Northern Trust Asset Management Expands Wealth Management Team
Northern Trust Asset Management (NTAM), a prominent global investment management firm, is taking a strategic step forward in its operations. With a robust $1.2 trillion in assets under management as of mid-2024, the firm recently announced two essential hires dedicated to enhancing Northern Trust Wealth Management services. The addition of industry experts Michael Gottesman and Wesley Urick marks an important evolution in its sales and distribution efforts.
New Appointments in Wealth Management
Michael Gottesman has joined NTAM as the National Sales Manager for Wealth Management. He is known for successfully leading sales strategies and client service initiatives that provide an exceptional investment experience. In tandem, Wesley Urick has come on board as the Head of Strategic Accounts for Wealth Management, where his role will involve deepening the strategic alliance between NTAM and Northern Trust Wealth Management's Investment Practice.
Enhancing Client Experience and Services
The focus of these appointments is clear: to improve the overall client experience by offering innovative and targeted solutions that cater to the unique financial aspirations of each investor. Gottesman's extensive experience in sales leadership, previously at Invesco and Oppenheimer Funds, sets the stage for a fresh approach to client service. Meanwhile, Urick’s expertise from his tenure at Principal Asset Management and BlackRock enriches the team with a wealth of knowledge and insight.
The Expertise Behind Growth
Gottesman, with a remarkable 27-year background in the industry, has a proven track record in building extensive relationships with intermediary clients. His academic credentials include an MBA from the University of Michigan Ross School of Business, equipping him with the management skills necessary to lead NTAM’s initiatives.
On the other hand, Urick brings over three decades of investment management experience that positions him perfectly to understand and meet the evolving needs of strategic accounts. His impressive career includes vital roles at industry leaders, combined with an MBA from the University of Chicago Booth School of Business.
Core Values Driving Northern Trust
Northern Trust Asset Management remains committed to its core principles of integrity, respect, and transparency. The firm believes that successful investing transcends mere numbers and that understanding the holistic financial landscape is essential for genuine success. This philosophy drives NTAM to provide clients with innovative and efficient solutions tailored to help achieve their ambitions.
About Northern Trust Asset Management
Northern Trust Asset Management serves as a global investment manager adept at helping clients navigate through changing market environments. With a focus on comprehensive risk management and robust portfolio construction, NTAM strives to deliver the best outcomes for its clients.
The Northern Trust family, encompassing various entities across multiple regions, continues to work collaboratively to maintain its esteemed reputation. This is reflected in its substantial assets under management, which underscores the trust placed in Northern Trust by investors worldwide.
About Northern Trust Corporation
Founded in 1889, Northern Trust Corporation (Nasdaq: NTRS) stands as a pillar in wealth management and asset servicing. The organization's expertise spans over 130 years, offering exceptional services to corporations, institutions, and individuals globally.
Today, Northern Trust operates in 24 U.S. states and 22 international locations, with assets under custody amounting to an impressive US$16.6 trillion and an additional US$1.5 trillion in assets under management. This extensive footprint emphasizes NTAM's dedication to serving diverse client needs with unparalleled financial insight and innovative solutions.
Frequently Asked Questions
What new positions were announced at Northern Trust Asset Management?
Northern Trust Asset Management announced the appointments of Michael Gottesman as National Sales Manager and Wesley Urick as Head of Strategic Accounts for Wealth Management.
What are the responsibilities of the new hires at NTAM?
Gottesman will lead sales and client service strategies, while Urick will focus on strengthening strategic relationships and enhancing product offerings.
What is the significance of these strategic hires?
The new hires are part of NTAM's commitment to enhancing client experience and delivering tailored investment solutions.
How much in assets does Northern Trust Asset Management manage?
As of mid-2024, Northern Trust Asset Management manages approximately $1.2 trillion in assets.
What is the overall mission of Northern Trust Corporation?
Northern Trust Corporation aims to provide exceptional services in wealth management, asset servicing, and banking, emphasizing integrity, respect, and transparency in all client interactions.
