Northern Trust Bank (Nasdaq: NTRS) stands as a globally recognized Fortune 500 Company, guiding the world’s most successful individuals, families, and institutions with innovative wealth management, asset servicing, and investment solutions. Since its inception in 1889, Northern Trust has remained steadfast in its commitment to the enduring principles of service, expertise, and integrity, building a legacy that empowers clients to confidently achieve their financial goals. Originating as a trust bank, Northern Trust has evolved into a global powerhouse with a dedicated team of over 24,000 employees spanning more than 20 countries.
This expansive global presence is structured around five core business units, each contributing to Northern Trust’s comprehensive service offering:
- Wealth Management: Providing tailored strategies and solutions to help individuals and families manage, grow, and protect their wealth across generations.
- Asset Management: Delivering sophisticated investment management expertise across a range of asset classes to meet diverse client objectives.
- Asset Servicing: Offering comprehensive operational and technological support to institutional investors worldwide, ensuring efficiency and accuracy in asset administration.
- Technology: Developing and implementing cutting-edge technological solutions that underpin Northern Trust’s services and enhance client experience.
- Corporate Functions: Providing essential internal services and strategic direction to support the overall success and growth of Northern Trust.
At Northern Trust, employees are considered partners, a testament to the bank’s understanding that strong relationships are fundamental to success. The company fosters a diverse and inclusive environment where innovation is encouraged, and employees are empowered to challenge conventional approaches. Northern Trust recognizes the importance of work-life balance, supporting employees’ personal and professional aspirations. This commitment ensures that individuals can build dynamic careers without compromising their personal well-being, fostering a fulfilling and sustainable work experience.
As of March 31, 2023, Northern Trust Corporation demonstrated its robust financial strength with:
- $14.2 trillion in assets under custody/administration
- $11 trillion in assets under custody
- $1.3 trillion in assets under management
- $151 billion in banking assets
These figures underscore Northern Trust Bank’s significant scale and influence in the global financial landscape, reflecting the trust and confidence placed in the institution by its clients worldwide. Northern Trust continues to be a leader in providing exceptional financial services, driven by a deep-rooted commitment to its clients, partners, and the communities it serves.
