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Northern Trust competitors & alternatives

0K91Asset ManagementChicago, United States

The 12 closest competitors and alternatives to Northern Trust among asset management companies — ranked by similarity to what Northern Trust actually does, not by market-cap band.

$34.2BMarket cap
23,800Employees
12Competitors listed

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About Northern Trust

Northern Trust Corporation, a leading financial holding company, provides an extensive range of services including wealth management, asset servicing, asset management, and banking solutions. Its global client base spans corporations, institutions, families, and individuals. The company is structured into two main operating segments. The Corporate & Institutional Services (C&IS) division offers a broad suite of asset-related and support functions, such as asset custody, fund administration, outsourced investment operations, investment management, investment risk analysis, employee benefits, securities lending, foreign exchange, treasury, brokerage, transition management, and banking with cash management. This segment primarily serves large organizational clients like corporate and public pension funds, charitable foundations, university endowments, fund managers, insurance firms, sovereign wealth funds, and other institutional investors. The Wealth Management division delivers specialized services to affluent clients, encompassing trust administration, investment management, asset safekeeping, philanthropic advice, financial planning, guardianship and estate management, family business consulting, and family financial education. It also provides tailored brokerage and private and business banking services. Its clientele includes high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. Beyond these core areas, Northern Trust also excels in asset management, offering a diverse array of investment strategies. These include actively and passively managed equity and fixed income portfolios, cash management, and alternative asset classes such as private equity and hedge funds of funds. These investment products and advisory services are made available through various vehicles, including separately managed accounts, collective investment funds (like bank common/collective funds, registered investment companies, and non-U.S. collective funds), exchange-traded funds (ETFs), and unregistered private investment funds. Furthermore, the company provides sophisticated overlay and other risk management services. Established in 1889, Northern Trust Corporation maintains its headquarters in Chicago, Illinois.

Northern Trust at a glance

Northern Trust is an asset management company headquartered in Chicago, United States. It is publicly listed (0K91) with a market capitalisation of $34.2B. Xcout tracks 24 named people at Northern Trust, including Michael G. O'Grady (Chairman, President & CEO). Xcout recorded 7 job postings from Northern Trust in the last 90 days.

Northern Trust leadership

  • Michael G. O'GradyChairman, President & CEO
  • Peter CherecwichExecutive Vice President & Chief Operating Officer
  • David W. Fox Jr.Executive Vice President & Chief Financial Officer
  • Thomas A. SouthExecutive Vice President & Chief Information Officer
  • Alexandria TaylorExecutive Vice President & Chief Administrative Officer
  • K. Kelly MannardChief Marketing & Communications Officer

18 more named people on record for Northern Trust, with roles, board committees and tenure — see the full roster →

Hiring at Northern Trust

Xcout recorded 7 job postings from Northern Trust in the last 90 days, from a hiring record Xcout has kept since June 2026.

The weekly hiring trend, the roles and locations behind it — see Northern Trust's hiring signals →

Recent Northern Trust news

5 corporate events on record, with sources — see the full timeline →

Top 12 Northern Trust competitors

Ranked by semantic similarity — how close each company is to Northern Trust by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.

SEI Investments CompanySEIC · Asset ManagementOaks, United States
65% matchPublicAI 30/100 ▼Green 3/100 ▲

Similar asset management company

SEI Investments Company is a publicly traded enterprise primarily focused on asset management. Leveraging its network of subsidiaries, SEI delivers a comprehensive suite of financial offerings. These encompass wealth, retirement, and investment solutions, alongside specialized asset management, asset administration, and outsourced investment processing services, in addition to general financial services and investment advisory expertise. Its extensive client roster serves a diverse array of financial entities, including private banks, independent financial advisors, investment managers, wealth management organizations, hedge fund managers, and broker-dealers. Additionally, it caters to corporations, institutional investors, various retirement schemes (both defined-benefit and defined-contribution), endowments, foundations, and non-profit organizations. Through its various entities, SEI actively manages customized client portfolios and also establishes and oversees a diverse range of mutual funds, covering equity, fixed income, and balanced strategies. Furthermore, the company directly engages in investments across public equity and fixed income markets. Its investment decisions are informed by a blend of fundamental and quantitative analytical techniques, integrating both top-down macroeconomic perspectives and bottom-up individual security analysis. Established in 1968, SEI maintains its headquarters in Oaks, Pennsylvania.

