13F-HR 1 nml08q3.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2008 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: The Northwestern Mutual Life Insurance Company Address: 720 East Wisconsin Avenue Milwaukee, WI 53202 13F File Number: 28-00229 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Jefferson V. DeAngelis Title: Vice President (Public Markets) Phone: 414-665-5291 Signature, Place, and Date of Signing: Jefferson V. DeAngelis Milwaukee, WI November 13, 2008 Report Type (Check only one.): [ ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ X] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Form 13F File Number Name 28-01096 Russell Trust Company 28-01190 Frank Russell Company 28-05583 Northwestern Investment Management Company, LLC 28-10206 Mason Street Advisors, LLC 28-11160 Northwestern Mutual Wealth Management Company FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 87 Form13F Information Table Value Total: $42,695 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ACCO BRANDS CORP COM 00081T108 0 23 SH DEFINED 23 ALTRIA GROUP INC COM 02209S103 0 22 SH DEFINED 22 AVANIR PHARMACEUTICALS CL A NEW 05348P401 0 17 SH DEFINED 17 BURLINGTON NORTHN SANTA FE C COM 12189T104 5 50 SH DEFINED 50 CBS CORP NEW CL A 124857103 0 14 SH DEFINED 14 CISCO SYS INC COM 17275R102 23 1000 SH DEFINED 1000 COCA COLA CO COM 191216100 0 3 SH DEFINED 3 CROCS INC COM 227046109 0 100 SH DEFINED 100 DEERE & CO COM 244199105 0 7 SH DEFINED 7 DIAMONDS TR UNIT SER 1 252787106 392 3657 SH DEFINED 3657 DRESSER-RAND GROUP INC COM 261608103 0 12 SH DEFINED 12 DTE ENERGY CO COM 233331107 6 150 SH DEFINED 150 EMPIRE DIST ELEC CO COM 291641108 3 150 SH DEFINED 150 EXXON MOBIL CORP COM 30231G102 39 500 SH DEFINED 500 FAIRPOINT COMMUNICATIONS INC COM 305560104 0 4 SH DEFINED 4 GABELLI DIVD & INCOME TR COM 36242H104 5 370 SH DEFINED 370 HASBRO INC COM 418056107 17 500 SH DEFINED 500 IDEARC INC COM 451663108 0 10 SH DEFINED 10 ING CLARION REAL EST INCOME COM SHS 449788108 6 750 SH DEFINED 750 INNOVATIVE SOLUTIONS & SUPPO COM 45769N105 8 1500 SH DEFINED 1500 ISHARES TR DJ SEL DIV INX 464287168 274 5130 SH DEFINED 5130 ISHARES TR RUSSELL MCP GR 464287481 376 8734 SH DEFINED 8734 ISHARES TR RUSSELL MIDCAP 464287499 1844 22482 SH DEFINED 22482 ISHARES TR S&P MIDCAP 400 464287507 750 10313 SH DEFINED 10313 ISHARES TR COHEN&ST RLTY 464287564 4232 55188 SH DEFINED 55188 ISHARES TR S&P GLB100INDX 464287572 120 1943 SH DEFINED 1943 ISHARES TR S&P MC 400 GRW 464287606 176 2349 SH DEFINED 2349 ISHARES TR RUSSELL1000GRW 464287614 2062 42485 SH DEFINED 42485 ISHARES TR RUSSELL 1000 464287622 3233 50902 SH DEFINED 50902 ISHARES TR RUSSELL MCP VL 464287473 901 23051 SH DEFINED 23051 ISHARES TR RUSSELL1000VAL 464287598 2112 33133 SH DEFINED 33133 ISHARES TR MSCI EAFE IDX 464287465 3366 59775 SH DEFINED 59775 ISHARES TR 1-3 YR TRS BD 464287457 1054 12625 SH DEFINED 12625 ISHARES TR 7-10 YR TRS BD 464287440 641 7190 SH DEFINED 7190 ISHARES TR 20+ YR TRS BD 464287432 493 5185 SH DEFINED 5185 ISHARES TR S&P 500 VALUE 464287408 908 15151 SH DEFINED 15151 ISHARES