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Private Finance and Banking

Our bankers have extensive backgrounds in corporate, international and private banking, and will work with you to develop creative, customized strategies to suit you. We have expertise to address complex situations including challenging legal or tax structures, closely held businesses or complex trust and estate plans. Each banker is supported by credit analysts and associates to meet all your anticipated credit needs.

Our private finance facilities include:

  • Lines and Letters of Credit
  • Structured Finance
  • Margin Financing
  • Leasing
  • Interest Rate Swaps
  • Asset Acquisition or Refinance
  • Investment Program Leverage

Our deposit products include:

  • Personal and Commercial Sweep Accounts (Funds may be swept to non-FDIC insured investments)
  • Interest and Non-Interest Checking Accounts
  • Premium Money Market Deposit Accounts
  • Certificates of Deposit
  • Quarterly Tax Payments
  • Foreign Currency Accounts
  • Wire Transfers
  • Traditional and Roth Individual Retirement Accounts

Financing Structures specific to the Family Office Market

  • Attentive to interrelationship of cash flow requirements, tax and estate planning and asset allocation formulas
  • Strategic use of credit facilities may be established expeditiously without disrupting asset management strategies
  • Flexible financing for purchase/refinancing of residences with maturities that coincide with other facets of a financial plan
  • Monetize illiquid assets such as partnership and LLC interests
Jeff Kauffman

Jeff Kauffman

President, Global Family & Private Investment Offices
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Jeff Kauffman

Jeff Kauffman

President, Global Family & Private Investment Offices
Jeff Kauffman is President of our Global Family & Private Investment Office group. Jeff took on this role effective April 1, 2012. This group was formed by recombining our Wealth Management groups in Chicago and EMEA as well as including the International Wealth Advisory business in Miami.

Prior to this role, Jeff was President of Northern Trust’s Wealth Management business in the Northeastern United States, serving in that position since April, 2006, and he also led 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.

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