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.
Monique joined Northern Trust in 2005 as Managing Director of the State Street Financial Center, and brings more than 19 years of banking experience to the Wealth Management division. Her experience includes Commercial, Residential and Consumer Lending; Private Banking and Cash Management. Her background has given her a broad perspective on the financial services industry, and the opportunity to successfully meet the needs of both individual and corporate clients.
Monique is very active within Northern Trust and is past President of the Black Business Resource Council (BBRC) and is a member of the Wealth Management Diversity & Inclusion Advisory Council.
In 2008 and 2009, she was the recipient of the Chairman's Diversity Advocate Award.
Monique serves as an Illinois Regional contact for the DreamMakers Forum, a national conference focused on wealth management.
She has served as Segment Leader for the Affluent Multicultural Market Coalition, a targeted initiative designed to create a comprehensive plan, value proposition; strategies and tactics; to heighten visibility, and generate business opportunities.
She formally spearheaded the Business Resource Exchange Initiative which offered network, mentoring, and continued learning opportunities for targeted women led businesses in Chicago.
In 2003, Monique earned the Small Business Administration (SBA) Financial Services Advocate of the Year award.
Monique received a B.A. degree from Michigan State University and is currently pursuing the Certified Financial Planner designation. She serves on the Anti-Defamation League's Women of Achievement Committee Member.