GROSSE POINTE, Mich.--(BUSINESS WIRE)--Northern Trust announced today that its Foundation and Institutional Advisors Group (FIA) has been selected to provide investment and strategic advisory services for the Grosse Pointe War Memorial Association. The War Memorial, a patriotic, cultural, and community leader in Southeast Michigan, is a unique venue that engages approximately 200,000 individuals per year with arts, learning, patriotism, hospitality services.
“We are very excited about our new partnership with Northern Trust,” said Charles Burke, President and CEO, Grosse Pointe War Memorial Association. “Northern Trust is approaching our relationship as a collaboration to help us fulfill our mission to the community; this will include the prudent management of our endowment assets.”
“We are pleased to provide investment advisory services to an organization that is so integral to the Grosse Pointe community,” said Darius A. Gill, National Practice Executive, Northern Trust Foundation & Institutional Advisors group. “It is satisfying to work with a distinctive and forward-thinking organization dedicated to serving our veterans in such a community focused manner.”
Northern Trust’s Foundation & Institutional Advisors (FIA) group serves nonprofit organizations through sophisticated investment management solutions, strategic insights and world-class resources.
FIA provides investment advice, asset servicing and related services to help nonprofit organizations achieve financial and philanthropic goals cost-effectively, collaborating with board and investment committee members to assist with investment oversight. More information about Northern Trust Foundation and Institutional Advisors can be found at www.northerntrust.com/FIA.
Northern Trust Wealth Management specializes in Goals Driven Wealth Management backed by innovative technology and a strong fiduciary heritage. Northern Trust Wealth Management is ranked among the top 10 U.S. wealth managers, with $248 billion in assets under management as of December 31, 2016, and a wide network of wealth management offices across the United States.
The Northern Trust Company is an Equal Housing Lender. Member FDIC.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 22 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2016, Northern Trust had assets under custody of US$6.7 trillion, and assets under management of US$942 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.
The Grosse Pointe War Memorial
The Grosse Pointe War Memorial Association, also known as The War Memorial, is a legacy-filled institution with a reenergized determination to emerge as a regional driver of arts, learning, patriotism, hospitality and connectivity. Situated on the grounds of the historic Alger Estate, The War Memorial serves an estimated 200,000 individuals with over 2,000 functions annually, including programs to honor veterans, engagement experiences for adults and children, community events and celebrations. Since 1949, it has a dual purpose: to serve as a memorial to Grosse Pointers who served and died in war; and to serve as a continuing center for educational and charitable activities of the Grosse Pointe community. For more information, visit www.warmemorial.org.