CRD #2881 · FINRA BrokerCheck + SEC IAPD

Northwestern Mutual Investment Services, LLC

According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Northwestern Mutual Investment Services, LLC ranks #632 of 20,055 by disclosure count (most disclosures first). Among firms registered in WI, it ranks #2 of 23 on the same disclosure sort used on the state browse page. Northwestern Mutual Investment Services, LLC carries 11 BrokerCheck disclosures across 1,077 branch offices - light load for a national firm, earning a Grade B.

Verify on FINRA BrokerCheck → Browse all firms
Grade B
Safety grade
1,077
branch offices
11
disclosures
#632 of 20,055
disclosure rank · graded

FINRA BrokerCheck disclosure docket

CRD record 2881 Northwestern Mutual Investment Services, LLC

Northwestern Mutual Investment Services, LLC · Grade B · 11 disc · 0.01/office · National firm

  • CRD 2881
  • GRADE B
  • DISC 11
  • REG 10
  • ARB 1
  • CIV 0
  • BRANCH 1,077
  • PER-OFF 0.01
  • RANK #632 of 20,055
  • BOOK National firm

Intensity peers

Nearest same-size peer: Truist Investment Services, Inc. (0.01 disc/office)

Truist Investment Servi…0.01Principal Securities, Inc.0.01PNC Wealth Management LLC0.01Northwestern Mutual… (this)0.01
Disclosures per office among national firm peers (lower is cleaner)

Northwestern Mutual Investment Services, LLC ranks #632 of 20,055 by disclosure count among graded broker-dealers; light load at 0.01 disclosures per office. Verify on FINRA BrokerCheck →

PlainAdvisorCheck rating 4/5 - an editorial, size-normalized signal, not a regulatory determination. Always verify the underlying record on FINRA BrokerCheck before engaging an advisor.

Data updated July 2026

Branch offices

1,077 offices

FINRA: Large firm

Total disclosures

11 events

On FINRA BrokerCheck

Regulatory events

10 actions

91% of all disclosures

Disclosures per office

0.01 per office

11 ÷ 1,077 offices

Northwestern Mutual Investment Services, LLC vs. every disclosing firm

Disclosures per branch office, the size-normalized signal behind the grade (lower is cleaner)

0 Among the cleanest for its size a cleaner per-office record than 98% of 1,251 disclosing firms

0–0: 314 disclosing firms (25%). This entry sits in this band. 0–1: 159 disclosing firms (13%). Above this entry. 1–1: 301 disclosing firms (24%). Above this entry. 1–1: 40 disclosing firms (3%). Above this entry. 1–1: 140 disclosing firms (11%). Above this entry. 1–2: 32 disclosing firms (3%). Above this entry. 2–2: 65 disclosing firms (5%). Above this entry. 2–2: 9 disclosing firms (1%). Above this entry. 2–2: 72 disclosing firms (6%). Above this entry. 2–3: 14 disclosing firms (1%). Above this entry. 3–3: 24 disclosing firms (2%). Above this entry. 3–3: 6 disclosing firms (0%). Above this entry. 3–3: 32 disclosing firms (3%). Above this entry. 3–4: 5 disclosing firms (0%). Above this entry. 4–4: 10 disclosing firms (1%). Above this entry. 4–4: 3 disclosing firms (0%). Above this entry. 4–4: 9 disclosing firms (1%). Above this entry. 4–5: 3 disclosing firms (0%). Above this entry. 5–5: 11 disclosing firms (1%). Above this entry. 5–5: 2 disclosing firms (0%). Above this entry. This firm 0 5 every disclosing firm, by disclosures per office, bucketed by value

Each bar is a band; taller bars hold more disclosing firms. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FINRA BrokerCheck · SEC IAPD · 2026

Disclosure Breakdown

Disclosure Type Count
Regulatory Events 10
Arbitrations 1
Civil Events 0
Total 11

Counts for Northwestern Mutual Investment Services, LLC reflect events reported on FINRA BrokerCheck as of July 2026. Disclosures are reported events, not proven violations.

Disclosure category share

Regulatory 10 Arbitration 1 Civil 0

Firm Details

Firm Size
Large
Scope
ACTIVE
Location
Milwaukee, WI
CRD Number
2881

Lower disclosures per office

Northwestern Mutual Investment Services, LLC in the heavier-disclosure third

Northwestern Mutual Investment Services, LLC carries 11 BrokerCheck disclosures across 1,077 branch offices - a heavier-third raw book among graded firms (#632 of 20,055). Regulator-initiated events are 91% of the book (10 regulatory / 1 arbitration / 0 civil).

Northwestern Mutual Investment Services, LLC runs 0.01 disclosures per branch office (cleaner than 98% of disclosing multi-office firms). Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.

Educational summary of Northwestern Mutual Investment Services, LLC's disclosure book - not financial advice. Disclosures are reported events, not proven violations; consult a licensed advisor before decisions.

