Northern Trust, a provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals, has appointed Brian Donovan senior managing director of a wealth-advisory team in Greater New York.
Based out of the Greenwich, Conn., office, Donovan will lead one of Northern Trust’s wealth-advisory teams in the Northeast Region to include partners in both New York and Connecticut. His team will focus on the delivery of holistic advice and outstanding client service, while seeking to accelerate the growth of the firm’s wealth-management business.
He also will lead the ultra-high-net-worth (UHNW) practice for the East Region. In this newly created role, Donovan will develop a market strategy and lead a team of professionals focused on the wealth management, fiduciary, advisory and planning needs of individuals and families in the UHNW segment.
Donovan was most recently regional managing director of the East Region in Northern Trust’s Global Family & Private Investment Offices (GFO) group, which provides asset servicing, technology, investment management, banking, fiduciary and family office advisory services to family offices globally. He was responsible for overseeing an integrated team of specialists that delivered banking, investment management and wealth transfer solutions within an asset-servicing framework to family offices and the families they serve.