Quincy News

'Once a Blue Devil, always a Blue Devil'

By Herald-Whig
Posted: Jul. 12, 2018 8:55 pm Updated: Jul. 12, 2018 9:55 pm

QUINCY -- Once a Blue Devil, always a Blue Devil.

For Brent Schutte, there was the chance for another homecoming Thursday.

A Quincy High School graduate, Schutte is chief investment strategist for Northwestern Mutual Wealth Management and often appears on network television.

While in Quincy, Schutte was speaking on investment strategies with selected people and groups, but he also welcomed the chance to talk about QHS basketball and other Quincy-related memories.

"I'm a Blue Devil at heart, and I still keep up with (QHS sports) on The Herald-Whig website," said Schutte, a former Blue Devil soccer player. "Once you have the blue blood in you, it never leaves."

Schutte, 44, is a familiar source on such national news outlets as CNBC, the Wall Street Journal and Bloomberg. He also spends much of his time crisscrossing the country on business-related matters.

Schutte and his family -- his wife, Jennifer, and children Evan, 9, and Kate, 8 -- usually get back to Quincy once or twice a year from their home in Milwaukee, which is where Northwestern Mutual is headquartered. He stays in regular touch with his father, Greg, and mother, Kathy, who are lifelong Quincy residents and frequently visit Brent and his family in Milwaukee.

"Quincy has always been one of those towns that is a great place to raise a family," Schutte said. "Milwaukee reminds me a lot of Quincy. It's big enough to have pro sports teams but still has a small-town feel to it."

Despite the nationwide demands of his job, Schutte said he and his wife work hard to provide as normal a life as possible for their kids. He said he is fortunate to be able to take some or all of his family on selected business trips.

"We've been lucky to have the best of both worlds," he said.

Schutte said he spends a lot of his time trying to make investors focus on long-term investments and diversification. Among his chief responsibilities are retail investment philosophy, asset allocation and research.

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