May 1, 2025
  • BD registered reps · 2,399 to 2,252
    Feb 25, 2025 to May 1, 2025
  • Employees · 2,537 to 2,577
    Feb 25, 2025 to May 1, 2025
  • State-registered IARs · 2,341 to 2,252
    Feb 25, 2025 to May 1, 2025
  • Accounts · unset to 0.0
    Nov 6, 2024 to Feb 25, 2025
  • Discretionary RAUM · unset to 0.0
    Nov 6, 2024 to Feb 25, 2025
  • Non-discretionary RAUM · unset to 0.0
    Nov 6, 2024 to Feb 25, 2025
  • RAUM · unset to 0.0
    Nov 6, 2024 to Feb 25, 2025
  • BD registered reps · 2,125 to 2,399
    Feb 26, 2024 to Mar 28, 2024
  • Employees · 2,125 to 2,537
    Feb 26, 2024 to Mar 28, 2024
  • State-registered IARs · 2,125 to 2,341
    Feb 26, 2024 to Mar 28, 2024
  • Advisory employees · 2,170 to 0
    Mar 30, 2022 to Mar 30, 2023
  • BD registered reps · 2,216 to 2,125
    Mar 30, 2022 to Mar 30, 2023
  • Employees · 2,216 to 2,125
    Mar 30, 2022 to Mar 30, 2023
  • State-registered IARs · 2,170 to 2,125
    Mar 30, 2022 to Mar 30, 2023
  • Advisory employees · 2,239 to 2,170
    Jan 18, 2022 to Mar 30, 2022
  • BD registered reps · 2,477 to 2,216
    Jan 18, 2022 to Mar 30, 2022
  • Employees · 2,496 to 2,216
    Jan 18, 2022 to Mar 30, 2022
  • State-registered IARs · 2,336 to 2,170
    Jan 18, 2022 to Mar 30, 2022
  • Advisory employees · 1,466 to 2,239
    Feb 3, 2021 to Mar 31, 2021
  • BD registered reps · 1,570 to 2,477
    Feb 3, 2021 to Mar 31, 2021
  • Employees · 1,597 to 2,496
    Feb 3, 2021 to Mar 31, 2021
  • State-registered IARs · 1,459 to 2,336
    Feb 3, 2021 to Mar 31, 2021
  • Advisory employees · 1,541 to 1,466
    May 22, 2018 to Mar 21, 2019
  • Advisory activities · 2 to 1
    May 22, 2018 to Mar 21, 2019
  • BD registered reps · 1,645 to 1,570
    May 22, 2018 to Mar 21, 2019
  • Employees · 1,672 to 1,597
    May 22, 2018 to Mar 21, 2019
  • State-registered IARs · 1,534 to 1,459
    May 22, 2018 to Mar 21, 2019
  • Advisory employees · 1,966 to 1,541
    Aug 29, 2017 to Mar 26, 2018
  • BD registered reps · 2,079 to 1,645
    Aug 29, 2017 to Mar 26, 2018
  • Employees · 2,097 to 1,672
    Aug 29, 2017 to Mar 26, 2018
  • State-registered IARs · 1,958 to 1,534
    Aug 29, 2017 to Mar 26, 2018
  • Other offices · unset to 0.0
    Aug 29, 2017 to Mar 26, 2018
  • Advisory employees · 1,359 to 1,966
    Mar 30, 2016 to Mar 28, 2017
  • BD registered reps · 1,516 to 2,079
    Mar 30, 2016 to Mar 28, 2017
  • Employees · 1,526 to 2,097
    Mar 30, 2016 to Mar 28, 2017
Signals
60 dated events
  • James Dietter no longer holds an investment adviser registration (last listed at Northwestern Mutual Investment Services,Llc on the 2026-09-17 feed)
    Sep 17, 2026 · Advisor registration ended · derived
  • Matteo Silvano Garofalo registered as an investment adviser representative at Northwestern Mutual Investment Services,Llc
    Sep 15, 2026 · Advisor registered · fact
  • Louis Cuomo registered as an investment adviser representative at Northwestern Mutual Investment Services,Llc
    Sep 15, 2026 · Advisor registered · fact
  • Tyler Cameron Norby no longer holds an investment adviser registration (last listed at Northwestern Mutual Investment Services,Llc on the 2026-09-14 feed)
    Sep 14, 2026 · Advisor registration ended · derived
  • Allen Paul Gardner Brown no longer holds an investment adviser registration (last listed at Northwestern Mutual Investment Services,Llc on the 2026-09-14 feed)
    Sep 14, 2026 · Advisor registration ended · derived
  • Schanice Lanae' Staples left Northwestern Mutual Investment Services,Llc for Cetera Investment Advisers LLC (registered 2026-09-11)
    Sep 14, 2026 · Advisor changed firm · fact
  • Allen Paul Gardner Brown left Northwestern Mutual Investment Services,Llc for Northwestern Mutual Wealth Management Company (registered 2006-11-16)
    Sep 14, 2026 · Advisor changed firm · fact
  • Diedric Berg left Northwestern Mutual Investment Services,Llc for Fisher Investments (registered 2026-09-15)
    Sep 10, 2026 · Advisor changed firm · fact
