Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from the Financial Times and PWM's Wealth Tech Awards: "Best Private Bank in the U.S. for Digital Wealth Planning" "Best Private Bank in the U.S. for Digital Customer Experience" The Wealth Tech Awards recognize and celebrate technology innovation in the wealth management industry. Judged by a panel of experts, the awards highlight companies and products that use technology to enhance client experiences, streamline operations and improve investment outcomes. "Our industry-leading technology, which is backed by the resources and expertise of a longstanding, global financial institu

Michael Hunstad and Christian Roth bring combined six decades of investment expertise Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.3 trillion in assets under management as of March 31, 2025, has appointed Michael Hunstad, PhD and Christian (Chris) Roth, CFA as Global Co-Chief Investment Officers, effective June 1, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250508580706/en/Michael Hunstad, Global Co-Chief Investment Officer, Northern Trust Asset Management Hunstad and Roth will oversee NTAM's investment performance, process and philosophy. They will co-chair the Investment

Global markets produced mixed results in the first quarter of 2025, largely due to uncertainty surrounding U.S. trade policies, ongoing global inflation, and rising geopolitical tensions. The Northern Trust All Funds Over $100 Million plan universe had a median return of 0.7% for the quarter. The Northern Trust Universe tracks the performance of 377 large U.S. institutional investment plans, with a combined asset value of more than $1.4 trillion, which subscribe to performance measurement services as part of Northern Trust's asset servicing offerings. The Northern Trust Corporate (ERISA) universe had the strongest investment performance among institutional segments, with a median return o

Canadian pension plans showed strength and resilience amidst a tumultuous backdrop during the first quarter of 2025, with the median pension plan rising 1.5% for the three-month period, according to the Northern Trust Canada Universe. Financial markets were roiled in Q1 by heightened macro uncertainty and elevated levels of volatility, primarily driven by tariff directives announced by the U.S. administration. Although macro-economic data, a key barometer for monetary policy, remained relatively healthy, trade tensions cast a wave of trepidation across markets. Some major central banks chose to cut interest rates as progress on inflation continued, while the U.S. Federal Reserve (Fed) main

The Northern Trust Carbon Ecosystem™ will provide lifecycle management for digital carbon credits certified under the Natural Forest Standard Northern Trust (NASDAQ:NTRS) announced today that it has entered into a service agreement with UK-based Ecosystem Certification Organisation (ECO) to provide recordation and settlement services for digital carbon credit units issued to project developers under the Natural Forest Standard (NFS), which is administered and governed by ECO. Under the agreement, Northern Trust will record the ‘Natural Capital Credits' generated by NFS-certified projects and act on instructions from each project developer to transfer and settle digital carbon credit trans

Northern Trust Corporation (NASDAQ:NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on July 1, 2025, to holders of record at 5:00 p.m., Chicago time, on June 6, 2025. Northern Trust Corporation also declared cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), payable on July 1, 2025, to holders of record at 5:00 p.m., Chicago time, on June 15, 2025. About Northern Trust Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of wealth management, asset servicing, as

Northern Trust Corporation has released its first quarter 2025 financial results. Results can be found at https://www.northerntrust.com/about-us/investor-relations as well as on the corporation's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (SEC) on April 22, 2025, which is available on the SEC's website at https://www.sec.gov. Webcast of First Quarter Earnings Conference Call Northern Trust's first quarter earnings conference call will be webcast on April 22, 2025. The live call will be conducted at 8:00 a.m. CT and is accessible on Northern Trust's website at the address noted above. A recording of the live call will be available on Northern Trust's

Northern Trust (NASDAQ:NTRS) announced today that Douglas Gee has been named Global Head of Sales for Asset Servicing, effective 1 July. He replaces the retiring Jon Dunham. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250422702223/en/Douglas Gee, Global Head of Sales, Northern Trust Asset Servicing Gee will be responsible for driving global sales strategy, accelerating new business revenue growth and expanding awareness of Northern Trust's ever-evolving capabilities. He will report to Northern Trust Asset Servicing President, Teresa Parker. Gee, who joined Northern Trust in 2008 to lead its Asset Owner business development fo

Northern Trust announced today that Amy Szostak, Director of Family Education and Governance, has been elected a Fiduciary Counsel Fellow of the American College of Trust & Estate Counsel (ACTEC). With Szostak's appointment, Northern Trust now has 16 ACTEC Fellows. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250414044286/en/Amy Szostak, Director of Family Education and Governance, Northern Trust ACTEC is a national organization of lawyers and academics at the top of their profession, committed to maintaining excellence in the trust and estate field and to continually improving the practice of trust and estate law. ACTEC's peer

Northern Trust announced today that John Massey was promoted to Senior Managing Director for the Foundation & Institutional Advisors (FIA) practice in the East Region. In this role, Massey will lead a team focused on delivering sophisticated investment management solutions, strategic insights and world-class resources to private foundations, endowments and other nonprofit institutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250410891195/en/ Previously, Massey served as a Senior Institutional Investment Advisor for the FIA practice. Prior to joining Northern Trust in 2012, Massey worked for the State of Connecticut's Pensi

Michael Hunstad and Christian Roth bring combined six decades of investment expertise Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.3 trillion in assets under management as of March 31, 2025, has appointed Michael Hunstad, PhD and Christian (Chris) Roth, CFA as Global Co-Chief Investment Officers, effective June 1, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250508580706/en/Michael Hunstad, Global Co-Chief Investment Officer, Northern Trust Asset Management Hunstad and Roth will oversee NTAM's investment performance, process and philosophy. They will co-chair the Investment

