Northern Trust Wealth Management is expanding its family office suite of services by launching Family Office Solutions, a new offering designed to provide ultra-high-net-worth families with customized financial and wealth management services without requiring a standalone office.
Family Office Solutions will reside within Northern Trust’s Global Family and Private Investment Offices (GFO) practice, to allow wealthy families to seamlessly coordinate their financial lives while having access to institutional-grade investment and family office services.
“We are seeing a growing number of ultra-high-net-worth families who may not want a single-family office, but whose needs very much align with what a family office can deliver,” said Jason Tyler, president of Northern Trust Wealth Management. “Our Family Office Solutions group will serve these clients with bespoke solutions that blend institutional-caliber investment capabilities with the personalized service and s