  • Rebecca L Bast left Northwestern Mutual Investment Services,Llc for Onepoint Bfg Wealth Partners (registered 2026-09-14)
    Sep 8, 2026 · Advisor changed firm · fact
  • Jean Belcher Gadd left Northwestern Mutual Investment Services,Llc for Onepoint Bfg Wealth Partners (registered 2026-09-09)
    Sep 2, 2026 · Advisor changed firm · fact
  • Matthew Jeffrey Stehle left Northwestern Mutual Investment Services,Llc for Citizens Securities, Inc. (registered 2026-09-09)
    Aug 31, 2026 · Advisor changed firm · fact
  • Ryan Landmark left Northwestern Mutual Investment Services,Llc for Osaic Wealth, Inc. (registered 2026-08-31)
    Aug 31, 2026 · Advisor changed firm · fact
  • Lauri Ann Smith left Northwestern Mutual Investment Services,Llc for Trajan Wealth, L.L.C. (registered 2026-08-31)
    Aug 28, 2026 · Advisor changed firm · fact
  • Theodore J. Kuczarski left Northwestern Mutual Investment Services,Llc for Onepoint Bfg Wealth Partners (registered 2026-09-04)
    Aug 25, 2026 · Advisor changed firm · fact
  • 2 advisors left Northwestern Mutual Investment Services,Llc (Tampa, FL) for Onepoint Bfg Wealth Partners within 8 days
    Aug 25, 2026 · Team lift-out · derived
  • Olivia Denise Payne left Northwestern Mutual Investment Services,Llc for Cwm, Llc (registered 2026-08-17)
    Aug 20, 2026 · Advisor changed firm · fact
  • Kurt William Mattson left Northwestern Mutual Investment Services,Llc for Cwm, Llc (registered 2026-08-17)
    Aug 17, 2026 · Advisor changed firm · fact
  • 2 advisors left Northwestern Mutual Investment Services,Llc (Atlanta, GA) for Cwm, LLC within 3 days
    Aug 17, 2026 · Team lift-out · derived
  • Steven Cook left Northwestern Mutual Investment Services,Llc for Global Retirement Partners Llc (registered 2026-08-18)
    Aug 6, 2026 · Advisor changed firm · fact
  • Karina Lynn Maher Viles left Northwestern Mutual Investment Services,Llc for Retirement Evolutions Wealth Management Llc (registered 2026-08-21)
    Aug 3, 2026 · Advisor changed firm · fact
  • Samuel G Moscatelli left Northwestern Mutual Investment Services,Llc for U.S. Bancorp Advisors, Llc (registered 2026-09-08)
    Jul 30, 2026 · Advisor changed firm · fact
  • Jacob Dean Sonne left Northwestern Mutual Investment Services,Llc for Mml Investors Services, Llc (registered 2026-07-28)
    Jul 28, 2026 · Advisor changed firm · fact
  • Christopher Glenn Thomason left Northwestern Mutual Investment Services,Llc for Mai Capital Management, Llc (registered 2026-08-17)
    Jul 28, 2026 · Advisor changed firm · fact
  • Tyler Franks left Northwestern Mutual Investment Services,Llc for Lpl Enterprise, Llc (registered 2026-08-12)
    Jul 24, 2026 · Advisor changed firm · fact
  • Zachary J Soper left Northwestern Mutual Investment Services,Llc for Thrivent Investment Management Inc. (registered 2026-09-10)
    Jul 24, 2026 · Advisor changed firm · fact
  • Jonathan Villalona left Northwestern Mutual Investment Services,Llc for Morgan Stanley (registered 2026-07-21)
    Jul 13, 2026 · Advisor changed firm · fact
  • Pierluigi Neri left Northwestern Mutual Investment Services,Llc for Morgan Stanley (registered 2026-07-21)
    Jul 10, 2026 · Advisor changed firm · fact
  • Daniel L Anderson left Northwestern Mutual Investment Services,Llc for Foguth Wealth Management, Llc. (registered 2026-07-24)
    Jul 9, 2026 · Advisor changed firm · fact
  • Brian Reith Patterson left Northwestern Mutual Investment Services,Llc for Advisors Capital Management, Llc (registered 2026-07-24)
    Jul 1, 2026 · Advisor changed firm · fact
  • Alexandra Eisenberger left Northwestern Mutual Investment Services,Llc for Edward Jones (registered 2026-06-02)
    Jun 26, 2026 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
LINKEDIN.COM/COMPANY/NORTHWESTERN-MUTUALreportedpublic record, Form ADV, Sep 18, 2026
Website
NORTHWESTERNMUTUAL.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
866-950-4644reportedpublic record, Form ADV, Mar 31, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
No RAUM reportedderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026