Northern Trust
Wealth Management & Custody BankingLeading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, and affluent families.
Official Northern Trust Careers Website
Quick Facts
- Headquarters
- Chicago, Illinois, USA
- Founded
- 1889
- Employees
- 23,000+
- Valuation
- Nasdaq Listed (NTRS) — ~$19B Cap
About Northern Trust
Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois. Founded in 1889 by Byron Laflin Smith in a modest one-room office in the Rookery Building, Northern Trust has stood as a bastion of financial conservatism and trust for over 135 years, safeguarding capital through every major American economic cycle.
Operating across 20+ countries, Northern Trust is renowned globally for its two powerhouse core divisions: Wealth Management (serving high-net-worth individuals, family offices, and foundations) and Asset Servicing (providing institutional custody, fund administration, and investment operations to pension plans and sovereign funds).
What Northern Trust Does
Wealth Management & Family Office
Comprehensive financial planning, fiduciary trust administration, philanthropic advisory, and private banking for ultra-wealthy families.
Asset Servicing & Institutional Custody
Global custody, fund accounting, middle-office trade support, foreign exchange, and risk analytics for pension and sovereign institutions.
Northern Trust Asset Management (NTAM)
Quantitative active equity, index tracking, fixed income duration strategies, and multi-manager investment programs.
Global Capital Markets
Securities lending, foreign exchange execution, institutional brokerage, and liquidity management solutions.
Career Areas
Types of professional roles found inside Northern Trust.
- Wealth Advisory & Fiduciary Management
- Custody Operations & Middle-Office Administration
- Banking Technology & Cloud Engineering
- Portfolio Management & Quantitative Analysis
Northern Trust's History
- 1889Founded by Byron Laflin Smith
Byron Laflin Smith founds The Northern Trust Company in Chicago to provide banking and fiduciary services to individuals.
- 1930sFinancial Resilience in the Great Depression
Refuses emergency government assistance during the Great Depression, maintaining full customer solvency and safety.
- 1980sGlobal Custody Expansion
Expands institutional asset servicing across London, Europe, and Asia-Pacific, becoming a leading global custodian.
- 2024Digital Assets & Automation Milestone
Deploys enterprise blockchain and AI automation across institutional fund administration and private wealth management.
Purpose & Values
“To lead in service, expertise, and integrity”
