Steve "Mac" MacLellan is the President and Chief Executive Officer of the Central Region for Northern Trust's Personal Financial Services (PFS) 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 Personal Financial Services Executive Committee and is a board member of Northern Trust Securities Inc.
Prior to his current role, MacLellan was the CEO and Global Head of Business Practices and Client Segments for Northern Trust's PFS business. In that capacity, he oversaw PFS's professional business practices (investment management, private banking, personal trust and advisory services) as well as PFS'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 and CEO for Northern Trust's PFS business in the Southwest Region (Arizona, Texas and Colorado). And prior to that assignment he served as National Director of Wealth Advisory Services.
Jim is a Chartered Financial Analyst with over twenty-five years of portfolio management experience. Prior to Northern Trust, Jim was associated with M&I Investment Management Corporation where he was Chairman of the Investment Policy Committee. Jim was responsible for the oversight of the portfolio management staff as well as serving the investment needs of high net worth individuals, endowments, foundations and corporate retirement plans.
Jim graduated from Marquette University with a B.S./B.A. degree in Accounting. Jim is a member of the Association for Investment Management and Research and the Milwaukee Investment Analyst Society and received his CFA designation in 1989. He serves on the board of directors for the Zoological Society of Milwaukee.