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Northern Trust Names Melanie Pickett to Lead Asset Servicing in the Americas

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Northern Trust (NTRS) has appointed Melanie Pickett as Head of Asset Servicing, Americas, effective January 1, 2025. In this role, she will lead the business serving institutional, corporate, and asset manager clients in the region. Pickett, who has served as Head of Asset Owners Americas since 2022, will maintain oversight of product and service delivery to asset owner clients while expanding her responsibilities to include asset manager clients.

Under Pickett's leadership, Asset Owners Americas has achieved significant growth in new clients and assets under custody and administration, as well as success with A-Suite by Northern Trust, a community platform for asset allocators. Pickett joined Northern Trust in 2017 to lead the development of Front Office Solutions. Her prior experience includes serving as COO at Emory Investment Management and managing operations and technology strategy at Morgan Stanley's Global Wealth Management division.

Northern Trust (NTRS) ha nominato Melanie Pickett come Responsabile dei Servizi di Asset Management per l'America, con effetto dal 1° gennaio 2025. In questo ruolo, guiderà l'attività al servizio di clienti istituzionali, aziendali e gestori di patrimoni nella regione. Pickett, che ha ricoperto il ruolo di Responsabile per i Proprietari di Asset in America dal 2022, manterrà la supervisione della consegna di prodotti e servizi ai clienti proprietari di asset, ampliando al contempo le sue responsabilità per includere i clienti gestori di asset.

Sotto la guida di Pickett, il settore Proprietari di Asset in America ha conseguito una crescita significativa nel numero di nuovi clienti e negli asset in custodia e amministrazione, nonché quasi un successo con A-Suite di Northern Trust, una piattaforma comunitaria per allocatori di asset. Pickett è entrata in Northern Trust nel 2017 per guidare lo sviluppo delle Soluzioni Front Office. La sua esperienza precedente include il ruolo di COO presso Emory Investment Management e la gestione della strategia operativa e tecnologica nella divisione Global Wealth Management di Morgan Stanley.

Northern Trust (NTRS) ha nombrado a Melanie Pickett como Jefa de Servicios de Activos para las Américas, con efecto el 1 de enero de 2025. En este rol, liderará el negocio que atiende a clientes institucionales, corporativos y gestores de activos en la región. Pickett, quien ha sido Jefa de Propietarios de Activos en las Américas desde 2022, mantendrá la supervisión de la entrega de productos y servicios a los clientes propietarios de activos, mientras amplía sus responsabilidades para incluir a los clientes gestores de activos.

Bajo el liderazgo de Pickett, el sector de Propietarios de Activos en las Américas ha logrado un crecimiento significativo en nuevos clientes y activos bajo custodia y administración, así como el éxito con A-Suite de Northern Trust, una plataforma comunitaria para asignadores de activos. Pickett se unió a Northern Trust en 2017 para liderar el desarrollo de Soluciones de Oficina Frontal. Su experiencia previa incluye haber sido COO en Emory Investment Management y gestionar la estrategia operativa y tecnológica en la división de Gestión de Patrimonios Global de Morgan Stanley.

노던 트러스트(NTRS)멜라니 피켓(Melanie Pickett)을 2025년 1월 1일부터 미국 자산 서비스 책임자로 임명했습니다. 이 역할에서 그녀는 이 지역의 기관, 기업 및 자산 관리자 고객을 위한 사업을 이끌게 됩니다. 2022년부터 미국 자산 소유자 책임자를 맡고 있는 피켓은 자산 소유자 고객에게 제공되는 제품 및 서비스의 감독을 유지하면서 자산 관리자 고객을 포함하도록 책임을 확대할 것입니다.

피켓의 리더십 하에 미국 자산 소유자는 신규 고객 및 수탁 및 관리 자산에서 상당한 성장을 이루었으며, 자산 배분가를 위한 커뮤니티 플랫폼인 노던 트러스트의 A-Suite와 함께 성공을 거두었습니다. 피켓은 2017년에 노던 트러스트에 합류하여 프론트 오피스 솔루션 개발을 주도했습니다. 그녀의 이전 경험으로는 에모리 투자 관리(Emory Investment Management)에서 COO로 재직했으며, 모건 스탠리(뱅크) 글로벌 재산 관리 부서에서 운영 및 기술 전략을 관리한 적이 있습니다.

Northern Trust (NTRS) a nommé Melanie Pickett responsable des services d'actifs pour les Amériques, à compter du 1er janvier 2025. Dans ce rôle, elle dirigera l'activité au service des clients institutionnels, d'entreprise et des gestionnaires d'actifs dans la région. Pickett, qui a été responsable des propriétaires d'actifs pour les Amériques depuis 2022, maintiendra la supervision de la livraison des produits et des services aux clients propriétaires d'actifs tout en élargissant ses responsabilités pour inclure les clients gestionnaires d'actifs.

Sous la direction de Pickett, le secteur des propriétaires d'actifs aux Amériques a connu une croissance significative du nombre de nouveaux clients et des actifs sous garde et administration, ainsi qu'un succès avec A-Suite de Northern Trust, une plateforme communautaire pour les allocataires d'actifs. Pickett a rejoint Northern Trust en 2017 pour diriger le développement de solutions de front office. Son expérience préalable inclut le poste de COO chez Emory Investment Management et la gestion de la stratégie opérationnelle et technologique au sein de la division Global Wealth Management de Morgan Stanley.

