Northwestern Mutual has become a majority investor in ClientWise, a business and executive coaching and consulting firm working exclusively with financial professionals.
ClientWise, led by founder and CEO Ray Sclafani, will continue to operate as an independent firm, while partnering closely with Northwestern Mutual to coach, develop and grow the businesses of Northwestern Mutual’s financial advisors.
(Sclafani is a former contributing columnist to ThinkAdvisor.)
According to Northwestern Mutual President Greg Oberland, Northwestern Mutual wanted to ensure its advisors have the strategic and operational resources they need to excel in serving their clients and running their businesses.
“Our investment in ClientWise, which has a strong track record of success in coaching advisors to grow and advance their practices, allows us to bring this expertise to more of our team, while also supporting ClientWise in growing its own industry presence,” Oberland said in a statement.