A comprehensive platform of web-based tools and capabilities
Wealth Passport is an industry-leading technology platform developed by Northern Trust’s Global Family & Private Investment Offices to meet the specialized needs of ultra high-net-worth families and the family offices and advisors who serve them.
Wealth Passport is an industry-leading, web-based platform for ultra-high-net-worth families, their family offices and their advisors. It offers them advanced data aggregation and reporting capabilities with detailed summaries of their net worth and performance measurement data — enabling them to make informed strategic decisions.
Money Movement
- Easy, secure online set up available 24 x 7
- Flexible security levels to meet your needs
- Transactions may be one-time only or recurring at your specification
Asset Aggregation
- Consolidate assets, including nontraditional assets such as real estate and fine art
- Receive a single, timely view of assets held inside and outside of Northern Trust—all consolidated within our secure environment.
Net Worth Summary
- Obtain a complete financial picture of an individual’s or family’s net worth.
- View all assets and liabilities.
- Access key data, such as daily, monthly, quarterly or annual rates of return—and view key details, such as transaction history.
Reporting
- Receive concise, user-friendly reports that allow monitoring of asset allocation; pricing; taxes; transactions; security exposure; valuation; exchange rates and securities information.
- Use the customization feature to modify accounts for which you want reports, or to add or remove data.
Performance Reporting
- Provides an array of performance reporting options, including snapshot views of performance through the Net Worth Summary.
- Access detailed information, such as entity- and security-level performance, asset allocation and attribution analysis.
eDocuments
- Receive banking and investment statements in a secure, online environment, instead of waiting for them to be mailed to you.
- You can also receive an alert when they are available.
A Seamless Level Of Support
As a client of Northern Trust, you are assigned a Relationship Manager, an Account Manager and a Online Consultant who are committed to providing you with the highest level of service. Your Relationship Manager serves as the primary point of contact and provides access to all Northern Trust products and services, while your Account Manager serves as a day-to-day contact, monitoring your daily account activity. The Online Consultant ensures that you are fully utilizing the reporting and query tools of Wealth Passport. Online Consultants train you on the platform and assist in the setup and use of all capabilities of the platform. Further, we provide you with assistance through training sessions, comprehensive web-based help and full-time support staff (24-hours a day, seven days a week).
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Jeff Kauffman |
Jeff Kauffman
Prior to this role, Jeff was President and Chief Executive Officer of Northern Trust’s Personal Financial Services business in the Northeastern United States, serving in that position since April, 2006, and he also lead 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.
