{"id":397509,"date":"2020-12-10T10:03:12","date_gmt":"2020-12-10T15:03:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397509"},"modified":"2020-12-10T10:03:12","modified_gmt":"2020-12-10T15:03:12","slug":"northern-trust-renews-partnership-with-wharton-global-family-alliance","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-renews-partnership-with-wharton-global-family-alliance\/","title":{"rendered":"Northern Trust Renews Partnership with Wharton Global Family Alliance"},"content":{"rendered":"

<\/p>\n

Northern Trust Renews Partnership with Wharton Global Family Alliance<\/b><\/p>\n

Three-year extension to include collaborative research on multi-generational families and their businesses<\/i><\/p>\n

CHICAGO–(BUSINESS WIRE<\/a>)–
\nNorthern Trust, a leading provider of wealth management services, announced today a renewed three-year collaboration between its Global Family and Private Investment Offices Group<\/a> and the Wharton Global Family Alliance (Wharton GFA)<\/a>, a world-leading research forum created by the Wharton School and the CCC Alliance.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201210005158\/en\/<\/a><\/p>\n

\nThe Wharton GFA helps global multigenerational families and their businesses address their complex needs through thought leadership, knowledge transfer, and sharing of ideas and best practices. The Wharton GFA focuses its rigorous empirical and field research on key issues affecting global families and their businesses, including family business management and governance, wealth management, and philanthropy.\n<\/p>\n

\n\u201cWe are delighted to continue this mutually beneficial working relationship with the Wharton GFA, which supports ongoing research, scholarship, publications, and other initiatives,\u201d said Steven Fradkin, President of Northern Trust Wealth Management. \u201cOur 130-plus years of holistic wealth management experience serving family offices, family foundations, high-net-worth individuals, and private trust and investment companies in more than 25 countries is a natural complement to Wharton GFA\u2019s continued research and knowledge-sharing with substantial global families.\u201d\n<\/p>\n

\nSince 2017, Northern Trust and Wharton have collaborated in research programs covering multi-generational, multi-branch families and their businesses. Under the renewed partnership, both Wharton and Northern Trust remain focused on sharing family office best practices and engaging in further study on key family office themes, issues, and trends.\n<\/p>\n

\n\u201cWe are proud to remain aligned with the leading institution for the creation and dissemination of knowledge and practices of multi-generational families and their businesses,\u201d said David W. Fox Jr., President of Northern Trust\u2019s Global Family and Private Investment Office Services. \u201cFamily firms have the means and potential to make a crucial impact on the worldwide economy. Northern Trust\u2019s insight into the wealth management, wealth transfer, banking, philanthropy, and governance needs of ultra-high net worth families and the family offices serving them will continue to supplement valuable research and interactive initiatives provided by the Wharton GFA.\u201d\n<\/p>\n

\n\u201cThe collaboration between Northern Trust and the Wharton Global Family Alliance propels the research, practices, and thought leadership around the family businesses that are so essential to our global economy,\u201d said Wharton Dean Erika James. \u201cWe are tremendously grateful for the generosity of Northern Trust to expand upon this partnership and advance this crucial work.\u201d\n<\/p>\n

\n\u201cI am delighted by the continuation of the partnership with Northern Trust. Our collaboration enables both of our organizations to address in a holistic and effective way key issues in wealth management that substantial multi-generational families around the world are faced with,\u201d said Professor Raphael (“Raffi”) Amit<\/a>, who co-founded and heads the Wharton GFA.\n<\/p>\n

Northern Trust Wealth Management<\/b> 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 and ranks among the top 10 U.S. wealth managers, with $318.5 billion in assets under management as of September 30, 2020. The Northern Trust Company is an Equal Housing Lender. Member FDIC.\n<\/p>\n

About Northern Trust<\/b><\/p>\n

\nNorthern 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 22 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East, and the Asia-Pacific region. As of September 30, 2020, Northern Trust had assets under custody\/administration of US $13.1 trillion, and assets under management of US $1.3 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity, and innovation. Please visit our website<\/a> or follow us on Twitter<\/a>.\n<\/p>\n

\nNorthern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information<\/a>.\n<\/p>\n

About Wharton<\/b><\/p>\n

\nFounded in 1881 as the world\u2019s first collegiate business school, the Wharton School<\/a> of the University of Pennsylvania is shaping the future of business by incubating ideas, driving insights, and creating leaders who change the world. With a faculty of more than 235 renowned professors, Wharton has 5,000 undergraduate<\/a>, MBA<\/a>, executive MBA<\/a>, and doctoral<\/a> students. Each year 13,000 professionals from around the world advance their careers through Wharton Executive Education\u2019s<\/a> individual, company-customized, and online programs. More than 99,000 Wharton alumni form a powerful global network of leaders who transform business every day. For more information, visit www.wharton.upenn.edu<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201210005158\/en\/<\/a><\/span><\/p>\n

Media Contact:
\n<\/i>
Alaina Kleinman
\n
(312) 444-4065
\n
AK503@ntrs.com
\n<\/a>
http:\/\/www.northerntrust.com<\/a><\/p>\n

KEYWORDS:<\/b> Illinois United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Other Professional Services Professional Services Finance<\/p>\n

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Northern Trust Renews Partnership with Wharton Global Family Alliance Three-year extension to include collaborative research on multi-generational families and their businesses CHICAGO–(BUSINESS WIRE)– Northern Trust, a leading provider of wealth management services, announced today a renewed three-year collaboration between its Global Family and Private Investment Offices Group and the Wharton Global Family Alliance (Wharton GFA), a world-leading research forum created by the Wharton School and the CCC Alliance. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201210005158\/en\/ The Wharton GFA helps global multigenerational families and their businesses address their complex needs through thought leadership, knowledge transfer, and sharing of ideas and best practices. The Wharton GFA focuses its rigorous empirical and field research on key issues affecting global … <\/p>\n

Continue reading “Northern Trust Renews Partnership with Wharton Global Family Alliance”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397509","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNorthern Trust Renews Partnership with Wharton Global Family Alliance - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/northern-trust-renews-partnership-with-wharton-global-family-alliance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Northern Trust Renews Partnership with Wharton Global Family Alliance - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Northern Trust Renews Partnership with Wharton Global Family Alliance Three-year extension to include collaborative research on multi-generational families and their businesses CHICAGO–(BUSINESS WIRE)– Northern Trust, a leading provider of wealth management services, announced today a renewed three-year collaboration between its Global Family and Private Investment Offices Group and the Wharton Global Family Alliance (Wharton GFA), a world-leading research forum created by the Wharton School and the CCC Alliance. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201210005158\/en\/ The Wharton GFA helps global multigenerational families and their businesses address their complex needs through thought leadership, knowledge transfer, and sharing of ideas and best practices. 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