{"success":true,"data":{"pressRelease":{"id":"154003","rtpr_id":"nBw7Rc4xxa-20260928","ticker":"NTRS","exchange":"NASDAQ","all_tickers":["NTRS"],"title":"Northern Trust Wealth Management Expands Family Office Solutions Team in New York","author":"Business Wire","published_at":"2026-09-28T12:00:00.651Z","article_body":"Northern Trust Wealth Management Expands Family Office Solutions Team in New\nYork\n\nNorthern Trust Wealth Management is expanding its Family Office Solutions team\nin New York with the addition of Robert Ludricks III as Managing Director,\nNortheast Region, and Olof Akesson as Investment Director.\n\nFamily Office Solutions provides ultra-high-net-worth families with\ninstitutional-grade capabilities and a dedicated team to help manage the\ncomplexities of multigenerational wealth. Built for sophisticated clients\nwhose circumstances evolve but whose priorities endure, the flexible model\ncoordinates investment strategy, fiduciary oversight, consolidated reporting,\nphilanthropic advisory, family governance, risk management and lifestyle\nsupport.\n\n“Families with significant wealth increasingly face decisions that cut\nacross their businesses, investments and long-term plans,” Northeast Region\nPresident Katie Nixon said. “Bob and Olof bring complementary experience and\nstrengthen the advice and services we offer entrepreneurs, business owners and\nmultigenerational families in New York and across the region.”\n\nLudricks has more than 35 years of experience advising clients on investment\nmanagement, wealth planning and fiduciary matters. He most recently served as\nManaging Director and Senior Relationship Manager at Brown Brothers Harriman.\nPreviously, he spent nearly two decades at Bessemer Trust in senior advisory\nand leadership roles.\n\nAkesson’s background spans more than 20 years in private markets, investment\nbanking and client relationship management. He has spent the past decade\nadvising single family offices, most recently as Managing Director at KABR\nGroup. He previously held senior business development and sales leadership\nroles, including Managing Director at Benefit Street Partners, as well as\npositions at J.P. Morgan and HSBC.\n\nNorthern Trust Wealth Management is a premier private bank serving affluent\nindividuals and families, family offices, foundations and endowments, and\nprivately held businesses. Northern Trust Wealth Management, which combines\ndeep expertise with innovative technology and service excellence, had US$534\nbillion in assets under management as of June 30, 2026. The Northern Trust\nCompany is an Equal Housing Lender. Member FDIC.\n\nAbout Northern Trust\n\nNorthern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth\nmanagement, asset servicing, asset management and banking services to\ncorporations, institutions, affluent families and individuals. Founded in\nChicago in 1889, Northern Trust has a global presence with offices in 24 U.S.\nstates and Washington, D.C., and across 22 locations in Canada, Europe, the\nMiddle East and the Asia-Pacific region. As of June 30, 2026, Northern Trust\nhad assets under custody/administration of US$20.0 trillion, and assets under\nmanagement of US$2.0 trillion. For more than 135 years, Northern Trust has\nearned distinction as an industry leader for exceptional service, financial\nexpertise, integrity and innovation.\n\nVisit us on northerntrust.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fnortherntrust.com&esheet=54610398&newsitemid=20260928256913&lan=en-US&anchor=northerntrust.com&index=1&md5=759c230361a3640504bff105f34e2dea)\n. Follow us on Instagram\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Fnortherntrustcompany%2F%3Fhl%3Den&esheet=54610398&newsitemid=20260928256913&lan=en-US&anchor=Instagram&index=2&md5=068472d1903099c21972aca88f19ccbf)\n@northerntrustcompany or Northern Trust on LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fnorthern-trust&esheet=54610398&newsitemid=20260928256913&lan=en-US&anchor=LinkedIn&index=3&md5=c0cbecfa72aac1e8be7242ecb43cc2a2)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260928256913/en/\n(https://www.businesswire.com/news/home/20260928256913/en/)\n\nMedia Contact: \n\nLandis Cullen\n\n312-444-3188\n\nlandis.cullen@ntrs.com (mailto:landis.cullen@ntrs.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw7Rc4xxa-20260928","title":"Northern Trust Wealth Management Expands Family Office Solutions Team in New York","author":"Business Wire","ticker":"NTRS","created":"2026-09-28T12:00:00.651Z","tickers":["NTRS"],"exchange":"NASDAQ","article_body":"Northern Trust Wealth Management Expands Family Office Solutions Team in New\nYork\n\nNorthern Trust Wealth Management is expanding its Family Office Solutions team\nin New York with the addition of Robert Ludricks III as Managing Director,\nNortheast Region, and Olof Akesson as Investment Director.\n\nFamily Office Solutions provides ultra-high-net-worth families with\ninstitutional-grade capabilities and a dedicated team to help manage the\ncomplexities of multigenerational wealth. Built for sophisticated clients\nwhose circumstances evolve but whose priorities endure, the flexible model\ncoordinates investment strategy, fiduciary oversight, consolidated reporting,\nphilanthropic advisory, family governance, risk management and lifestyle\nsupport.