STOCK TITAN

Northern Trust Named Best Private Bank in U.S.

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags

Northern Trust has secured three major awards from Professional Wealth Management and The Banker magazines, including 'Best Private Bank in the U.S.' for the 13th time, 'Best Private Bank in North America for Entrepreneurs', and 'Best Private Bank in North America for Ultra High Net Worth Clients'. The awards recognize Northern Trust's excellence in wealth management, particularly noting their data analysis capabilities and comprehensive services for entrepreneurs and family businesses. With over $440 billion in assets under management, the company serves affluent individuals, families, and businesses through specialized teams offering tailored wealth management solutions, succession planning, and commercial banking services.

Northern Trust ha ricevuto tre importanti premi dalle riviste Professional Wealth Management e The Banker, inclusi ' Miglior Banca Privata negli Stati Uniti' per il tredicesimo anno consecutivo, ' Miglior Banca Privata in Nord America per Imprenditori' e ' Miglior Banca Privata in Nord America per Clienti Ultra High Net Worth'. I premi riconoscono l'eccellenza di Northern Trust nella gestione patrimoniale, con particolare riferimento alle loro capacità di analisi dei dati e ai servizi completi per imprenditori e imprese familiari. Con oltre $440 miliardi in attivi sotto gestione, l'azienda serve individui, famiglie e imprese benestanti attraverso team specializzati che offrono soluzioni di gestione patrimoniale personalizzate, pianificazione successoria e servizi bancari commerciali.

Northern Trust ha asegurado tres importantes premios de las revistas Professional Wealth Management y The Banker, incluyendo 'Mejor Banco Privado en EE.UU.' por decimotercera vez, 'Mejor Banco Privado en América del Norte para Emprendedores' y 'Mejor Banco Privado en América del Norte para Clientes de Ultra Alto Patrimonio'. Los premios reconocen la excelencia de Northern Trust en la gestión de patrimonio, destacando sus capacidades de análisis de datos y sus servicios integrales para emprendedores y negocios familiares. Con más de $440 mil millones en activos bajo gestión, la compañía atiende a individuos, familias y negocios adinerados a través de equipos especializados que ofrecen soluciones de gestión de patrimonio personalizadas, planificación sucesoria y servicios bancarios comerciales.

노던 트러스트는 Professional Wealth Management 및 The Banker 매거진으로부터 '미국 최고의 개인은행'을 포함하여 세 가지 주요 상을 수상했으며, 이는 13번째 수상입니다. '북미 최고의 개인은행 (기업가용)'과 '북미 최고의 개인은행 (초고액 자산 고객용)'도 포함됩니다. 이 상들은 노던 트러스트의 자산 관리 우수성을 인정하며, 데이터 분석 능력과 기업가 및 가족 비즈니스를 위한 종합 서비스를 특히 주목하고 있습니다. 4400억 달러 이상의 관리 자산을 보유한 이 회사는 부유한 개인, 가족, 및 기업에 맞춤형 자산 관리 솔루션, 승계 계획, 상업 은행 서비스 등을 제공하는 전문 팀을 통해 서비스를 제공합니다.

Northern Trust a obtenu trois grandes récompenses des magazines Professional Wealth Management et The Banker, dont 'Meilleure Banque Privée aux États-Unis' pour la treizième fois, 'Meilleure Banque Privée en Amérique du Nord pour les Entrepreneurs' et 'Meilleure Banque Privée en Amérique du Nord pour les Clients à Très Hauts Revenus'. Ces prix reconnaissent l'excellence de Northern Trust dans la gestion de patrimoine, notant particulièrement leurs capacités d'analyse de données et leurs services complets pour les entrepreneurs et les entreprises familiales. Avec plus de 440 milliards de dollars d'actifs sous gestion, l'entreprise sert des individus, des familles et des entreprises fortunées grâce à des équipes spécialisées qui offrent des solutions de gestion de patrimoine sur mesure, de planification successorale et des services bancaires commerciaux.

