Wealth manager Northern Trust Corporation has made two senior appointments in its global family office & investment practice (GFO) group across Europe, Middle East and Africa (EMEA).
Based in London, Belinda Aspinall has been named head of GFO for the region, succeeding Lesley Hodgson who takes up the role of wealth strategist and director of GFO for the Middle East.
In her new role, Ms Aspinall will be responsible for leading the region’s growing GFO business, overseeing client service and business development for Northern Trust’s sophisticated family office client base.
Ms Aspinall, who was most recently head of Northern Trust’s Guernsey office has held a number of leadership positions in her 30 year career in financial services and has worked in Stockholm, Luxembourg, London and Guernsey.
Ms Hodgson joined Northern Trust in 1995 and has extensive experience helping families establish efficiency, governance and succession planning within family businesses, property, art and landed estates. In her new role, she will bring her experience to support highly-sophisticated families and their advisors across the Middle East in managing family wealth through Northern Trust’s sophisticated solutions.
The global family & private investment offices group works with more than 400 families across the globe, with average assets per family under custody of $770 million.
Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2017, Northern Trust had assets under custody/administration of $10.7 trillion, and assets under management of $1.2 trillion