Northern Trust

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Overview: Northern Trust is a leader in custodial services, asset management and wealth management (including family office type services), headquartered in Chicago. Northern Trust has these principal lines of business:

  • Investment management
  • Asset and fund administration
  • Fiduciary and banking services
  • Wealth management

Job Openings: See this list of current job openings.

Size: Northern Trust reports these figures as of December 30, 2008:

  • Banking assets = $82 billion
  • Assets under custody = $3.0 trillion
  • Assets under management = $575.5 billion
  • U.S. offices = 84
  • Operations in 18 states
  • Clients in 90 countries

Positives: Northern Trust is a highly respected name in custody services and wealth management. Net income for the full year 2008 was up by 9% over the 2007 figure.

Negatives: Northern Trust is not open about disclosing its number of employees and trends in employment.

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