<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE JOHN
NUVEEN COMPANY'S FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                          25,595
<SECURITIES>                                    58,117
<RECEIVABLES>                                   36,265
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               119,977
<PP&E>                                          40,381
<DEPRECIATION>                                (25,733)
<TOTAL-ASSETS>                                 416,704
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                           45,000
<PREFERRED>                                          0
<COMMON>                                           387
<OTHER-SE>                                     287,021
<TOTAL-LIABILITY-AND-EQUITY>                   416,704
<SALES>                                              0
<TOTAL-REVENUES>                                72,469
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                40,014
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 802
<INCOME-PRETAX>                                 31,653
<INCOME-TAX>                                    12,379
<INCOME-CONTINUING>                             19,274
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    19,274
<EPS-PRIMARY>                                     0.59
<EPS-DILUTED>                                     0.56