Northern Trust holds and manages money and investments for large institutions like pension funds, foundations, and insurance companies, as well as wealthy individuals and families. For institutions, they provide custody (secure storage of investments), handle administrative tasks for investment funds, and offer investment advice and risk management. For wealthy clients, they offer trust services, investment management, financial planning, and estate administration. The company also manages various types of investment funds including stocks, bonds, private equity, and hedge funds that people ca...
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