Wealth Management

Wisconsin gets middle of the pack ranking for state business tax climate

Wisconsin ranks 27th for business tax competitiveness, according to the Washington, D.C.-based Tax Foundation’s 2023 State Business Tax Climate Index.

Northwestern Mutual to pay $6.8 billion in dividends in 2023

Milwaukee-based Northwestern Mutual plans to once again pay out a record amount in dividends next year with policy holders set to receive $6.8 billion, the company announced Wednesday.

Generac cuts its guidance for the year by $560 million but says customer demand is still strong

Generac Holdings Inc. has cut its full year guidance for 2022 by roughly $560 million as its production of home standby generators has outpaced installation capacity.

Mount Pleasant home designed by Frank Lloyd Wright for member of Johnson family has been sold

A Mount Pleasant home designed by famed architect Frank Lloyd Wright for Karen Johnson Boyd, of the S.C. Johnson Family, has sold to a limited liability company for $1,025,000.
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A.O. Smith cuts guidance amid weaker water heater demand in North America

Milwaukee-based A.O. Smith Corp. took the somewhat unusual step Thursday of releasing preliminary results for the third quarter ahead of its scheduled earnings release at the end of the month.

Metro Milwaukee home sales down 8.6% this year, while prices are up 7.8%

Home sales in the four-county metro Milwaukee area were down 17.2% in September, compared to September of 2021, and are down 8.6% through the first three quarters of the year compared to the same period a year ago, according to the latest market report from the Greater Milwaukee Association of Realtors.

Howard Fuller Collegiate Academy gets $1 million from Northwestern Mutual

The Northwestern Mutual Foundation is donating $1 million to Dr. Howard Fuller Collegiate Academy (HFCA), which will boost the organization’s $25 million capital campaign for a new high school.

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