Northern Trust Named Best Private Bank in U.S.
Also Received Top Honors for Best Private Bank in
- “Best Private Bank in the U.S.”
-
“Best Private Bank in
North America for Entrepreneurs” -
“Best Private Bank in
North America for Ultra High Net Worth Clients”
Northern Trust is now a 13-time winner of “Best Private Bank in the U.S.” which is part of the Global Private Banking Awards created in 2009 to recognize excellence in the wealth management industry by firms worldwide. More than 300 submissions were entered by 120 banks from 55 countries.
Professional Wealth Management Editor-in-Chief Yuri Bender said Northern Trust’s ability to collect, analyze and incorporate data into investment and business decisions was particularly important to the panel of judges.
“Leading private banks are beginning to realise that gaining a deep understanding of cultural, business and spending behaviours of their family clients and entrepreneurs is key to improving their relationships,” Bender said. “Northern Trust is at the centre of this innovation.”
Northern Trust Wealth Management President Jason Tyler said the recognition reflects Northern Trust’s storied history of serving the most affluent individuals and families in the world, with more than
“To effectively serve a diverse clientele – including established wealth holders, emerging businesses and the next generation – our offerings must be finely tuned to ensure clients are optimizing their wealth management, banking, planning and other needs over time,” Tyler said. “We are dedicated to bringing each client the best of Northern Trust and delivering best-in-class service, and we are proud that, year after year, we continue to excel in that realm.”
Northern Trust’s comprehensive suite of services for entrepreneurs and family businesses was among the highlights. Northern Trust’s specialized teams have worked with thousands of business owner clients to develop tailored plans at the intersection of business and personal wealth, including succession planning, navigating sales or other transitions, and commercial banking.
“Our team is committed to serving entrepreneurs at every stage,” Tyler added. “We help clients who are laser-focused on growing their businesses and maximizing their value, but we also strongly promote the importance of early estate planning, focusing on legacies and finding creative ways to set up the next generation for success.”
In addition to the top honors, Northern Trust was named Highly Commendable in the category of “Best Private Bank in
Northern Trust accepted the awards at an event in
Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses. It is recognized for its innovative technology, service excellence and depth of expertise, with over
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
Northern Trust Corporation, Head Office: 50 South La Salle Street,
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Landis Cullen
312-444-3188
LC332@ntrs.com
Source: Northern Trust Corporation
