Our culture is a unique driver of our long-term success here at Northwestern Mutual. We recognize that our ability to succeed as a financial industry leader deeply relies on our culture of inclusion and respect. A diverse and inclusive environment is one of our key growth strategies—that’s why we laid out a 15-year diversity and inclusion roadmap back in 2012 specifying that these priorities, behaviors, and initiatives be woven throughout our operations.
We’re committed to ensuring that every office across the country is a place where each member of our workforce can contribute creative ideas, seek challenges, assume leadership, and be valued contributors to the company’s and their own success. We act on this commitment every day by creating community through inclusion, building a diverse talent pipeline, and empowering our people to develop to their full potential. Here’s how we support and grow these key communities:
LGBTQ+
The ideas, opinions, and creativity of our LGBTQ+ workforce are critical to delivering the innovations and solutions our clients need. We are committed to providing a safe and equitable place to work as well as the advice and products our LGBTQ+ clients need.
$50K+ the amount we donate annually to LGBTQ+ community organizations
650+ members across our field offices are active advocates for the LGBTQ+ community
1992 – the year in which Northwestern Mutual has been at the forefront of Transgender Underwriting to respect the way each individual chooses to identify themselves regardless of state government gender category limitations
Asian
The collective insights and creativity of our diverse workforce enables us to deliver culturally relevant services and solutions to our clients. Through cultural understanding, community engagement, and support, we strive to advance financial security across the Asian Community.
700+ the number of field members who identify as Asian—the highest in company history
50%+ the number of Asian financial advisors our community has grown by since 2012 +
We offer bilingual consumer education to drive financial empowerment and strengthen relationships within the Asian community
Hispanic/Latiné
Our success as a financial industry leader is directly rooted in our culture of diversity, inclusion, and respect. The collective ideas, opinions, and creativity of our diverse workforce enable us to deliver the services, innovations, and solutions our clients expect annually. That’s why we’re committed to helping close the wealth gap for Hispanic/Latiné community so all individuals can find relief from financial anxiety.
106% the number of Hispanic financial advisors has grown by since 2012
$2.2M annually - What the Northwestern Mutual Foundation has donated in 2021 and 2022 to organizations that serve the Hispanic community
97 the number of Hispanic leaders in our field force – the largest in company history and the most of any multicultural segment
Black/African American
We’ve strengthened our commitment to the Black/African American community with the creation of our Sustained Action for Racial Equity (SARE) task force. This task force of 80 leaders across the enterprise was formed to accelerate bold, sustainable change and to close the racial wealth gap.
$20M goal to invest in Black/African American entrepreneurs through our Northwestern Mutual Future Ventures fund
Launched new offices in predominantly Black/African American communities to increase financial access and close the racial wealth gap: Harlem, NY | Hyde Park, IL | Prince George’s County, MD
93% the number of Black/African American financial advisors has grown since 2015
Women
We are committed to making Northwestern Mutual the place women choose to join, stay, and grow—whether as clients or as members of our organization. The ideas, perspectives, and creativity of our diverse workforce enable us to deliver the service, innovations, and solutions our clients expect.
44% the number of women leaders our field force has increased by since 2019
2,400+ the number of women and male allies in Northwestern Mutual’s first field-led association dedicated to advancing women in all roles
$20M the amount the Northwestern Mutual Future Ventures Fund has committed to invest in women entrepreneurs across the country
We’re immensely proud to support these communities and are dedicated to improving our efforts even more. We recognize the unique position we’re in to be a leader in creating a culture of belonging and that’s why we’re committed to making Northwestern Mutual a place where everyone can be themselves.