Northern Trust Asset Management Strengthens Wealth Client Group Team

Rhea-AI Summary

Northern Trust Asset Management (NTAM), managing $1.3 trillion in assets, has appointed Robert Eaton as Senior Relationship Manager within their Wealth Client Group. Eaton brings over 20 years of experience in asset management, ETFs, and wealth-tech, previously serving as Head of Strategic Relationships at BondBloxx Investment Management ETFs and various leadership roles at BlackRock. His expertise spans relationship management, product strategy, portfolio analytics, and wealth-tech business development across different wealth channels.

Positive

• Assets under management of $1.3 trillion demonstrates significant market presence
• Strategic hire brings 20+ years of industry experience
• Addition of senior expertise in ETFs and wealth-tech could enhance service offerings

Negative

• None.

CHICAGO--(BUSINESS WIRE)-- Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.3 trillion in assets under management as of September 30, 2024, announced today that Robert Eaton has joined Northern Trust Asset Management as a Senior Relationship Manager within NTAM’s Wealth Client Group.

“Robert’s broad experience and industry networks are unique and we look forward to enriching our client relationships by leveraging his passion and expertise as we serve enterprise relationships and other strategic accounts,” said Suzanne Casey, co-head of the Wealth Client Group.

Eaton brings more than 20 years’ experience in asset management, exchange traded funds and wealth-tech, serving in a variety of roles including leading relationship management, product strategy, portfolio analytics and wealth-tech business development teams across wealth channels and vehicle types.

Eaton’s prior experience includes serving as Head of Strategic Relationships at BondBloxx Investment Management ETFs; a variety of business development roles at BlackRock including Head of Americas Business Development for Aladdin Wealth Tech and Head of National Accounts for BlackRock and iShares; and as Head of US Retail Marketing at Merrill Lynch Investment Managers.

“Robert is a collegial leader who enjoys delivering innovative solutions that help wealth managers and their clients achieve their financial goals, and he will be a strong addition to our team,” said Sunitha Thomas, co-head of the Wealth Client Group.

Eaton has an MBA from Harvard Business School, a master’s of public policy degree from Harvard’s Kennedy School of Government, and a bachelor’s degree from Princeton University. He also holds licenses for FINRA Series 7, 24 and 66. He serves on the board of Homefront, a non-profit dedicated to fighting family homelessness in central New Jersey, and is a director emeritus of the Expect Miracles Foundation, which supports cancer research and survivors.

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 $1.3 trillion in assets under management as of September 30, 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 September 30, 2024, Northern Trust had assets under custody/administration of US$17.4 trillion, and assets under management of US$1.6 trillion. For more than 135 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.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20241030578567/en/

Joanne Zalatoris

+1 312-900-3462

Joanne.Zalatoris@ntrs.com

Source: Northern Trust Corporation

FAQ

What is Northern Trust Asset Management's (NTRS) current assets under management?

Northern Trust Asset Management has $1.3 trillion in assets under management as of September 30, 2024.

Who is the new Senior Relationship Manager at Northern Trust Asset Management (NTRS)?

Robert Eaton has joined Northern Trust Asset Management as Senior Relationship Manager within NTAM's Wealth Client Group.

What was Robert Eaton's previous role before joining Northern Trust (NTRS)?

Robert Eaton previously served as Head of Strategic Relationships at BondBloxx Investment Management ETFs.