Profile: Northern Trust Corp (NTRS.O)
29 Jun 2015
Northern Trust Corporation, incorporated on August 23, 1971, is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals around the world. The Company’s operating segments include Corporate & Institutional Services (C&IS), Wealth Management and Treasury and Other. The Company has a network of offices in 19 states in the United States, Washington, D.C. and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region.
Asset Management, through the Company’s various subsidiaries, supports the C&IS and Wealth Management segments by providing a range of asset management and related services and other products to customers around the world. Investment solutions are delivered through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-United States collective investment funds, and unregistered private investment funds. Asset Management’s capabilities include active, passive and engineered equity; active and passive fixed income; cash management; alternative asset classes, such as private equity and hedge funds of funds, and multi-manager advisory services and products. Asset Management’s activities also include overlay services and other risk management services. The Company’s non-United States activities are primarily related to its asset servicing, asset management, foreign exchange, cash management and commercial banking businesses. The Company’s subsidiary is The Northern Trust Company.
Corporate & Institutional Services
The Company’s Corporate & Institutional Services (C&IS) segment is a provider of asset servicing and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds and other institutional investors around the world. Asset servicing and related services include a range of capabilities, including global master trust and custody; employee benefit services; fund administration; investment operations outsourcing; investment risk and analytical services; securities lending; foreign exchange; banking; cash management; treasury management; brokerage services, and transition management services. Customer relationships are managed through the Bank (The Northern Trust Company) and the Bank’s and the Company’s other subsidiaries, including support from locations in North America, Europe, the Middle East, and the Asia-Pacific region.
The Company’s Wealth Management segment provides trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services, and private and business banking. Wealth Management focuses on high-net-worth individuals and families, business owners, executives, professionals, retirees and privately-held businesses in its target markets. Wealth Management also includes the global family office, which provides customized services to meet the financial needs of individuals and family offices in the United States and around the world with assets exceeding $200 million. Wealth Management is a provider of advisory services in the United States. Wealth Management services are delivered by multidisciplinary teams through a network of offices in 18 states in the United States and Washington, D.C., as well as offices in London, Guernsey and Abu Dhabi.
Northern Trust Corp
50 S La Salle St
CHICAGO IL 60603-1008