Northern Trust Asset Management Names New Co-Head of Wealth Client Group
October 13 2023 - 9:00AM
Business Wire
Sunitha C. Thomas to Co-Lead Newly Formed Team
Dedicated to Wealth Management Clients
Northern Trust Asset Management (NTAM), a leading global
investment management firm with $1.1 trillion in assets under
management as of June 30, 2023, announced today that Sunitha C.
Thomas, CFA will join NTAM as co-head of the newly formed Wealth
Client Group.
In this newly created role, Thomas will provide dedicated
leadership to serving Northern Trust Wealth Management clients and
strengthening NTAM’s presence in the intermediary wealth management
industry. Thomas will report to Northern Trust Asset Management
President Daniel Gamba.
“Northern Trust is uniquely well-positioned within the wealth
management, family office and intermediary markets,” Gamba said.
“Northern Trust manages more than $350 billion for private wealth
clients across individual securities, SMAs, mutual funds and ETFs,
and Northern Trust has delivered value to these clients for more
than 130 years. We are excited to bring additional focus to private
wealth clients from an asset management perspective, including the
addition of Sunitha’s strong investment capabilities and deep
experience delivering innovative solutions to clients.”
Sunitha joined Northern Trust more than 20 years ago, spending
15 years in Wealth Management as a Regional Senior Investment
Officer in the Central Region, and National Portfolio Advisor, and
five years in NTAM as a fundamental equity researcher. Prior to
that, she spent six years in investment management roles at Putnam
Investments and Fidelity Investments. She has a bachelor’s degree
in economics from the University of Chicago and an MBA from the
Wharton School of the University of Pennsylvania.
She currently serves on the board of directors of the Harris
Theater.
About Northern Trust Asset Management
Northern Trust Asset Management is a global investment manager
that helps investors navigate changing market environments in
efforts to realize their long-term objectives. Entrusted with $1.1
trillion in assets under management as of June 30, 2023, we
understand that investing ultimately serves a greater purpose and
believe investors should be compensated for the risks they take —
in all market environments and any investment strategy. That’s why
we combine robust capital markets research, expert portfolio
construction and comprehensive risk management in an effort to
craft innovative and efficient solutions that seek to deliver
targeted investment outcomes. As engaged contributors to our
communities, we consider it a great privilege to serve our
investors and our communities with integrity, respect and
transparency.
Northern Trust Asset Management (NTAM) is composed of Northern
Trust Investments, Inc. (NTI), Northern Trust Global Investments
Limited (NTGIL), Northern Trust Fund Managers (Ireland) Limited
(NTFMIL), Northern Trust Global Investments Japan, K.K. (NTKK), NT
Global Advisors, Inc., 50 South Capital Advisors, LLC, Northern
Trust Asset Management Australia Pty Ltd, and investment personnel
of The Northern Trust Company of Hong Kong Limited (TNTCHK) and The
Northern Trust Company (TNTC).
About Northern Trust
Northern 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 25 U.S. states and Washington, D.C., and across 22
locations in Canada, Europe, the Middle East and the Asia-Pacific
region. As of June 30, 2023, Northern Trust had assets under
custody/administration of US$14.5 trillion, and assets under
management of US$1.4 trillion. For more than 130 years, Northern
Trust has earned distinction as an industry leader for exceptional
service, financial expertise, integrity and innovation. Visit us on
northerntrust.com. Follow us at Northern Trust Corporation on
LinkedIn.
Northern Trust Corporation, Head Office: 50 South La Salle
Street, Chicago, Illinois 60603 U.S.A., incorporated with limited
liability in the U.S. Global legal and regulatory information can
be found at https://www.northerntrust.com/terms-and-conditions.
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version on businesswire.com: https://www.businesswire.com/news/home/20231012415662/en/
Europe, Middle East, Africa & Asia-Pacific Contact: Camilla
Greene +44 (0) 207 982 2176 Camilla.Greene@ntrs.com US & Canada
Contact: Joanne Zalatoris +1 (312) 900-3462 jz79@ntrs.com
http://www.northerntrust.com
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