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Asset Management

Northern Trust Asset Management Names New Co-Head of Wealth Client Group

Sunitha C. Thomas to Co-Lead Newly Formed Team Dedicated to Wealth Management Clients

CHICAGO — Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.1 trillion in assets under management as of June 30, 2023, announced today that Sunitha C. Thomas, CFA will join NTAM as co-head of the newly formed Wealth Client Group.

In this newly created role, Thomas will provide dedicated leadership to serving Northern Trust Wealth Management clients and strengthening NTAM’s presence in the intermediary wealth management industry. Thomas will report to Northern Trust Asset Management President Daniel Gamba.

“Northern Trust is uniquely well-positioned within the wealth management, family office and intermediary markets,” Gamba said. “Northern Trust manages more than $350 billion for private wealth clients across individual securities, SMAs, mutual funds and ETFs, and Northern Trust has delivered value to these clients for more than 130 years. We are excited to bring additional focus to private wealth clients from an asset management perspective, including the addition of Sunitha’s strong investment capabilities and deep experience delivering innovative solutions to clients.”

Sunitha joined Northern Trust more than 20 years ago, spending 15 years in Wealth Management as a Regional Senior Investment Officer in the Central Region, and National Portfolio Advisor, and five years in NTAM as a fundamental equity researcher. Prior to that, she spent six years in investment management roles at Putnam Investments and Fidelity Investments. She has a bachelor’s degree in economics from the University of Chicago and an MBA from the Wharton School of the University of Pennsylvania.

She currently serves on the board of directors of the Harris Theater.

 

About Northern Trust Asset Management

Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments in efforts to realize their long-term objectives. Entrusted with $1.1 trillion in assets under management as of June 30, 2023, we understand that investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take — in all market environments and any investment strategy. That’s why we combine robust capital markets research, expert portfolio construction and comprehensive risk management in an effort to craft innovative and efficient solutions that seek to deliver targeted investment outcomes. As engaged contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect and transparency.

Northern Trust Asset Management (NTAM) is composed of Northern Trust Investments, Inc. (NTI), Northern Trust Global Investments Limited (NTGIL), Northern Trust Fund Managers (Ireland) Limited (NTFMIL), Northern Trust Global Investments Japan, K.K. (NTKK), NT Global Advisors, Inc., 50 South Capital Advisors, LLC,  Northern Trust Asset Management Australia Pty Ltd, and investment personnel of The Northern Trust Company of Hong Kong Limited (TNTCHK) and The Northern Trust Company (TNTC).

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 a global presence with offices in 25 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2023, Northern Trust had assets under custody/administration of US$14.5 trillion, and assets under management of US$1.4 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us at Northern Trust Corporation on LinkedIn.

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 https://www.northerntrust.com/terms-and-conditions.