Steve "Mac" MacLellan is the President of the Central Region for Northern Trust's Wealth Management business. In this capacity he is responsible for leading the region's investment management, banking and fiduciary business for Northern Trust's offices in Illinois, Ohio, Michigan, Minnesota, Wisconsin and Missouri. In addition, MacLellan is a member of the Northern Trust Operating Group, the Northern Trust Wealth Management Executive Committee and is a board member of Northern Trust Securities Inc.
Prior to his current role, MacLellan was the Global Head of Business Practices and Client Segments for Northern Trust's Wealth Management business. In that capacity, he oversaw Wealth Management's professional business practices (investment management, private banking, personal trust and advisory services) as well as Wealth Management's core client segments (Wealth Advisory, Private Client Services, and Foundations & Institutional Services). He was also responsible for the business unit's sales and marketing functions. Prior to assuming this role, MacLellan served as President for Northern Trust's Wealth Management business in the Southwest Region (Arizona, Texas and Colorado). And prior to that assignment he served as National Director of Wealth Advisory Services.
Her previous management positions at Northern Trust include Managing Director of Wealth Advisory Services in Winnetka, Managing Director of the Oak Street Financial Center (Chicago), a Division Manager in the Middle Market Banking Group and the Division Manager of the Trade Finance Division.
Prior to joining Northern Trust as a Vice President in September, 1991, Allegra was a Vice President at Bankers Trust Company in New York. She was named a Senior Vice President in May, 2002.
Allegra received a B.A. degree from Smith College in Northampton, Massachusetts in 1984 and an M.M. degree from Northwestern University Kellogg Graduate School of Management in 1996.
Allegra is a Board Member of the Chicago Humanities Festival, the Golden Apple Foundation and the District 39 (Wilmette) Educational Foundation.
Tom has also served as the Illinois West Region's Chief Administrative officer as well as serving as a Vice President in the Metropolitan Division in Northern's Chicago office. Prior to joining Northern Trust in 1985, he spent five years with Harris Trust and Savings Bank in their Metropolitan commercial Banking Division.
Tom is a graduate of the University of Illinois and holds a Certified Trust and Financial Advisor designation.