Press release
Northern Trust Named Best Private Bank in the U.S.
Financial Times Group Awards Northern Trust with Best Private Bank in the U.S. with Commendation for Thematic Investing CHICAGO--(BUSINESS WIRE)-- Northern
About this update from Northern Trust Corporation
[{"type":"text","content":"\nFinancial Times Group Awards Northern Trust with Best Private Bank in the U.S. with Commendation for Thematic Investing\n\n CHICAGO--(BUSINESS WIRE)--\nNorthern Trust, a leading provider of wealth management services, has been named Best Private Bank in the U.S. by Professional Wealth Management and The Banker magazines, publications of the Financial Times Group. Northern Trust was also highly commended for Best Private Bank for Thematic Investing for the firm’s industry-leading approach to Goals Driven Wealth Management.\n\n\"The judges of the Global Private Banking Awards were particularly impressed by Northern Trust, given the increasingly competitive U.S. marketplace, populated by some very high profile and quality players,” said Professional Wealth Management Editor-in-Chief Yuri Bender. “Northern Trust's ability to engage with clients and bring new ideas while maintaining strong leadership through difficult times was all highlighted by the judges.”\n\n“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. “Amid the tumult and uncertainty of 2020, Northern Trust has remained perpetually restless in our pursuit of excellence and in our commitment to provide industry-leading counsel in investment, fiduciary, planning, family business, philanthropy, governance, and other dimensions. Our launch of The Northern Trust Institute, for example, with 175 faculty members, harnesses the intellectual capital of our firm, drawn from our 130 years serving the most affluent individuals and families in the world.”\n\nThese 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.\n\nNorthern Trust received the honors at a virtual event on November 5.\n\nNorthern 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 $318.5 billion in assets under...