Wisconsin cohort · 2.09× state average

Northwestern Mutual Investment Services, LLC sits above the Wisconsin disclosure average

Northwestern Mutual Investment Services, LLC reports 11 BrokerCheck disclosures, 2.09× the Wisconsin average of 5.3 across 23 graded firms with a principal-office state on file.

In Wisconsin, 7 firms carry Grade A and 0 carry Grade F on the same size-normalized scale.

Average uses graded firms with a principal-office state on file, not a full 50-state census. Open the Wisconsin state book →

Source: FINRA BrokerCheck & SEC IAPD Public Disclosure Data

Frequently Asked Questions

Where does Northwestern Mutual Investment Services, LLC sit among graded broker-dealers by disclosure count?
According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Northwestern Mutual Investment Services, LLC ranks #632 of 20,055 by disclosure count (most disclosures first). Among firms registered in WI, it ranks #2 of 23 on the same disclosure sort used on the state browse page. Ordinals match the disclosure-first sort documented on our methodology corpus-placement section. A high disclosure rank is not automatically a finding of wrongdoing; larger firms accumulate more reported events. Always review the underlying FINRA BrokerCheck detail before engaging.
What does a grade of B mean for Northwestern Mutual Investment Services, LLC?
A grade of B reflects Northwestern Mutual Investment Services, LLC's disclosure intensity, its weighted disclosure load per branch office, ranked against other firms of a similar size (national firm). It carries 11 total disclosures across 1,077 branch offices. Review the specific disclosures on FINRA BrokerCheck before engaging.
How many FINRA disclosures does Northwestern Mutual Investment Services, LLC have?
Northwestern Mutual Investment Services, LLC has 11 total FINRA disclosures, including 10 regulatory events, 1 arbitration. Disclosures reflect reported events on FINRA BrokerCheck and do not necessarily indicate proven violations.
How big is Northwestern Mutual Investment Services, LLC?
Northwestern Mutual Investment Services, LLC operates 1,077 branch offices and is classified by FINRA as a large firm, registered in WI (National firm). FINRA BrokerCheck publishes branch-office counts but not a firmwide registered-representative headcount, so PlainAdvisorCheck measures firm size by branch footprint.
Where can I verify Northwestern Mutual Investment Services, LLC's disciplinary record?
You can verify Northwestern Mutual Investment Services, LLC's full disciplinary history on FINRA BrokerCheck at brokercheck.finra.org using CRD number 2881. BrokerCheck provides detailed information about individual registered representatives, complaints, and regulatory actions.
What is a FINRA disclosure?
A FINRA disclosure is a reported event (regulatory, arbitration, or civil). Northwestern Mutual Investment Services, LLC's 11 events mean reading the underlying BrokerCheck detail matters more than the raw count alone.
Should I avoid Northwestern Mutual Investment Services, LLC because of its disclosures?
Not necessarily. Larger firms accumulate more disclosures simply because they operate more offices, so PlainAdvisorCheck grades each firm against same-size peers rather than on raw counts. Northwestern Mutual Investment Services, LLC carries 11 disclosures across 1,077 branch offices (about 0.01 per office). Review the nature of individual disclosures on FINRA BrokerCheck before making a decision.

Nationwide peers by disclosures or branches

Two PlainAdvisorCheck-derived peer sets for Northwestern Mutual Investment Services, LLC, both outside WI so the neighborhoods are not state containment (the same-size intensity list below stays size-tier local).

Similar disclosure totals

Nearest cross-state graded firms by BrokerCheck disclosure count (11 here).

Liquidnet, Inc. · NY 11 disc. Bulltick, LLC · FL 11 disc. Optiver US LLC · IL 11 disc. Money Concepts Capital Corp · FL 11 disc.

Read with this firm

  • Truist Investment Services, Inc. (GA) - 0.01 disclosures/office, nearest national firm peer to Northwestern Mutual Investment Services, LLC's 0.01
  • Principal Securities, Inc. (IA) - 0.01 disclosures/office, nearest national firm peer to Northwestern Mutual Investment Services, LLC's 0.01
  • PNC Wealth Management LLC (PA) - 0.01 disclosures/office, nearest national firm peer to Northwestern Mutual Investment Services, LLC's 0.01
  • Firms in WI - state roster that includes Northwestern Mutual Investment Services, LLC's registration home.
  • How to Vet a Financial Advisor - Due diligence checklist when reviewing a Grade B firm like Northwestern Mutual Investment Services, LLC.
  • Reading BrokerCheck Reports - How Northwestern Mutual Investment Services, LLC's 0.01 disclosures-per-office figure is derived.
  • Most Disclosures - Raw disclosure-volume leaders for context next to Northwestern Mutual Investment Services, LLC.
  • Compare firms - put Northwestern Mutual Investment Services, LLC next to peers on grade and footprint.

Read our methodology - heavier-disclosure firms: how raw counts and per-office intensity are graded.

Retrieved and formatted by PlainAdvisorCheck from FINRA BrokerCheck public records.