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Northern Trust Strengthens Trust Advisory Practice

August 22, 2018

WASHINGTON--(BUSINESS WIRE)--Aug 22, 2018--Northern Trust announced that Alex S. Tanouye has joined the firm’s Wealth Management group as a Vice President, Senior Trust Advisor and Relationship Manager. Tanouye joins Northern Trust’s Washington D.C. advisors focused on providing high-net worth clients with investment management, trust and estate solutions, and banking services. As an attorney in private practice for over 13 years, Tanouye brings substantial experience handling virtually all aspects of trust and estate law, wealth transfer taxation, and fiduciary income taxation.

“Alex brings to Northern Trust’s Wealth Management group the unique perspective of a veteran trust, estate and tax attorney whose practice included planning, administration and litigation surrounding estates and trusts. His perspective is a valuable asset in developing and implementing practical, goals-based solutions for even our most complex clients,” said Brett Rees, President of the Mid-Atlantic Region. “Alex’s knowledge and expertise complement our existing advisors dedicated to serving the financial needs of corporate executives, business owners, entrepreneurs, family businesses, and multi-generational families.”

As Senior Trust Advisor, Tanouye leverages his private practice experience in managing relationships with Northern Trust clients and their families. He works collaboratively with their accountants, attorneys, and other professional advisors to develop goals-driven solutions for the wealth management, preservation, and transmission of their assets.

Tanouye has written, presented, and led instruction at the local, state, and national levels on a variety of trust and estate topics, including spousal elective share laws, estate and gift taxation, and fiduciary income taxation. In 2018, Washingtonian Magazine named Tanouye as one of DC’s Best Estate Attorneys / Financial Advisers. He currently serves as President of the Estate Planning Council of Montgomery County, Md., and as a Vice Chair of the American Bar Association Section of Real Property, Trust and Estate Law’s Committee on Non-Tax Issues Affecting the Planning and Administration of Estates and Trusts.

Prior to joining Northern Trust, Tanouye was a partner at the Bethesda, Md. law firm Pasternak & Fidis, P.C. He received his bachelor’s degree with honors from the University of Maryland College Park, where he was elected to membership in Phi Beta Kappa. He received his law degree from the University Of Maryland Carey School Of Law. Tanouye served in the U.S. Army Reserve from 1994 through 2002, and ultimately attained the rank of Sergeant (E-5) before being honorably discharged.

Tanouye is based in Northern Trust’s Washington D.C. office, located at 800 Connecticut Avenue NW, Suite 200.

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 $287 billion in assets under management as of June 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 June 30, 2018, Northern Trust had assets under custody/administration of US$10.7 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/20180822005044/en/

CONTACT: Northern Trust Corporation

Media Contact:

Alaina Keinman

(312) 444-4065

AK503@ntrs.com

http://www.northerntrust.com

KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA ILLINOIS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE LEGAL

SOURCE: Northern Trust Corporation

Copyright Business Wire 2018.

PUB: 08/22/2018 08:00 AM/DISC: 08/22/2018 08:01 AM

http://www.businesswire.com/news/home/20180822005044/en

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