Scott Richardson J.D., CLU^®, ChFC^®

 

Refer a Friend

Do you know someone who might share your concerns about financial security?

• Please introduce me

Calculators

• College Funding
• The Longevity Game
• More...

Client Center

• Inquiry and Service Information

Advanced Planning Library

Northwestern Mutual's Advanced Planning Library is a powerful legal research tool.

• Access the
  Advanced Planning Library

 

Dividend Announcement

Northwestern Mutual recently announced a dividend payout for 2010 of more than 4.7 billion dollars - the second largest in our company history - for clients who own life, annuity, DI and long-term care policies.

Click here to read more

Consistency Counts Scorecard

As in golf, the low score wins the game. Find out how Northwestern Mutual’s performance ranks relative to the competition. In times like these, it’s nice to know that Northwestern Mutual isn’t just strong — it’s consistently strong.

View Scorecard

Consistency Counts

Strength on its own can be impressive. When consistency is added, that’s when it becomes real. At Northwestern Mutual, we’ve been able to deliver real strength for over 150 years. Put our strength to work for you.

Strength that works.

Northwestern Mutual receives "best possible ratings"

The four major ratings agencies, Standard & Poor’s, A.M. Best, Moody’s, and Fitch, have each confirmed the company’s insurance financial strength ratings. We take great pride, especially in these economic times, in providing our clients the consistent financial strength that has been our signature for over 150 years.

Click here to read more.

Managing Your Money In A Downturn

Northwestern Mutual was recently featured in The New York Times Wealth Matters column, "Never Mind Your 401(k). How’s Your Insurance?" about the importance of managing risk in the current economic environment, and strategies that the wealthy use to manage not only their money but their overall well-being. Northwestern Mutual Executive Vice President Greg Oberland comments about how people should be rethinking and managing their insurance needs in a downturn. Read the article (PDF).

Scott Richardson is recognized as an Executive Benefits specialist for Northwestern Mutual and works in the Bank-Owned Life Insurance (BOLI) and Corporate-Owned Life Insurance (COLI) marketplace.

 

Scott Richardson brings over 20 years of experience in the financial services and life insurance industries. Immediately before joining Northwestern Mutual he was a leading consultant and former head of Legal Services with Clark Consulting. Scott Richardson has had extensive contact with bank regulatory agencies, and was involved in the development of customized benefit plans for dozens of banks throughout the country. This unique background provides Mr. Richardson with considerable expertise in the many aspects of compensation, nonqualified benefits and bank-owned life insurance (BOLI)/corporate-owned life insurance (COLI) plan design.

 

Scott Richardson has addressed numerous banking groups on the topics of executive compensation, nonqualified benefits and BOLI. In addition, he has been quoted in various banking trade publications including North Western Financial Review, Illinois Banker, Hoosier Banker and Wisconsin Community Banking News regarding the impact of OCC Bulletin 2004-56.

 

Scott Richardson has a law degree from William Mitchell College of Law, St. Paul, Minnesota. He is a member of the Association for Advanced Life Underwriting (AALU) and is past president of the Twin Cities Society of Financial Services Professionals.

 

Scott Richardson has earned designations as a Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC), and holds his securities licenses.

 

Scott Richardson is recognized as an Executive Benefits Specialist for Northwestern Mutual and works in the Bank-Owned (BOLI), and Corporate-owned (COLI) Life Insurance and Executive Benefits marketplace. Scott is affiliated with the Effner Financial Group in Downers Grove, Illinois.

 

Scott resides in Elgin, Illinois, with his family.

 

 

My Mission

As a Northwestern Mutual Financial Network Representative, my mission is to reflect the trust, honesty and integrity that are inherent in the Network. I am committed to providing each of my clients with strong financial solutions that are tailored to their particular needs and goals.

As a financial representative with a focus in executive benefits, I help businesses implement creative solutions to attract, retain and reward executive talent to keep a corporation competitive within their marketplace while at the same time helping participants to reach their own dreams and goals for a comfortable retirement.

Northwestern Mutual Financial Network

We provide you with access to a nationwide network of representatives, advisors and specialists—people who have invested their time and developed their talents to become experts and they have the knowledge that comes only from experience.

What’s paramount is to have a flexible approach with complementary solutions. We strive to call on the full capabilities of the Northwestern Mutual Financial Network, providing our clients with financial services that allow them to feel assured that their intentions have been understood and their needs are being addressed.