Northern Trust (NTRS) hat Melanie Pickett zur Leiterin des Asset Servicing für die Americas ernannt, mit Wirkung zum 1. Januar 2025. In dieser Rolle wird sie das Geschäft leiten, das institutionellen, Unternehmens- und Vermögensverwalter-Kunden in der Region dient. Pickett, die seit 2022 als Leiterin der Asset Owners Americas tätig ist, wird die Aufsicht über die Bereitstellung von Produkten und Dienstleistungen für Kunden von Vermögenswerten beibehalten, während sie ihre Verantwortung auf Kunden von Vermögensverwaltern ausweitet.

Unter Picketts Leitung hat die Abteilung Asset Owners Americas ein signifikantes Wachstum bei neuen Kunden und verwalteten Vermögen erzielt sowie Erfolge mit A-Suite von Northern Trust, einer Community-Plattform für Vermögensallokatoren. Pickett trat 2017 Northern Trust bei, um die Entwicklung von Front Office Solutions zu leiten. Zu ihren früheren Erfahrungen gehören die Position als COO bei Emory Investment Management und die Leitung der Betriebs- und Technologie-Strategie in der Global Wealth Management-Abteilung von Morgan Stanley.

Positive
  • Strong growth in new clients and assets under custody/administration under Pickett's leadership
  • Successful development and implementation of A-Suite platform for asset allocators
Negative
  • None.

Insights

Northern Trust's appointment of Melanie Pickett as Head of Asset Servicing for the Americas reflects the company's strategic focus on strengthening its institutional services division. Her promotion comes at a time when NTRS, with a market cap of $20.6 billion, faces increasing competition in the asset servicing space. The previous success under Pickett's leadership of Asset Owners Americas suggests potential for continued business expansion, though this organizational change alone is unlikely to significantly impact near-term financial performance.

The A-Suite initiative mentioned demonstrates NTRS's commitment to building stronger relationships with asset allocators, which could lead to increased client retention and organic growth. However, this management change, while positive for organizational continuity, represents a routine corporate development rather than a market-moving event.

CHICAGO--(BUSINESS WIRE)-- Northern Trust (Nasdaq: NTRS) announced today that Melanie Pickett has been named Head of Asset Servicing, Americas, leading its business serving institutional, corporate and asset manager clients in the region, effective January 1, 2025.

Pickett, who has been Head of Asset Owners Americas since 2022, will continue to oversee product and service delivery to asset owner clients, including pensions, foundations, endowments, insurance companies and corporations, and assume responsibility for the business unit’s asset manager clients. She will continue to report to Teresa Parker, President of Asset Servicing.

Under Pickett’s leadership, Asset Owners Americas experienced strong growth in new clients and assets under custody and administration, as well as A-Suite by Northern Trust, a community that offers insights, research, and networking opportunities for asset allocators.

“For years, Melanie has been instrumental in helping us meet and exceed the expectations of our asset owner clients in the Americas through an unwavering commitment to client success and pursuit of new tools and technology to meet their evolving challenges,” Parker said. “As she moves into her new role, we're looking forward to seeing Melanie continue to drive growth and innovation across the organization.”

Pickett brings more than 20 years of experience in senior operations and technology roles. She joined Northern Trust in 2017 to spearhead the development of Front Office Solutions, a new business line that focuses on the portfolio management and technology needs of complex asset allocators worldwide. Before joining Northern Trust, she was the Chief Operating Officer at Emory Investment Management. Prior to her time at Emory, Pickett dedicated over a decade to managing operations and technology strategy within Morgan Stanley’s Global Wealth Management division.

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.

Europe, Middle East, Africa & Asia-Pacific:

Camilla Greene

+44 (0) 20 7982 2176

Camilla_Greene@ntrs.com

Simon Ansell

+ 44 (0) 20 7982 1016

sa777@ntrs.com

US & Canada:

John O’Connell

+1 312 444 2388

John_O’Connell@ntrs.com

Source: Northern Trust

FAQ

When will Melanie Pickett assume her new role as Head of Asset Servicing Americas at NTRS?

Melanie Pickett will assume her new role as Head of Asset Servicing Americas at Northern Trust (NTRS) effective January 1, 2025.

What has been Melanie Pickett's track record at NTRS since becoming Head of Asset Owners Americas?

Under Pickett's leadership since 2022, Asset Owners Americas experienced strong growth in new clients and assets under custody and administration, as well as success with A-Suite by Northern Trust.

What will be Melanie Pickett's responsibilities in her new role at NTRS?

In her new role, Pickett will lead Northern Trust's business serving institutional, corporate, and asset manager clients in the Americas region, while continuing to oversee product and service delivery to asset owner clients.

What was Melanie Pickett's first role when she joined NTRS in 2017?

When Melanie Pickett joined Northern Trust in 2017, she spearheaded the development of Front Office Solutions, a business line focusing on portfolio management and technology needs for complex asset allocators worldwide.

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