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)

20.9K

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 the following 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
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Executives & Employees

Chief Executive Officer

Executive Vice President & Chief Financial Officer

Executive Vice President, Chief Investment Officer

Executive Vice President, Corporate Secretary & General Counsel

Chief Executive Officer, Saudi Arabia

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

Chief Fiduciary Officer

President, Europe, Middle East & Africa

Managing Director & President, Broward County

President, Palm Beach Treasurer Coast

Board of Directors

Chairman & Founder at Susan Crown Exchange, Inc.

Former Chairman & Chief Executive Officer at CDW Government LLC

President & Chief Executive Officer at Northwestern Memorial HealthCare

President, Chief Executive & Operating Officer at Telemat Limited LLC

Founder at Cleveland Avenue LLC

Secretary at Commercial Club Foundation

Chair at Landmark School, Inc.

Industry Advisor at Madison Dearborn Partners LLC

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

Executive Advisor Partner at Wind Point Partners

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Owners & Shareholders
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Barrow, Hanley, Mewhinney & Strauss has a strict definition of value. Our equity portfolios exhibit below-market price-to-earnings ratios, below-market price-to-book ratios, and above-market dividend yields, regardless of market conditions. As a result, each of our clients is assured that we will do our part to maintain the style integrity of their overall portfolio. In fixed income, we define value as temporarily mispriced securities with yield-to-maturity advantages over Treasury bonds of comparable maturity. We identify each opportunity from the bottom up, building a duration-neutral portfolio designed to "out-yield" the market. In this way, Barrow Hanley seeks to achieve higher total returns for our fixed income clients with below-benchmark volatility. Mutual Fund Sub-Advisory Services Stability of investment team, strict adherence to style and uniformity of process are hallmarks of Barrow Hanley. Through an investment in a Barrow Hanley sub-advised mutual fund, individual investors are able to access the research-driven, bottom-up approach to active security selection that is utilized by major pension plans, foundations and endowments, and other institutional investors worldwide. Barrow Hanley currently serves as a sub-advisor to more than 30 equity and fixed income mutual funds. In addition to sub-advising an array of nationally-recognized mutual funds in the U.S., we sub-advise a number of internationally-based funds.

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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

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Fiduciary Management, Inc. (“FMI”), founded in 1980, is an employee owned independent money management firm based in Milwaukee, Wisconsin. FMI’s equity investing strategies apply a value discipline, with a focused approach firmly rooted in fundamental research. As of 12/31/2012, FMI manages over $15.5 billion in assets for domestic and international institutions, individual investors, and Registered Investment Advisors through separately managed accounts and the FMI Family of Funds.

Recent Transactions
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Northern Trust Corporation purchases Northern Trust Securities LLP

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purchases Energizer Holdings, Inc. from Edgewell Personal Care Company

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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 USD Units Consisting of Common Stock and Warrants

Insider Transactions
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Transaction Advisors
Accountant

Advised onNorthern Trust Corporation purchases Carl Domino Associates LP

Auditor

Advised onNorthern Trust Corporation issued USD Common Stock

Legal Advisor

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

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

Legal Advisor

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

Advisors & Consultants
Advisor

President, Europe, Middle East & Africa at Northern Trust Corporation

Legal Advisor

Partner at Mayer Brown LLP

Legal Advisor

Former Partner at Shearman & Sterling LLP

Clients

Broadridge Financial Solutions, Inc. engages in the provision of investor communications and technology solutions to banks, broker-dealers, mutual funds, and corporate issuers. It operates through the following segments: Investor Communication Solutions; and Global Technology and Operations. The Investor Communication Solutions segment offers services for broker-dealer investor communication, customer communication, corporate issuer, advisor solutions, and mutual fund and retirement solutions. The Global Technology and Operations segment includes middle and back-office securities processing solutions, automation services, and business process outsourcing services. The company was founded in 1962 and is headquartered in Lake Success, NY.

Jarislowsky, Fraser Limited is registered with the SEC as an investment adviser in the US under the Investment Advisers Act of 1940. The firm manages pension funds, endowment funds, corporate and private portfolios for clients in North America and overseas.

The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to poor countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group. The World Bank Group consists of the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC), the International Development Association (IDA), the International Centre for Settlement of Investment Disputes (ICSID), and the Multilateral Investment Guarantee Agency (MIGA).

Key Stats and Financials As of 2020
Market Capitalization
$23.4B
Total Enterprise Value
$-29.9B
Earnings Per Share
$5.46
Revenue
$6.31B
Total Equity
$11.7B
Net Profit
$1.2B
TEVNet Income
-25.01x
Debt TEV
-0.32x
Total Debt
$9.6B
Enterprise Value / Sales
-4.74x
Three Year Compounded Annual Growth Rate Of Revenue
3.34%
Non-Profit Donations & Grants
$1,000 - $4,999
2020
$10K - $25K
2019
$40K - $100K
2019
Political Donations
$1,500
2012
$2,000
2012
Investments
Details Hidden

R3 HoldCo LLC 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.

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Docker, Inc. engages in the operation and development of a container management platform. It provides developers, architects, development operations, and information technology clients solutions for building, sharing and running modern applications. It offers Docker Enterprise and Docker Hub. The firm serves the government, higher education, financial services, insurance, and healthcare and pharmaceutical industry. The company was founded by Solomon Hykes, Benjamin Golub, and Pahl Sebastien in 2008 and is headquartered in San Francisco, CA.

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Inmoji, Inc. operates as a mobile consumer engagement platform. It connects consumers with their favorite brands through peer-to-peer application and by integrating branded content into messaging conversations. The company was founded by Michael Africk and Perry Tell in May 2014 and is headquartered in Boston, MA.

Investors
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Life Peer at United Kingdom House of Lords

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Life Peer at United Kingdom House of Lords

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Life Peer at United Kingdom House of Lords

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

Financial Engines, Inc. engages in the provision of technology-enabled financial advisory services. It also offers discretionary portfolio management, personalized investment advice, financial and retirement income planning, and financial education and guidance. The company was founded by William F. Sharpe, Joseph A. Grundfest, and Craig W. Johnson in 1996 and is headquartered in Sunnyvale, CA.

Eckoh Plc Cable, Satellite, and Radio Telecommunications | Hemel Hempstead, United Kingdom

Eckoh Plc provides secure payment products and customer contact solutions for customer contact centers in the United Kingdom, the United States, and internationally. It offers customer engagement solutions, such as chatbots, hosted and visual interactive voice response, natural language speech recognition, and identification and verification; and Web chat, instant callback, social media agent, co-browsing, smart SMS, and external knowledge base. The firm also provides payment card industry (PCI) compliance solutions, such as agent assisted payment solutions to eliminate contact center fraud; IVR payments that enable customers to make multi-channel payments through a secure and automated solution; and Web and mobile payments. In addition, it offers operational solutions, which include third party support; call routing, email management, internal knowledge base, social media monitoring, workflow, and listening solutions; and agent desktop solutions. Further, the company offers speech and support solutions; and cloud-based software solutions. It serves clients in insurance, retail and distribution, financial services, transport and travel, healthcare, and utilities industries. The company was founded by Nicholas Barnaby Philpot in 1993 and is headquartered in Hemel Hempstead, the United Kingdom.

Confluence Computer Software | Pittsburgh, Pennsylvania

Confluence Technologies, Inc. provides investment data management automation solutions. Its services include implementation, training, consulting, custom development, business support, technical support, performance reporting outsourcing service (PROS), price distribution and index reporting. The company was founded by Mark S. Evans in 1991 and is headquartered in Pittsburgh, PA.

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