Waddell & Reed Vs. Northwestern Mutual

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Sep 2, 2011 8:12 pm

Hello everyone,

I am new to this forum, and have already found some helpful information aboout Waddell & Reed (WR) and Northwestern Mutual (NWM), but I have a decision to make next week, and want to make sure that I get other's oppinions before I decide. I have an offer to start at WR and I am in the interviewing proceess at NWM. I have more interest in finance, rather than insurance, and I realize that the first year at NWM would be purely insurance, with a possibility of becoming a financial advisor. I was more impressed by the reputation of NWM, but I feel that I can dive right in at WR and get to the place I want to be.

Does anyone here have experiences with either firms? If so, do you know anything about the differences in their contracts and trianing? I like the $2K per month draw option at WR for the first year, and the fact that NWM pays $4K for training. 

Your responses are greatly appreciated!

Sep 3, 2011 8:00 am

W&R looks like a good platform moving to great.  Go with them, what state are you in?

Jun 7, 2014 11:46 pm

Who did you go with?