Northern Trust Corporation · NASDAQ:NTRS
Northern Trust — CLSA AsiaUSA Forum 2010
27 slides from Northern Trust's conference presentation, Mar 1, 2010
Slide 1: Northern Trust Corporation – CLSA AsiaUSA Forum 2010
Exhibit 99.1 NORTHERN TRUST Service Expertise Integrity CORPORATION Frederick H. Waddell Chairman & Chief Executive Officer CLSA AsiaUSA Forum 2010 San Francisco, California March 2, 2010 © 2010 Northern Trust Corporation
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation may include forward-looking statements such as statements that relate to Northern Trust’s financial goals, dividend policy, expansion and business development plans, risk management policies, anticipated expense levels and projected profit improvements, bu
Slide 3: Agenda
Agenda Northern Trust Corporation Strategic Positioning Personal Financial Services Corporate & Institutional Services Northern Trust Global Investments Financial Strength Conservative, Client Driven Balance Sheet Consistent Earnings Power 3 Service Expertise Integrity
Slide 4: Strategic Positioning
Service Expertise Integrity Strategic Positioning © 2010 Northern Trust Corporation
Slide 5: A Client-centric and Highly Focused Business Model
A Client-centric and Highly Focused Business Model Our Clients Pension Funds Government Families Individuals Agencies Large Corporations Family Privately Taft-Hartley Investment Foundations Held Management Firms Foundations / Businesses Family Offices Endowments / Insurance Companies Healthcare Sove
Slide 6: A Client-centric and Highly Focused Business Model
A Client-centric and Highly Focused Business Model Northern Trust has resisted the temptation to change our business or risk profile to capitalize on temporarily shifting cycles. :ni TON si tsurT nrehtroN sessenisuB Investment Banking Credit Cards Retail Banking Consumer Finance Sub-Prime Mortgage U
Slide 7: Personal Financial Services
Service Expertise Integrity Personal Financial Services © 2010 Northern Trust Corporation
Slide 8: Extensive Reach in Attractive Target Market
Extensive Reach in Attractive Target Market Network of PFS Offices in 18 States Northern Trust Named Over 50% of the U.S. millionaire market resides ‘Best Private Bank in within a 45-minute drive of Northern Trust offices. North America’ By publications of the Financial Washington Times Group, Novem
Slide 9: Integrated Approach to Wealth Management
Integrated Approach to Wealth Management… …addresses the full spectrum of our clients’ unique needs. Asset Financial Servicing Planning Investment Family Management Education Estate Family Business Administration Management Private & Client Brokerage Business Banking Services Online Philanthropic Se
Slide 10: Largest Personal Trust Provider in the U.S.
Largest Personal Trust Provider in the U.S. Personal Trust Assets ($ Billions) 1. Northern Trust $190.4 2. Bank of America 105.7 3. Wells Fargo 69.3 4. JPMorgan Chase 63.2 5. Citigroup 61.2 6. PNC Financial 51.2 7. Bank of NY Mellon 44.7 8. U.S. Bancorp 34.4 9. SunTrust 20.6 10. Wilmington Trust 18.
