Northern Trust (Nasdaq: NTRS), a leading provider of financial services for family offices, institutions and affluent individuals worldwide, has been named “Best Asset Management Firm Serving Family Offices and Private Banks” at the third annual Family Wealth Report Awards. 2016 marks the second consecutive year Northern Trust’s Global Family & Private Investment Office group has been recognized with this award.
“We are honored that Family Wealth Report and our peers have chosen us to receive this award for the second year in a row,” said David Fox, head of Northern Trust’s Global Family & Private Investment Office Group. “It reflects Northern Trust’s dedication to providing superior global investment solutions, client service, fiduciary expertise, and core reporting solutions to the family offices we serve around the world.”
Northern Trust’s Global Family & Private Investment Office group serves 400 families, including 20 percent of the Forbes 400, with more than $60 billion in assets under management and $320 billion in assets under custody. More than 250 professionals worldwide provide institutional portfolio measurement, risk analytics, compliance monitoring and global financial reporting solutions to family offices, while offering contemporary asset management, fiduciary and banking solutions through a wealth management framework of advice and execution.
The award was presented by ClearView Financial Media, publisher of the Family Wealth Report, at a March ceremony in New York. An international panel of industry professionals judged the nominations and selected winners based on the quality of leadership, management structure and technological capabilities for this award category.
About Northern Trust Wealth Management
Northern Trust Wealth Management specializes in Goals Driven Wealth Management backed by innovative technology and a strong fiduciary heritage. Northern Trust Wealth Management is ranked among the top 10 U.S. wealth managers with $227 billion in assets under management as of December 31, 2015, and a wide network of wealth management offices across the United States and abroad.
The Northern Trust Company is an Equal Housing Lender. Member FDIC.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2015, Northern Trust had assets under custody of US$6.1 trillion, and assets under management of US$875 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures.
About ClearView Financial Media Ltd (“ClearView”)
ClearView Financial Media was founded by Chief Executive, Stephen Harris in 2004, to provide high quality ‘need to know’ information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the Family Wealth Report group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events programme. With teams based in London, Singapore, Switzerland, South Africa and the Philippines, the company is one of the fastest-growing media groups serving the financial services sector.