The WMCP® uses contemporary investment science to bring a new level of value to the advisor-client relationship. Advisors learn the fundamentals of goal-based wealth management, which begins with the client’s goals- whether that is saving for college tuition, planning for retirement, or passing wealth on to others.
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Mark Schuchardt, a Financial Representative and Wealth Management Advisor with Northwestern Mutual has earned the Wealth Management Certified Professional ( WMCP®) professional designation from The American College, Bryn Mawr, PA.
The WMCP® uses contemporary investment science to bring a new level of value to the advisor-client relationship. Advisors learn the fundamentals of goal-based wealth management, which begins with the client’s goals- whether that is saving for college tuition, planning for retirement, or passing wealth on to others. Through a focus on tax-efficient portfolio strategies that integrate the newest research on client behavior, the WMCP® professional develops skills in identifying goals, evaluating risk, and developing sophisticated investment plans tailored to the needs of clients.
The WMCP® program includes dozens of topics not available in conventional investments education. WMCP® designation holders are equipped to:
•Implement investment plans for a range of client goals including retirement, estate, small business planning, education, housing, and legacy.
•Develop a deep understanding of investments and financial products and how they can be used to meet client goals.
•Identify client tax characteristics and evaluate account strategies that can provide the highest after-tax performance using traditional, Roth, and taxable accounts.
•Address the importance of human capital, including the risk of premature death, disability, and the integration of earnings into an investment portfolio.
•Strategically use life insurance products.
•Help clients effectively manage risk.
•Account for client emotions and behavior to help investors reach long-term goals.
The American College is the nation’s largest non-profit educational institution devoted to financial services. Holding the highest level of academic accreditation, The College has served as a valued business partner to banks, brokerage firms, insurance companies and others for over 88 years. The American College’s faculty represents some of the financial services industry’s foremost thought leaders. For more information, visit TheAmericanCollege.edu
About Northwestern Mutual
Northwestern Mutual?has been helping families and businesses achieve financial security for more than 160 years. Through a distinctive, whole-picture planning approach, we empower our clients to make the most of every single day and plan for important moments in their future. We combine the expertise of our financial professionals with a personalized digital experience to help our clients navigate their financial lives every day. With $265.0 billion in assets, $28.1 billion in revenues, and $1.8 trillion?worth of life insurance protection in force, Northwestern Mutual delivers financial security to 4.5 million people who rely on us for life, disability income and long-term care insurance, annuities, brokerage and advisory services, trust services, and discretionary portfolio management solutions. The company manages more than $125 billion of client assets through its wealth management and investment services. Northwestern Mutual ranks 104 on the 2018 FORTUNE 500 and is recognized by FORTUNE® as one of the “World’s Most Admired” life insurance companies in 2019.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Northwestern Mutual and its subsidiaries offer a comprehensive approach to financial security solutions including: life insurance, long-term care insurance, disability income insurance, annuities, life insurance with long-term care benefits, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance).
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
The Chartered Advisor for Senior Living (CASL®) designation is conferred by The American College of Financial Services.