Northern Trust Appoints Jennifer Grosvenor Managing Director in Houston Office

Rhea-AI Summary

Northern Trust announced the appointment of Jennifer Grosvenor as Managing Director in the Houston office. Grosvenor will lead the team to enhance client service and boost growth in the Northern Trust Wealth Management platform. With over 20 years of experience, she previously managed the fiduciary practice in Houston. In her new role, she will collaborate with Houston President John Hantak on client development and compliance. Northern Trust is recognized as a top U.S. wealth manager, managing $396.2 billion in assets as of March 31, 2022.

Positive

• Jennifer Grosvenor brings over 20 years of experience, enhancing leadership effectiveness.
• Strengthens Northern Trust's presence in Houston, promising improved client service.

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• None.

HOUSTON--(BUSINESS WIRE)-- Northern Trust has appointed Jennifer Grosvenor Managing Director in the Houston office, where she will lead the team in the delivery of outstanding client service and accelerate the growth of the Northern Trust Wealth Management platform.

Jennifer Grosvenor, Northern Trust (Photo: Business Wire)

Previously, Jennifer led the fiduciary practice and team of trust and client advisors for Northern Trust Wealth Management’s Houston office, and she has more than two decades of experience guiding and advising large, financially complicated family assets and relationships.

In her new role, Jennifer will partner with Houston President John Hantak on client development, compliance management and office management.

“Jennifer knows the Houston marketplace, and she is highly effective at supporting our clients in challenging situations, to help ensure that wealth is transferred efficiently to next generations,” Hantak said. “I look forward to working side-by-side with her to support our clients in her new role.”

Jennifer is also a director within the Northern Trust Institute and the Houston-area leader for of Elevating Women, a program designed to enable women from all stages of life to share knowledge and experiences with the goal to help other women make confident financial decisions.

Jennifer earned a bachelor’s degree in history from Vanderbilt University and a J.D. from Vanderbilt University School of Law. She recently completed her tenure as president of the Houston Business and Estate Planning Council and is a member of The Next Generation Estate Forum, a group of experienced lawyers, accountants, and trust professionals.

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 and ranks among the top 10 U.S. wealth managers, with $396.2 billion in assets under management as of March 31, 2022. 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 22 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2022, Northern Trust had assets under custody/administration of US$15.5 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. Please visit our website or follow us on Twitter.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220630005208/en/

Karen Mellen

773-860-8110

Kem6@ntrs.com

Source: Northern Trust Corporation

FAQ

What role has Jennifer Grosvenor been appointed to at Northern Trust?

Jennifer Grosvenor has been appointed as Managing Director in the Houston office.

How many years of experience does Jennifer Grosvenor have?

Jennifer Grosvenor has over 20 years of experience in wealth management.

What assets does Northern Trust manage as of March 31, 2022?

As of March 31, 2022, Northern Trust manages $396.2 billion in assets.

Who will Jennifer Grosvenor work with in her new role?

In her new role, Jennifer Grosvenor will partner with Houston President John Hantak.

What is the significance of Grosvenor's appointment for Northern Trust?

Grosvenor's appointment is expected to enhance client service and drive growth in the Wealth Management platform.