Northern Trust

Northern Trust Selected as Custodian for Nebraska Investment Council Pension Funds

Retrieved on: 
Wednesday, December 6, 2023
Banking, Asset Management, Professional Services, Finance, CIO, System, NIC, Trust, Pension, First State Bank (Nebraska), Pension fund, Northern Trust

Northern Trust (Nasdaq: NTRS) announced today that it has been selected by the Nebraska Investment Council (NIC) to provide asset management and asset servicing solutions, including custody, portfolio analytics and securities lending, for its pension fund.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today that it has been selected by the Nebraska Investment Council (NIC) to provide asset management and asset servicing solutions, including custody, portfolio analytics and securities lending, for its pension fund.
  • Established in 1969 as a centralized state investment agency, the NIC provides investment services to the state of Nebraska and is responsible for the investment of assets in state pensions and trust funds.
  • NIC selected Northern Trust for several reasons, including its high touch client service model, its advanced online technology platform and its ability to create operational efficiencies for the team's day-to-day investment activity.
  • “Northern Trust’s commitment to client service differentiated them amongst the competition,” said Michael Walden-Newman, CIO of the Nebraska Investment Council.

Northern Trust Selected Asset Servicing Provider for $29 Billion Costco Retirement Plan

Retrieved on: 
Thursday, November 16, 2023
Banking, Asset Management, Professional Services, Finance, Costco, Trust, Northern Trust

Northern Trust (Nasdaq: NTRS) announced today that it has been selected by Costco Wholesale Corporation to provide custody, daily valuation and brokerage services for Costco’s defined contribution retirement plan, with $29 billion in assets.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today that it has been selected by Costco Wholesale Corporation to provide custody, daily valuation and brokerage services for Costco’s defined contribution retirement plan, with $29 billion in assets.
  • As of its last earnings release, Costco operates 861 warehouses, including 591 in the United States and Puerto Rico.
  • “We are honored to be selected as asset servicing partner for Costco’s defined contribution plan,” said Melanie Pickett, Head of Asset Owners, Americas at Northern Trust.
  • We look forward to providing outstanding client service to Costco.”
    Northern Trust has had an unwavering and longstanding commitment to the asset owner space for many decades.

Northern Trust Anchor Award Goes to Nourishing Hope

Retrieved on: 
Thursday, November 16, 2023
Men, Banking, Professional Services, Family, Philanthropy, Consumer, Asset Management, Fund Raising, Foundation, Other Consumer, Women, Finance, Meal, Genesys, Art Institute, Food, Award, Hope, Metropolitan Family Services, Student, Multimedia, Food security, Software, Poverty, Growth, Volunteering, Hunger, Pharmaceutical industry, Nursing, Northern Trust, Metro Chicago

View the full release here: https://www.businesswire.com/news/home/20231116374629/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231116374629/en/
    The Northern Trust Anchor Award (Photo: Business Wire)
    The Anchor Award aims to build the capacity of highly effective nonprofit organizations with a grant designed to strengthen infrastructure, systems, skills and resources.
  • The Award is a new facet to Northern Trust’s nearly 135-year history of philanthropic support, including nearly $170 million over the past decade.
  • “We’re deeply honored to receive the first-ever Anchor Award from Northern Trust, a transformative investment in our work and impact,” Nourishing Hope CEO Kellie O’Connell said.
  • Northern Trust invited select past or current Northern Trust Foundation grantees to participate in the Anchor Awards process.

Northern Trust Leaders to Participate in Goldman Sachs 2023 US Financial Services Conference on December 6th

Retrieved on: 
Tuesday, November 14, 2023
Professional Services, Finance, Asset Management, Banking, Personal Finance, Accounting, Northern Trust, Conference, Goldman Sachs, Life insurance

Northern Trust Corporation announced today that Chairman and Chief Executive Officer Michael O’Grady and Chief Financial Officer Jason Tyler will participate in the Goldman Sachs 2023 US Financial Services Conference in New York City on Wednesday, December 6th, 2023, at 10:40 a.m. (ET).

