Northern Trust Corporation is a global financial services company based in Chicago, Illinois, founded in 1889. It specializes in wealth management, asset servicing, asset management, and banking solutions tailored for corporations, institutions, families, and individuals. The company operates through two main segments: Asset Servicing, which provides a suite of services including custody, fund administration, and investment management; and Wealth Management, offering trust, investment management, and private banking services. Northern Trust caters to a diverse clientele, including high-net-worth individuals, corporate and public retirement funds, and sovereign wealth funds.