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Northern Trust Announces Wealth Management Leadership Changes

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Northern Trust Wealth Management has announced two key leadership changes. Dino De Vita has been appointed as President of Global Family & Private Investment Offices (GFO), while Marc Cosentino has been named West Region President of Northern Trust Wealth Management. These appointments aim to support the company's growth and address clients' complex needs.

De Vita will lead a global team of over 300 professionals, serving more than 500 ultra-high-net-worth individuals and their family offices worldwide. Cosentino will oversee the wealth management business in the West Region, covering six states. Both executives bring extensive experience within Northern Trust to their new roles.

Northern Trust Wealth Management offers comprehensive services for affluent individuals, families, foundations, and businesses, managing $419.4 billion in assets as of June 30, 2024.

Northern Trust Wealth Management ha annunciato due importanti cambiamenti nella leadership. Dino De Vita è stato nominato Presidente degli Uffici Globali per le Famiglie e gli Investimenti Privati (GFO), mentre Marc Cosentino è stato nominato Presidente della Regione Ovest di Northern Trust Wealth Management. Queste nomine mirano a sostenere la crescita dell'azienda e a rispondere alle complesse esigenze dei clienti.

De Vita guiderà un team globale di oltre 300 professionisti, servendo più di 500 individui ultra-forti e i loro uffici familiari in tutto il mondo. Cosentino supervisionerà il business di gestione patrimoniale nella Regione Ovest, coprendo sei stati. Entrambi i dirigenti portano nelle loro nuove mansioni una vasta esperienza all'interno di Northern Trust.

Northern Trust Wealth Management offre servizi completi per individui benestanti, famiglie, fondazioni e imprese, gestendo 419,4 miliardi di dollari in attivi al 30 giugno 2024.

Northern Trust Wealth Management ha anunciado dos cambios clave en la dirección. Dino De Vita ha sido nombrado Presidente de las Oficinas Globales de Familias e Inversiones Privadas (GFO), mientras que Marc Cosentino ha sido designado Presidente de la Región Oeste de Northern Trust Wealth Management. Estos nombramientos tienen como objetivo apoyar el crecimiento de la empresa y abordar las complejas necesidades de los clientes.

De Vita liderará un equipo global de más de 300 profesionales, atendiendo a más de 500 individuos ultra-ricos y sus oficinas familiares en todo el mundo. Cosentino supervisará el negocio de gestión de patrimonios en la Región Oeste, abarcando seis estados. Ambos ejecutivos aportan una amplia experiencia en Northern Trust a sus nuevos roles.

Northern Trust Wealth Management ofrece servicios integrales para individuos adinerados, familias, fundaciones y negocios, gestionando 419,4 mil millones de dólares en activos al 30 de junio de 2024.

노던 트러스트 웰스 매니지먼트는 두 가지 주요 리더십 변화를 발표했습니다. 디노 드 비타가 글로벌 가족 및 사모투자 사무소(GFO) 회장으로 임명되었고, 마크 코스틴토가 노던 트러스트 웰스 매니지먼트의 서부 지역 회장으로 임명되었습니다. 이러한 임명은 회사의 성장과 고객의 복잡한 요구 사항을 지원하는 것을 목표로 하고 있습니다.

드 비타는 전 세계 300명 이상의 전문가로 구성된 팀을 이끌며, 전 세계 500명 이상의 초고액 자산 개인과 그들의 가족 사무소에 서비스를 제공합니다. 코스틴토는 서부 지역의 자산 관리 비즈니스를 감독하며, 6개 주를 커버합니다. 두 임원 모두 노던 트러스트에서의 풍부한 경험을 바탕으로 새로운 역할에 임합니다.

노던 트러스트 웰스 매니지먼트는 부유한 개인, 가족, 재단 및 기업을 위한 포괄적인 서비스를 제공하며, 2024년 6월 30일 기준으로 4,194억 달러의 자산을 관리하고 있습니다.

Northern Trust Wealth Management a annoncé deux changements clés de direction. Dino De Vita a été nommé Président des Bureaux d'Investissement Privés et Familiaux Globaux (GFO), tandis que Marc Cosentino a été désigné Président de la Région Ouest de Northern Trust Wealth Management. Ces nominations visent à soutenir la croissance de l'entreprise et à répondre aux besoins complexes des clients.

De Vita dirigera une équipe mondiale de plus de 300 professionnels, au service de plus de 500 individus ultra-fortunés et de leurs bureaux familiaux dans le monde entier. Cosentino supervisera l'activité de gestion de patrimoine dans la Région Ouest, couvrant six États. Les deux dirigeants apportent une vaste expérience au sein de Northern Trust à leurs nouveaux rôles.

