Northern Trust Corporation

Northern Trust Corporation

Northern Trust Corporation

Overview
Date Founded

1889

Headquarters

50 South La Salle Street,Chicago, IL 60603

Type of Company

Public

Employees (Worldwide)

18.1K

Industries

Investment Services & Portfolio Management
Retail & Commercial Banking
Holding Companies
Consumer Finance
Accounting & Financial Services
Investment Banking & Brokerage

Company Description

Northern Trust Corp. is a financial holding company, which engages in the provision of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals. It operates through two segments: Corporate & Institutional Services and Wealth Management. The Corporate & Institutional Services Segment offers asset servicing, brokerage, banking and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, and sovereign wealth funds. The Wealth Management Segment includes trust, investment management, custody, and philanthropic services, financial consulting; guardianship and estate administration, family business consulting; family financial education, brokerage services and private and business banking. Northern Trust was founded in 1971 and is headquartered in Chicago, IL.

Contact Data
Trying to get in touch with decision makers at Northern Trust Corporation? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chief Executive Officer

Executive Vice President & Chief Financial Officer

Chief Investment Officer

Executive Vice President, General Counsel & Corporate Secretary

Secretary, Executive Vice President & Deputy General Counsel

Chief Executive Officer, Saudi Arabia

Chief Executive Officer for Europe, Middle East, Africa & Asia-Pacific

Executive Vice President & Chief Risk Officer

Executive Vice President & Chief Human Resources Officer

President, Palm Beach Treasurer Coast

Board of Directors

Former Chief Executive Officer at Northern Trust Corporation

Chief Executive Officer at Northern Trust Corporation

Chairman & Chief Executive Officer at CDW Corporation

Chairman & Founder at Susan Crown Exchange, Inc.

President & Chief Executive Officer at Telemat Ltd.

Chief Executive Officer, Founder at Cleveland Avenue LLC

Treasurer at Civic Consulting Alliance

Former Chairman, Chief Executive Officer & President at Exelon Corporation

Co-Lead of the Chief Executive Officer & Board Services Practice, Americas at Russell Reynolds Associates, Inc.

Former Vice Chairman & Chief Executive Officer at Molex LLC

Paths to Northern Trust Corporation
Potential Connections via
Relationship Science
You
Northern Trust Corporation
Owners & Shareholders
Details Hidden

State Farm® has been in the mutual funds business since 1968, managing funds then only available to employees and Agents. In 2001, State Farm Mutual Funds products and services became available to the public for the first time. Our main objective is to make each of our 15 State Farm Mutual Funds® a highly competitive and rewarding long-term investment for our shareholders. To help achieve this objective, we use an investment management structure that capitalizes on the unique strengths, focused attention, and knowledge of seasoned investment professionals in State Farm’s internal investment department. Because we offer a wide variety of funds, some outside the core knowledge of our internal investment department, we also have seven other highly-respected asset management organizations working for you. Each of our investment advisors provides well-known, long-established experts in their respective investment strategies and has beliefs and investment philosophies that are consistent with our own. State Farm Mutual Funds shareholders can feel confident that their investments are being managed in a responsible, conservative, and cost-effective manner consistent with a long-term perspective

Details Hidden

Vulcan Value Partners (VVP) seeks to achieve long-term capital appreciation by investing primarily in publicly-traded companies that are believed to be both undervalued and possessing a sustainable competitive advantage. The firm uses fundamental bottom-up analysis to identify companies believed to have sustainable competitive advantages allowing them to produce free cash flow and earn superior cash returns on capital. Vulcan seeks to invest in businesses that are run by ethical, capable, shareholder-oriented management teams that also are good operators and understand the importance of capital allocation. Vulcan then focuses their analysis on the difference between the price of the company's securities and their estimate of the intrinsic value of the securities. An investment becomes more attractive as the difference between value over price expands and the margin of safety increases. Vulcan generally invests larger amounts of a client's assets in companies determined to have lower price-to-value ratios and reduce capital committed to companies determined to have higher price-to-value ratios.

Details Hidden

Burgundy Asset Management employs a value-focused global investment approach that seeks to preserve clients' capital while providing long-term superior investment returns. The firm offers investment strategies across many major asset classes, including but not limited to US large- and small/mid-cap, international, emerging markets and global equities. Burgundy employs a bottom-up investment approach, which focuses on strong business fundamentals and outstanding management teams and aims to reduce the inherent risk in investing. Their approach is designed to achieve lower volatility than the market averages. Burgundy looks for a margin of safety in the business and in the balance sheet of companies and generally requires a minimum 30% discount to intrinsic value at the time of purchase.