Market cap$12.6B
Employees5,013
PythonAzureAWSKubernetesAnsible
SEI Investments Company competitors & alternatives →
CITIC FAMC02799 · Asset ManagementChina
62% matchPublic

Similar asset management company

Operating through its various subsidiaries, China Huarong Asset Management Co., Ltd. delivers a comprehensive suite of financial asset management solutions. Its operations are structured across three primary divisions: Distressed Asset Management, Financial Services, and Asset Management and Investment. Core activities include the oversight, investment, and divestiture of debt-to-equity swap assets. Additionally, it engages in traditional banking functions by taking customer deposits and extending credit to both corporate entities and individual clients. Its extensive service portfolio further encompasses bankruptcy administration, diverse investment strategies, securities trading, project appraisal, and clearing and settlement. The company also specializes in financial leasing, securities and futures brokerage, fund and asset management, trust services, real estate and industrial development investments, and investment banking, among other offerings. For other financial institutions, it facilitates the issuance of financial bonds, inter-bank lending and borrowing, and commercial financing solutions. Furthermore, the company offers expert services in investment advisory, legal consultation, and risk management, alongside general financial consulting. Beyond these, its activities extend to asset securitization, custodian services for financial institutions, and the winding down and liquidation of enterprises. With a broad geographical footprint, it maintains 33 branch offices across 30 provinces, autonomous regions, and municipalities throughout Mainland China, as well as in Hong Kong and Macau. Established in 1999, its corporate headquarters are situated in Beijing, People's Republic of China.

Market cap$5.8B
Employees4,738
CITIC FAMC competitors & alternatives →
Trustmark CorporationTRMK · BankingJackson, United States
72% matchPublic

Banking

Trustmark Corporation, the parent entity of Trustmark National Bank, delivers a comprehensive suite of banking and financial services to both individual consumers and corporate clients across the United States. Its operations are strategically divided into three core divisions: General Banking, Wealth Management, and Insurance. Under its General Banking arm, Trustmark provides a variety of deposit products, including checking, savings, money market, certificates of deposit (CDs), and individual retirement accounts (IRAs). The company also extends credit solutions such as commercial and industrial financing, loans for income-generating and owner-occupied commercial properties, construction and land development funding, personal installment loans, real estate loans, and lines of credit, alongside treasury management services. Its mortgage banking segment encompasses construction financing, the origination of conventional and government-backed mortgages, along with secondary market activities and comprehensive mortgage servicing. Furthermore, Trustmark delivers extensive wealth management and trust services, including the administration of personal trusts and estates, managing investment portfolios for individuals, employee benefit schemes, and philanthropic organizations. It also offers corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan administration, and bespoke investment management. The insurance division caters to businesses with specialized products for sectors like healthcare, construction, manufacturing, hospitality, and real estate, in addition to group life and health plans. For individuals, it provides life, health, and personal lines insurance policies. As of December 31, 2021, Trustmark maintained a significant physical footprint, comprising 167 full-service and 13 limited-service branches, supplemented by 198 automated teller machines (ATMs) and 69 interactive teller machines (ITMs). Established in 1889, the company's headquarters are situated in Jackson, Mississippi.

Market cap$2.6B
Employees2,506
Trustmark Corporation competitors & alternatives →
GOLDMAN SACHS GRP INC.GOS · Investment BankingNew York City, United States
68% matchPublic

Investment Banking

The Goldman Sachs Group, Inc. stands as a premier global financial institution, delivering a comprehensive suite of services to a diverse clientele including corporations, financial entities, governments, and private individuals around the world. Its operations are strategically divided into four primary segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The Investment Banking division offers expert financial advisory, guiding clients through strategic assignments such as mergers, acquisitions, asset divestitures, corporate defense, restructurings, and spin-offs. This segment also provides various lending facilities, including for middle-market and acquisition financing, in addition to transaction banking services. Furthermore, it specializes in underwriting both equity offerings—like common and preferred stock or convertible securities—and a broad array of debt instruments, spanning investment-grade, high-yield, bank, bridge, and emerging-market debt, while also originating structured products. Its Global Markets division is central to client transaction execution for both cash and derivative instruments. It actively deals in credit and interest rate products, provides equity intermediation, financing, clearing, settlement, and custody services, and offers solutions related to mortgages, currencies, commodities, and equities. Through its Asset Management segment, Goldman Sachs oversees capital across an extensive range of asset classes, such as equities, fixed income, hedge funds, private equity, real estate, currencies, and commodities. This includes providing customized investment advisory solutions and making direct investments in corporate, real estate, and infrastructure entities. Finally, the Consumer & Wealth Management division caters to individuals by offering personalized wealth advisory services, encompassing financial planning and investment management. It also provides private banking, various lending options (including unsecured loans), and facilitates savings and time deposits. Established in 1869, The Goldman Sachs Group, Inc. maintains its headquarters in New York, New York.

Market cap$317.6B
Employees46,600
GOLDMAN SACHS GRP INC. competitors & alternatives →
State Street0L9G · BankingBoston, United States
68% matchPublicAI 44/100 ▲Green 6/100

Banking

State Street Corporation, through its various subsidiaries, offers a comprehensive suite of financial products and services designed for institutional investors globally. Its extensive investment servicing segment provides a multitude of solutions, including asset custody, product accounting, daily valuation, and administrative support. This also covers specialized master trust, master custody, and depotbank services, along with record-keeping and cash management. The company facilitates foreign exchange, brokerage, and other trading services, in addition to offering securities finance and advanced custody products. Clients can access deposit and short-term investment facilities, as well as financing options like loans and leases. State Street further supports investment and alternative investment managers by outsourcing operational functions, and delivers sophisticated performance, risk, and compliance analytics, coupled with financial data management. Beyond these services, State Street provides portfolio management and risk analysis tools. It also handles trading and post-trade settlement, integrating compliance checks and managed data capabilities. The firm develops and offers a range of investment management strategies and products, including core and enhanced indexing, diversified multi-asset portfolios, active quantitative and fundamental approaches, and various alternative investments. Additional solutions encompass environmental, social, and governance (ESG) investing, strategies tailored for defined benefit and defined contribution plans, and comprehensive global fiduciary services. The company also operates its prominent exchange-traded fund (ETF) business under the SPDR brand. State Street serves a diverse client base, which includes mutual funds, collective investment funds, other pooled investment vehicles, corporate and public retirement programs, insurance companies, foundations, endowments, and independent investment managers. Founded in 1792, State Street Corporation is headquartered in Boston, Massachusetts.

Market cap$51.1B
Employees51,503
PythonAzureAWSJavaKafka
State Street competitors & alternatives →
Citigroup Inc.0R01 · BankingNew York, United States
67% matchPublicAI 52/100 ▼Green 15/100

Banking

Citigroup Inc., a diversified financial service holding company, provides various financial products and services to consumers, corporations, governments, and institutions. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes treasury and trade solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and securities services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions. The Markets segment offers sales and trading services for equities, foreign exchange, rates, spread products, and commodities to corporate, institutional, and public sector clients; and market-making services, including asset classes, risk management solutions, financing, and prime brokerage. The Banking segment includes investment banking services comprising equity and debt capital markets-related strategic financing solutions; advisory services related to mergers and acquisitions, divestitures, restructurings, and corporate defense activities; and corporate lending consists of corporate and commercial banking. The U.S. Personal Banking segment provides proprietary and co-branded card portfolios; and traditional banking services to retail and small business customers. The Wealth segment offers financial services to high-net-worth clients through banking, lending, mortgages, investment, custody, and trust product offerings; professional industries, including law firms, consulting groups, accounting, and asset management; and affluent and high net worth clients. The company operates in North America, the United Kingdom, Japan, North and South Asia, Australia, Europe, the Middle East, and Africa. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.

Market cap$257.6B
Employees222,500
JavaPythonKubernetesSpringKafka
Citigroup Inc. competitors & alternatives →
Bank of America0Q16 · BankingCharlotte, United States
67% matchPublic

