Wintrust to buy Northern Trust guardianship unit with $1.2B AUM

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Go back to Wintrust to buy Northern Trust guardianship unit with $1.2B AUM

Wintrust to purchase Northern Trust guardianship services business

July 6, 2026 4:21 PM EDT

CHICAGO, July 06, 2026 (GLOBE NEWSWIRE) -- Northern Trust Corporation (NASDAQ: NTRS) and Wintrust Financial Corporation (NASDAQ: WTFC) today announced that Wintrust Private Trust Company, N.A., has entered into an agreement to purchase the guardianship services business of Northern Trust. The transaction is expected to close later this year. Terms of the transaction were not disclosed.

Guardianship services are provided to individuals who are legally unable to manage their own affairs due to disability, age or incapacity. A corporate fiduciary is often appointed by the courts to serve... More