Northern Trust Asset Management Names Head of Strategic Accounts, Intermediary

Rhea-AI Summary

Northern Trust Asset Management (NTAM), a global investment firm managing $1.2 trillion as of March 31, 2024, has appointed Hugh Ansty, CFA, as Head of Strategic Accounts, Intermediary. Ansty will lead sales and client relationship strategies within the intermediary market for NTAM’s Wealth Client Group.

Reporting to Suzanne Casey and Sunitha C. Thomas, co-heads of the Wealth Client Group, Ansty’s role focuses on deepening client relationships and driving revenue growth. Ansty brings over 30 years of experience, most recently serving as Head of National Accounts at Hilton Capital Management. His background includes leadership roles at BlackRock, Merrill Lynch, Pioneer Investments, and Evergreen Investments.

The company expects Ansty to significantly enhance their market presence and client service capabilities.

Positive

• NTAM manages $1.2 trillion in assets, indicating strong market presence.
• Appointment of a seasoned professional like Hugh Ansty could lead to enhanced client relationships and revenue growth.
• Ansty’s experience at prominent firms such as BlackRock and Merrill Lynch demonstrates a strong industry background.

Negative

• Potential risk if Ansty fails to meet expectations in his new role.
• The appointment may not immediately translate to financial gains.

CHICAGO--(BUSINESS WIRE)-- Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, announced today that Hugh Ansty, CFA, has joined as Head of Strategic Accounts, Intermediary.

In this role, Ansty will lead sales and client relationship strategy in the intermediary market for NTAM’s Wealth Client Group. He holds a key leadership role on the team responsible for deepening client relationships, expanding market presence, and driving revenue growth. Ansty reports to NTAM Wealth Client Group Co-Heads Suzanne Casey and Sunitha C. Thomas.

“Hugh’s industry knowledge and expertise, along with his passion for delivering exceptional client service, will be pivotal to growing our presence and strengthening our client relationships in the intermediary wealth management market,” Casey said.

“Hugh is an accomplished sales leader with a record of building high-performing teams, developing strategic relationships, and driving revenue growth. With his addition to the team, we are confident NTAM will continue to meet and exceed the expectations and investment needs of our clients,” Thomas said.

Ansty is an industry veteran with more than 30 years of experience as a senior leader in sales and distribution. Most recently, he was Head of National Accounts at Hilton Capital Management. Prior to that he held leadership roles at BlackRock, Merrill Lynch, Pioneer Investments, and Evergreen Investments. Ansty is a CFA^® charterholder and holds a bachelor’s degree in international relations from the College of William & Mary.

About Northern Trust Asset Management

Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments in efforts to realize their long-term objectives. Entrusted with $1.2 trillion in assets under management as of March 31, 2024, we understand that investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take — in all market environments and any investment strategy. That’s why we combine robust capital markets research, expert portfolio construction and comprehensive risk management in an effort to craft innovative and efficient solutions that seek to deliver targeted investment outcomes. As engaged contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect and transparency.

Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Northern Trust Asset Management Australia Pty Ltd, and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.

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/20240605490026/en/

Europe, Middle East, Africa & Asia-Pacific Contact:

Camilla Greene

+44 (0) 207 982 2176

Camilla.Greene@ntrs.com

US & Canada Contact:

Joanne Zalatoris

+1 (312) 900-3462

Joanne.zalatoris@ntrs.com

http://www.northerntrust.com

Source: Northern Trust Asset Management

FAQ

Who is the new Head of Strategic Accounts, Intermediary at Northern Trust Asset Management?

Hugh Ansty, CFA, has been appointed as the new Head of Strategic Accounts, Intermediary at Northern Trust Asset Management.

What is the asset management size of Northern Trust Asset Management as of March 31, 2024?

Northern Trust Asset Management manages $1.2 trillion in assets as of March 31, 2024.

What are Hugh Ansty’s responsibilities in his new role at NTAM?

Hugh Ansty will lead sales and client relationship strategies in the intermediary market for NTAM’s Wealth Client Group.

Who does Hugh Ansty report to in his new role at NTAM?

Hugh Ansty reports to Suzanne Casey and Sunitha C. Thomas, co-heads of NTAM’s Wealth Client Group.

What is Hugh Ansty’s professional background?

Hugh Ansty has over 30 years of experience, including roles at Hilton Capital Management, BlackRock, Merrill Lynch, Pioneer Investments, and Evergreen Investments.