Northern Trust Announces Wealth Management Leadership Changes

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10/01/2024 - 02:59 PM

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 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.