With multiple money managers, asset classes and partnerships, managing and controlling the financial information of a family office can be arduous and time-consuming. Working with a global asset servicing provider gives you greater control and security, as well as thorough, consolidated reporting of all assets. Family offices rely on us daily to serve as a dedicated resource and extension of their existing operations.
We provide a range of asset servicing capabilities including master record-keeping, income collection, dividend payment and trade settlement across the broad spectrum of financial assets. You benefit from efficient processing, attentive service and consolidated information management at the click of a mouse via Wealth Passport.
Building upon our custody services, we also offers alternative asset servicing, complete data aggregation solutions, general ledger solutions, performance analysis and document management.
The Global Family & Private Investment Office Practice provides not only worldwide reach — but also servicing of all asset classes, and unmatched aggregation and reporting capabilities for assets held by both Northern Trust and those held by third parties.
Prior to this role, Jeff was President of Northern Trust’s Wealth Management business in the Northeastern United States, serving in that position since April, 2006, and he also led our international Wealth Management business in the EMEA Region since August, 2010. Previously, he served as President of our Greater New York area business for 3 years. He joined Northern Trust in 2003 from Goldman, Sachs and Co., where he worked from 1992 to 2003 and held several managerial roles, including Managing Director, Co-Head of the financial institutions group within the Fixed Income, Currencies and Commodities division. Mr. Kauffman originally joined Northern Trust in 1984 and held several roles in the commercial banking and corporate finance areas.
Mr. Kauffman holds a Bachelor’s degree in economics from DePauw University and a Master's degree in finance and marketing from Northwestern University's Kellogg Graduate School of Management. He holds NASD Series 7 and 63 licenses.
Mr. Kauffman serves on the Board of Governors of the Museum of Arts & Design in New York City, the Board of Trustees of the American Ballet Theatre in New York City, and the National Foundation for Advancement in the Arts. Mr. Kauffman is a former member of the Board of Directors of The American Red Cross in Darien, Connecticut.