Doug Erhard

I am married to Lorie and have three children, Ryan, Tyler and Brooke. Lorie is an Associate Financial Representative with our team, writes and does design work.

Ryan completed his Ph.D. in Accounting at the University of Southern California in 2022 and works for the Securities Exchange commission (SEC) as an economist. He is also a graduate of the Gies College of Business at the University of Illinois with degrees in Finance and Accounting. 

Tyler graduated from the Gies College of Business at the University of Illinois with a degree in Finance and joined our team full-time September 2020. He is the Director of Investment Operations and an Associate Wealth Management Advisor. 

Brooke  attends Illinois Wesleyan University and plays on the women’s golf team. She is majoring in Marketing and minoring in Finance. Brooke made the 2022/2023 Deans list. Brooke is with Team Erhard as a marketing associate. 

For 18 years I coached youth sports. My last coaching assignment was at Judah Christian where I coached junior high and high school golf. Some of the athletes we coached over the years play professionally and in college. 

Staying healthy is important to me and I enjoy golfing, cardio and weightlifting. I've participated in the Chicago Half Marathon and the Illinois Half Marathon twice. Exercising is both exhilarating and challenging and mirrors life as we all take one step at a time toward personal, common, and once in a lifetime goals. 

I've served as a Director for University of Illinois Alumni Association and was co-founder of the Champaign County Illini Club. I was a member of Champaign Rotary Club for 15 years. 

I love to play golf, travel and read. But most of all, I love people and feel very blessed to have such a wonderful family and an incredible career with Northwestern Mutual so I can help people plan their most amazing futures. 

I started my career with Northwestern Mutual in 1985 after a short stint in the retail business after graduating from the University of Illinois with a B.S in Finance.

Focusing on building long-term relationships based on integrity, knowledge and commitment is important to me. I listen to what is important and design a strategic plan.

I have a deep passion to help people create their most amazing future.  Knowing that my team and I have helped many families and businesses feel good about their personal and professional future is important to me and my team.

Designations

• CERTIFIED FINANCIAL PLANNER™ (CFP®)
  • The CFP® certification is one of the most recognized financial planning marks in the world. The CFP® certification prepares the financial services professional for a career-long commitment to meeting the ever-changing financial needs of clients.
• Chartered Life Underwriter (CLU®)
  • The CLU® designation has long been recognized as the fundamental and foremost educational credential for life insurance professionals.
• Chartered Financial Consultant (ChFC®)
  • The ChFC® designation prepares professionals to perform comprehensive financial planning for their clients.
• Certified in Long-Term Care (CLTC)
  • The CLTC designation focuses on the discipline of extended care planning.

Education

Bachelor of Science in Finance from the University of Illinois

Associations and Memberships

• Life Member University of Illinois Alumni Association
• Member University of Illinois Foundation President's Council
• Past Director for the University of Illinois Alumni Association
• Past President of Campus Alumni Advisory Board
• Past President of Champaign County Illini Club
• Past President of National Association of Insurance and Financial Advisors
• Past President of Eastern Illinois Estate Planning Council

When people feel better about their money, good things happen—they become more confident and feel more secure. For more than 160 years, Northwestern Mutual has helped people achieve the financial flexibility they need to live more and worry less.

Being a mutual company means Northwestern Mutual reports to its clients, not Wall Street. They don't believe in chasing fads or taking undue risk for short-term gains. Instead, they take a long-term approach—both in the way we help people plan to reach their goals, and in the way they do business. This has served their clients (and mine) well through all kinds of economic ups and downs, including wars, recessions, even the recent pandemic.

It's why I'm happy to be part of a company that's in it for the long-haul and prioritizes clients over profit.