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EXPERT ADVICE, LOCALLY DELIVERED
Northern Trust is one of the nation’s largest wealth advisors and its Oakbrook Terrace location is focused on bringing tailored solutions to Chicago’s Western Suburbs. WORDS BY MITCH HURST / PHOTOGRAPHY BY IAN MCLEOD
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orthern Trust’s office in Oakbrook Terrace provides goals-based planning and portfolios to manage the complexities and generational challenges of wealth, in addition to their flexible lending and cash-management services to meet business and personal needs. The bank recently moved its offices in Chicago’s Western Suburbs to a new location in the Oakbrook Terrace Tower. “We’ve been on a multi-year journey to consolidate our advisory team in the Western Suburbs in a new, all-encompassing location, which is what we just completed in the Oakbrook Tower,” says Roger McDougal, Managing Director of Northern Trust’s west suburban wealth management business. “Northern’s long-standing focus on wealth management has shaped and informed our holistic approach. In our office, portfolio managers, trust advisors, bankers, and wealth advisors are right next to each other working with clients as a team,” McDougal says. “Our bankers are deeply involved with direct lending to clients’ businesses as well.” “We provide proactive lending and cash management solutions to middle market business owners throughout the Chicago area and beyond. Our team is comprised of experienced bankers that provide thoughtful and tailored advice on the best way to finance working capital needs, equipment purchases, owner-occupied real estate expansions and purchases, add-on acquisitions and recapitalizations,” says Curt Bambule, Banking Team Lead. “All of our credit decisions are made locally, which allows us to act quickly so business owners can capitalize on timely opportunities. Business owners receive the personal attention that you might find at a community bank, but with resources and expertise found at the premier institutions in the country. Because we have experts from multi-disciplines on our team, we are uniquely positioned to provide business owners with valued advice throughout their journey, including succession planning and wealth transfer strategies.” Recently, the bank launched The Northern Trust Institute, which brought together 175 of the top advisors within the organization. Kristin Weaver, Trust Advisor Team Lead and member of The Institute, explains that it is a compilation of the firm’s best thinking across a wide variety of topics affecting clients. “It is incredible to see the amount of information and collaboration used to refine our advice and tailor it to unique client experiences,” Weaver says. “This collective expertise allows our advisors to anticipate our clients’ needs, deliver insight at critical times, and empower clients to make strategic decisions.”
Tim Baltz, Roger McDougal, Kristin Weaver, Curt Bambule Expertise and wisdom around managing wealth is particularly important during times of uncertainty like we’re experiencing now, and Northern Trust’s advisors can help provide a steady hand. Northern Trust was recently named Best Private Bank in the U.S. by Financial Times Group and The Banker magazines and commended for its industry-leading approach to Goals Driven Wealth Management. “Our Goals Driven Wealth Management approach allows us to understand our clients’ specific financial goals and construct a portfolio that gives us the highest probability of achieving those short- and long-term goals,” says Tim Baltz, Investment Team Lead. “This gives our clients a high degree of confidence as we live with volatile financial markets.” The local experts in Northern Trust’s Western Suburban office include executives who live in the communities the office serves, including Glen Ellyn, Wheaton, Hinsdale, and LaGrange Park. They know the market. “Our experts can help you and your family create a customized plan unique to you and your goals. This plan is the basis for an ongoing conversation that allows the plan to be optimized and aligned along the way to make sure you reach your financial goals and achieve the desired outcome for what is important to you, regardless of market conditions,” McDougal says. “I’ve found clients are more confident when they have a thorough understanding of how to achieve their financial goals. When they do, they can be much more resilient in adverse times.” Northern Trust is located at One Tower Lane, 24th Floor, in Oakbrook Terrace, 630-932-6911, northerntrust.com.
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