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    • 50 Things I Wish Financial Advisors Knew About Marketing
    • What's A Good Financial Advisor Marketing Budget? Here's What I've Found...
    • 5 Reasons Why Hiring A Financial Advisor Marketing Agency Is A Bad Idea...
    • 5 Elements of High-Converting Landing Pages For Financial Advisors (With Examples)
    • Why "Branding" Is A Terrible Idea For Financial Advisors
    • 9 Inbound Marketing Strategies For Financial Advisors That Are Working Right Now... (With Proof)
    • Financial Advisors: Here's How To Get 3 New Clients In The Next 30 Days...
    • I Analyzed The Websites Of Barron’s Top 100 Independent Financial Advisors: Here’s What They Do Differently…
    • 4 Things I've Learned From Testing 3.2 Million Financial Advisor Emails
    • What Is The Optimal Number Of Clients For A Financial Advisor? (My Answer May Surprise You...)
    • Will Financial Advisors Become Obsolete? (Future Outlook For Financial Advisors)
    • How To Become A Virtual Financial Advisor (Plus Traits And Tools To Help You Work Remotely)
    • An Open Letter To Financial Advisors With Imposter Syndrome (Plus 4 Tips For Overcoming It)
    • How To Overcome Objections As A Financial Advisor (The Right And Wrong Way)
    • 7 Priceless Tips For Financial Advisors Who Want A "Lifestyle" Practice
    • 9 Research-Backed Stress Management Tips For Financial Advisors (That Actually Work)
    • 3 Powerful Ways Financial Advisors Can Use Webinars To Get More Clients
    • 10 Catastrophic Ways Financial Advisors Sabotage Their Own Success
    • These 5 "Weird" Tips Can Help Financial Advisors Form Better Habits
    • 5 Financial Advisor Follow-Up Tips (That Won't Annoy Prospects)
    • How Financial Advisors Can Write A Book (And Use It To Get Clients)
    • 7 Ways To Make Your Financial Planning Firm More Profitable
    • 7 Actionable Goal Setting Tips For Financial Advisors
    • 10 Of My Favorite Productivity Tools For Financial Advisors
    • How Financial Advisors Can Make A Phenomenal First Impression
    • 3 Reasons Financial Advisors Should (And Shouldn't) Start A Podcast
    • Financial Advisors: 4 Reasons Why Buying Leads Is Like Burning Money
    • 11 Tips For Writing A Stellar Financial Advisor Bio (With Examples)
    • 7 Traits Successful Financial Advisors Have (From Someone Who Has Worked With Thousands Of Advisors)
    • 6 Common Financial Advisor Interview Questions (And How To Answer Them)
    • 5 Things Financial Advisors Should Know Before Buying A Book Of Business
    • Looking For A Financial Advisor Internship? Here Are 10 Things You Should Know...
    • How Hard Is The CFP® Exam? (Plus 5 Of My Favorite Tips To Help You Pass)
    • 10 Insurance Marketing Tips, Ideas, and Strategies (That Actually Work)
    • How to Become a Financial Advisor In 5 (Not So Easy) Steps
    • How To Make Six Figures As A Financial Advisor
    • 11 Lucrative Cold Calling Tips for Financial Advisors
    • 10 Things I Wish All Entry Level Financial Advisors Knew
    • 6 Video Marketing Tips for Financial Advisors: Why Video Marketing Is So Powerful
    • 7 Reasons Why Most Financial Advisor Sales Training Completely Fails
    • Pros and Cons of Financial Advisor Coaching - Should Financial Advisors Hire a Coach?
    • 9 Elevator Speech Tips for Financial Advisors
    • A Day In The Life of a Financial Advisor: 7 Things You Can Expect
    • 7 Awesome Content Marketing Tips for Financial Services
    • Pros and Cons of Being a Financial Advisor: The Dirty Details Nobody Tells You
    • 8 Things Nobody Tells You About Being a Financial Advisor
    • 10 Things Financial Advisors Wish They Could Do Differently
    • 10 Awesome Content Marketing Tips for Financial Advisors
    • 12 Best Financial Planning Questions to Ask Clients
    • 5 Online Reputation Management Tips for Financial Advisors
    • Here's Why Clients Fire Financial Advisors
    • 5 Things Financial Advisors Should Never Do With Their Clients
    • 9 Cold Email Tips for Financial Advisors
    • 7 Tips for Avoiding Burnout as a Financial Advisor
    • 9 Tips for Creating a Financial Advisor Business Plan
    • 7 Must-Know Google Ads Tips for Financial Advisors
    • 7 Awesome Tech Tools for Financial Advisors
    • 10 Insurance Email Marketing Mistakes You Need to Avoid
    • 12 Facebook Marketing Tips for Financial Advisors
    • 3 Lessons From An Advisor Losing $1,000 Every Day
    • 7 Easy & Actionable Social Media Marketing Tips for Financial Advisors
    • 7 Door-to-Door and Cold Knocking Tips for Financial Advisors
    • 5 Things People Really Want From Financial Advisors
    • 5 Client Loyalty Strategies to Help You Retain More Clients
    • 7 Client Referral Ideas to Help You Get More Referrals
    • 8 Tips for Attracting UHNW Clients (With Proof That They Work)
    • Top 10 Best Books for Insurance Agents (2020)
    • 15 Financial Advisor Prospecting Ideas & Techniques That Work!
    • 11 Awesome Client Appreciation Event Ideas for Financial Advisors
    • Life Insurance Leads - Should You Buy Them?
    • 5 Ways Financial Advisors Can Improve Direct Mail Marketing Results
    • 7 Reasons You'll Fail as an Insurance Agent
    • 7 Horrible Insurance Marketing Ideas
    • 5 SEO Strategies For Financial Advisors (That Actually Work)
    • Social Media Tips for Financial Advisors: Experts Weigh In
    • The Secret Behind Awesome Financial Advisor Value Propositions (Plus Examples)
    • 5 Tips for How to Sell Insurance Over the Phone
    • 15-Step Client Onboarding Checklist: Onboarding Process for Financial Services
    • The Best CRM for Financial Advisors (CRM Software for Financial Services)
    • 10 Actionable Seminar Marketing Tips for Financial Advisors (That Actually Work)
    • 9 Effective Appointment Setting Tips for Financial Advisors
    • 19 Financial Advisor Email Marketing Tips
    • 5 Ways to Overcome Call Reluctance
    • How to Handle Rejection In Sales: Overcoming Your Fear of Rejection
    • 7 Reasons Why Most Financial Advisor Websites Are Terrible
    • 27 Financial Advisor Marketing Ideas & Strategies That Work!
    • How to Become a Successful Financial Advisor: Your First Year
    • Top 10 Best Books for Financial Advisors
    • 7 Fatal Prospecting Mistakes You Can't Afford to Make
    • 5 Ways to Generate Leads Without Cold Calling
    • 7 Ways Prospecting Is Like Dating
    • 5 Reasons Why You're Not Getting Referrals
    • 5 LinkedIn Tips for Financial Advisors (Plus 3 Things They Should Be Tracking...)
    • How Financial Advisors Can Build Client Trust
    • 11 Reasons You'll Fail as a Financial Advisor
    • How Financial Advisors Can Make More Money
    • 5 Best Niches for Financial Advisors
    • How to Sell Without Being Pushy
    • How Advisors Can Get Out of Their Comfort Zone
    • 5 Characteristics of Successful Insurance Agents
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Why I Love Northwestern Mutual Financial Advisors: A Confession...

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Hello - if you’ve never heard of me before, my name is James Pollard. I’m known as the guy who helps financial advisors get more clients. 

I’m extremely proud of the work I’ve done over the years to help advisors. I’ve built a sizeable email list, a good-sized podcast audience, and a nice subscriber base with my Inner Circle newsletter. 

I don’t tell you that to brag about me. In fact, I’m telling you these things to brag about other people. Specifically, Northwestern Mutual financial advisors. 

Why them? 

Well, I was going through my email list a few nights ago and I noticed a LOT of Northwestern Mutual email addresses… and they seemed to be more active than financial advisors from other companies.

Hmmm… I decided to do some digging. 

I went back to my email archives and found lots of questions from Northwestern Mutual financial advisors. There’s something about their culture which fosters learning, investing in yourself, and continuous self-improvement. It was great to see.

Why Northwestern Mutual Is A Great Company

Northwestern Mutual has earned the highest financial strength rating awarded to any U.S. life insurer by all the major rating agencies. This is one of the first things people look for when choosing an insurance company, mainly so they can sleep well at night. 

Yet, sheer financial strength isn’t the only thing making this company shine - it’s the people within. After all, a company is only as strong as the people in it, and Northwestern Mutual has been putting its clients first since day one. 

On their website, I found a cool story about how in 1859, an ox and a passenger train collided in Wisconsin. Two of Northwestern Mutual’s policy owners were killed in the wreck. The claims totaled $3,500.

The problem? 

The two-year-old company only had $2,000 cash on hand. 

So, President Samuel S. Daggett and his fellow trustees PERSONALLY borrowed the money to settle claims. 

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Stupid ox... :-)
What an amazing story… and it goes to illustrate how much this company cares about its clients, a culture that is still going strong today. 

I’ve been fortunate enough to witness firsthand the genuine, respect, love, and support their financial advisors have for their clients. Because while I’m the one helping financial advisors, the financial advisors are the ones helping their clients. It’s a beautiful thing to watch. 

Some of the negative reviews about Northwestern Mutual talk about how the financial advisors push whole life insurance policies. However, the financial advisors I’ve encountered are careful to make sure it’s a good fit because whole life honestly isn’t a good fit for some people. And if your financial advisor tries to smash a square peg into a round hole, you should run away as quickly as possible. 

My Advice For Northwestern Mutual Financial Advisors

Because I have such a large following of Northwestern Mutual financial advisors, I decided to create this piece of content geared specifically for them. 

Some of the advisors have told me that Northwestern sends them leads they get from the company website. I don’t know if that’s true or not, but if it is, I would recommend finding some other way to generate leads because there likely isn’t a large amount of traffic funneling back to the individual advisor. 

Also, other advisors have told me about how they run a free financial analysis for their clients each year. I think this is a great idea and it’s a wonderful service to offer to clients. 

One of the most things all financial advisors can do - not just Northwestern Mutual’s - is to keep in touch with their clients. After all, one of the biggest reasons people leave their financial advisors is because of a lack of communication. If you’re a financial advisor and you aren’t staying in touch with people after they become clients, you’re doing them (and you) a disservice. 

If you’re interested in learning more about client retention, I encourage you to check out How To Keep Your Clients. Shameless plug, I know… but it’s a unique resource that’s all about keeping your clients. :-) 

One thing I wish I could tell all Northwestern Mutual financial advisors is to focus on a niche. Don’t get roped into this idea of selling to your family and friends. You will lose a lot of friends, especially if they aren’t a good fit for your services. I know some “experts” and “gurus” talk about leveraging your “power base” but don’t do it. 

Selling to your friends and family can be a slippery slope. Because on one hand, they want you to succeed. Yet, they hate to say no, so if they’re not interested they will likely string you along with good intentions because they don’t know how to reject you, their friend, without hurting your feelings. 

Look at it from the friend’s point of view. You call him up and ask to take him out to lunch or coffee so you can “catch up”. Maybe you even offer to pay. Then, when you get there, you ask him if he’s given any thought to securing his financial future… 

Say what…?? 

Also, don’t get suckered into this idea of selling to anyone with a pulse. When you hone in on a niche, you get a clear view of what you need to do to get more clients.

For example, one advisor I know has built his business around helping teachers insure themselves and plan for retirement. This advisor is finding his clients and reaching out to them almost exclusively with LinkedIn. 

 When you think about this, it's really a brilliant strategy because he can search for "teachers" on LinkedIn and find people right at his fingertips. Plus, because his headline explains that he specializes in working with them, any teachers who view his profile will see right away that he serves them specifically. 

Another advisor from Cleveland, Ohio also specialized in working with teachers. However, he emailed me and told me that he couldn't find anyone in that niche. 

(That alone is an important lesson in attitude... one advisor has a "can do" attitude and the other one has a "can't do" attitude... which one do you think will succeed?) 

Anyway, I went over to LinkedIn, typed in "teacher" and then refined my search to Cleveland.

Guess what I found? 

47,503 results. 

Yes... more than 47 THOUSAND people have the keyword "teacher" in their profile... all in this advisor's location. So, the idea that you can't find your target market is one of the biggest myths out there. 

And let's assume I'm 90% wrong. That would mean there's only 4,700 teachers who are active on LinkedIn in this guy's geographic area. Let's assume you only turn 1% of THOSE people into clients. That's still 47 new clients. That's nothing to sneeze at and it's a fantastic way to build your business over the long-term. 

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47 thousand teachers in Cleveland alone... the idea that you can't find a niche is a myth...

Reality Check...

I recently had a conversation with a young financial advisor (not a Northwestern Mutual financial advisor) who told me he was tired of the vague, “build your own success” jargon that’s prevalent in the industry. 

I agree with him. 

Why? 

Because “personal development” can’t be measured. If you’re serious about growing your book of business and getting more clients, you already understand how important it is to have specific, measurable results. 

If you’re going to get into the industry, steer clear of the people who will do nothing but try to “inspire!” and “motivate!” you. Instead, focus on the people who can deliver real, tangible results. 

ALSO READ: 10 Things I Wish All Entry-Level Financial Advisors Knew

"Aren't Financial Advisors Just Glorified Salespeople?"

Simply blowing off financial advisors as mere salespeople is a bit of an exaggeration. Yes, they get compensated by selling stuff (whether it’s a product, their time, their expertise, etc.) but I would argue that most advisors truly act in the best interest of their clients and are putting them in a substantially better position. 

In other words, they’re making a positive impact in the world. 

Besides, everything is selling. Even receptionists are salespeople to a degree. When you visit a company and are greeted with a warm smile, that receptionist is “selling” you on the idea that the company is a great one to do business with. 

Everyone has to get paid somewhere. The key is transparency. If you get paid a commission from selling a product, be transparent about it. People don’t have a problem doing business with people who earn commissions - if that was the case, real estate agents wouldn’t exist. People have a problem doing business with people who shy away from clearly explaining how they get compensated when they’re asked. 

Being A Northwestern Mutual Financial Advisor Teaches You Valuable Skills

Northwestern Mutual financial advisors have told me that their job has helped them develop two valuable skills… 

The first one is the ability to have a face-to-face meeting. Because financial advisors often talk about uncomfortable topics, these meetings can be difficult for some. However, with the proper training, a proven system, and some good ol’ fashioned experience, they get easier. 

The second skill is the ability to be a self-starter. That means being a Northwestern Mutual financial advisor isn’t for everyone. A self-starter is someone motivated and ambitious enough to do things without being pushed. 

The best financial advisors are the ones who take initiative and build their business without anyone breathing down their neck. They know what they want and they’re willing to go after it with boundless determination.
MORE THAN 50,000 FINANCIAL ADVISORS SERVED... ARE YOU NEXT? CLICK HERE TO LEARN MORE. 
RESOURCES
"Financial Advisor Marketing" Podcast​
How to Get Clients With LinkedIn
The James Pollard Inner Circle Newsletter
Appointments On Autopilot
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27 Financial Advisor Marketing Ideas & Strategies That Work!
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  • Home
  • Get Clients With LinkedIn
  • Webinar
  • For New Advisors
  • Products
  • Inner Circle
  • Blog
    • 50 Things I Wish Financial Advisors Knew About Marketing
    • What's A Good Financial Advisor Marketing Budget? Here's What I've Found...
    • 5 Reasons Why Hiring A Financial Advisor Marketing Agency Is A Bad Idea...
    • 5 Elements of High-Converting Landing Pages For Financial Advisors (With Examples)
    • Why "Branding" Is A Terrible Idea For Financial Advisors
    • 9 Inbound Marketing Strategies For Financial Advisors That Are Working Right Now... (With Proof)
    • Financial Advisors: Here's How To Get 3 New Clients In The Next 30 Days...
    • I Analyzed The Websites Of Barron’s Top 100 Independent Financial Advisors: Here’s What They Do Differently…
    • 4 Things I've Learned From Testing 3.2 Million Financial Advisor Emails
    • What Is The Optimal Number Of Clients For A Financial Advisor? (My Answer May Surprise You...)
    • Will Financial Advisors Become Obsolete? (Future Outlook For Financial Advisors)
    • How To Become A Virtual Financial Advisor (Plus Traits And Tools To Help You Work Remotely)
    • An Open Letter To Financial Advisors With Imposter Syndrome (Plus 4 Tips For Overcoming It)
    • How To Overcome Objections As A Financial Advisor (The Right And Wrong Way)
    • 7 Priceless Tips For Financial Advisors Who Want A "Lifestyle" Practice
    • 9 Research-Backed Stress Management Tips For Financial Advisors (That Actually Work)
    • 3 Powerful Ways Financial Advisors Can Use Webinars To Get More Clients
    • 10 Catastrophic Ways Financial Advisors Sabotage Their Own Success
    • These 5 "Weird" Tips Can Help Financial Advisors Form Better Habits
    • 5 Financial Advisor Follow-Up Tips (That Won't Annoy Prospects)
    • How Financial Advisors Can Write A Book (And Use It To Get Clients)
    • 7 Ways To Make Your Financial Planning Firm More Profitable
    • 7 Actionable Goal Setting Tips For Financial Advisors
    • 10 Of My Favorite Productivity Tools For Financial Advisors
    • How Financial Advisors Can Make A Phenomenal First Impression
    • 3 Reasons Financial Advisors Should (And Shouldn't) Start A Podcast
    • Financial Advisors: 4 Reasons Why Buying Leads Is Like Burning Money
    • 11 Tips For Writing A Stellar Financial Advisor Bio (With Examples)
    • 7 Traits Successful Financial Advisors Have (From Someone Who Has Worked With Thousands Of Advisors)
    • 6 Common Financial Advisor Interview Questions (And How To Answer Them)
    • 5 Things Financial Advisors Should Know Before Buying A Book Of Business
    • Looking For A Financial Advisor Internship? Here Are 10 Things You Should Know...
    • How Hard Is The CFP® Exam? (Plus 5 Of My Favorite Tips To Help You Pass)
    • 10 Insurance Marketing Tips, Ideas, and Strategies (That Actually Work)
    • How to Become a Financial Advisor In 5 (Not So Easy) Steps
    • How To Make Six Figures As A Financial Advisor
    • 11 Lucrative Cold Calling Tips for Financial Advisors
    • 10 Things I Wish All Entry Level Financial Advisors Knew
    • 6 Video Marketing Tips for Financial Advisors: Why Video Marketing Is So Powerful