TR S&P500 GRW 464287309 1841 32416 SH DEFINED 32416 ISHARES TR IBOXX INV CPBD 464287242 231 2557 SH DEFINED 2557 ISHARES TR MSCI EMERG MKT 464287234 637 18647 SH DEFINED 18648 ISHARES TR LEHMAN AGG BND 464287226 2683 27219 SH DEFINED 27219 ISHARES TR US TIPS BD FD 464287176 595 5851 SH DEFINED 5851 ISHARES TR RUSSELL 2000 464287655 716 10592 SH DEFINED 10592 ISHARES TR S&P 500 INDEX 464287200 2003 17154 SH DEFINED 17155 ISHARES TR MSCI VAL IDX 464288877 380 7535 SH DEFINED 7535 ISHARES TR RUSL 2000 GROW 464287648 99 1398 SH DEFINED 1398 ISHARES TR MSCI GRW IDX 464288885 408 7204 SH DEFINED 7204 ISHARES TR S&P SMLCP GROW 464287887 236 3849 SH DEFINED 3849 ISHARES TR S&P SMLCP VALU 464287879 53 820 SH DEFINED 820 ISHARES TR S&P SMLCAP 600 464287804 265 4430 SH DEFINED 4430 ISHARES TR S&P MIDCP VALU 464287705 202 2952 SH DEFINED 2952 ISHARES TR RUSSELL 3000 464287689 266 3873 SH DEFINED 3873 ISHARES TR RUSL 3000 GROW 464287671 384 9743 SH DEFINED 9743 ISHARES TR RUSL 3000 VALU 464287663 1800 21447 SH DEFINED 21447 ISHARES TR RUSL 2000 VALU 464287630 215 3175 SH DEFINED 3175 ISHARES TR DJ US REAL EST 464287739 45 756 SH DEFINED 756 LSI CORPORATION COM 502161102 0 26 SH DEFINED 26 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 0 14 SH DEFINED 14 MICROSOFT CORP COM 594918104 27 1000 SH DEFINED 1000 MIDCAP SPDR TR UNIT SER 1 595635103 34 253 SH DEFINED 253 MIRANT CORP NEW COM 60467R100 0 1 SH DEFINED 1 NMS COMMUNICATIONS CORP COM 629248105 0 500 SH DEFINED 500 NUVASIVE INC COM 670704105 0 10 SH DEFINED 10 NUVEEN QUALITY PFD INCOME FD COM 67072C105 1 150 SH DEFINED 150 OGE ENERGY CORP COM 670837103 5 150 SH DEFINED 150 PAYCHEX INC COM 704326107 2 50 SH DEFINED 50 PIPER JAFFRAY COS COM 724078100 0 2 SH DEFINED 2 RYDEX ETF TRUST S&P 500 EQ TRD 78355W106 103 2715 SH DEFINED 2715 SASOL LTD SPONSORED ADR 803866300 1 13 SH DEFINED 13 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 3 50 SH DEFINED 50 SIRIUS XM RADIO INC COM 82967N108 0 200 SH DEFINED 200 SPDR INDEX SHS FDS DJWS INTL REAL 78463X863 148 3927 SH DEFINED 3927 SPDR TR UNIT SER 1 78462F103 986 8511 SH DEFINED 8511 VANGUARD INDEX FDS REIT ETF 922908553 671 10943 SH DEFINED 10943 VANGUARD INDEX FDS STK MRK ETF 922908769 50 852 SH DEFINED 852 VANGUARD INDEX FDS SMALL CP ETF 922908751 191 3216 SH DEFINED 3216 VANGUARD INDEX FDS VALUE ETF 922908744 922 17543 SH DEFINED 17543 VANGUARD INDEX FDS GROWTH ETF 922908736 233 4463 SH DEFINED 4463 VANGUARD INDEX FDS EXTEND MKT ETF 922908652 139 3174 SH DEFINED 3174 VANGUARD INDEX FDS LARGE CAP ETF 922908637 722 13717 SH DEFINED 13717 VANGUARD INDEX FDS MID CAP ETF 922908629 784 13208 SH DEFINED 13208 VANGUARD INDEX FDS SML CP GRW ETF 922908595 132 2239 SH DEFINED 2239 VANGUARD INDEX FDS MCAP GR IDXVIP 922908538 189 3973 SH DEFINED 3973 VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 494 11186 SH DEFINED 11186 VANGUARD INDEX FDS SM CP VAL ETF 922908611 132 2186 SH DEFINED 2186 VANGUARD INTL EQUITY INDEX F EMR MKT ETF 922042858 621 17921 SH DEFINED 17921 VERIGY LTD SHS Y93691106 0 4 SH DEFINED 4 VIACOM INC NEW CL B 92553P201 0 3 SH DEFINED 3