Northern Trust

Northern Trust traces its origins to August 12, 1889, when Byron Laflin Smith opened The Northern Trust Company in Chicago. Chicago remains the firm's headquarters and principal base.

Today, Northern Trust provides asset servicing, wealth management, asset management and banking services to institutions, corporations, affluent families and individuals. Its asset-servicing offering includes custody, fund administration, investment-operations outsourcing, securities lending, foreign exchange, treasury management and related banking services.

The firm's strongest market position is in institutional asset servicing: at June 30, 2026, it reported $20.0 trillion in assets under custody and administration and $2.0 trillion in assets under management. For students, internships and graduate roles span finance, operations, technology, client services, asset management and wealth management.