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Northern Trust Appoints Nikè Anani Director of Next Gen Advisory

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Northern Trust has appointed Nikè Anani as the Director of Next Gen Advisory for Wealth Management, a newly established role aimed at enhancing client service for the younger generation managing wealth transitions.

Anani, previously the founder and CEO of a consulting service focused on Next Gen services, brings extensive leadership experience in wealth transfer strategies. With estimates of a projected $80 trillion in wealth transfer over the next 20 years, her role is crucial for addressing clients' needs during this significant transition.

Northern Trust currently manages $351.4 billion in assets as of December 31, 2022.

Positive
  • Nikè Anani's appointment is expected to enhance wealth management services for younger clients.
  • Her extensive background in wealth transfer strategies positions Northern Trust to better serve its clients.
  • The role aligns with the significant upcoming wealth transfer, estimated at $80 trillion over the next 20 years.
Negative
  • None.

AUSTIN, Texas--(BUSINESS WIRE)-- Northern Trust has appointed Nikè Anani Director of Next Gen Advisory for Northern Trust Wealth Management, a newly created role designed to accelerate the delivery of outstanding client service to the rising generation navigating wealth matters.

Nikè Anani, Northern Trust (Photo: Business Wire)

Nikè Anani, Northern Trust (Photo: Business Wire)

An accomplished speaker and published author on wealth and values transfer strategies, Anani was previously the founder and CEO of Nikè Anani Practice, a bespoke consulting service for Next Gen services in Austin. She is the founder and former CEO of a family office in Lagos, Nigeria, and held leadership roles at Deloitte in London.

“Nikè understands first-hand the issues facing many of our clients, as the older generation begins to transfer assets, money and businesses to younger relatives,” said Pam Lucina, Chief Fiduciary Officer for Northern Trust Wealth Management. “Some estimates put this wealth transfer at up to $80 trillion over the next 20 years.

“We are delighted for Nikè’s leadership and experience in this area, as we accelerate our efforts to provide individualized strategies and counsel to our clients during this transition.”

Anani, who earned an economics degree from University College London, is a chartered accountant, has a certificate in Family Business and Family Wealth Advising from FFI, and is a fellow of Institute of Management Consultants.

She is an active leader in YPO, a global community of young business leaders. As a board member of YPO’s Global Family Business Network, Anani champions initiatives to support education and peer learning of the Next Gen.

“I am thrilled to join Northern Trust as Director of Next Gen to build upon the long tradition of excellence in wealth management,” Anani said. “The coming wealth transfer across the globe opens up numerous opportunities for families and institutions. I am excited to join a world-class organization that is focused on this mission.”

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 $351.4 billion in assets under management as of December 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 25 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2022, Northern Trust had assets under custody/administration of US$13.6 trillion, and assets under management of US$1.2 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 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.

Karen Mellen

773-860-8110

Kem6@ntrs.com

Source: Northern Trust Corporation

FAQ

What is the significance of Nikè Anani's appointment at Northern Trust?

Nikè Anani has been appointed as the Director of Next Gen Advisory to enhance services for younger clients managing significant wealth transitions.

How much wealth is expected to transfer in the next 20 years?

It is estimated that up to $80 trillion will be transferred over the next two decades.

What assets does Northern Trust manage?

As of December 31, 2022, Northern Trust manages approximately $351.4 billion in assets.

What experience does Nikè Anani bring to her new role?

Anani has extensive experience in wealth transfer strategies and has previously founded her own consulting service for Next Gen clients.

Northern Trust Corp

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