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As a leading wealth management firm, we offer proactive expert advice and comprehensive capabilities including financial planning, investment management, private and business banking, trust and estate services, philanthropic advisory, online services and family office solutions.
Go To Wealth Management
We provide asset administration and trust and fiduciary services to exceptionally wealthy families, their family offices and their foundations and endowments. We deliver high-touch personal service, underpinned by institutional-strength operational capabilities.
Go To Wealth Management
We provide asset administration and trust and fiduciary services to exceptionally wealthy families, their family offices and their foundations and endowments. We deliver high-touch personal service, underpinned by institutional-strength operational capabilities.
Go To Wealth Management
We provide asset administration and trust and fiduciary services to exceptionally wealthy families, their family offices and their foundations and endowments. We deliver high-touch personal service, underpinned by institutional-strength operational capabilities.
Go To Wealth Management
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Institutional
Learn about asset management solutions including: global index management, active equity and fixed income, target retirement date funds, and manager of manager programs.
Go To Institutional
Individual
Get answers to your investment challenges with asset management capabilities including alternatives, exchange traded funds, fixed income, mutual funds and tax-advantaged equity.
Go To Individual
Discover our asset management solutions and investment capabilities in index management, cash management and active equity and fixed income.  Learn more about our tailored expertise including benchmark customisation, responsible investing and investment programme oversight.
Go To Asset Management
Discover our asset management solutions and investment capabilities in index management, cash management and active equity and fixed income.  Learn more about our tailored expertise including benchmark customisation and investment programme oversight.
Go To Asset Management
Discover our asset management solutions and investment capabilities in index management, cash management and active equity and fixed income.  Learn more about our tailored expertise including benchmark customisation and investment programme oversight.
Go To Asset Management
Learn about asset management solutions incorporating equity and fixed income products that employ active, passive or quantitative investment approaches, manager of managers oversight programs including alternatives exposure, as well as transition management and securities lending services.
Go To Asset Management
Discover our asset management solutions and investment capabilities in index management, cash management and active equity and fixed income.  Learn more about our tailored expertise including benchmark customisation and investment programme oversight.
Go To Asset Management
Learn about asset management solutions incorporating equity and fixed income products that employ active, passive or quantitative investment approaches, manager of managers oversight programs including alternatives exposure, as well as transition management and securities lending services.
Go To Asset Management
Discover our asset management solutions and investment capabilities in index management, active equity and fixed income. Also learn more about our tailored expertise including benchmark customisation and responsible investing.
Go To Asset Management
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Learn more about asset servicing solutions including global custody, investment operations outsourcing, fund services for traditional and alternative funds, cross-border pooling, investment risk and performance analytical services, securities lending, transition management and treasury services.
Go To Asset Servicing
Learn about asset servicing solutions including cash management, cross-border pooling, fund services for traditional, alternative and exchange traded funds, foreign exchange, global custody, investment operations outsourcing, investment risk and performance analytical services, securities lending and transition management.
Go To Asset Servicing
Learn about asset servicing solutions including cash management, cross-border pooling, fund services for traditional, alternative and exchange traded funds, foreign exchange, global custody, investment operations outsourcing, investment risk and performance analytical services, securities lending and transition management.
Go To Asset Servicing
Learn about asset servicing solutions including cash management, cross-border pooling, fund services for traditional, alternative and exchange traded funds, foreign exchange, global custody, investment operations outsourcing, investment risk and performance analytical services, securities lending and transition management.
Go To Asset Servicing
Learn about asset servicing solutions including cross-border pooling, fund services for traditional and alternative funds, global custody, investment operations outsourcing, investment risk and performance analytical services, securities lending, transition management and treasury services.
Go To Asset Servicing
Learn more about asset servicing solutions including global custody, investment operations outsourcing, fund services for traditional and alternative funds, cross-border pooling, investment risk and performance analytical services, securities lending, transition management and treasury services.
Go To Asset Servicing
Learn more about asset servicing solutions including global custody, investment operations outsourcing, fund services for traditional and alternative funds, investment risk and performance analytical services, securities lending, transition management and treasury services.
Go To Asset Servicing
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Make your business the foundation of your future

 
Solutions for Business OwnersWhether it’s the sale of your company, minimizing tax risk, developing a succession plan, building an investment strategy to diversify your portfolio, creating an estate plan, educating the next generation, or more, Northern Trust can help business owners achieve their goals.

Make your business the foundation for your future. A well planned strategy can help you best leverage your success to help create opportunities and security for you, your family and generations to come.

Our integrated approach to wealth management can  help you clarify your total financial picture, identify your priorities and focus on achieving your life's goals.

 

The Situation

Our client owns a thriving landscaping business, which she runs with the help of her daughter. Her other three children – all boys – are professionals living in other cities. Although she would like to pass the business on to her daughter, she would like to provide for her sons as well.

Customized, integrated solutions

With the help of her estate planning attorney, accountant and Northern Trust financial professionals, she crafts a business succession plan that is designed to help ensure her daughter will own the business at her death.  Options they discuss include:

  • Selling a portion of the real estate owned by the business and using the proceeds to fund a life insurance trust benefiting the other three children
  • Using life insurance in an effort to help provide for sufficient liquidity to pay estate tax upon her death
  • Using a GRAT to transfer shares of the business to her daughter during her lifetime
  • Transferring shares of the business to her daughter in a bargain sale
  • Gifting shares of the business to her daughter
After talking with all her children about her intentions, they agreed that they are each being treated fairly and that her daughter should have the business.  Communication with all her children was a key component of the planning process, thus avoiding a bitter family conflict.
 

Our Services

 
Investing
We combine expert proactive advice, a broad array of capabilities and advanced technology to tailor a sophisticated strategy to help you achieve your financial goals.
Trust and Estate
Draw support and expertise from a team of highly experienced professionals to help create a dynamic estate plan consistent with your goals and needs.
Banking
The expansive banking services we offer provide an ideal complement to your wealth management strategy.
Financial Planning
Based on your unique objectives and priorities, we develop an integrated financial plan to help you achieve your short- and long-term goals.
Philanthropy
We can help you develop an effective charitable giving strategy that can reinforce your family values and perpetuate your vision for years to come.
Family Office
We are dedicated to providing innovative, flexible financial solutions to families of substantial wealth and the family offices that serve them.
 
 
 
 
 
 
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