Northern Trust announced today that Darius A. Gill has been promoted to Managing Director of the Foundation & Institutional Advisors group in the Central Region, which includes Illinois, Michigan, Minnesota, Ohio, Missouri and Wisconsin.
Foundation & Institutional Advisors is an investment advisory and asset servicing group focused on middle-market non-profit institutions such as foundations, endowments, schools and healthcare organizations. The practice offers guidance in developing investment policy statements and provides objective research, selection and oversight of third-party investment managers.
Gill will oversee the growth of the business, which currently serves more than 160 clients with assets under management of approximately $5 billion.
Gill has more than two decades of investment experience working with both institutional and wealth management clients. Most recently, he served as a Senior Investment Officer in the Foundation & Institutional Advisors group, managing a team of portfolio managers within the Central Region. He joined Northern Trust in 2007 as a Senior Portfolio Manager. Prior to that, Gill served as a chief investment officer at Cole Taylor Bank.
Gill earned a bachelor's degree from the University of Wisconsin at Madison and an M.B.A. from the Charles H. Kellstadt Graduate School of Business at DePaul University. Gill is a member of the Investment Analysts Society of Chicago and has been awarded the Chartered Financial Analyst designation. He is also on the board of Deborah's Place, an organization dedicated to helping homeless women in Chicago.
Gill will be based at Northern Trusts headquarters at 50 S. LaSalle, Chicago, IL 60603.
Northern Trust's Personal Financial Services is a premier wealth management firm that specializes in goals-based financial advice. We offer clients fresh perspectives and creative thinking, backed by cutting-edge technology and a strong fiduciary ethos. Northern Trust is ranked among the top 10 U.S. wealth managers with $175.9 billion in assets under management as of June 30, 2012, and more than 70 offices across the United States and abroad.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2012, Northern Trust had assets under custody of US$4.6 trillion, and assets under investment management of US$704.3 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com or follow us on Twitter @NorthernTrust.