Northern Trust Strengthens Foundation & Institutional Advisors Practice in the Mid-Atlantic

Rhea-AI Summary

Northern Trust has announced that Karen Wawrzaszek has joined the Foundation & Institutional Advisors (FIA) practice as a Senior Vice President and Regional Director in Washington, D.C. She will support the firm's foundation, endowment, and nonprofit clients in the Mid-Atlantic region. Wawrzaszek brings over 25 years of wealth management experience and expertise in philanthropy, ESG, and impact investing. She will work with nonprofit and institutional clients on investment advisory needs, including Outsourced CIO, planned giving, philanthropic advisory, impact investing, and banking services.

WASHINGTON--(BUSINESS WIRE)-- Northern Trust announced today that Karen Wawrzaszek has joined the Foundation & Institutional Advisors (FIA) practice as a Senior Vice President and Regional Director in Washington, D.C., where she will support efforts to grow and serve the firm’s foundation, endowment and nonprofit clients in the Mid-Atlantic region.

Karen Wawrzaszek, Northern Trust (Photo: Business Wire)

In this role, Wawrzaszek will work with nonprofit and institutional clients on all their investment advisory needs, including Outsourced CIO (OCIO), planned giving, philanthropic advisory, impact investing and banking services. She will partner with foundations, endowments and not-for-profit organizations to help them achieve their investment, financial and mission-oriented goals.

Wawrzaszek brings more than 25 years of wealth management experience to the role. Most recently, she served as Regional President for the Washington, D.C. area region of a large national wealth management firm where she was a member of the firm’s Philanthropy Practice Group and Responsible Investment Advisory Board, helping to shape the advice and solutions for private foundation, not-for-profit and tax-exempt organizations.

Previously, she served in leadership roles at Rockefeller Capital Management and Pitcairn. She is a recognized thought leader and subject matter expert in philanthropy, ESG and impact investing, including speaking roles at the UN Global People’s Summit and the UN Ideagen’s Sustainability Conference.

“Karen’s expertise will assist our team as we continue to accelerate the growth of our institutional nonprofit business across the region,” said Darius A. Gill, National Practice Executive for FIA.

Wawrzaszek serves as an Executive Committee Member and Investment Chair of the Meyer Foundation, Chairman of the Board for Teach for America DC, and a Finance Chair for Global Impact. She is a Global Advisory Council Member of Beyond the Billion, an organization dedicated to improving venture capital funding for women and also a committee member for 50/50 Women on Boards.

Wawrzaszek was named a Washingtonian Top Financial Adviser in 2018, 2020, 2021, and 2022 and is a graduate and featured member of Leadership Greater Washington’s Signature Program.

She earned a bachelor’s degree in Finance from Wichita State University and is a CERTIFIED FINANCIAL PLANNER™ professional, Certified Trust and Financial Advisor (CTFA), and a Certified Exit Planning Advisor.

Northern Trust’s Foundation & Institutional Advisors (FIA) group serves nonprofit organizations through sophisticated investment management solutions, strategic insights and world-class resources. FIA provides investment advice, asset servicing and related services to help nonprofit organizations achieve financial and philanthropic goals, collaborating with board and investment committee members to assist with investment oversight. 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 $369.9 billion in assets under management as of September 30, 2023. 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 25 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, 2023, Northern Trust had assets under custody/administration of US$14.2 trillion, and assets under management of US$1.3 trillion. For more than 130 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231031209316/en/

Media Contact:

Karen Mellen

773-860-8110

Kem6@ntrs.com

Source: Northern Trust

FAQ

Who has joined Northern Trust's FIA practice?

Karen Wawrzaszek has joined Northern Trust's FIA practice as a Senior Vice President and Regional Director in Washington, D.C.

What will Karen Wawrzaszek's role be?

Karen Wawrzaszek will work with nonprofit and institutional clients on all their investment advisory needs, including Outsourced CIO, planned giving, philanthropic advisory, impact investing, and banking services.

What is the focus of Northern Trust's FIA group?

Northern Trust's FIA group serves nonprofit organizations through sophisticated investment management solutions, strategic insights, and world-class resources. They provide investment advice, asset servicing, and related services to help nonprofit organizations achieve financial and philanthropic goals.

What experience does Karen Wawrzaszek bring to the role?

Karen Wawrzaszek brings over 25 years of wealth management experience and expertise in philanthropy, ESG, and impact investing to the role.

What organizations is Karen Wawrzaszek involved with?

Karen Wawrzaszek serves as an Executive Committee Member and Investment Chair of the Meyer Foundation, Chairman of the Board for Teach for America DC, and a Finance Chair for Global Impact. She is also a Global Advisory Council Member of Beyond the Billion and a committee member for 50/50 Women on Boards.