Northern Trust Wealth Management propose des services complets pour les individus fortunés, les familles, les fondations et les entreprises, gérant 419,4 milliards de dollars d'actifs au 30 juin 2024.

Northern Trust Wealth Management hat zwei wichtige Veränderungen in der Führungskultur angekündigt. Dino De Vita wurde zum Präsidenten der Global Family & Private Investment Offices (GFO) ernannt, während Marc Cosentino zum Präsidenten der Westregion von Northern Trust Wealth Management ernannt wurde. Diese Ernennungen sollen das Wachstum des Unternehmens unterstützen und die komplexen Bedürfnisse der Kunden ansprechen.

De Vita wird ein globales Team von über 300 Fachleuten leiten, das mehr als 500 ultrareiche Personen und deren Family Offices weltweit betreut. Cosentino wird das Vermögensverwaltungsbusiness in der Westregion leiten, die sechs Bundesstaaten umfasst. Beide Führungskräfte bringen umfangreiche Erfahrungen aus Northern Trust in ihre neuen Rollen ein.

Northern Trust Wealth Management bietet umfassende Dienstleistungen für wohlhabende Personen, Familien, Stiftungen und Unternehmen an und verwaltet zum 30. Juni 2024 419,4 Milliarden Dollar an Vermögenswerten.

Positive
  • Appointment of experienced leaders to key positions
  • Global team of over 300 professionals in GFO
  • Serving more than 500 ultra-high-net-worth clients globally
  • $419.4 billion in assets under management as of June 30, 2024
Negative
  • None.

CHICAGO--(BUSINESS WIRE)-- Northern Trust Wealth Management announced two leadership changes today: Dino De Vita has been named President of Global Family & Private Investment Offices (GFO), and Marc Cosentino has been named West Region President of Northern Trust Wealth Management.

Dino De Vita (Photo: Business Wire)

Dino De Vita (Photo: Business Wire)

“Dino and Marc’s stewardship and uncompromising focus on delivering first-class service will be key to the continued growth and success of our wealth management business,” said Northern Trust Wealth Management President Jason Tyler. “We have extraordinary talent and expertise across our leadership group and, with the appointments of Dino and Marc, we remain well placed to continue supporting the increasingly complex needs of our clients.”

De Vita now leads a global team of more than 300 professionals who provide comprehensive, bespoke advice and services to Northern Trust’s sophisticated client base. GFO works with more than 500 ultra-high-net-worth individuals and their family offices around the world, combining Northern Trust’s institutional-strength technology, investment capabilities and global asset servicing platform with its heritage of serving as a fiduciary and trusted advisor.

Before assuming the role of President, De Vita was GFO’s Regional Managing Director of the Central and West regions. Earlier in his career, De Vita served as President of Northern Trust's Pacific Northwest Region and Private Client Service Segment Leader.

For his part, Cosentino now oversees Northern Trust’s wealth management business in the West Region, which encompasses Arizona, California, Colorado, Nevada, Texas and Washington. He leads an integrated team that delivers investment management, trust and estate planning, private and business banking, and financial consulting for clients.

Cosentino’s career with Northern Trust spans three decades and numerous leadership roles. Previously, Cosentino served as President of Northern Trust's Pacific Northwest and Northern California regions. He also served as Head of Client Advisory for GFO as well as Head of Public Entities & Institutions, Asset Servicing, North America.

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, with $419.4 billion in assets under management as of June 30, 2024. 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 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2024, Northern Trust had assets under custody/administration of US$16.6 trillion, and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on X (formerly Twitter) @NorthernTrust or Northern Trust Corporation on LinkedIn.

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 https://www.northerntrust.com/terms-and-conditions.

Landis Cullen

312-444-3188

LC332@ntrs.com

http://www.northerntrust.com

Source: Northern Trust Corporation

FAQ

Who are the new leaders appointed at Northern Trust Wealth Management (NTRS)?

Northern Trust Wealth Management (NTRS) has appointed Dino De Vita as President of Global Family & Private Investment Offices (GFO) and Marc Cosentino as West Region President of Northern Trust Wealth Management.

What is the asset under management for Northern Trust Wealth Management (NTRS) as of June 30, 2024?

Northern Trust Wealth Management (NTRS) reported $419.4 billion in assets under management as of June 30, 2024.

How many ultra-high-net-worth clients does Northern Trust's GFO serve?

Northern Trust's Global Family & Private Investment Offices (GFO) works with more than 500 ultra-high-net-worth individuals and their family offices around the world.

What states are included in Northern Trust's West Region managed by Marc Cosentino?

Northern Trust's West Region, now overseen by Marc Cosentino, encompasses Arizona, California, Colorado, Nevada, Texas, and Washington.

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