The Northern Trust Carbon Ecosystem™ will provide lifecycle management for digital carbon credits certified under the Natural Forest Standard Northern Trust (NASDAQ:NTRS) announced today that it has entered into a service agreement with UK-based Ecosystem Certification Organisation (ECO) to provide recordation and settlement services for digital carbon credit units issued to project developers under the Natural Forest Standard (NFS), which is administered and governed by ECO. Under the agreement, Northern Trust will record the ‘Natural Capital Credits' generated by NFS-certified projects and act on instructions from each project developer to transfer and settle digital carbon credit trans

Series of Appointments to Enhance Quant Capabilities and Accelerate Innovation Northern Trust Asset Management (NTAM), a leading global investment management firm with US$1.3 trillion in assets under management as of December 31, 2024, announced a major expansion of its global quantitative investment strategies team. NTAM has hired 13 investment personnel, including quantitative researchers, portfolio analysts and quantitative developers in Amsterdam, in a move that will enhance its existing quantitative factor platform and accelerate innovation into diversifying strategies. They join NTAM's quantitative strategies team under the leadership of Global Head of Quantitative Strategies Mark

Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced Lyenda Simpson Delp will become Head of the Global Institutional Client Group, effective December 3. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240925776877/en/Lyenda Simpson Delp, Head of the Global Institutional Client Group, Northern Trust Asset Management (Photo: Business Wire) Lyenda will lead the strategic direction and commercial success of NTAM's institutional businesses in the Americas, Europe, and the Middle East (EMEA), and Asia-Pacific (APAC) regions. NTAM

NTAM Appoints Head of Global Stewardship; Unveils Proxy Voting Choice Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of June 30, 2024, announced actions to further strengthen its investment stewardship capabilities: appointing Paul Clark as Global Head of Stewardship, and unveiling the phased rollout of proxy voting choice. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240808855510/en/Paul Clark, Global Head of Stewardship, Northern Trust Asset Management (Photo: Business Wire) "We believe effective investment stewardship helps protect and e

Northern Trust has appointed Ali Nafii as Market Leader in San Diego, where he will direct the wealth management business serving high-net-worth individuals and families. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240716033019/en/Ali Nafii (Photo: Business Wire) In his new role, Nafii will be responsible for driving strategic growth in San Diego. He will lead a team that provides best-in-class investment management, trust, banking and advisory solutions to many of San Diego's most successful families, companies and nonprofits. Nafii joined Northern Trust in 2015, most recently serving as Client Development Market Lead & Seni

Northern Trust (NASDAQ:NTRS) announced today the appointment of Chandra Dhandapani to its Board of Directors. Dhandapani is currently a senior advisor at CBRE Group, Inc., the world's largest commercial real estate services and investment firm. She previously served as Chief Executive Officer of the firm's Global Workplace Solutions (GWS) business segment, overseeing the delivery of services including facilities management, project management and transaction services to clients worldwide. Prior to that, she served in a dual role as CBRE's Chief Transformation Officer, with executive oversight for People, Marketing, Supply Chain and Corporate Real Estate, and Chief Operating Officer of G

Northern Trust has appointed Ayla Kalani as Los Angeles Market Leader, where she will lead the wealth management business serving high-net-worth individuals and families. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240325607340/en/Ayla Kalani, Northern Trust Wealth Management Los Angeles Market Leader. (Photo: Business Wire) Kalani's territory will include Century City, Pasadena and Santa Barbara, where offices are dedicated to delivering exceptional service, renowned expertise and an innovative goals-driven wealth management approach for clients. She joins a team providing best-in-class investment management, trust, banking

Northern Trust has appointed Dotti Reeder as Market President of Dallas-Fort Worth, where she will lead the wealth management business serving high-net-worth individuals and families. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240304684831/en/Dotti Reeder (Photo: Business Wire) Reeder will oversee offices at Saint Ann Court, Park Cities and Fort Worth dedicated to delivering exceptional service, renowned expertise and an innovative goals-driven wealth management approach for clients. She joins a team providing best-in-class investment management, trust, banking and advisory based solutions. Most recently, Reeder was at Tol

Northern Trust has appointed Wing Wilson as Chief Fiduciary Officer, East Region, where she will lead the team in the delivery of fiduciary and advisory services to families, individuals and foundations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231212635719/en/Wing Wilson (Photo: Business Wire) In this role, Wilson, who will be based in New York City, will have fiduciary oversight across Northern Trust's East region, spanning from Florida to the New England states. She will lead the strategic direction and execution of these services while accelerating growth. Wilson has more than 15 years of experience in fiduciary serv

Morgan Stanley downgraded Northern Trust from Equal-Weight to Underweight and set a new price target of $95.00

Morgan Stanley upgraded Northern Trust from Underweight to Equal-Weight and set a new price target of $127.00 from $103.00 previously

Goldman downgraded Northern Trust from Neutral to Sell and set a new price target of $82.00 from $84.00 previously

Morgan Stanley downgraded Northern Trust from Equal-Weight to Underweight and set a new price target of $86.00 from $82.00 previously

Jefferies upgraded Northern Trust from Hold to Buy and set a new price target of $99.00 from $68.00 previously

Wolfe Research downgraded Northern Trust from Peer Perform to Underperform and set a new price target of $85.00

Wells Fargo downgraded Northern Trust from Overweight to Equal Weight

BofA Securities resumed coverage of Northern Trust with a rating of Buy and set a new price target of $90.00

UBS downgraded Northern Trust from Buy to Neutral and set a new price target of $80.00 from $100.00 previously

Seaport Research Partners downgraded Northern Trust from Buy to Neutral