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nt


 

Wealth Management Expert Biography

 
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R. Hugh Magill, JD

R. Hugh Magill, JD

Chief Fiduciary Officer
 

R. Hugh Magill is an Executive Vice President of Northern Trust Corporation, Chicago, where he serves as Chief Fiduciary Officer and Global Director of Trust Services. In this capacity he is responsible for Northern’s fiduciary services to clients nationally and internationally.

Prior to joining Northern Trust in September, 1989, Hugh practiced law privately in Chicago, and worked in the Trust Department at The First National Bank of Chicago where he served as Assistant to the Chief Investment Officer.  Magill received a B.A. degree, cum laude, from St. Olaf College in Northfield, Minnesota, and a J.D. degree from the University of Minnesota Law School, where he was named a distinguished alumnus in 2005.

Hugh is a member of the Chicago, Illinois and American Bar Associations, the Chicago Estate Planning Council, and the Christian Legal Society.  He is licensed to practice law in Illinois and Minnesota and admitted to practice before the United States Tax Court.  He is a faculty member of the American Banker’s Association  National Trust School and has lectured for the American College of Trust and Estate Counsel, The Heckerling Institute, The Notre Dame Institute, the Northwestern University Center for Family Enterprise, regional bar associations and estate planning councils, and Northern Trust on estate and charitable planning, trust management, family governance, and fiduciary risk management.

He is a trustee of the Covenant Board of Pensions and Benefits, and he serves on the Boards of the Block Museum of Art, Ministry Mentors, The Chicago Sunday Evening Club, several foundations, and serves as a member of the Dean's Cabinet for the Generations Capital Campaign for the University of Minnesota Law School.  He serves on the Editorial Board of Trusts & Estates magazine, the executive council of the Trust Management Association, and has authored articles for Trust & Estates, Trust & Investments, and Wealth magazines.

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Insights & Research

Helping you anticipate and address change.

 

Is It Time for a New Grecian Formula?

 
June 29, 2015 - Jim McDonald
As the deadline looms & negotiations unravel, what does the situation in Greece mean for investors? Jim McDonald shares our view. Watch.
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Northern Trust Perspective

Monthly publication designed to keep you abreast of the latest economic and market changes.