Milwaukee Symphony Orchestra Selects Northern Trust to Provide Investment Management Services for Endowment and Foundation
CHICAGO--(BUSINESS WIRE)--Feb 11, 2019--Northern Trust announced today that its Foundation & Institutional Advisors (FIA) practice has been selected to provide investment management services for Milwaukee Symphony Orchestra’s Endowment and Foundation.
“In conducting an extensive search for strategic partners to help manage our foundation and endowment assets, Northern Trust rose to the top because it has a long history of helping non-profits advance their mission,” said Patrick Murphy, Treasurer of the Milwaukee Symphony Orchestra. “The team brings deep expertise to the table that will help the MSO grow this critical piece of its long-term funding strategy to permit it to remain financially viable for generations to come.”
The Milwaukee Symphony Orchestra’s mission is to connect with diverse audiences through concert performances and nationally recognized education and outreach programs. All programs are guided by the Milwaukee Symphony Orchestra’s Family Shared Vision, which states that the orchestra exists for three purposes: to comfort, educate, entertain and exhilarate the human soul through events of cultural significance, relevance and artistic challenge; to embrace, preserve and foster its musical heritage; and to enhance the vibrancy of the community.
“We are delighted to work with the Milwaukee Symphony Orchestra to provide investment management services,” said Darius A. Gill, National Practice Executive, Northern Trust Foundation & Institutional Advisors group. “Building upon its already premier status, the Milwaukee Symphony Orchestra is engaged in an important campaign and construction project that makes our partnership even more exciting as we seek to further its mission and musical endeavors.”
Northern Trust’s Foundation & Institutional Advisors (FIA) group serves nonprofit organizations through sophisticated investment management solutions, strategic insights and world-class resources. Northern Trust provides investment advice, asset servicing and related services to help nonprofit organizations achieve financial and philanthropic goals cost-effectively, 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.
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 20 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2018, Northern Trust had assets under custody/administration of US$10.1 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 http://www.northerntrust.com/disclosures.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190211005065/en/
CONTACT: Media Contact:
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS WISCONSIN
INDUSTRY KEYWORD: ENTERTAINMENT ARTS/MUSEUMS MUSIC PHILANTHROPY PROFESSIONAL SERVICES BANKING CONSULTING FINANCE OTHER PHILANTHROPY FOUNDATION
SOURCE: Northern Trust Corporation
Copyright Business Wire 2019.
PUB: 02/11/2019 10:00 AM/DISC: 02/11/2019 10:01 AM