Banking

Bank of America Corporation, operating through its various subsidiaries, functions as a global financial institution, offering a broad spectrum of banking and financial solutions. Its diverse clientele includes individual consumers, small and mid-sized businesses, institutional investors, major corporations, and governments worldwide. The company's Consumer Banking division caters to everyday financial needs, providing traditional and money market savings accounts, certificates of deposit (CDs), IRAs, and both interest-bearing and noninterest-bearing checking accounts, alongside various investment products. It also issues credit and debit cards, extends residential and home equity mortgages, and offers direct and indirect loans, such as those for automotive purchases, recreational vehicles, and personal use. Within the Global Wealth & Investment Management segment, the focus is on asset management, brokerage services, banking, and a full suite of trust and retirement products. This segment also delivers comprehensive wealth management strategies and specialized asset management solutions tailored to client needs. The Global Banking unit addresses the needs of commercial clients with a range of lending options, including commercial loans, leases, commitment facilities, trade finance, and both commercial real estate and asset-based lending. Additionally, it provides sophisticated treasury solutions, encompassing treasury management, foreign exchange services, short-term investing options, and merchant processing. This unit also aids in working capital management and supports clients with debt and equity underwriting and distribution, as well as merger-related and other financial advisory services. Finally, the Global Markets division facilitates market activities through market-making, financing, and securities clearing, settlement, and custody services. It offers advanced risk management products utilizing derivatives across interest rate, equity, credit, currency, and commodity markets, in addition to foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, Bank of America had a significant reach, serving approximately 67 million consumer and small business clients. This extensive network was supported by around 4,200 retail financial centers, roughly 16,000 automated teller machines (ATMs), and digital banking platforms used by approximately 41 million active users. The corporation, established in 1784, is headquartered in Charlotte, North Carolina.

Market cap$461.3B
Employees213,000
Bank of America competitors & alternatives →
F.N.B. CorporationFNB · BankingPittsburgh, United States
66% matchPublic

Banking

F.N.B. Corporation functions as a financial holding entity, delivering a broad spectrum of financial solutions. Its primary clientele includes individual consumers, corporate enterprises, governmental bodies, and small to mid-sized businesses. The organization's operations are divided into three main segments: Community Banking, Wealth Management, and Insurance. Through its commercial banking division, F.N.B. extends services such as corporate and small business accounts, financing for investment properties, commercial credit lines, capital markets access, and equipment leasing. For individual customers, the company offers a suite of banking products and services, encompassing deposit accounts, mortgage and personal lending, and digital banking platforms accessible via mobile and online channels. Its wealth management offerings include personal and corporate fiduciary services, such as the administration of estates and trusts, alongside securities brokerage, investment advisory services, and a variety of financial products like mutual funds and annuities. Additionally, F.N.B. provides both commercial and personal insurance, reinsurance products, and specialized mezzanine financing options tailored for small- to medium-sized businesses. As of December 31, 2021, the company maintained a network of 334 banking branches situated across Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C., and Virginia. F.N.B. Corporation was established in 1864 and its corporate headquarters are located in Pittsburgh, Pennsylvania.

Market cap$6B
Employees4,104
F.N.B. Corporation competitors & alternatives →
UBS Group AG RegisteredUBS · BankingZurich, Switzerland
66% matchPublic

Banking

UBS Group AG, a financial services giant headquartered in Zurich, Switzerland, since its founding in 1862 (and known as UBS AG until its name change in December 2014), delivers a comprehensive range of financial advice and solutions to a global clientele of private individuals, institutions, and corporations. The firm structures its operations across four primary business segments: The Global Wealth Management division caters specifically to affluent and ultra-high-net-worth clients. It provides sophisticated investment guidance, various lending products, including mortgages and securities-based loans, and extensive planning services encompassing estate and wealth management, philanthropy, corporate and banking services, and family advisory. Through its Personal & Corporate Banking arm, UBS supports individual clients with essential banking services like deposits, cards, and digital platforms, alongside financing, investment opportunities, and retirement solutions. For corporate and institutional clients, this division furnishes a wide array of solutions, spanning equity and debt capital market activities, syndicated and structured credit facilities, private placements, leasing, traditional financing, international trade and export finance, global custody, and transactional banking for payments and liquidity management. The Asset Management division specializes in a broad spectrum of investment strategies, encompassing equities, fixed income, hedge funds, real estate, and private market assets. It also crafts bespoke multi-asset solutions and offers expert advisory and fiduciary services, including multi-manager hedge fund solutions. Finally, the Investment Bank offers strategic counsel to clients on significant business ventures and assists them in securing capital for their operations. It facilitates the trading, sale, and financing of securities across global capital markets, while also aiding clients in risk management and liquidity optimization, and provides distinctive insights and research on key financial markets and various securities.

Market cap$147.4B
Employees103,177
UBS Group AG Registered competitors & alternatives →

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