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STREET MOVES: Northern Trust Names Connecticut Wealth Chief
By Thomas Coyle Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Northern Trust Corp. (NTRS) has put Joanne Stringer in charge of its Personal Financial Services business in Connecticut. The appointment makes her responsible for the delivery of investment management, financial planning, fiduciary and banking services to high-net-worth individuals and privately held businesses in the state.
Stamford, Conn.-based Stringer returns to the U.S. after a two-year stint in London as head of sales for Northern Trust's Corporate and Institutional Services in Scandinavia and Finland. She has been with Northern Trust since 1998.
Northern Trust's Personal Financial Services business, which includes the trust company's ultra-high-end Wealth Management Group, had $288 billion in assets in custody and $132 billion under management at the end of 2008 for a record-year take of $909 million in fees. The unit has 85 offices in the U.S. and offices in London and Guernsey in the Channel Islands. It's been on the ground in Connecticut since 2004.
Firm-wide, Chicago-based Northern Trust had $3.6 trillion in assets in custody and managed $611 billion at the end of September.
-By Tom Coyle, Dow Jones Newswires; 718-545-8628
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=VIofgaKvteUwiqc4ESSVHw%3D%3D. You can use this link on the day this article is published and the following day.

Publié le 28 octobre 2009 Copyright © 2009 Dowjones

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