Northwestern Mutual's The McTigue Financial Group in Oak Brook aims to add eleven financial representatives and ten financial representative interns in 2014. The effort is part of Northwestern Mutual's nationwide goal to actively grow its field force to keep pace with increasing demand locally for financial security guidance, products and services. Local demand reflects the need nationwide, with research showing 63 percent of Americans believe their overall financial planning needs improvement and half have no plan in place, according to the 2013 Planning and Progress Study.
"We're seeing a need across all ages for a tailored planning approach to asset protection, growth and savings," said John W. McTigue, Managing Partner, The McTigue Financial Group. "Our recruiting efforts are a direct result of that demand."
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McTigue added that when people are looking for guidance, Northwestern Mutual's history of financial strength and industry-leading dividends* offers clients a strong, reliable foundation.
Northwestern Mutual expects more than half of new financial representatives in 2014 will be "career changers" - professionals who believe they have reached the ceiling in their current occupation and are looking for an opportunity to grow.
"Individuals are hungry for financial guidance, and for those with the right background, now is an ideal time to pursue a career in financial planning," said Corey McQuade, Managing Director of The McTigue Financial Group's Oak Brook district office. "We find new financial representatives are motivated by the rewards Northwestern Mutual offers and our commitment to helping people realize their financial goals."
Company and Office Receives Numerous Honors
For five straight years The McTigue Financial Group has been named one of the Best Places to Work in Chicago, according to Crain's Chicago Business (2009-2013).
The McTigue Financial Group has also been the recipient of Northwestern Mutual's Team Award for the past four years. This company award recognizes superior leadership in new financial representative recruiting, development and retention.
Northwestern Mutual was one of the "World's Most Admired" life insurance companies in 2013, according to FORTUNE® magazine (FORTUNE® magazine, Feb. 28 2013). Its financial representatives are some of the most satisfied in the industry according to J.D. Power and Associates' 2013 U.S. Financial Advisor Satisfaction Study.
Northwestern Mutual also received the following recognitions:
• Recognized in Training Magazine's "Training Top 125" as having one of the best training and development programs in the country. (February 2014)
• Awarded highest financial strength ratings to any life insurer by all four of the major credit rating agencies: A.M. Best Company A++ (highest), 4/2013; Fitch Ratings AAA (highest), 1/2014; Moody's Investors Service Aaa (highest), 1/2014; Standard & Poor's AA+ (second highest), 6/2013. Ratings are subject to change.
• Recognized as a top 10 biggest independent broker-dealer, as measured by total annual revenues, in leading investment industry publications Investment Advisor magazine (June 2013), Financial Planning magazine (June 2013) and Financial Advisor magazine. (April 2013)
• Ranked first in the insurance industry and 11th overall among service companies in Selling Power Magazine's annual "50 Best Companies to Sell For Now" list. (Oct/Nov/Dec 2013)
About The McTigue Financial Group
The McTigue Financial Group is a Northwestern Mutual office providing expert guidance in life insurance, investment products and services, retirement and estate planning, education funding and employee benefits. The Oak Brook district office is located at 2015 Spring Road in Oak Brook. To learn more visit
About Northwestern Mutual
Northwestern Mutual is among the "World's Most Admired" life insurance companies in 2013 according to FORTUNE® magazine and has helped clients achieve financial security for more than 156 years. As a mutual company with $1.4 trillion of life insurance protection in force, Northwestern Mutual has no shareholders. The company focuses solely and directly on its clients and seeks to deliver consistent and dependable value to them over time.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company, Milwaukee, WI, and its subsidiaries. Northwestern Mutual and its subsidiaries offer a holistic approach to financial security solutions including: life insurance, long-term care insurance, disability insurance, annuities, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC, broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited purpose federal savings bank; Northwestern Long Term Care Insurance Company; and Russell Investments.
*The policy dividend is reviewed annually by the company's Board of Trustees. Dividends are not guaranteed beyond 2014 and are subject to change.