Northern Trust Appoints Ali Nafii San Diego Market Leader

Rhea-AI Summary

Northern Trust has appointed Ali Nafii as Market Leader in San Diego, where he will direct the wealth management business for high-net-worth individuals and families. Nafii, who joined Northern Trust in 2015, will be responsible for driving strategic growth in San Diego, leading a team that provides investment management, trust, banking, and advisory solutions.

Previously serving as Client Development Market Lead & Senior Portfolio Advisor in Orange County, Nafii's appointment follows impressive new business results in San Diego in 2023. Northern Trust Wealth Management offers holistic wealth management services and has $420.6 billion in assets under management as of March 31, 2024.

Positive

• Appointment of experienced leader Ali Nafii as San Diego Market Leader
• Impressive new business results achieved in San Diego market in 2023
• $420.6 billion in assets under management as of March 31, 2024

Negative

• None.

SAN DIEGO--(BUSINESS WIRE)-- Northern Trust has appointed Ali Nafii as Market Leader in San Diego, where he will direct the wealth management business serving high-net-worth individuals and families.

Ali Nafii (Photo: Business Wire)

In his new role, Nafii will be responsible for driving strategic growth in San Diego. He will lead a team that provides best-in-class investment management, trust, banking and advisory solutions to many of San Diego’s most successful families, companies and nonprofits. Nafii joined Northern Trust in 2015, most recently serving as Client Development Market Lead & Senior Portfolio Advisor in Orange County.

“Ali combines a balanced, cross-functional perspective with exceptional service. He appreciates the individuality of each of our clients and guides collaborative teams to develop custom plans that help them achieve their goals,” said Michele Havens, West Region President of Northern Trust Wealth Management. “In 2023, our San Diego market achieved remarkable growth, reaching impressive new business results in this important region. We are confident that Ali’s commitment will reinforce keeping service excellence and client priorities at the center of everything we do.”

Prior to Northern Trust, Nafii worked for Jarislowsky Fraser Limited, a global management investment firm. Nafii earned a Bachelor of Commerce with Finance specialization from Concordia University in Montréal, Canada and a Master of Business Administration from Hult International Business School.

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 $420.6 billion in assets under management as of March 31, 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 March 31, 2024, Northern Trust had assets under custody/administration of US$16.5 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240716033019/en/

Media Contact:

Landis Cullen

312-444-3188

LC332@ntrs.com

http://www.northerntrust.com

Source: Northern Trust Corporation

FAQ

Who is the new San Diego Market Leader for Northern Trust (NTRS)?

Ali Nafii has been appointed as the new San Diego Market Leader for Northern Trust (NTRS).

What are Ali Nafii's responsibilities as San Diego Market Leader at Northern Trust (NTRS)?

Ali Nafii will be responsible for driving strategic growth in San Diego and leading a team that provides investment management, trust, banking, and advisory solutions to high-net-worth individuals and families.

How much assets under management does Northern Trust Wealth Management (NTRS) have as of March 31, 2024?

Northern Trust Wealth Management (NTRS) has $420.6 billion in assets under management as of March 31, 2024.

What was Northern Trust's (NTRS) performance in the San Diego market in 2023?

Northern Trust (NTRS) achieved remarkable growth in the San Diego market in 2023, reaching impressive new business results in this important region.