Key Points: 
  • Northern Trust Corporation announced today that Chairman and Chief Executive Officer Michael O’Grady and Chief Financial Officer Jason Tyler will participate in the Goldman Sachs 2023 US Financial Services Conference in New York City on Wednesday, December 6th, 2023, at 10:40 a.m. (ET).
  • A live webcast of the event may be accessed via Northern Trust's website ( www.northerntrust.com ) in the investor relations section.
  • A replay will be available for approximately four weeks after the session date.

Northern Trust Named Best Private Bank for Family Offices and Succession Planning

Retrieved on: 
Friday, November 10, 2023
Professional Services, Finance, Asset Management, Banking, Personal Finance, Accounting, Woman, Research, Equal housing lender, Overseas Private Investment Corporation, Bank, GFO, Professional Wealth Management, Financial Times, FDIC, Private banking, HarbourVest Global Private Equity, Publication, Succession planning, Financial services, Northern Trust

Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from Professional Wealth Management and The Banker magazines, publications of the Financial Times Group:

Key Points: 
  • Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from Professional Wealth Management and The Banker magazines, publications of the Financial Times Group:
    “Best Private Bank for Family Offices, U.S.”
    “Best Private Bank for Succession Planning, U.S.”
    In addition, Northern Trust was named Highly Commendable for the categories Best Private Bank in the U.S. and Best Private Bank for Wealthy Women, North America.
  • “There were several initiatives from Northern Trust which the judges felt worthy of note,” said Yuri Bender, editor-in-chief of Professional Wealth Management.
  • “Firstly, the role of the Northern Trust Institute in providing research and advice for both advisers and clients is a valuable asset for the business.
  • Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses.

NAIC Welcomes Harland R. Abraham as Vice President of Development

Retrieved on: 
Tuesday, December 12, 2023
Corporation, Business development, Chief business development officer, Tertiary Institutions Service Centre, Public, Bachelor of Electrical Engineering, Electrical engineering, Investment, National Association, NAIC, Talent management, United States patent law, University, Northern Trust, Patent, FSI, Cleveland State University, Grocery store, Management, Engineering, Development

WASHINGTON, Dec. 12, 2023 /PRNewswire/ -- The National Association of Investment Companies (NAIC), the largest network of diverse-owned alternative investment firms, announced the appointment of Harland R. Abraham as Vice President of Development.

Key Points: 
  • WASHINGTON, Dec. 12, 2023 /PRNewswire/ -- The National Association of Investment Companies (NAIC), the largest network of diverse-owned alternative investment firms, announced the appointment of Harland R. Abraham as Vice President of Development.
  • At INROADS, Abraham demonstrated exceptional leadership in Strategic Account Management, Business Development, the Financial Services Institute (FSI), Government Sector, and Talent Management.
  • Abraham also served as Vice President in the Public and Taft-Hartley Funds Division, Corporate & Institutional Services, for The Northern Trust Company in Chicago, IL and Washington, DC.
  • "Having worked with Harland Abraham for many years, I am excited to add his experience, talent and passion for diversity to NAIC's new business development efforts," said Robert L. Greene, President and CEO.

Middle Office Outsourcing Market to grow by USD 3.67 billion between 2023 - 2028, Growth Driven by Need for new technologies and budget constraints - Technavio

Retrieved on: 
Friday, December 8, 2023
Cloud, BAU, Data, Investment, JPMorgan Chase, BNP Paribas, ISO, Northern Trust, Crédit Agricole, State Street Corporation, USD, Bank, Growth, Royal Bank of Canada, ISO 9001:2015, AI, SEI, Citigroup, Certification, Accenture, Fine chemical, Geography

NEW YORK, Dec. 8, 2023 /PRNewswire/ -- The Middle Office Outsourcing Market report has been added to Technavio offering.

Key Points: 
  • NEW YORK, Dec. 8, 2023 /PRNewswire/ -- The Middle Office Outsourcing Market report has been added to Technavio offering.
  • The potential growth difference for the middle office outsourcing market between 2023 and 2028 is USD 3.67 billion.
  • The need for new technologies and budget constraints are driving the middle office outsourcing market growth.
  • Therefore, asset managers need to follow a systematic approach to implement middle office outsourcing models, which can hinder market growth during the forecast period.