Recent Transactions
Details Hidden

Northern Trust Corporation purchases Northern Trust Securities LLP

Details Hidden

purchases Energizer Holdings, Inc. from Edgewell Personal Care Company

Details Hidden

Urban Partnership Bank purchases Northern Trust Corp. /Chicago South Side Branch from Northern Trust Corporation

Transaction Clients
Lender

Advised on purchases Energizer Holdings, Inc. from Edgewell Personal Care Company

Trust Bank

Advised on Echo Healthcare Acquisition Corp. issued Units

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Auditor

Advised onNorthern Trust Corporation issued Common Stock

Accountant

Advised onNorthern Trust Corporation purchases Carl Domino Associates LP

Legal Advisor

Advised onNorthern Trust Corporation purchases Index Tracking Fund Unit from Deutsche Bank AG

Legal Advisor

Advised on purchases Northern Trust Corporation

Investment Advisor

Advised onNorthern Trust Corporation purchases Northern Trust Securities Services (Ireland) Ltd. from Bank of Ireland

Legal Advisor

Advised onNorthern Trust Corporation purchases Northern Trust Securities Services (Ireland) Ltd. from Bank of Ireland

Advisors & Consultants
Legal Advisor

Partner at Mayer Brown LLP

Legal Advisor

Former Partner at Shearman & Sterling LLP

Advisor

Co-Founder at Grail Partners LLC

Clients

The Boeing Co. is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space and security systems. It operates through the following segments: Commercial Airplanes; Defense, Space and Security; Global Services; and Boeing Capital. The Commercial Airplanes segment includes the development, production, and market of commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. The Defense, Space and Security segment refers to the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike, including fighter and combat rotorcraft aircraft and missile systems; global mobility, including tanker, rotorcraft and tilt-rotor aircraft; and airborne surveillance and reconnaissance, including command and control, battle management and airborne anti-submarine aircraft. The Global Services segment provides services to commercial and defense customers. The Boeing Capital segment seeks to ensure that Boeing customers have the financing they need to buy and take delivery of their Boeing product and manages overall financing exposure. The company was founded by William Edward Boeing on July 15, 1916 and is headquartered in Chicago, IL.

FIS™ is the world's largest global provider dedicated to financial technology solutions. FIS empowers the financial world with software, services, consulting and outsourcing solutions focused on retail and institutional banking, payments, asset and wealth management, risk and compliance, trade enablement, transaction processing and record-keeping. FIS’ more than 52,000 worldwide employees are passionate about moving their clients’ business forward. Headquartered in Jacksonville, Florida, FIS serves more than 20,000 clients in over 130 countries, and their technology powers billions of transactions annually that move over $9 trillion around the globe. FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index.

Program for Appropriate Technology in Health provides social healthcare services. Its platform includes vaccines, drugs, diagnostics and devices. The firm offers treatment for malaria, pneumonia and diarrheal. The company was founded in 1977 and is headquartered in Seattle, WA.

Key Stats and Financials As of 2017
Market Capitalization
$21.7B
Total Enterprise Value
$-8.78B
Earnings Per Share
$4.92
Revenue
$5.72B
Total Debt
$12.4B
Total Equity
$10.2B
Net Profit
$1.18B
Enterprise Value Sales
-1.54x
TEVNet Income
-7.44x
Debt TEV
-1.41x
Three Year Compounded Annual Growth Rate Of Revenue
7.85%
Five Year Compounded Annual Growth Rate Of Revenue
7.28%
Non-Profit Donations & Grants
Political Donations
$1,500
2012
$2,000
2012
Investments
Details Hidden

R3 Ltd. operates as a financial technology firm. It also operates a consortium of financial institutions that have guided and contributed to the development of Corda, a distributed ledger platform. The company was founded by David Rutter and is headquartered in New York, NY.

Details Hidden

Docker, Inc. operates an open platform for developers and system administrators to build, ship, run and orchestrate distributed applications. It offers Docker Engine, a portable, lightweight runtime and packaging tool, and Docker Hub, a cloud service for sharing applications and automating workflows. The company was founded by Solomon Hykes in 2008 and is headquartered in San Francisco, CA.

Suppliers
Financial Engines, Inc. Accounting & Financial Services | Sunnyvale, CA

Financial Engines, Inc. engages in the provision of financial guidance. Its services include objective, fee-based advice, and asset management. The company was founded by William F. Sharpe, Joseph A. Grundfest and Craig W. Johnson in 1996 and is headquartered in Sunnyvale, CA.

Green REIT Plc Real Estate Investment Trusts | Dublin, DU

Plc Green REIT Plc is a property investment company, which engages in the acquisition and investments in real estate. It operates through the following segments: Office Assets, Retail Assets, Logistics Assets, and Mixed Use Assets. The company was founded by Pat Gunne and Stephen John Roland Vernon on June 24, 2013 and is headquartered in Dublin, Ireland.

Eckoh Plc Internet Software & Services | Hemel Hempstead, HD

Eckoh Plc engages in the provision of multi channel customer service and secure payment products and customer contact solutions. It also involves in deploying, managing, optimizing, migrating, and supporting contact centers. The firm operates through three segments: Eckoh UK, Eckoh US and K2C . The company was founded by Nicholas Barnaby Philpot in 1993 and is headquartered in Omaha, NE.

Awards & Honors
Rank #520
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine