Insurer Investment In Coaching Firm Boosts Advisors
January 18, 2018 by Cyril Tuohy
Northwestern Mutual’s investment in business coaching firm ClientWise amounts to an affirmation that advisors must migrate from solo practitioners to team builders and managers, experts said.
But it would be premature to conclude that Northwestern Mutual’s majority stake in ClientWise portends a trend. In addition, the fact that a mutual insurer, not a stock company, invested in ClientWise is no accident.
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