LGBT Individuals and Non-Traditional Families

National Practice Executive, Banking

Susan H. Mallory is the Global Banking Practice Executive for Personal Financial Services, Northern Trust. In her role, she is responsible for all of Northern Trust's banking strategy and activities domestically and globally for families and individuals of wealth. She has thirty four years of experience in the financial services industry. The majority of Susan's career has been spent as a middle market Commercial Banker providing financial, banking and financial advice to privately-held companies and the owners of those companies, as well as real estate developers and investors. In addition to her leadership responsibilities, Susan works with families and individuals to build, grow and transfer wealth.

She earned a Bachelor of Arts degree in History and a Master of Arts degree in Diplomacy and World Affairs from Occidental College, Los Angeles.

Susan currently serves as a member of the Board of Trustees of Occidental College and on the boards of the Children’s Hospital Los Angeles, the Los Angeles World Affairs Council, the Geffen Playhouse and the Trusteeship. She has served on numerous boards over the past twenty years focused on education, the arts and culture, as well as, human and animal services. In addition to a number of leadership roles on boards, she served as president the Board of Trustees of the Bishop’s School and was a founding board member and president of the board of UCSD Athena.

Susan is a member of The Pacific Council on International Policy, The Beverly Hills Literary Society, where she most recently served as Chapter Leader, The California Club, The Northern Trust Open Legends Club, The Trusteeship, an affiliate of the International Women's Forum, Women Corporate Directors, Organization of Women Executives, the Junior League of Los Angeles, as well as both ZLAC and San Diego Rowing Clubs. She is actively involved in animal welfare organizations and rescue.

Susan has been the recipient of many awards, notably, the San Diego County YMCA’s 2001 Martin Luther King, Jr. Human Dignity Award for volunteerism. Susan also received the 2001 Individual Athena Pinnacle Award and the 2003 Director of the Year Award for non-profit board governance and community contributions given by the Corporate Directors Forum. In 2004, Susan was named one of San Diego’s 10 “Cool Women” by Girl Scouts of San Diego and was awarded the 2005 San Diego Regional Chamber of Commerce Chairman’s Award, along with the other members of the Government Interface Committee.

Vice President

Sue is a Senior Financial Consultant in the Financial Consulting Group. She has twenty years of experience providing financial planning and investment analysis to executives, business owners, high net worth individuals and families. Sue’s emphasis is on retirement planning, cash flow analysis, stock options, compensation and benefits, wealth transfer, charitable gifting, and risk management. Sue’s straight forward approach to planning assists clients in developing solutions to meet their individual needs.

Prior to joining Northern Trust, Sue was a Financial Planner at Guarantee Associates, LLC in Lansing, and an Associate Financial Planner at Ernst & Young, LLP in Chicago from 1997 to 2002. She has been a contributing editor during 2000, 2001 and 2002 for the Ernst & Young Tax Guide.

Sue earned a Bachelor’s Degree in Organizational Management from Calumet College of St. Joseph in Indiana. She received the Certified Financial Planner™ (CFP®) designation from the College of Financial Planning in Denver, Colorado and is a member of the Financial Planning Association (FPA).

National Director of Philanthropic Services

As national director of philanthropic services, Marguerite is responsible for the delivery and growth of Northern Trust's philanthropic services to Personal Financial Services clients. She specializes in administering charitable trusts and private foundations and counsels clients regarding charitable giving and grant-making practices. Marguerite was most recently a senior trust administrator and relationship manager in the Personal Trust Administration Department where she was responsible for the administration of large, complex trusts for individuals and families, including irrevocable trusts, family limited partnerships, charitable trusts and supporting organizations. Her duties involved working with sophisticated estate plans, sensitive family situations and complex property transfers.

Prior to joining Northern Trust in 1999, Marguerite was a vice president and trust administrator within the private clients division of Bank One (now Chase). She also practiced law as an associate with Vedder, Price, Kaufman & Kammholz where she specialized in estate planning, nonprofit organization law, charitable trusts and private foundations.

Marguerite received her bachelor’s degree from Washington University in St. Louis, her law degree from Northwestern University School and is a Certified Trust and Financial Advisor. She is a member of the Chicago Bar Association and the Chicago Estate Planning Council and is admitted to practice before the Illinois Supreme Court. Marguerite has received recognition from Chicago United as a 2007 Business Leader of Color.

She is an active volunteer, advisor and board member with several charitable and cultural institutions, including The Art Institute of Chicago, The Chicago Symphony Orchestra, The Chicago Community Trust, The Ravinia Festival and the WFMT/WTTW Planned Giving Committee and the Donors Forum.

Marguerite’s areas of specific expertise include:

• Strategic planning
• International grantmaking
• Arts and culture
• Giving best practices
• Community foundations
• Mission-related investing
• Capital and endowment campaigns
• Donor relations
• Fundraising strategies
• Board governance issues

Executive Vice President
Chief Fiduciary Officer

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

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.

Hugh 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 lectures for the Illinois Institute for Continuing Legal Education, many Bar Associations, and Northern Trust on estate and charitable planning, trust administration, and fiduciary risk management. He serves on the Boards of the Creator Arts Center, the Block Museum of Art, and several foundations. He is a member of the Site Council for the Gaylord Building of the National Trust for Historic Preservation and a Scoutmaster with the Boy Scouts of America. He and his wife reside in Winnetka, Illinois with their three children.