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With a market cap of $25.4 billion, Northern Trust Corporation (NTRS) provides wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and high-net-worth individuals. The company operates through two main segments: Asset Servicing, which delivers custody, fund administration, and investment-related services to institutional investors, and Wealth Management, which offers trust, investment, and private banking services to individuals and families.
Companies valued less than $10 billion are generally classified as “mid-cap” stocks, and Northern Trust fits this criterion perfectly. It also provides a wide range of asset management products, including equity, fixed income, multi-asset, and alternative investments, along with risk management and advisory solutions.