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Northern Trust Appoints Willem Erwich Managing Director of Upper Florida Keys
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Northern Trust has appointed Willem Erwich as Managing Director of the Upper Florida Keys Market to lead a team focused on high net worth families, endowments, and foundations. Erwich brings over 25 years of wealth management experience and previously served as a Senior Trust Advisor at Northern Trust since 2012. He will report to Marianne Devine, Senior Managing Director in South Florida. This strategic leadership aims to enhance the firm's service delivery in a fast-growing region where Northern Trust has operated for 50 years, managing $396.2 billion in assets as of March 31, 2022.
Positive
Willem Erwich's extensive experience (25+ years) in wealth management may strengthen Northern Trust's operations in Florida.
Potential for enhanced client service delivery through local leadership and deep community connections.
Negative
None.
MIAMI--(BUSINESS WIRE)--
Northern Trust has appointed Willem Erwich Managing Director of the Upper Florida Keys Market, where he will lead a team of seasoned professionals serving high net worth families, endowments and foundations.
Erwich has more than 25 years of experience in wealth management, banking, corporate and private risk management. He will report to Marianne Devine, Senior Managing Director in South Florida.
“The Florida Keys is an important, fast-growing region in Florida, where Northern Trust has had a presence for 50 years,” Devine said. “We look forward to Will’s leadership and deep connections in the Keys to continue the delivery of exceptional, holistic service to our clients.”
Erwich joined Northern Trust in 2012 as a Senior Trust Advisor. Prior to joining Northern Trust, he was a Private Client Services Office Head at Marsh & McLennan Companies. Previously, he held positions with Bank of America, Citizens Bank of Massachusetts and as a practicing attorney.
Erwich is a graduate of the University of Massachusetts, Amherst and received a Juris Doctor degree from New England Law in Boston. He holds the Certified Private Wealth Advisor® designation.
He is an active member of the South Florida Community, serving on the Board of Miami Youth for Christ that advocates for at-risk youth, and as a Guardian ad Litem in the Miami-Dade Children and Family Law Court.
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.
Who is the new Managing Director for Northern Trust in the Upper Florida Keys Market?
Willem Erwich has been appointed as the new Managing Director for Northern Trust in the Upper Florida Keys Market.
What is Willem Erwich's experience prior to joining Northern Trust?
Willem Erwich has over 25 years of experience in wealth management and previously served as a Private Client Services Office Head at Marsh & McLennan.
What are the goals for Willem Erwich in his new role at Northern Trust?
Erwich aims to lead his team in delivering exceptional wealth management services to high net worth families, endowments, and foundations in the Florida Keys.
How long has Northern Trust been present in the Florida Keys?
Northern Trust has had a presence in the Florida Keys for 50 years.
What assets does Northern Trust manage as of March 31, 2022?
Northern Trust manages approximately $396.2 billion in assets as of March 31, 2022.
