Company News »

Northern Trust Named “Best Private Bank in the USA”

Business Wire
Share on StockTwits
Published on

Northern Trust has been named Best Private Bank in the USA for the sixth consecutive year by Professional Wealth Management (PWM) and The Banker magazines, both published by The Financial Times Group. Northern Trust, a leading provider of Wealth Management services for affluent individuals, families and family offices, was also named Best Private Bank for Socially Responsible Investing.

“The 15 judges who assessed our Awards’ entrants considered Northern Trust to be one of the leading institutions in terms of innovation, client-centered strategy and quality of advisers,” said PWM Editor in Chief Yuri Bender, one of the judges. “While the customer service standards and investment strategies of competitor firms in the U.S. are improving, Northern Trust is still managing to stay at the head of the pack.”

“Client needs continue to grow in complexity as they strive to balance their banking, brokerage, planning, fiduciary, philanthropic, investment management and other needs in the context of an ever-changing economic backdrop,” Northern Trust Wealth Management President Steven L. Fradkin said. “We are gratified to receive these awards, which reflect our commitment to service, expertise and integrity in support of our clients and across economic cycles and generations.”

The awards were presented by PWM and The Banker at an October 29 ceremony in Geneva, Switzerland. An international panel of industry professionals judged the submissions and selected winners based on an examination of quantitative and qualitative factors.

Northern Trust is a premier wealth management firm that specializes in goals-based financial advice, offering clients insightful perspectives and creative thinking, backed by innovative technology and a strong fiduciary heritage. Northern Trust is ranked among the top 10 U.S. wealth managers with $220 billion in assets under management as of September 30, 2014, and has a wide network of wealth management offices across the United States and abroad.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide. Chicago-based Northern Trust has offices in 19 states, Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2014, Northern Trust had assets under custody of US$5.9 trillion, and assets under investment management of US$923.3 billion. For 125 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com and follow us on Twitter @NorthernTrust.

NTAC:3NS-20

Share on StockTwits