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Northern Trust Named Best Private Bank in U.S. for Digital Wealth Planning, Digital Customer Experience

1. Northern Trust won two Wealth Tech Awards for digital wealth planning excellence. 2. The firm has enhanced its Goals Powered Solutions for better client outcomes. 3. NTRS recognized for digital customer experience tailored for family offices. 4. The bank continues investing heavily in technology to improve financial solutions. 5. Third consecutive year winning 'Best Private Bank in the U.S.' awards.

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FAQ

Why Bullish?

Northern Trust's innovation and awards enhance reputation and attract affluent clientele, historically boosting stock performance post-recognition.

How important is it?

The recognition significantly boosts brand visibility and attractiveness to investors and clients, influencing future growth.

Why Long Term?

Sustained technological investment and accolades can solidify market position and drive revenue growth over time, as seen with firms like Schwab after similar recognitions.

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CHICAGO--(BUSINESS WIRE)-- Northern Trust, a leading provider of wealth management services, has taken top honors in two categories from the Financial Times and PWM’s Wealth Tech Awards:

“From our experience supporting sophisticated clients globally, we don’t just deliver technology – we provide digital tools that work where they matter most,” Northern Trust Wealth Management Chief Operating Officer Henry Johnson said.

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  • “Best Private Bank in the U.S. for Digital Wealth Planning”
  • “Best Private Bank in the U.S. for Digital Customer Experience”

The Wealth Tech Awards recognize and celebrate technology innovation in the wealth management industry. Judged by a panel of experts, the awards highlight companies and products that use technology to enhance client experiences, streamline operations and improve investment outcomes.

“Our industry-leading technology, which is backed by the resources and expertise of a longstanding, global financial institution, continues to deliver sharper insights, faster decisions and personalized experiences for our clients,” Northern Trust Wealth Management President Jason Tyler said. “These honors celebrate the strategic efforts of our talented team of technologists and innovators over the years.”

This is the third consecutive year that Northern Trust has won “Best Private Bank in the U.S. for Digital Wealth Planning.” In 2024, Northern Trust transformed the Goals Powered Solutions platform that underpins its pioneering Goals Driven Wealth Management approach. Northern Trust dramatically increased its speed to market and rollout of new features, resulting in better financial outcomes for clients and higher satisfaction.

In the category of “Best Private Bank in the U.S. for Digital Customer Experience,” Northern Trust was recognized for its proprietary technology designed for family offices. The platform enables Northern Trust’s wealthiest of private clients to seamlessly transact, analyze and monitor investment performance in real time to make informed business and portfolio decisions. Notably, Northern Trust’s enhanced money movement solution processes payments and integrates into the daily operations of family offices.

“From our experience supporting sophisticated clients globally, we don’t just deliver technology – we provide digital tools that work where they matter most,” Northern Trust Wealth Management Chief Operating Officer Henry Johnson said. “We continue to invest heavily in technology to provide smarter and more secure financial solutions for the most affluent individuals and families in the world.”

Northern Trust accepted the awards at a ceremony in London on May 8.

Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses. It is recognized for its innovative technology, service excellence and depth of expertise, with $446.9 billion in assets under management as of March 31, 2025. The Northern Trust Company is an Equal Housing Lender. Member FDIC.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2025, Northern Trust had assets under custody/administration of US$16.9 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.

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