Global Family & Private Investment Offices
Tailored tools and services to meet your family office data management and performance reporting needs.
Family Offices have access to more data, managers, and investments than ever before. Accounting for, managing, and reporting upon all assets belonging to a family while accommodating individual needs presents a significant challenge for any family office. By leveraging the best of Northern Trust’s institutional and private client technology capabilities via a single integrated technology platform, we offer powerful end-to-end technology and reporting solutions designed for and by family offices.
Tailor your technology solution to your specific needs with our on-demand, decision-ready tools and services for family offices.
Families and family offices come in different shapes and sizes and have unique attributes that require a distinctive service model.
We empower you with decision-ready tools and on demand services so you can make more thoughtful business and portfolio decisions, resulting in reduced friction, risk and cost in day-to-day operations.
Family offices manage a wide array of assets – from bank accounts to real estate to alternative assets – that come with complex reporting requirements.
Whether you are looking for data on bank accounts, managed accounts or specialty assets like art, wine, boats and planes, we offer a variety of data aggregation solutions, so you have a single source of data.
Securely initiate and approve monetary transfers and trades from anywhere.
Northern Trust’s money movement, trade and FX tools are designed to increase operational efficiency and security for family offices. Protect your information, import multiple transactions and expedite the approval process.
How is your family office portfolio performing? Are investments contributing to overall return? Or detracting from the desired risk profile?
Our performance modules improve decision making with flexible dashboards, on-demand access to information and a broad suite of reports to analyze portfolio performance.
Integrated Accounting Solutions
Technology-enabled partnership accounting and general ledger solutions
Fully automated income allocation and reallocation with specific allocations for P&L, capital activity contributions, distributions and deferred capital processing.
Layering and entitlement/aggregate tax allocation methodologies. Fully automated tax allocation and 704c tracking. Production of tax worksheets for 1065s and K-1s.
Integrate book/tax general ledger(s) with market discount/premium/OID amortization and accretion Trial balance, account detail, financial statements modules and portfolio reconciliation.
Powerful reporting and data visualization tools to intuitively navigate data.
Visualizations and self-service dashboards
Quickly design compelling dashboards and charts based on the data you select.
Analyze and report on data
Cut large segments of data into smaller parts and find the right level of detail for analysis.
Integrate uploaded files with your Northern Trust data.
Personalize your experience with tailored, guided experience over any device
YOUR DATA: ANY PLACE, ANY TIME
Backed by the experience, innovation and advisory capabilities of Northern Trust, our suite of integrated technology solutions provides comprehensive information gathering, money movement, accounting and GL solutions, data aggregation, and reporting capabilities, resulting in a complete picture of a family’s net worth while supporting the day-to-day tasks that occur within a family office and among its advisors.
Working with you and your advisors
We can find the right level of our engagement to help you improve your wealth transfer plan.
Global Family Offices
Let us help meet the complex technology needs of your family office
Discover how we can work together to optimize your family office's operations and investments through cutting edge technology.