Associate Wealth Advisor (Finance)

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

This is an office-based position and for the effective performance of this role, the duties and responsibilities must be carried out onsite.

Associate, Business Strategy & Growth Initiatives

Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations, and endowments, and privately held businesses. It is recognized for its innovative technology, service excellence and depth of expertise, with $351.4 billion in assets under management as of December 31, 2022

Overview

Northern Trust Wealth Management is seeking a versatile and results-driven Associate to play a pivotal role in supporting both Business Advisory Services (BAS) teams and their local Northern Trust office by advancing new client acquisition and revenue growth initiatives. This role merges strategic planning, thought leadership, data analysis, and business development into one high-impact position with national reach and exposure to senior leadership.

The ideal candidate brings a strong blend of analytical acumen, client-facing experience, and an entrepreneurial mindset enabling them to support in the growth of the BAS team and their local Northern Trust office. This position offers the candidate significant exposure to business owners across multiple industries and Investment Banking.

Key Responsibilities

Strategic Planning & Thought Leadership

• Collaborate with the BAS team to develop and implement national strategies targeting business owners and entrepreneurial families.
• Research and support in producing any thought leadership content for internal and external use (e.g., whitepapers, event materials).
• Assist in tracking and reporting on strategic initiatives using KPIs and dashboards.
• Compile industry intelligence (e.g., transaction data, trends, market research) to inform business strategy.
• Create presentations and executive summaries for BAS client engagements and prospects, and other internal presentations.

Business Advisory Services Support

• Partner with the BAS team on client engagements involving exit planning, business valuation, and company sales / divestitures.
• Support with due diligence processes on new clients' companies and help prepare private businesses for sale by researching industries, companies, and potential advisors.
• Maintain transaction data and CRM systems (e.g., Salesforce) to ensure accurate and timely project and lead tracking.
• Attend client meetings and investment banking pitches, contributing insights on strategy, valuation, and deal execution.

New Business Development & Client Engagement

• Identify and qualify new business opportunities across Banking, Northern Trust Institute (NTI), Family Investment Advisors (FIA), and future appointments.
• Develop and maintain strong referral pipelines by cultivating centers of influence (COIs)

Community Involvement

• Represent Northern Trust in philanthropic, civic, and business community engagements to enhance brand visibility and network expansion.

Operational Excellence & Compliance

• Ensure full adherence to all compliance, trust, and investment management guidelines (e.g., National Trust Practices).
• Collaborate effectively across internal teams (Banking, Marketing, Wealth Planning, Legal, Compliance) to deliver seamless client experiences.

Qualifications

• Bachelor's degree with 1-3 years of experience in finance, consulting, investment banking, wealth management, or related fields is preferred.
• Strong analytical and problem-solving skills; proficiency in Excel and PowerPoint is required.
• Knowledge of financial statements, valuation methodologies, and M&A processes is required.
• Excellent communication skills and ability to interface confidently with internal leadership, clients, and external advisors is required.

Salary Range:
$94,620 - 160,740 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.