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Awards and Recognition


Northern Trust enjoys honors as a leading global financial institution and employer

Each year Northern Trust is recognized as an industry leader in both the services we provide our clients and the innovations we offer as an employer. Recent distinctions include:

  • America's Best Banks
    Forbes, 2017
  • World’s Best Private Bank - United States Country Award
    Global Finance, 2017
  • A World's Most Ethical Company
    Ethisphere Institute, 2017 - Fourth Consecutive Year
  • Northern Trust has been identified as one of the companies with the greatest level of admiration in the world
    by Fortune Magazine for ten consecutive years - 2016
  • America's Best Large Employers - Banking and Financial Services
    Forbes, 2016 

Corporate Social Responsibility

  • Corporate Support Pillar Award
    United Way of Metropolitan Chicago, 2016
  • Top 50 Company for Executive Women
    National Association for Female Executives (NAFE), 2016-Seventh Consecutive Year
  • Top 50 Companies for Latinas to Work for in the United States
    Latina Style Magazine, 2016
  • 50 Out Front Best Places for Women & Diverse Managers to Work
    Diversity MBA Magazine, 2015 - Seventh Consecutive Year
  • 40 Best Companies for Diversity
    Black Enterprise, 2015
  • 100 Best Corporate Citizens
    Corporate Responsibility Magazine, 2015
  • Best Places to Work for LGBT Equality
    Corporate Equality Index, 2015 – Eighth Consecutive Year

Workplace Flexibility

  • 100 Best Adoption-Friendly Workplaces List
    Dave Thomas Foundation for Adoption, 2016

Asset Servicing

  • Private Equity Fund Administrator of the Year
    Global Investor/ISF Awards, 2017
  • Gold Standard Accreditation, Northern Trust's UK and
    Ireland Transfer Agency Teams
    Investor In Customers (IIC), 2017
  • Best Global Custodian
    Global Finance Magazine, 2017 (2nd Consecutive Year)
  • Best Global Custodian, North America
    Global Finance Magazine, 2017
  • Best Global Custodian for Asset Owners
    AsianInvestor's Asset Management Awards, 2017 (2nd Consecutive Year)
  • Best Shadow Accounting Firm
    CTA Intelligence U.S. Services Awards, 2017
  • Best Banking and Custody Solution
    HFM U.S. Hedge Fund Services Awards, 2016
  • Hedge Fund Administrator of the Year
    Custody Risk Global Awards, 2016
  • Best Custody Services
    Fund Intelligence U.S. Mutual Fund Services Awards, 2016
  • Best Administrator Technology and Reporting
    Fund Intelligence U.S. Mutual Fund Services Awards, 2016
  • Fund Administrator of the Year, Europe
    Global Investor/ISF 30th Anniversary Awards, 2016
  • Best Custody Specialist - Institutional
    The Asset - Triple A Asset Servicing, Investor and Fund Management Awards, 2017 (9th consecutive year)
  • Top Three Hedge Fund Administrator
    Institutional Investor’s Alpha Awards, 2016
  • Global Custodian of the Year
    Central Banking Awards, 2016
  • Ranked #1 in "Top 200 Asset Managers" Category
    R&M Investor Services Survey, 2016
  • Pension Custodian of the Year
    Custody Risk European Awards, 2015
  • Best Administrator - Technology
    HFM Week European Hedge Fund Services Award, 2015
  • Private Equity Fund Administrator of the Year
    Custody Risk Americas Awards, 2015
  • Mutual Fund Administrator of the Year
    Custody Risk Americas Awards, 2015
  • Securities Lender of the Year
    Custody Risk Americas Awards, 2015
  • Best European ETF Administrator
    ETF Express Global Awards, 2015

Asset Management

  • Best Smart Beta Strategies
    Asia Asset Management Journal, Best of the Best Awards, 2015
  • Pensions & Investments Magazine’s 2017 Special Report on the Largest Money
    Managers ranks Northern Trust among the top asset management firms in multiple categories, detailed below.
    • Ranked by Markets Served 
      • 14th largest manager - worldwide assets1
      • 12th largest manager - worldwide institutional assets2
      • 5th largest manager - U.S. institutional tax-exempt assets
      • 8th largest manager - defined benefit assets3
      • 10th largest manager - defined contribution assets4
      • 6th largest manager - sovereign wealth funds1
      • 5th largest manager - central banks1
      • 6th largest manager - endowment/foundation assets3
      • 16th largest manager - sponsored exchange-traded funds1
    • Ranked by Investment Strategy
      • Cash: Largest Institutional tax-exempt assets managed internally3
      • 6th largest manager - factor-based strategies1
      • 3rd largest manager - passive international securities tax-exempt assets3
      • 5th largest manager - indexed U.S. equity3
      • 4th largest manager - indexed U.S. bonds3
      • 16th largest manager - ESG principles1
      • 17th largest manager - emerging markets equity3

1Total worldwide assets under management
2Worldwide institutional assets under management
3US Institutional, tax exempt assets managed internally
4US Institutional, tax exempt assets

Rankings are not indicative of future performance. Rankings based on total worldwide assets under management of $942.5 billion as of December 31, 2016. Pensions & Investments 2017 Special Report on Money Managers appeared in the publication’s
May 29, 2017, issue and online at Ranking information reprinted with permission, Pensions & Investments, copyright Crain Communications, Inc

Wealth Management

  • Best Private Bank for Entrepreneurs
    Global Finance, 2017
  • Best Private Bank in the U.S.
    Financial Times, 2016
  • Best Wealth Management Mobile Technology
    Brand New Media, 2016
  • Best Private Bank in the United States
    Global Finance, 2016
  • Recipient of Global Custodian Award
    Wealth Briefing, 2016
  • Ranked #3 on the Top 50 Family Offices
    Bloomberg, 2015
  • Best Private Bank for Succession Planning
    Professional Wealth Management, 2015
  • Best Asset Management Firm Serving Family Offices and Private Banks
    Family Wealth Report Awards, 2015
  • Ranked among the Top 50 Money Management Firms
    CNBC, 2015
  • Institutional Trust or Fiduciary Company
    Wealthbriefing GCC Region Awards, 2015
  • Ranked among the Top 10 Wealth Managers in America
    Barron's, 2015


  • CIO 100 Awards – Business Analytics
    CIO Magazine, 2016
  • Best Buy Side Technology Executive-American Financial Technology Award
    Waters Magazine, 2016
  • Best Global Deployment-American Financial Technology Award
    Waters Magazine, 2016
  • Best Infrastructure Initiative-American Financial Technology Award
    Waters Magazine, 2016
  • Top Wealth Management Mobile Application
    Brand New Media, 2016
  • Best Cloud Initiative-American Financial Technology Award
    Waters Magazine, 2015
  • Best Analytics Initiative-American Financial Technology Award
    Waters Magazine, 2015