LOS ANGELES–(BUSINESS WIRE)–Northern Trust today announced the arrival of Grace Russak to the Foundation & Institutional Advisors (FIA) practice as Regional Director. Russak is based in offices in Pasadena and Los Angeles, and is part of the company’s ongoing commitment to growing and serving our foundation, endowment and nonprofit clients in the West Region markets.
“We are very pleased to add Grace to our team of Foundation and Institutional Advisors,” said Darius A. Gill, National Practice Director for the FIA. “She is a terrific addition to our commitment to providing an extraordinary customer experience, top-notch guidance and service to our clients.”
Russak will work closely with organizations to collaboratively advise them on the development of customized and profitable investment strategies designed to achieve their goals. She will consult directly with boards of directors and professional staff to provide asset management, custodial, integrated performance analysis and planned giving services that align with their mission and values.
Prior to joining Northern Trust, Russak was a senior client strategist at BNY Mellon Wealth Management. In this role, she worked with a clientele of advisors and high net worth individuals, families, foundations and non-profits in developing and executing a coordinated strategy for their investments, trusts and estates, estates of business, philanthropic and family goals. .
Russak holds an MBA in strategy from Claremont Graduate University and a bachelor’s degree in history from Smith College. She serves on the executive committee of the board of directors of Five Acres, the board of directors of the Los Angeles Council on Planned Giving and is a member of the Beverly Hills, Los Angeles and San Gabriel Estate Planning Councils. She frequently speaks on topics related to wealth management, philanthropy and women’s issues.
Northern Trust Foundation and Institutional Advisors (FIA) serves nonprofit organizations with sophisticated investment management solutions, strategic insights, and world-class resources. FIA provides investment advice, asset servicing and related services to help nonprofits achieve their financial and philanthropic goals, working with board and investment committee members to help investment monitoring. For more information about the Northern Trust Foundation and Institutional Advisors, visit www.northerntrust.com/FIA.
Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and private businesses. It is recognized for its innovative technology, service excellence and depth of expertise and ranks among the top 10 US wealth managers, with $371.1 billion in assets under management as of June 30, 2021. Northern Trust Company is an Equal Housing Lender. FDIC member.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to businesses, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 US states and Washington, DC, and 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2021, Northern Trust had assets under custody/administration of US$15.7 trillion and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has distinguished itself as an industry leader for its exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on Twitter.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 USA, incorporated with limited liability in the USA Please read our global and regulatory information.