Northern Trust Names Jesse Crane Pacific Northwest Regional Director for Foundation & Institutional Advisors

Rhea-AI Summary

Northern Trust has appointed Jesse Crane as Regional Director for the Pacific Northwest in its Foundation & Institutional Advisors (FIA) practice. Based in Seattle, Crane will provide investment solutions to foundation, endowment, and institutional nonprofit clients. He brings over 10 years of investment management experience, previously serving as vice president at Beacon Pointe.

The FIA practice offers sophisticated investment management solutions and strategic insights to nonprofit organizations and private foundations. Northern Trust Wealth Management manages over $440 billion in assets as of September 30, 2024, serving affluent individuals, family offices, foundations, endowments, and privately held businesses.

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• Assets under management of $440 billion demonstrates significant market presence

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SEATTLE--(BUSINESS WIRE)-- Northern Trust announced today that Jesse Crane has joined the Foundation & Institutional Advisors (FIA) practice as Regional Director for the Pacific Northwest. Based in Seattle, Crane will provide investment solutions to the firm’s foundation, endowment and institutional nonprofit clients.

“With over 10 years of experience in the investment management industry, Jesse is a key addition to support the growth of our outsourced chief investment officer practice in the region,” said Darius A. Gill, National Practice Executive for FIA. "We are very excited to add him to the team.”

Previously, Crane was a vice president at Beacon Pointe, where he advised nonprofits, foundations and endowments on their investment strategies and governance practices. He has an MBA from Syracuse University’s Martin Whitman School of Management and a bachelor’s degree from the State University of New York at Cortland. Crane serves on the board of directors for the Cortland College Foundation and is the current board treasurer and chair of the finance and audit committee.

Northern Trust’s Foundation & Institutional Advisors (FIA) practice serves nonprofit organizations and private foundations through sophisticated investment management solutions, strategic insights and world-class resources. FIA provides investment advice, oversight, asset servicing and related services to help nonprofit organizations achieve financial and philanthropic goals; in collaboration with trustees, board and investment committee members. FIA also supports clients with sophisticated Donor Advised Fund and Private Foundation Administration solutions. More information about Northern Trust Foundation and Institutional Advisors can be found at www.northerntrust.com/FIA.

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 Instagram @northerntrustcompany or Northern Trust 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/20241204095639/en/

Landis Cullen

312-444-3188

landis.cullen@ntrs.com

http://www.northerntrust.com

Source: Northern Trust Corporation

FAQ

Who is the new Pacific Northwest Regional Director for Northern Trust (NTRS) FIA practice?

Jesse Crane has been appointed as the Pacific Northwest Regional Director for Northern Trust's Foundation & Institutional Advisors practice.

What is Northern Trust's (NTRS) assets under management as of September 2024?

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

What services does Northern Trust (NTRS) FIA practice provide?

Northern Trust's FIA practice provides investment management solutions, strategic insights, and world-class resources to nonprofit organizations and private foundations, including investment advice, oversight, and asset servicing.