59th Annual Austin Trail of Lights Kicks Off December 1

Retrieved on: 
Thursday, November 30, 2023
Online, Seating assignment, Silicon Labs, Vista Equity Partners, City, SHI, University, Tex-Mex, Silicon, Kendra Scott, Code of Support Foundation, Calendar, Broadway Bank, KXAN, Trail, Partnership, Holiday Trail of Lights, Fun Run, Iconic, STARS, Nightclub, Northern Trust

AUSTIN, Texas, Nov. 30, 2023 /PRNewswire/ -- Tickets to the 59th annual Austin Trail of Lights, powered by H-E-B, are available online at www.austintrailoflights.org. While general admission passes to the longest running holiday tradition of its kind in Texas' capital city are free and open-to-the-public seven out of the festival's 14 nights, limited quantities of tickets to the annual Night Lights Preview Party (Dec. 1), presented by Broadway Bank, and registrations for the 12th annual Fun Run (Dec. 2), presented by Chuy's, are also available.

Key Points: 
  • Passes to the Iconic Holiday Festival Available Online; Support Foundation with First Look at Night Lights Preview Party
    AUSTIN, Texas, Nov. 30, 2023 /PRNewswire/ -- Tickets to the 59th annual Austin Trail of Lights, powered by H-E-B, are available online at www.austintrailoflights.org .
  • The Trail of Lights Foundation suggests visiting the 2023 Austin Trail of Lights event calendar to see which nights offer free entry and which nights carry an entry fee, and choose from a variety of premium ticket options.
  • Premium tickets serve to help fund Trail operations, the STARS non-profit access program, and free General Admission nights.
  • December 8th: 59th Annual Grand Opening hosted by The Trail of Lights Foundation and H-E-B.

ANNOUNCING THE 2024 YOUNGARTS AWARD WINNERS

Retrieved on: 
Thursday, November 30, 2023
Rockefeller Brothers Fund, Denyce Graves, County, YoungArts, Ragamala Dance Company, PwC, Division, Music, Culture, United, Sun Chips, Photography, UBS, Department of Cultural Affairs, Agency for Cultural Affairs, Northern Trust, Human, Ranee, Auction, Film industry, Anthropologie, The arts

MIAMI, Nov. 30, 2023 /PRNewswire/ -- YoungArts announces the 2024 YoungArts award winners— nearly 700 of the most accomplished young visual, literary and performing artists from across the country, heralding the next generation of artists to watch. YoungArts award winners are selected through a highly competitive application, which is reviewed by panels of esteemed, discipline-specific artists in a rigorous adjudication process. 2024 YoungArts award winners join a distinguished community of artists who are offered creative and professional development support throughout their careers. A complete list of the 2024 winners, all 15–18 years old or in grades 10–12, is available online at youngarts.org/winners.

Key Points: 
  • YoungArts award winners are selected through a highly competitive application, which is reviewed by panels of esteemed, discipline-specific artists in a rigorous adjudication process.
  • All YoungArts award winners have demonstrated exceptional technique, a strong sense of artistry, and an extraordinary commitment to developing their crafts.
  • 2024 YoungArts winners also have the opportunity to participate in YoungArts Labs, all-expenses paid learning intensives with field-defining artists working in New York and Los Angeles.
  • Among the 2024 class of YoungArts award winners, panelists also select a smaller group of particularly outstanding YoungArts winners with distinction.

Transform Wealth Hires TJ Maxfield as Financial Advisor

Retrieved on: 
Thursday, November 16, 2023
Growth, Interior design, Creative industries, Northern Trust

DENVER, Nov. 16, 2023 /PRNewswire/ -- Transform Wealth is pleased to announce it has hired TJ Maxfield as a Financial Advisor.

Key Points: 
  • DENVER, Nov. 16, 2023 /PRNewswire/ -- Transform Wealth is pleased to announce it has hired TJ Maxfield as a Financial Advisor.
  • Maxfield brings over a decade of industry experience to Transform Wealth, having most recently worked at Northern Trust.
  • "We're thrilled to have TJ join our team," said Nathan Kubik, CEO of Transform Wealth.
  • "We've known TJ for a long time and had several discussions over the years about potentially joining Transform," said David Kubik, President of Transform Wealth.