Guide to Brokerage Services at Northwestern Mutual Investment Services

This guide provides essential information regarding the brokerage services offered by Northwestern Mutual Investment Services, LLC (NMIS). It outlines the nature of the brokerage relationship, emphasizing the importance of understanding the services before becoming a client. The document details the types of investment products available, including mutual funds, variable life insurance, and variable annuities, and explains the responsibilities of clients in providing accurate information about their financial circumstances and investment objectives. Additionally, it discusses the limitations on products that may be recommended and the various account types offered. The guide also addresses the risks associated with investing and the potential conflicts of interest that may arise. It is designed to help clients make informed decisions regarding their investments and understand the factors influencing product recommendations. The document includes information about account-level fees, the cash sweep program, and the advisory services provided through Northwestern Mutual Wealth Management Company.