Northern Trust, a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide, today announced that Private Banking International magazine has selected it as the winner of the Outstanding Private Bank-The Americas Award 2005.
The annual awards are organized by Private Banking International, the wealth journal of UK-based VRL Publishing Group, to recognize achievements of institutions that specialize in wealth management. Northern Trust was especially recognized for its trusted advisor business model in which advisors specializing in trust, private banking, investments and client service work in teams to provide comprehensive financial solutions for clients. The award was presented to Northern Trust November 21 in Singapore at the “Global Private Banking Awards” ceremony during the 15th annual Private Banking International Wealth Conference.
“We are delighted that Private Banker International has recognized Northern Trust as an outstanding provider of wealth management services to affluent individuals and families,” said Steve Bell, head of Northern’s Wealth Management Group. “This award serves as a validation of the efforts made on behalf of clients by Northern Trust professionals throughout our organization.”
Finalists for the awards were nominated by readers of Private Banking International with winners selected by a board of industry experts. The criteria for the awards included: institutions which are clearly confirmed to have the best strategy for growing their business base, regionally and globally; those which have made the greatest investment in people and systems to develop their business; companies which have fostered innovation in products/services and customer relationship management skills; and institutions which have strengthened and extended the stretch of their brands.
Northern Trust Corporation (Nasdaq: NTRS) services corporations, institutions and affluent individuals worldwide. The multibank holding company has a growing network of 84 offices in 18 U.S. states and has international offices in 11 countries. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining high-touch service and expertise with innovative products and technology. For more information, visit www.northerntrust.com.
The annual awards are organized by Private Banking International, the wealth journal of UK-based VRL Publishing Group, to recognize achievements of institutions that specialize in wealth management. Northern Trust was especially recognized for its trusted advisor business model in which advisors specializing in trust, private banking, investments and client service work in teams to provide comprehensive financial solutions for clients. The award was presented to Northern Trust November 21 in Singapore at the “Global Private Banking Awards” ceremony during the 15th annual Private Banking International Wealth Conference.
“We are delighted that Private Banker International has recognized Northern Trust as an outstanding provider of wealth management services to affluent individuals and families,” said Steve Bell, head of Northern’s Wealth Management Group. “This award serves as a validation of the efforts made on behalf of clients by Northern Trust professionals throughout our organization.”
Finalists for the awards were nominated by readers of Private Banking International with winners selected by a board of industry experts. The criteria for the awards included: institutions which are clearly confirmed to have the best strategy for growing their business base, regionally and globally; those which have made the greatest investment in people and systems to develop their business; companies which have fostered innovation in products/services and customer relationship management skills; and institutions which have strengthened and extended the stretch of their brands.
Northern Trust Corporation (Nasdaq: NTRS) services corporations, institutions and affluent individuals worldwide. The multibank holding company has a growing network of 84 offices in 18 U.S. states and has international offices in 11 countries. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining high-touch service and expertise with innovative products and technology. For more information, visit www.northerntrust.com.