Northern Trust Stock Price, News & Analysis

Northern Trust has announced the appointment of Beth Opperman as President of the Southwest and Rocky Mountain regions. In her new role, she will lead teams dedicated to serving high-net-worth clients across Arizona, Colorado, Nevada, and Texas. With nearly 30 years in wealth management, Opperman previously headed Trust Advisory Services at Wells Fargo, emphasizing exceptional client experiences. Her leadership aims to enhance Northern Trust's Wealth Management division, which manages $351.4 billion as of December 31, 2022. The firm is recognized for delivering innovative and comprehensive wealth solutions.

Northern Trust (NASDAQ: NTRS) has donated over $165 million in the past decade to non-profits, including $19 million in 2022. The donations focus on food security, affordable housing, healthcare, and education. Employees provided over 1 million hours of volunteer service, with a significant uptick in participation during the global month of service in October. Notable initiatives include support for La Casa Norte for housing, East End Community Foundation for education, and Bangalore Medical Services Trust for healthcare. For more details, refer to their 2022 Philanthropic Impact Report.

Northern Trust (Nasdaq: NTRS) has partnered with SimCorp to enhance data integration for clients using the SimCorp Dimension platform. This collaboration is part of Northern Trust's Whole Office™ strategy to streamline investment management processes. The integration will automate custody data file exchanges via two methods: direct file delivery and cloud-based Asset Service Hub. This partnership aims to improve data transfer efficiency and meet client demands for technological integration, particularly in the Middle East and Nordics. Northern Trust manages assets totaling $13.6 trillion under custody and $1.2 trillion under management.

Northern Trust Corporation announced that CFO Jason Tyler will speak at the RBC 2023 Capital Markets Global Financial Institutions Conference on March 7, 2023, at 1:20 p.m. ET in New York City. A live webcast will be available on Northern Trust's investor relations website, and a replay will be accessible for four weeks post-event. Founded in 1889, Northern Trust provides wealth management, asset servicing, and banking services globally, with assets under custody/administration totaling US$13.6 trillion and assets under management of US$1.2 trillion as of December 31, 2022.

Northern Trust has appointed Gregory Irizarry as Senior Managing Director in the Miami office, where he will oversee a team dedicated to ultra-high net worth individuals and families in South Florida. Irizarry brings 22 years of experience at Northern Trust, having previously served as Senior Wealth Strategist. He holds several financial licenses and graduated from Fairleigh Dickson University. With $351.4 billion in assets under management, Northern Trust is recognized for its innovative wealth management services and has a global presence.

Northern Trust has highlighted an inspiring conversation between Steph Wagner and Erin Lydon, President of Poker Power, emphasizing how poker can empower women by teaching essential skills such as negotiation and decision-making. Through an innovative curriculum, Poker Power reaches women of all ages, aiming to enhance their confidence in financial matters. The initiative has expanded significantly since its inception, now engaging 30,000 women and operating in 40 countries. Furthermore, it recently partnered with Global Give Back to teach 5,000 girls in Kenya how to play poker, aiming to improve their life skills and opportunities.

Northern Trust has appointed Carlos J. Arrizurieta as President of the Northeast Region, overseeing Wealth Advisory teams in the New York City, Greenwich, and Boston markets. With over 37 years of financial experience, Arrizurieta previously served as Senior Vice President in Miami, focusing on ultra high-net-worth clients. Under his leadership, Northern Trust aims to enhance client service and grow its presence in the Northeast. The firm manages assets totaling $351.4 billion as of December 31, 2022. His extensive background includes roles at Wells Fargo, Deutsche Bank, and Citi Private Bank.

Northern Trust has appointed Nikè Anani as the Director of Next Gen Advisory for Wealth Management, a newly established role aimed at enhancing client service for the younger generation managing wealth transitions.

Anani, previously the founder and CEO of a consulting service focused on Next Gen services, brings extensive leadership experience in wealth transfer strategies. With estimates of a projected $80 trillion in wealth transfer over the next 20 years, her role is crucial for addressing clients' needs during this significant transition.

Northern Trust currently manages $351.4 billion in assets as of December 31, 2022.

Northern Trust (NASDAQ: NTRS) announced that Daniel Gamba will be the new President of Asset Management effective April 3. Gamba joins from BlackRock, where he spent 22 years in various leadership roles, including co-head of Fundamental Equities. He has extensive experience in investment management, focusing on driving growth and change. CEO Michael O’Grady expressed confidence in Gamba's ability to lead the firm towards continued growth in investment solutions. Northern Trust manages assets of US$1.2 trillion and has US$13.6 trillion in assets under custody/administration.