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Northern Trust Opens New Office in Washington, D.C., to Better Serve Clients

^{Published on 2011-10-05 18:01:36 - Market Wire}
 

WASHINGTON--([ BUSINESS WIRE ])--[ Northern Trust ] (NASDAQ: NTRS), a leading global provider of financial services for affluent individuals, families and institutions, announced today that it has opened an office in Washington, D.C. At the new location, Northern Trust will be able to work more closely with clients in the area and provide a full spectrum of services, including financial planning, private banking, trust and estate planning and investment management. The office will also serve institutional clients such as large corporations, foundations and endowments.

"Washington, D.C., represents an ideal business opportunity for Northern Trust and allows us to be closer to our substantial and growing client base in the area"

aWashington, D.C., represents an ideal business opportunity for Northern Trust and allows us to be closer to our substantial and growing client base in the area,a Personal Financial Services President Jana Schreuder said. "We're eager to build upon our relationships in and around the nationa™s capital by offering clients the expertise, service and integrity that define our business model.a

Joanie Stringer will serve as Managing Director of the new office, where she will lead a staff of approximately 20 people. Her focus will be on managing the expansion of Northern Trusta™s integrated wealth management business in Washington, D.C., leading a team of skilled professionals and sourcing new business relationships.

aThis move underscores our commitment to the Washington, D.C., community, where we will offer clients our full range of customized banking, investment and wealth transfer solutions,a Stringer said. aWe look forward to working locally with our clients as we help them protect, preserve and transfer their wealth amid broader economic uncertainty.a

The Washington, D.C., office is located at 800 Connecticut Ave. NW, Washington, D.C., 20006.

Northern Trusta™s Personal Financial Services provides integrated financial services for wealthy individuals, families and family offices, serving more than 20 percent of the Forbes 400 as clients. Northern Trust offers clients an objective, consultative approach to personal financial management, and helps clients grow, preserve and transfer wealth. Northern Trust has offices in 18 states a" and is in close proximity to more than 50 percent of U.S. millionaire households.

About Northern Trust

Northern Trust Corporation (NASDAQ: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2011, Northern Trust had assets under custody of US$4.4 trillion, and assets under investment management of US$684.1 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit [ www.northerntrust.com ].