Richard N Preston
Wealth Management Advisor|ChFC®
Professional
Richard Preston is a graduate of Franklin and Marshall College with a Bachelor of Arts degree in History.
Rich talks about his career and Northwestern Mutual:
After working for 17 years in various operational and executive management positions, I wanted more personal satisfaction in my career. Supporting my family was certainly vital, but finding work I was passionate about was equally important. It was about finding a way to make a difference and have an impact.
Northwestern Mutual´s long standing traditions of quality products, financial strength and placing customer needs first provided me with a platform consistent with my own goals. The concept of mutuality aligns the interests of a company with its clients, a model that benefits all concerned.
As Northwestern Mutual has expanded, they have strengthened their commitment to meeting additional client needs through the development of quality product offerings. Their work has allowed me to meet more client needs and also provided me access to specialists in various disciplines to call upon as needed.
Awards and Recognition
- Million Dollar Round Table Qualifying Member: 1998-2006
- National Quality Award: 2000-2007
- National Sales Achievement Award: 2003
Associations and Memberships
- National Association of Insurance and Financial Advisors
- Canoe Brook Country Club, Summit, NJ
Personal
Rich has been married to his wife Nancy for almost 30 years. They have resided in Madison, NJ, since 1980 and have two grown sons, Andrew and Jordon.
Rich and Nancy enjoy playing golf and traveling. They have been active members of Canoe Brook Country Club in Summit, NJ for almost 20 years and presently serve on the membership committee.
Rich also helps support Franklin & Marshall College in both annual contributions and specific alumni matters.
Lending a hand in my community.
As part of Northwestern Mutual, I'm proud to help accelerate the search for better childhood cancer treatments while supporting families undergoing treatment, and survivors from late effects. Here are some of the organizations we partner with:
Alex's Lemonade Stand Foundation for Childhood Cancer (ALSF)
ALSF funds cancer research, raises awareness, and supports the families of children with cancer. Since 2012, Northwestern Mutual, its employees, and financial professionals like me have donated more than $20 million to support ALSF and fund over 400,000 research hours.
Beads of Courage
Beads of Courage is an art-in-medicine program that helps kids with cancer tell their unique treatment story through colorful beads that are symbols of their courage.
Madison Area YMCA
Rich has been a long time Board Member of the Madison Area YMCA . He serves on both the Finance and Endowment Committees and is a regular contributor to the Annual Support Fund. The Madison YMCA also runs the Kirby Family Center, one of the largest day care centers in New Jersey providing care to infants and preschool as well as after school child care. Rich is currently involved in the YMCA's second major capital campaign to modernize certain key facilities and expand activity offerings. Rich and his family have been Y members for over 25 years.
John Byrne Memorial Scholarship Fund
Rich has also been a long time fund raiser, contributor, and participant in the John Byrne Memorial Scholarship Fund.
Morristown Memorial Hospital
Nancy is a volunteer in a variety of programs associated with Morristown Memorial Hospital.
American Heart Association
She also helps in fund raising for the American Heart Association.
Here are my areas of expertise
Financial Planning
Insurance Protection Strategies
Life Insurance Strategies
Retirement Planning & Income Strategies
Education Planning & Funding
Disability Planning
Multigenerational Planning
Estate Planning
How Northwestern Mutual helps you live the life you want.
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.
