Carm has been advising clients since 2005. He gathered experience at JP Morgan Chase and BMO Harris before establishing his practice at Northwestern Mutual in 2010. Carm considered various firms with whom he could forge a long-term relationship. Northwestern Mutual's mastery of risk management, wealth accumulation and financial planning aligned for the right fit. Carm is confident that he and his team do the right thing for their clients, so he looked for a company wtih a long standing history of doing the same.

Associations and Memberships

Carm Barbaro is a member of the National Association of Insurance and Financial Advisors (NAIFA) and the Million Dollar Round Table (MDRT).

Career Achievements

NAIFA Quality Award logo

National Association of Insurance and Financial Advisors Quality Award 2013-2018

For consecutive years, Carm Barbaro has been honored with the NAIFA Quality Award, which recognizes excellence in the industry in three different categories.  Winners of the NAIFA Quality Award demonstrate exceptional commitment to extraordinary results in three key areas: Client Service, Continuing Education, and Ethical Business Practices. 


MDRT logo

Million Dollar Round Table (MDRT) 2013, 20142015, 2016, 2017, 2018 - Court of the Table, and 2019
MDRT membership represents the top 1% of all financial advisors worldwide. MDRT provides its members with resources to improve their technical knowledge, sales and client service while maintaining a culture of high ethical standards. Its mission is to be a valued, member-driven international network of leading insurance and investment financial services professionals who serve their clients by exemplary performance and the highest standards of ethics, knowledge, service and productivity.

40 Under 40 Cover

NAIFA's Top Four Advisors Under Forty, 2018
In 2018, Carm was named as a Top Four Advisor Under 40 in the nation. Recipients of this award are recognized for excellence not only in their personal advisory practices, but also for their commitment to their communities, families, teams and peers. Click here to read the Advisor Today article on this acheivement.


Carm holds his Bachelor of Arts in Corporate Communication from Northern Illinois University.

Carmelo A Barbaro
Wealth Management Advisor

Next Phase Advisory Group


To learn more about Northwestern Mutual Investment Services, LLC and its financial representatives, visit: FINRA BrokerCheck