Slide 11: Spotlight: Industry Leading Wealth Management Group
Spotlight: Industry Leading Wealth Management Group Serving the World’s Wealthiest Families Overview: Client Locations: ~410 family relationships in 19 countries Bermuda Average relationship size = $475+ million Canada France 20% of Forbes 400 Richest Americans Germany WMG AUC CAGR 1999-2009 = 14% G
Slide 12: Corporate & Institutional Services
Corporate & Service Expertise Integrity Institutional Services © 2010 Northern Trust Corporation
Slide 13: A Worldwide Leader in the Institutional Marketplace
A Worldwide Leader in the Institutional Marketplace Active Manager of managers Asset Index Hedge funds Management Investment outsourcing Private equity Liability driven investing Transition management Asset Cross-border pooling Securities lending Enhancement Trade execution Foreign exchange Cash man
Slide 14: Positioned Globally for Growth
Positioned Globally for Growth Serving clients locally and capitalizing on global opportunities North America Europe, Middle East, & Africa Chicago Toronto New Dublin Guernsey Stockholm London Amsterdam Luxembourg Abu Dhabi (Corporate York Headquarters) Limerick Jersey Asia Pacific Tokyo Beijing Hon
Slide 15: Strong Presence in Target Institutional Segments
Strong Presence in Target Institutional Segments Pension Plans Public Funds / Taft-Hartley / Insurance Northern Northern Of the Top Serves Of the Top Serves 100 U.S. Corporate Plans 44% 25 Taft-Hartley Funds 36% 200 U.S. Funds 47% 100 U.S. Public Funds 38% 200 U.K. Funds 30% 100 U.S. Insurance Cos 2
Slide 16: Spotlight: Pursuing Mandates Across Multiple Markets
Spotlight: Pursuing Mandates Across Multiple Markets Finland Germany UAE Canada Japan Norway Luxembourg United Kingdom Sweden Belgium Iceland Denmark China Ireland France Thailand Guernsey U.S.A. Malta and Jersey South Korea Bermuda Netherlands Taiwan Switzerland Philippines Malaysia Brunei Oman Hon
Slide 17: Spotlight: A Decade of Strong Growth in International Assets
Spotlight: A Decade of Strong Growth in International Assets Global Custody Assets ($ Billions) 12/31/99 to 12/31/09 CAGR $2,087 Global Custody Assets +20% $1,933 S&P 500 -3% $1,691 EAFE International -1% $1,422 $1,240 $965 53% 50% 48% 47% $727 42% Global 38% $452 $471 35% Custody $385 Assets as a %
Slide 18: Northern Trust Global Investments
Service Expertise Integrity Northern Trust Global Investments © 2010 Northern Trust Corporation
Slide 19: A Diversified, World Class Asset Manager
A Diversified, World Class Asset Manager $627.2 Billion Assets Under Management as of December 31, 2009 Across Asset Classes Across Client Segments Across Styles Short Duration $229 Billion Personal (36%) $145 Billion Active Index $308 Billion $280 Billion Equities $265 Billion Institutional (49%) (
Slide 20: Providing Investment Solutions to Target Clients
Providing Investment Solutions to Target Clients $627.2 Billion Assets Under Management as of December 31, 2009 Investment Solutions for Investment Solutions for Personal Clients Institutional Clients $145.2 Billion $482.0 Billion Equities $51B / 35% Passive $267B / 55% Sec Lending Short Collateral
Slide 21: A Continuum of Global Investment Solutions
A Continuum of Global Investment Solutions Client-specific solutions delivered through an extensive range of investment products and services Products Active Global Index Management Manager of Managers Services Securities Lending Transition Management Commission Recapture Securities Brokerage Cash O
Slide 22: Financial Strength
Service Expertise Integrity Financial Strength © 2010 Northern Trust Corporation
Slide 23: Consistently Strong and Conservative Balance Sheet
Consistently Strong and Conservative Balance Sheet High Quality, Short Duration Diversified, High Quality Consistently Outstanding Securities Portfolio Loan Portfolio Capital Strength 91% of Northern Trust’s Relationship-based lending Northern Trust Corporation total securities portfolio practices c
Slide 24: Strong, Consistent Growth Over Time
Strong, Consistent Growth Over Time ASSETS UNDER CUSTODY ASSETS UNDER MANAGEMENT ($ Trillion) ($ Billion) 1999-2009 CAGR = 9% 1999-2009 CAGR = 8% S&P 500 CAGR = -3% $4.1 S&P 500 CAGR = -3% $757 EAFE CAGR = -1% $3.7 $618 $627 $2.9 $2.1 $479 $1.5 $1.7 $320 $292 1999 2001 2003 2005 2007 2009 1999 2001
Slide 25: Concluding Thoughts
Service Expertise Integrity Concluding Thoughts © 2010 Northern Trust Corporation
Slide 26: Strategic Growth Opportunity + Financial Strength
Strategic Growth Opportunity + Financial Strength Well Positioned to Capitalize on Global Growth Opportunities Leadership position in attractive, client-focused, business segments Strong brand and reputation with a 120-year heritage Compelling growth opportunities from global dislocation Proven reco
Slide 27: Northern Trust Corporation
Exhibit 99.1 NORTHERN TRUST Service Expertise Integrity CORPORATION Frederick H. Waddell Chairman & Chief Executive Officer CLSA AsiaUSA Forum 2010 San Francisco, California March 2, 2010 © 2010 Northern Trust Corporation