The Financial Times Group Awards Northern Trust with Best Private Bank in the U.S. and Best Private Bank for Succession Planning
CHICAGO--(BUSINESS WIRE)--Nov. 1, 2019--
Northern Trust, a leading provider of wealth management services, has been named Best Private Bank in the U.S. and Best Private Bank for Succession Planning by Professional Wealth Management and The Banker magazines, publications of the Financial Times Group.
“Northern Trust has been one of the most consistent performers in the 11 years that the awards have been running, servicing the highest niches of wealthy clients with industry-leading technology,” said Professional Wealth Management Editor-in-Chief Yuri Bender.
“We appreciate this recognition and reflection of our longstanding dedication to collaborating with clients to assist them in optimizing their wealth,” said Northern Trust Wealth Management President Steven L. Fradkin. “The holistic wealth management innovation embedded in our Goals Driven Wealth Management platform is just one example of how Northern Trust continues to enhance with best-in-class technology, coupled with industry leading advisors, to help clients navigate some of their most important financial decisions.”
These awards are part of the Global Private Banking Awards created in 2009 to recognize excellence in the wealth management industry by firms worldwide. More than 170 banks in more than 60 countries entered submissions for the award.
Northern Trust received the honors at a gala dinner on October 31 in London at the Four Season’s Park Lane Hotel.
Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses. It is recognized for its innovative technology, service excellence and depth of expertise and ranks among the top 10 U.S. wealth managers, with $300.5 billion in assets under management as of September 30, 2019. 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 a global presence with offices in 20 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2019, Northern Trust had assets under custody/administration of US$11.6 trillion, and assets under management of US$1.2 trillion. 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.
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Source: Northern Trust Corporation