Northwestern Mutual Investment Services, LLC Securities Attorney

The investment lawyers at Gana LLP represent individuals and institutional customers in claims against financial institutions, such as Northwestern Mutual Investment Services, LLC (Northwestern). Many investors are unaware that there are law firms that can analyze your account activity and determine if your broker engaged in wrongdoing. Our firm’s focus is on investigating brokerage misconduct such as breach of fiduciary duty, unsuitable investments strategies, unauthorized trading activity, and failure to supervise.

Northwestern is affiliated with, under common control, or otherwise performs business under the company names NML Equity Services, Inc. and Northwestern Mutual Investment Services, Inc.

Northwestern is a financial services organization based in Milwaukee, Wisconsin. Northwestern’s products include life insurance, annuities, mutual funds, and employee benefit services. Northwestern also brokerage services for investments, financial planning, estate planning, trusts, business needs, retirement, and employee benefits.

Northwestern – By the Numbers:

  • CRD# 2881
  • SEC# 8-14088
  • 7 Regulatory Events
  • Revenue: $23 billion – 2010
  • Representatives: 5,939

Northwestern – In the News:

In the Matter of Northwestern, FINRA (Sept. 2, 2009) – The Financial Industry Regulatory Authority (FINRA) entered into settlements with three firms to settle charges relating to the sale of auction rate securities (ARS). Northwestern Mutual Investment Services, LLC, was fined $200,000 and all three firms agreed to repurchase ARS sold to their customers where the auctions for the ARS had failed. Northwestern agreed to repurchase approximately $103 million.

In the Matter of Northwestern, NASD (Jun. 28, 2007) – NASD fined MML Investors Services, Inc., $473,000 for improper Class B share sales. The NASD also fined Northwestern Mutual Investment Services, LLC, $100,000 for failure to have adequate supervisory systems and procedures to ensure that clients received Net Asset Value (NAV) pricing under the firm’s NAV transfer programs. MML and Northwestern also provided additional remediation to customers who qualified for the NAV transfer programs.

Our firm is experienced in resolving securities claims against brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.