\n\n“Families with significant wealth increasingly face decisions that cut\nacross their businesses, investments and long-term plans,” Northeast Region\nPresident Katie Nixon said. “Bob and Olof bring complementary experience and\nstrengthen the advice and services we offer entrepreneurs, business owners and\nmultigenerational families in New York and across the region.”\n\nLudricks has more than 35 years of experience advising clients on investment\nmanagement, wealth planning and fiduciary matters. He most recently served as\nManaging Director and Senior Relationship Manager at Brown Brothers Harriman.\nPreviously, he spent nearly two decades at Bessemer Trust in senior advisory\nand leadership roles.\n\nAkesson’s background spans more than 20 years in private markets, investment\nbanking and client relationship management. He has spent the past decade\nadvising single family offices, most recently as Managing Director at KABR\nGroup. He previously held senior business development and sales leadership\nroles, including Managing Director at Benefit Street Partners, as well as\npositions at J.P. Morgan and HSBC.\n\nNorthern Trust Wealth Management is a premier private bank serving affluent\nindividuals and families, family offices, foundations and endowments, and\nprivately held businesses. Northern Trust Wealth Management, which combines\ndeep expertise with innovative technology and service excellence, had US$534\nbillion in assets under management as of June 30, 2026. The Northern Trust\nCompany is an Equal Housing Lender. Member FDIC.\n\nAbout Northern Trust\n\nNorthern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth\nmanagement, asset servicing, asset management and banking services to\ncorporations, institutions, affluent families and individuals. Founded in\nChicago in 1889, Northern Trust has a global presence with offices in 24 U.S.\nstates and Washington, D.C., and across 22 locations in Canada, Europe, the\nMiddle East and the Asia-Pacific region. As of June 30, 2026, Northern Trust\nhad assets under custody/administration of US$20.0 trillion, and assets under\nmanagement of US$2.0 trillion. For more than 135 years, Northern Trust has\nearned distinction as an industry leader for exceptional service, financial\nexpertise, integrity and innovation.\n\nVisit us on northerntrust.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fnortherntrust.com&esheet=54610398&newsitemid=20260928256913&lan=en-US&anchor=northerntrust.com&index=1&md5=759c230361a3640504bff105f34e2dea)\n. Follow us on Instagram\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Fnortherntrustcompany%2F%3Fhl%3Den&esheet=54610398&newsitemid=20260928256913&lan=en-US&anchor=Instagram&index=2&md5=068472d1903099c21972aca88f19ccbf)\n@northerntrustcompany or Northern Trust on LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fnorthern-trust&esheet=54610398&newsitemid=20260928256913&lan=en-US&anchor=LinkedIn&index=3&md5=c0cbecfa72aac1e8be7242ecb43cc2a2)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260928256913/en/\n(https://www.businesswire.com/news/home/20260928256913/en/)\n\nMedia Contact: \n\nLandis Cullen\n\n312-444-3188\n\nlandis.cullen@ntrs.com (mailto:landis.cullen@ntrs.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-28T12:00:00.729975524Z","server_sent_at_ms":1790596800729},"received_at":"2026-09-28T12:00:00.778Z","source_url":"https://www.businesswire.com/news/home/20260928256913/en/"},"analysis":{"id":"142785","press_release_id":"154003","analysis_json":{"industry":{"label":"Capital Markets","sector":"Financials"},"redFlags":[],"eventType":"operations_update","narrative":"Northern Trust Wealth Management is expanding its Family Office Solutions team in New York, adding Robert Ludricks III as Managing Director for the Northeast Region and Olof Akesson as Investment Director.\n\nLudricks brings more than 35 years of experience from Brown Brothers Harriman and Bessemer Trust, while Akesson has two decades in private markets and a decade advising single family offices.\n\nThe hire signals continued investment in ultra-high-net-worth client coverage, where Northern Trust Wealth Management oversees US$534 billion in assets under management as of June 30, 2026.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine team expansion in UHNW wealth management -- suppress or note as talent-retention color only."},"keyFigures":{"customDimensions":{"aum_corporate":"$2.0 trillion","aum_wealth_management":"$534 billion","custody_administration_aum":"$20.0 trillion"}},"quotedText":"Families with significant wealth increasingly face decisions that cut across their businesses, investments and long-term plans","namedEntities":{"people":[{"name":"Robert Ludricks III","role":"Managing Director, Northeast Region, Family Office Solutions"},{"name":"Olof Akesson","role":"Investment Director, Family Office Solutions"},{"name":"Katie Nixon","role":"Northeast Region President"}],"products":["Family Office Solutions"],"companies":[{"name":"Northern Trust Corporation","ticker":"NTRS","relationship":"filer"},{"name":"Brown Brothers Harriman","relationship":"prior employer of new hire"},{"name":"Bessemer Trust","relationship":"prior employer of new hire"},{"name":"KABR Group","relationship":"prior employer of new hire"},{"name":"Benefit Street Partners","relationship":"prior employer of new hire"},{"name":"J.P. 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