Northern Trust hat drei bedeutende Auszeichnungen von den Zeitschriften Professional Wealth Management und The Banker erhalten, darunter 'Beste Privatbank in den USA' zum dreizehnten Mal, 'Beste Privatbank in Nordamerika für Unternehmer' und 'Beste Privatbank in Nordamerika für Kunden mit ultra-hohem Vermögen'. Die Auszeichnungen würdigen die Exzellenz von Northern Trust im Bereich Vermögensverwaltung, insbesondere die Analysefähigkeiten und umfassenden Dienstleistungen für Unternehmer und Familienunternehmen. Mit über 440 Milliarden US-Dollar an verwaltetem Vermögen bedient das Unternehmen wohlhabende Einzelpersonen, Familien und Unternehmen über spezialisierte Teams, die maßgeschneiderte Vermögensverwaltungslösungen, Nachfolgeplanung und kommerzielle Bankdienstleistungen anbieten.

Positive
  • None.
Negative
  • None.

Also Received Top Honors for Best Private Bank in North America for Entrepreneurs and Ultra High Net Worth Clients

CHICAGO--(BUSINESS WIRE)-- Northern Trust, a leading provider of wealth management services, has taken top honors in three categories from Professional Wealth Management and The Banker magazines, publications of the Financial Times Group:

  • “Best Private Bank in the U.S.”
  • “Best Private Bank in North America for Entrepreneurs”
  • “Best Private Bank in North America for Ultra High Net Worth Clients”

Northern Trust is now a 13-time winner of “Best Private Bank in the U.S.” which is part of the Global Private Banking Awards created in 2009 to recognize excellence in the wealth management industry by firms worldwide. More than 300 submissions were entered by 120 banks from 55 countries.

Professional Wealth Management Editor-in-Chief Yuri Bender said Northern Trust’s ability to collect, analyze and incorporate data into investment and business decisions was particularly important to the panel of judges.

“Leading private banks are beginning to realise that gaining a deep understanding of cultural, business and spending behaviours of their family clients and entrepreneurs is key to improving their relationships,” Bender said. “Northern Trust is at the centre of this innovation.”

Northern Trust Wealth Management President Jason Tyler said the recognition reflects Northern Trust’s storied history of serving the most affluent individuals and families in the world, with more than $440 billion in assets under management, deep expertise and a team-based, client-centric culture.

“To effectively serve a diverse clientele – including established wealth holders, emerging businesses and the next generation – our offerings must be finely tuned to ensure clients are optimizing their wealth management, banking, planning and other needs over time,” Tyler said. “We are dedicated to bringing each client the best of Northern Trust and delivering best-in-class service, and we are proud that, year after year, we continue to excel in that realm.”

Northern Trust’s comprehensive suite of services for entrepreneurs and family businesses was among the highlights. Northern Trust’s specialized teams have worked with thousands of business owner clients to develop tailored plans at the intersection of business and personal wealth, including succession planning, navigating sales or other transitions, and commercial banking.

“Our team is committed to serving entrepreneurs at every stage,” Tyler added. “We help clients who are laser-focused on growing their businesses and maximizing their value, but we also strongly promote the importance of early estate planning, focusing on legacies and finding creative ways to set up the next generation for success.”

In addition to the top honors, Northern Trust was named Highly Commendable in the category of “Best Private Bank in North America for Family Offices.” Northern Trust’s Global Family and Private Investment Offices (GFO) works with more than 500 ultra-high-net-worth individuals and their family offices around the world, combining its institutional-strength technology, investment capabilities and global asset servicing platform with its heritage of serving as a fiduciary and trusted advisor.

Northern Trust accepted the awards at an event in London on November 7.

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 over $440 billion in assets under management as of September 30, 2024. 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 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.

Landis Cullen

312-444-3188

LC332@ntrs.com

Source: Northern Trust Corporation

FAQ

What major awards did Northern Trust (NTRS) win in 2024?

Northern Trust won three major awards: Best Private Bank in the U.S., Best Private Bank in North America for Entrepreneurs, and Best Private Bank in North America for Ultra High Net Worth Clients.

How many times has Northern Trust (NTRS) won the Best Private Bank in the U.S. award?

Northern Trust has won the Best Private Bank in the U.S. award 13 times since the Global Private Banking Awards were created in 2009.

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

Northern Trust has over $440 billion in assets under management as of September 30, 2024.

How many family offices does Northern Trust (NTRS) serve globally?

Northern Trust's Global Family and Private Investment Offices (GFO) works with more than 500 ultra-high-net-worth individuals and their family offices worldwide.

Northern Trust Corp

NASDAQ:NTRS

NTRS Rankings

NTRS Latest News

NTRS Stock Data

20.05B
196.77M
0.6%
86.89%
1.19%
Asset Management
State Commercial Banks
Link
United States of America
CHICAGO