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Northern Trust Wealth Management has appointed John Donahoo as Senior Managing Director for the Northeast Florida market. With over 25 years of experience, Donahoo will guide a team focused on serving high net worth families, endowments, and foundations. This region is vital for Northern Trust, which has operated in Florida for 50 years. Prior to this role, Donahoo worked at Wells Fargo and U.S. Trust/Bank of America. Northern Trust manages $372.9 billion in assets as of September 30, 2021.
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Appointment of experienced director John Donahoo enhances leadership in Northeast Florida market.
Northern Trust has a strong asset management base, with $372.9 billion in assets under management.
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JACKSONVILLE, Fla.--(BUSINESS WIRE)--
Northern Trust Wealth Management announced today the appointment of John Donahoo as Senior Managing Director of the Northeast Florida market.
Donahoo will lead a team of seasoned professionals who serve high net worth families, endowments, and foundations with comprehensive wealth management services in Northeast Florida. Donahoo has more than 25 years’ experience in banking, investing and wealth management. He will report to East Florida Region President Michael J. Bracci.
“Northern Trust has had a presence in Florida for 50 years, and Northeast Florida is a key, fast-growing market,” Bracci said. “John is a trusted advisor and highly-skilled director, and we are pleased to add his expertise to our wealth management team.”
Prior to joining Northern Trust, Donahoo was a managing director at Wells Fargo in Jacksonville. Before that he was a managing director and wealth advisor with U.S. Trust/Bank of America.
Donahoo is a graduate of the University of North Carolina at Chapel Hill and has an MBA from the University of North Florida.
Donahoo has a passion for serving his community as much as his clients. He has been actively engaged with many civic and not-for-profit organizations, currently serving on the Board of Trustees for the Evergreen Cemetery Association and Scenic Jacksonville and has a long history of community involvement in Jacksonville with organizations such as the Cummer Museum of Art and Gardens, Episcopal School of Jacksonville, Public Service Grants Council, Cultural Council, United Way of NE Florida and University of North Florida.
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 and ranks among the top 10 U.S. wealth managers, with $372.9 billion in assets under management as of September 30, 2021. 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 22 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2021, Northern Trust had assets under custody/administration of US$15.8 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. Please visit our website or follow us on Twitter.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.
John Donahoo is the newly appointed Senior Managing Director for Northern Trust in Northeast Florida, bringing over 25 years of experience in banking and wealth management.
What are Northern Trust's assets under management as of September 30, 2021?
As of September 30, 2021, Northern Trust manages $372.9 billion in assets.
How long has Northern Trust been in Florida?
Northern Trust has had a presence in Florida for 50 years.
What services does Northern Trust Wealth Management provide?
Northern Trust Wealth Management offers comprehensive wealth management services for high net worth families, endowments, and foundations.
What is the significance of the Northeast Florida market for Northern Trust?
The Northeast Florida market is considered a key and fast-growing area for Northern Trust, crucial for its expansion in wealth management services.
