Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

3580

Northern Trust makes management changes in Dallas

RELATED TOPICS​

Northern Trust has appointed Patrick Everett as Dallas region president, overseeing the company’s North Texas wealth management operations, which provide investment management, fiduciary services and banking solutions to individuals and institutions.

Formerly chief investment officer for Northern Trust’s Western region including California, Washington and Nevada, Everett will relocate to Dallas. He joined Northern Trust in 1996 as a portfolio manager and also served as president and chief executive of Northern Trust, FSB in Las Vegas, Nevada.

Everett reports to Southwest region president Steve MacLellan, who manages personal financial services for the company’s 16 offices in Arizona, Colorado and Texas.

"We are thrilled to announce Pat’s new leadership role in the Dallas market, a vital part of Northern Trust’s Southwest region," says MacLellan. "With 30 years of experience in wealth management, Pat will undoubtedly enhance our local presence as we continue to grow throughout Dallas."

Dewain Hill will assume expanded responsibility for Northern Trust’s banking and lending operations in Texas, Arizona and Colorado as new Southwest region chief credit and banking officer. Previously responsible for Northern Trust’s banking and lending activities throughout Texas, Hill will remain in Dallas where he has more than 30 years of banking experience.

Additionally, senior investment manager Cliff Demarest has been named managing director of wealth advisory services in Dallas. Serving the Dallas market for four years, Demarest has advised numerous local endowment, foundation, and high net worth clients.

"In his more than ten years with Northern Trust, Dewain has demonstrated a strong commitment to client service. The Arizona and Colorado markets will benefit from his focus on the complex banking needs of affluent individuals and families," says MacLellan. "Additionally, Cliff’s experience providing comprehensive wealth management solutions will further our ability to provide customized advice and objective solutions through our sophisticated wealth advisory platform."

Latest News

MainStreet Partners has released its latest quarterly GSS Bonds report “Summer Edition”. This edition of..
Pension and insurance firms have backed a public-private blended finance model to help navigate investment..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor..

Related Articles

Global equities will lose 40 per cent of their value if the world does not accelerate its decarbonisation efforts, new research reveals...
Global equities will lose 40 per cent of their value if the world does not accelerate its decarbonisation efforts, new..
Rod Ringrow, Invesco
Geopolitical tension has surpassed inflation as the primary concern of sovereign investors and is prompting greater interest in allocating to emerging markets, according to the twelfth annual Invesco Global Sovereign Asset Management Study...
Geopolitical tension has surpassed inflation as the primary concern of sovereign investors and is prompting greater interest in allocating to..
Green energy
2024 has been the strongest ever year for green bond sales, with deals topping USD356 billion in the first six months, according to research from Bloomberg...
2024 has been the strongest ever year for green bond sales, with deals topping USD356 billion in the first six..
infrastructure headline
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the UK’s growth ambitions...
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by