# Northern Trust Securities

Northern Trust Securities is an Asset Manager based in Chicago, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Assets under management:** Undisclosed
- **Website:** northerntrust.com

## Regulatory record

- **CRD number:** 7927
- **SEC file number:** 801-80781
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/7927

## About

NORTHERN TRUST SECURITIES, INC is an SEC-registered investment adviser in CHICAGO, IL, registered since 2015. The firm manages approximately $1.7 billion in regulatory assets. It has 385 employees and 41 investment advisers.

## Sectors

- Private Credit
- Real Estate
- Infrastructure
- Hedge Funds

## Questions

### How is Northern Trust Securities structured within Northern Trust Corporation?

Northern Trust Securities operates as a wholly owned broker-dealer subsidiary of Northern Trust Corporation. It functions as the capital markets and trading desk for the bank, executing fixed-income and equity transactions for institutional clients rather than operating as an independent proprietary trading firm. Its regulatory status includes registration with FINRA and SIPC.

### What types of investment activities does Northern Trust Securities pursue?

The firm focuses on agency and non-agency fixed-income trading, including US Treasuries, corporate bonds, municipal securities, and structured products. It also provides private placement and capital markets advisory services, connecting issuers with institutional buyers. It does not maintain separate co-investment or fund-of-funds vehicles beyond the bank's broader alternatives platform.

### How does Northern Trust Securities source deal flow?

Deal flow originates primarily from Northern Trust's core custody and wealth management relationships. The bank's institutional client base provides a captive distribution network for fixed-income and credit products. The securities unit also participates in syndicated offerings and private placements where the bank's capital markets team acts as a co-manager or placement agent (per public filings).

### What is the geographic footprint for Northern Trust Securities?

The firm's trading and advisory functions are headquartered in Chicago, with additional offices in New York and London. Execution capabilities extend to Hong Kong through affiliated Northern Trust entities. The primary market focus remains the United States, though the London office supports execution for European institutional clients.

### How does the regulatory posture differ from independent broker-dealers?

As a subsidiary of a systemically important bank, Northern Trust Securities is subject to Federal Reserve oversight of Northern Trust Corporation in addition to FINRA and SEC regulation. Capital requirements, counterparty risk limits, and compliance obligations are set at the bank holding company level. This regulatory framework constrains the securities unit from taking proprietary positions or engaging in high-frequency trading strategies common at independent firms.

## Related profiles

- [Allegheny Investments](https://altss.com/profile/allegheny-investments)
- [Stifel, Nicolaus & Company, Incorporated](https://altss.com/profile/stifel-nicolaus-and-company-incorporated)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/northern-trust-securities-inc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology