CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS), a leading provider of financial services for individuals, families and institutions, announced today the appointment of Katherine Ellis Nixon as Chief Investment Officer for Personal Financial Services.
As Chief Investment Officer, Nixon will guide the management of more than $163 billion in assets and oversee portfolio managers at Northern Trust’s Personal Financial Services offices across 18 states. She is also responsible for guiding the strategic direction of the firm’s private client investment business and the continued evolution of Northern Trust’s investment platform and offerings.
Nixon serves as a voting member of Northern Trust’s committees for Investment Policy, Tactical Asset Allocation and Investment Advisory.
"Katie’s broad experience and successful track record make her uniquely qualified to lead our investment practice,” said Northern Trust President of Personal Financial Services, Jana Schreuder. “Her outstanding leadership capabilities and in-depth experience as an investment manager will be invaluable to the continued growth of our business."
Nixon joined Northern Trust in 2004 as a Senior Portfolio Manager and became Chief Investment Officer for the Northeast Region in 2005.
Prior to joining Northern Trust, Nixon worked at U.S. Trust for 18 years in several investment-related capacities, including managing director and division manager in the Wealth Management Division in New York. She also served on U.S. Trust's Portfolio Policy Committee and Private Equity Investment Committee.
Nixon has an undergraduate degree from Wellesley College and earned her MBA in finance from New York University where she was honored as a Stern Scholar. Nixon holds the Chartered Financial Analyst designation. She has also received the designations of Certified Investment Management Analyst and Certified Private Wealth Advisor from the Investment Management Consultants Association.
Northern Trust Personal Financial Services is a premier wealth management firm that works with high net-worth individuals, families and family offices, including 20 percent of the Forbes 400 wealthiest families. Northern Trust helps clients grow, preserve and transfer wealth, offering clients a consultative and goals-based approach to personal financial management.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2011, Northern Trust had assets under custody of US$4.2 trillion, and assets under investment management of US$644.2 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com.
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