The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
Report for the Calendar Year or Quarter Ended: 12-31-2022
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: NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
Address: 720 EAST WISCONSIN AVENUE
MILWAUKEE, WI  53202
Form 13F File Number: 028-11160
CRD Number (if applicable):
SEC File Number (if applicable):

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: JENNIFER OLEARY
Title: TREASURER
Phone: 414 665-2542
Signature, Place, and Date of Signing:
/s/JENNIFER OLEARY MILWAUKEE,  WI 02-14-2023
[Signature] [City, State] [Date]
Report Type (Check only one.):
   13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
   13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
X 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
AFFINITY INVESTMENT ADVISORS, LLC 028-14467 000108278 801-42015 0001520601
Alley Co LLC 028-15235 000317544 801-122856 0001569141
ALLIANCEBERNSTEIN L.P. 028-10562 000108477 801-56720 0001109448
Allspring Funds Management, LLC 028-11406 000110841 801-58237 0001327354
Aristotle Capital Management, LLC 028-02634 000109876 801-60014 0000860644
BERKSHIRE ASSET MANAGEMENT LLC/PA 028-05034 000145463 801-68485 0000949012
BMO ASSET MANAGEMENT CORP. 028-16017 000106466 801-35533 0001599763
Boston Partners 028-12484 000124982 801-61786 0001386060
BRANDES INVESTMENT PARTNERS, LP 028-05620 000105404 801-24896 0001015079
Brown Advisory LLC 028-05775 000110181 801-38826 0001114667
CAMPBELL NEWMAN ASSET MANAGEMENT INC 028-02903 000107003 801-8825 0000874791
Capital Group Private Client Services, Inc. 028-21408 000312837 801-121267 0001857666
Chilton Capital Management Advisors, Inc. 028-12632 000104592 801-51061 0001414287
CLEARBRIDGE, LLC 028-01701 000137028 801-64710 0000820330
COHEN & STEERS CAPITAL MANAGEMENT INC 028-02405 000106266 801-27721 0000845563
COLUMBIA MANAGEMENT INVESTMENT ADVISERS, LLC 028-10477 000108257 801-25943 0001233991
CONGRESS ASSET MANAGEMENT CO /MA 028-03434 000105161 801-23386 0000897378
Copeland Capital Management, LLC 028-14668 000135822 801-68586 0001541743
Dana Investment Advisors, Inc. 028-13023 000105879 801-14828 0001427514
DAVIS SELECTED ADVISERS 028-04121 000108674 801-31648 0001036325
EAGLE ASSET MANAGEMENT INC 028-01666 000110653 801-21343 0000790502
EARNEST PARTNERS LLC 028-05269 000107926 801-56189 0001102578
FEDERATED INVESTMENT COUNSELING 028-01454 000105325 801-34611 0000819684
FIRST TRUST ADVISORS LP 028-06487 000107027 801-39950 0001125816
FULLER & THALER ASSET MANAGEMENT, INC. 028-04007 000107033 801-43915 0001082327
GOLDMAN SACHS ASSET MANAGEMENT, L.P. 028-10981 000107738 801-37591 0001229262
GW&K Investment Management, LLC 028-04145 000121942 801-61559 0001082917
HARDING LOEVNER LP 028-04434 000104543 801-36845 0000928196
Hillman Capital Management, Inc. 028-11091 000110096 801-57921 0001314620
JANUS HENDERSON INVESTORS US LLC 028-01343 000104652 801-13991 0000812295
JENNISON ASSOCIATES LLC 028-00074 000107959 801-5608 0000053417
JENSEN INVESTMENT MANAGEMENT INC 028-03495 000105281 801-32726 0001106129
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 028-05792 000104599 801-24241 0001021223
LAZARD ASSET MANAGEMENT LLC 028-10469 000122836 801-61701 0001207017
Legg Mason Private Portfolio Group, LLC 028-12558 000142219 801-67411 0001409108
LOGAN CAPITAL MANAGEMENT INC 028-05837 000108893 801-45536 0001121330
MDT ADVISERS INC 028-07406 000109355 801-55094 0001074032
MFS Institutional Advisors, Inc. 028-13173 000107144 801-46433 0001443066
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 028-11160     0001141802
OAK RIDGE INVESTMENTS LLC 028-06668 000107066 801-35529 0001054554
PARAMETRIC PORTFOLIO ASSOCIATES LLC 028-04558 000114310 801-60485 0000932859
POLEN CAPITAL MANAGEMENT LLC 028-03687 000106093 801-15180 0001034524
Raub Brock Capital Management LP 028-15157 000153994 801-71732 0001554656
RIVERBRIDGE PARTNERS LLC 028-05655 000108074 801-57432 0001112325
RUSSELL FRANK CO/ 028-01190 000105734 801-17141 0000721204
Sandhill Capital Partners LLC 028-15042 000129800 801-63194 0001556245
SANTA BARBARA ASSET MANAGEMENT, LLC 028-05621 000138123 801-65003 0001109426
SCHAFER CULLEN CAPITAL MANAGEMENT INC 028-04691 000105799 801-18407 0001056593
Strategic Global Advisors, LLC 028-16442 000286019 801-108843 0001580212
Wakefield Asset Managment Corp 028-19415 000143720 801-68152 0001759421
WCM INVESTMENT MANAGEMENT, LLC 028-07104 000104702 801-11916 0001061186
Western Asset Management Company, LLC 028-10245 000110441 801-8162 0001138897
ZACKS INVESTMENT MANAGEMENT 028-04587 000110897 801-40592 0001086483
ZEVENBERGEN CAPITAL INVESTMENTS LLC 028-10622 000128990 801-62477 0001276918
Ziegler Capital Management, LLC 028-10982 000309195 801-118813 0001307617
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 3,319
Form 13F Information Table Value Total: 66,061,126,675
(round to nearest dollar)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
1 NORTHWESTERN MUTUAL LIFE INSURANCE CO 028-00229     0000073076