    • 7 Reasons Why Most Financial Advisor Sales Training Completely Fails
    • Pros and Cons of Financial Advisor Coaching - Should Financial Advisors Hire a Coach?
    • 9 Elevator Speech Tips for Financial Advisors
    • A Day In The Life of a Financial Advisor: 7 Things You Can Expect
    • 7 Awesome Content Marketing Tips for Financial Services
    • Pros and Cons of Being a Financial Advisor: The Dirty Details Nobody Tells You
    • 8 Things Nobody Tells You About Being a Financial Advisor
    • 10 Things Financial Advisors Wish They Could Do Differently
    • 10 Awesome Content Marketing Tips for Financial Advisors
    • 12 Best Financial Planning Questions to Ask Clients
    • 5 Online Reputation Management Tips for Financial Advisors
    • Here's Why Clients Fire Financial Advisors
    • 5 Things Financial Advisors Should Never Do With Their Clients
    • 9 Cold Email Tips for Financial Advisors
    • 7 Tips for Avoiding Burnout as a Financial Advisor
    • 9 Tips for Creating a Financial Advisor Business Plan
    • 7 Must-Know Google Ads Tips for Financial Advisors
    • 7 Awesome Tech Tools for Financial Advisors
    • 10 Insurance Email Marketing Mistakes You Need to Avoid
    • 12 Facebook Marketing Tips for Financial Advisors
    • 3 Lessons From An Advisor Losing $1,000 Every Day
    • 7 Easy & Actionable Social Media Marketing Tips for Financial Advisors
    • 7 Door-to-Door and Cold Knocking Tips for Financial Advisors
    • 5 Things People Really Want From Financial Advisors
    • 5 Client Loyalty Strategies to Help You Retain More Clients
    • 7 Client Referral Ideas to Help You Get More Referrals
    • 8 Tips for Attracting UHNW Clients (With Proof That They Work)
    • Top 10 Best Books for Insurance Agents (2020)
    • 15 Financial Advisor Prospecting Ideas & Techniques That Work!
    • 11 Awesome Client Appreciation Event Ideas for Financial Advisors
    • Life Insurance Leads - Should You Buy Them?
    • 5 Ways Financial Advisors Can Improve Direct Mail Marketing Results
    • 7 Reasons You'll Fail as an Insurance Agent
    • 7 Horrible Insurance Marketing Ideas
    • 5 SEO Strategies For Financial Advisors (That Actually Work)
    • Social Media Tips for Financial Advisors: Experts Weigh In
    • The Secret Behind Awesome Financial Advisor Value Propositions (Plus Examples)
    • 5 Tips for How to Sell Insurance Over the Phone
    • 15-Step Client Onboarding Checklist: Onboarding Process for Financial Services
    • The Best CRM for Financial Advisors (CRM Software for Financial Services)
    • 10 Actionable Seminar Marketing Tips for Financial Advisors (That Actually Work)
    • 9 Effective Appointment Setting Tips for Financial Advisors
    • 19 Financial Advisor Email Marketing Tips
    • 5 Ways to Overcome Call Reluctance
    • How to Handle Rejection In Sales: Overcoming Your Fear of Rejection
    • 7 Reasons Why Most Financial Advisor Websites Are Terrible
    • 27 Financial Advisor Marketing Ideas & Strategies That Work!
    • How to Become a Successful Financial Advisor: Your First Year
    • Top 10 Best Books for Financial Advisors
    • 7 Fatal Prospecting Mistakes You Can't Afford to Make
    • 5 Ways to Generate Leads Without Cold Calling
    • 7 Ways Prospecting Is Like Dating
    • 5 Reasons Why You're Not Getting Referrals
    • 5 LinkedIn Tips for Financial Advisors (Plus 3 Things They Should Be Tracking...)
    • How Financial Advisors Can Build Client Trust
    • 11 Reasons You'll Fail as a Financial Advisor
    • How Financial Advisors Can Make More Money
    • 5 Best Niches for Financial Advisors
    • How to Sell Without Being Pushy
    • How Advisors Can Get Out of Their Comfort Zone
    • 5 Characteristics of Successful Insurance Agents
  • Contact