# Northern Trust

> Northern Trust is a Chicago-based financial services company that safeguards, administers and manages assets for institutions, affluent families and individuals. Its business combines global custody and fund administration, investment management, private banking, trust and estate work, capital-markets services and portfolio data technology. As of June 30, 2026, it reported $20.0 trillion in assets under custody or administration and $2.0 trillion under management, making it a large piece of financial infrastructure that remains mostly invisible outside professional investing and private wealth circles.

- **Founded:** 1889
- **Headquarters:** Chicago, United States
- **Founders:** Byron Laflin Smith (Founder)
- **Team size:** Approximately 23,800 employees at December 31, 2025
- **Products:** Asset Servicing, Front Office Solutions, Wealth Management, Northern Trust Asset Management, Integrated Trading Solutions
- **Notable:** Reached $20.0 trillion in assets under custody or administration and $2.0 trillion in assets under management at June 30, 2026., Named one of Fortune's World's Most Admired Companies in 2026 for the 20th consecutive year., Named Custodian of the Year at the 2026 European Pensions Awards.

## Products & services

- **Asset Servicing** — Global custody, fund administration, investment operations outsourcing, securities lending, foreign exchange, treasury, banking, brokerage, transition management and risk analytics for institutional investors and investment managers.
- **Front Office Solutions** — A cloud-based data, analytics and service platform for complex multi-asset portfolios, especially institutions with large allocations to private and alternative assets; it supports more than $1 trillion in client assets.
- **Wealth Management** — Investment advice, private banking, trust and estate administration, wealth planning, family-office services, philanthropy and business-owner advice for affluent and ultra-high-net-worth clients.
- **Northern Trust Asset Management** — Active and passive equity, fixed income, cash, multi-asset, alternatives, factor-based and tax-aware investment strategies for institutions, intermediaries and private clients.
- **Integrated Trading Solutions** — Outsourced trade execution and operational support across asset classes, designed to lower the fixed cost and complexity of running an internal trading desk.
- **Fund and Alternative Asset Administration** — Accounting, transfer agency, depositary, investor servicing, regulatory reporting and partnership accounting for registered, private and alternative funds.
- **Banking and Capital Markets** — Deposits, lending, cash and liquidity management, foreign exchange, securities finance and related banking services for wealth and institutional clients.

## Achievements

- Reached $20.0 trillion in assets under custody or administration and $2.0 trillion in assets under management at June 30, 2026.
- Named one of Fortune's World's Most Admired Companies in 2026 for the 20th consecutive year.
- Named Custodian of the Year at the 2026 European Pensions Awards.
- Named to The Civic 50 list of America's most community-minded companies in 2026.
- Won Best Private Bank in the U.S. in 14 of the 17 years through 2025 in Financial Times Group awards.
- Front Office Solutions surpassed $1 trillion in assets supported globally by the end of 2025.
- Maintained continuous operations since opening in Chicago on August 12, 1889.

## Latest updates

- **2026-07** — Reported second-quarter net income of $792.2 million; assets under custody or administration reached $20.0 trillion and assets under management reached $2.0 trillion.
- **2026-07** — Launched Invested as One, granting eligible global employees up to 10 shares of Northern Trust stock that vest in December 2026.
- **2026-07** — Appointed by Invesco to administer and custody a new Irish-domiciled range of index-tracking mutual funds for European distribution.
- **2026-06** — Received approval to establish a new EU banking branch in Dublin for custodial, banking and capital-markets services.
- **2026-06** — Appointed to provide administration, depositary and banking services for TirNua Capital Partners' €340 million inaugural infrastructure fund.
- **2026-06** — Announced a 2.5% stress capital buffer and an intended 10% increase in its quarterly common-stock dividend.
- **2026-06** — Northern Trust Asset Management announced two actively managed UCITS Adaptive Equity funds covering world and emerging markets.

## Links

- Website: https://www.northerntrust.com/
- LinkedIn: https://www.linkedin.com/company/northern-trust
- Twitter/X: https://twitter.com/NorthernTrust
- YouTube: https://www.youtube.com/user/NorthernTrustVideos
- Instagram: https://www.instagram.com/northerntrustcompany/
- Facebook: https://www.facebook.com/ntcareers

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Profile page: https://yespress.io/northern-trust
Published by YesPress — https://yespress.io
Last updated: 2026-08-11