North­ern Trust de­vel­ops in­vest­ment ap­proach

The Pak Banker - - COMPANIES/BOSS -

Re­flect­ing de­sires of wealthy in­di­vid­u­als to fo­cus more ex­plic­itly on meet­ing spe­cific life goals, North­ern Trust has in­tro­duced a pur­pose­ful, pro­pri­etary ap­proach to goals-based in­vest­ing. This method, which rep­re­sents an evo­lu­tion in the way as­sets are man­aged to achieve clients' goals, aims to align spe­cific as­sets to stated ob­jec­tives. Tra­di­tion­ally, in­vest­ment ad­vi­sors eval­u­ate a client's risk tol­er­ance and time hori­zon and map them to an as­set al­lo­ca­tion model. While North­ern Trust con­tin­ues to pro­vide th­ese ser­vices, our ap­proach fo­cuses first on a thor­ough re­view of client goals, such as buy­ing a sec­ond home or set­ting up a char­i­ta­ble foun­da­tion. Then we de­velop a dis­tinct mix of in­vest­ments ap­pro­pri­ate for reach­ing each goal. We are fo­cused on help­ing our clients achieve their goals in life, said Jana Schreuder, North­ern Trust's Pres­i­dent of Wealth Man­age­ment.

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