Northern Trust Wins Two Best Private Bank Awards
CHICAGO--(BUSINESS WIRE)--Nov 8, 2018--Northern Trust, a leading provider of wealth management services, has been named Best Private Bank for Family Offices Globally and Best Private Bank for Customer Service in the U.S. by Professional Wealth Management and The Banker magazines, publications of the Financial Times Group.
“Northern Trust has been a pioneer in technological innovation while maintaining the importance of human relationships with clients,” said Professional Wealth Management Editor-in-Chief Yuri Bender. “Northern Trust’s philosophy of wealth management strikes the elusive balance of human contact and advice with digital access and data analysis.”
“These awards reflect our commitment to leveraging technological innovation to evolve the client experience,” said Northern Trust Wealth Management President Steven L. Fradkin. “Providing our clients with superior and differentiated service is central to everything we do, and we are delighted to receive this recognition.”
These awards are part of the Global Private Banking Awards created 10 years ago to recognize excellence in the wealth management industry by firms worldwide. More than 170 banks in more than 60 countries entered submissions for the award.
Northern Trust received the honors at a gala dinner on November 7 in London at the Four Seasons’ Park Lane Hotel.
This year, Northern Trust has also been named the Best Private Bank for Use of Technology in North America by Professional Wealth Management in recognition for its Goals Driven Wealth Management approach and proprietary Goals Powered Solutions (GPS) platform.
Northern Trust Wealth Management specializes in Goals Driven Wealth Management backed by innovative technology and a strong fiduciary heritage. Northern Trust Wealth Management is ranked among the top 10 U.S. wealth managers, with $295.5 billion in assets under management as of September 30, 2018, and a wide network of wealth management offices across the United States.
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 offices in the United States in 19 states and Washington, D.C., and 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2018, Northern Trust had assets under custody/administration of US$10.8 trillion, and assets under management of US$1.1 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
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/disclosures.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181107005972/en/
CONTACT: Northern Trust Corporation
KEYWORD: UNITED KINGDOM UNITED STATES EUROPE NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Northern Trust Corporation
Copyright Business Wire 2018.
PUB: 11/08/2018 01:01 AM/DISC: 11/08/2018 01:01 AM