What does Northern Trust do?

Northern Trust is a global financial institution based in Chicago, founded in 1889. The company specializes in asset servicing, investment management, and wealth management services for high-net-worth individuals, families, and institutions. With over 23,000 employees across more than 20 locations worldwide, Northern Trust manages approximately $1.7 trillion in assets under management. The firm is recognized for its commitment to service, expertise, and integrity, maintaining stability through significant historical events. Northern Trust has received numerous accolades, including being named Fortune's World's Most Admired Company for 17 consecutive years and Best Private Bank in the U.S. by Financial Times Group in 2024. The company also emphasizes community philanthropy, focusing on food, housing, healthcare, and education initiatives.