Advizr WorkPlace Wins Best 401k Technology - WealthManagement.com Industry Awards - Insurance News | InsuranceNewsNet

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September 18, 2018 Newswires
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Advizr WorkPlace Wins Best 401k Technology – WealthManagement.com Industry Awards

Business Wire

NEW YORK--(BUSINESS WIRE)-- Advizr is honored to have been selected as a winner in the category of “401(k) Retirement Plan Support: Technology,” at the 2018 Industry Awards held by WealthManagement.com. The award, among several recognizing best-in-class companies supporting financial advisor success, was presented to the New York-based fintech company at a ceremony last Thursday.

Now in its fourth year, with hundreds of nominations across 20 categories, WealthManagement.com’s Industry Awards recognize outstanding achievement in the financial services sector, with the goal of inspiring innovation and leadership. Honorees are among the top financial technology firms in the industry delivering cutting edge supportive services to financial advisors and their participants.

While Advizr Core launched several years ago, Advizr WorkPlace launched last year to address the growing desire by employers to invest in the financial wellness of their employees. The program pairs together Advizr’s intuitive, self-directed planning technology with marketing campaigns and educational resources designed to drive employee engagement and encourage them to take charge of their financial health. The suite of services offered are research-backed and market-tested to build confidence, increase financial literacy, and equip participants with the tools necessary to identify, set, and track financial goals. Participants using Advizr WorkPlace can do all of this on their own or work closely with a financial advisor that was designated by their employer.

Advizr CEO and Co-founder, Hussain Zaidi, said he was honored to accept the award on Advizr’s behalf and is excited to continue building on Advizr WorkPlace’s unique position in the financial wellness and planning space. “The financial wellness space is new, but growing quickly as employers increasingly recognize the benefits of investing in the financial health of their workers,” said Zaidi. “Platforms that offer self-directed planning, while offering the option to connect with a financial advisor, are rare. We believe we’re ahead of the curve.”

Learn more about Advizr’s WorkPlace Solution by contacting (844) 445-3617, or visit https://www.advizr.com/advizr-workplace.

About Advizr

Advizr, based in New York, NY is dedicated to creating programs and technology to expand consumer and advisor access to high-quality financial planning, as well as drive advisor profitability. The powerful, automated, interactive financial planning solution empowers consumers to take control of their financial wellness and allows advisors to identify new opportunities and grow their practice. To learn more, please visit us at https://www.advizr.com/advizr-workplace.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180918005685/en/

Media Relations

Advizr

Doug O'Brien, 845-527-6302

douglas.obrien@advizr.com

Source: Advizr

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Northwestern Mutual announces record $10B dividend payout

By Press Release

MILWAUKEE, October 27, 2026 – Northwestern Mutual announced today the largest expected dividend payout in company history: $10.4 billion for 2027. The award is more than $1 billion above 2026, and marks the 156th consecutive year the company has returned value to its policyowners. Over the past four years, the annual dividend is estimated to grow over 50%, or approximately $3.5 billion.

Northwestern Mutual has paid a dividend every year since 1872, totaling approximately $180 billion over that span. Those payments have continued through the Great Depression, two world wars, the 2008 financial crisis, and every period of market volatility. This year’s record payout to policyowners comes at a time when many Americans are questioning whether traditional markers of financial progress remain attainable, as housing costs push homeownership further out of reach and families balance more immediate financial demands. For the millions of people who receive dividends on their Northwestern Mutual policies, the dividend is tangible value they can use to help cover policy premiums, access cash, or increase policy values and benefits.

“Today, the future is uncertain, financial anxiety is at near-record highs, and flexibility is needed more than ever. This historic dividend payout will provide millions of people with additional value they can use in ways that matter most to them, helping them navigate today’s challenges while planning for tomorrow,” said Tim Gerend, chairman, president, and CEO, Northwestern Mutual. “For generations, Northwestern Mutual has shared its success with policyowners, not shareholders, helping Americans build financial security, create wealth, and protect what they’ve already built.”

Approximately $8.9 billion of the 2027 payout, or about 85%, will go to whole life insurance
policyowners, most of whom use their dividend to purchase paid-up additional insurance that grows both the accumulated value and the death benefit of their policy. Over time, that policy growth compounds, allowing policyowners to build value they can access during their lifetime while increasing the protection they pass on.

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