News & Events

Steve Forbes and Ed Zore on
"Rebuilding, Reviving and Learning From the Great Recession”

• Better fiscal policy and reduced government spending are key to recovery. Forbes stressed the need to have better and smarter government oversight, as many of the problems leading to the recent recession were exasperated by poor oversight. Forbes believes that fixing these issues will help America stay competitive in the global economy. Zore agreed and also stressed the need for better education. Properly educating younger generations is necessary for the country to maintain a strong, employable labor force and stay competitive. 

• There is reason to be optimistic about the economy. Forbes expressed optimism about the country’s prospects in the short-term, especially given our flexible labor market and history of innovation. Zore added that it will take a good while to right the ship. He said business and markets may be muted or flat for a while, but with reductions in debt, things are getting better. 

• We need to get back to the basics. According to Zore, people need to get back to basics and manage their finances in a sound manner. Recently, people have lost sight of the conservative spending habits of earlier generations, but we need to relearn those habits to stay financially sound.

The Waltos Group announces 2 more scholarship winners at local Universities.
The Waltos Group and the Northwestern Mutual Foundation are pleased to announce the scholarship winners at two Southern California Universities:

Danielle Vera, a junior in the Mihaylo College of Business and Economics at California State University, Fullerton, as recieved a $2,500 Diverstiy Scholarship awarded by The Waltos Group of Northwestern Mutual and the Northwestern Mutual Fondation.

Danielle's commitment to her studies, her future career and her community will serve her very well in the future," said Bob Waltos, managing partner of the Waltos Group.

Dennis Yu, a sophmore in the Paul Merage School of Business at the Universtiy of California, Irvine, is the fourth recipient of the $2,500 "Future Business Leader" Scholarship awarded by the Waltos Group of Northwestern Mutual and the Northwestern Mutual Foundation.

"Dennis' leadership, experience and determination, coupled with his compassion and dedication to the community makes him the ideal recipient of The Future Business Leaders scholarship" said Bob Waltos,"

The Waltos Group is pleased to be able to provide financial assistance as well as real-world business exposure and mentorship to Danille and Dennis as they continue to achieve their personal and professional goals. 

Bob Waltos, Managing Partner of the Waltos Group is named King of Big Brothers Big Sisters Mardi Gras Event
The event benefitting Big Brothers Big Sisters was held on Saturday, September 19th at Ralph Brennan's Jazz Kitchen, Downtown Disney, Anahiem raised $104,000.  410 people attended the event which included live jazz music, casino gaming, authentic Cajun Cusisne and live and silent auctions.  Bob Waltos was honored as King of the event.

Northwestern Mutual Announces 2008 Financial Results
The company maintains a high dividend payout and financial strength despite market turmoil.

Click here to learn more.

The Waltos Group Receives Northwestern Mutual's Community Impact Award
During Northwestern Mutual's Western Regional Meeting in February CEO Ed Zore presented the Community Impact Award for network and district office commitment to local nonprofit agencies to The Waltos Group. The award was accepted by Managing Partner Bob Waltos and College Unit Director Paul Castillo. Paul won the Community Service Award in 2008 for his work with Big Brothers Big Sisters and now the Northwestern Mutual Foundation will be awarding this organization $50,000.

"It was a big honor for our office," said Paul Castillo. "It reflects the culture of giving back to the community that Bob has created."