/Northern%20Trust%20Corp_%20site%20and%20phone-by%20T_Schneider%20via%20Shutterstock.jpg)
Northern Trust Corporation (NTRS), a Chicago-based financial holding company with a market capitalization of $21.6 billion, specializes in wealth management, asset servicing, asset management, and banking solutions tailored to corporations, institutions, families, and individuals.
Shares of the top asset management company have outperformed the broader market considerably over the past year. NTRS has gained 43.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 31%. In 2024, NTRS’ stock rose 29.7%, compared to SPX’s 25.2% rise on a YTD basis.