We offer our Global Family Office clients the dedicated focus of a boutique advisor combined with the deep resources of a global investment manager.
The Global Family & Private Investment Offices Investment Offices (GFO) Advisory Practice is a results-oriented team who partners with our clients as an extension of their office and staff. Our solutions allow our clients to access our best investment opportunities across multiple vehicles and strategies, which are delivered by a highly motivated and focused team of professionals.
Our dedicated practice within GFO manages and advises on nearly $100 billion1 in client assets, and leverages investment resources and expertise from across Northern Trust's Wealth Management and Asset Management business units to meet our clients' needs.
1Source: Northern Trust, Multi-Manager Solutions, data as of 12/31/2017.
2As of 12/31/2017. Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Global Investments Japan, K.K, Northern Trust Global Advisors Inc., 50 South Capital Advisors, LLC and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
350 South Capital is a wholly-owned, non-banking subsidiary of Northern Trust Corporation.
4Certain affiliates of Northern Trust may be utilized in providing investment management services, including Northern Trust Investments, Inc. and 50 South Capital Advisors, LLC, which are registered under the Investment Advisers Act of 1940.
Caroline Devlin is the Global Family Office (GFO) Investment Management Practice Lead in Northern Trust Asset Management. Caroline oversees the delivery of investment advice, solutions and thought leadership specifically targeted to meet the unique needs of GFO clients through dedicated investment teams.
Prior to this role, Caroline held leadership positions in the Wealth Management GFO business, including most recently as GFO Head of Client Advisory – North America where she oversaw the relationship management teams who deliver solutions across custody, trust, investment management and banking. Caroline was also GFO Director of International Solutions with responsibility for international expansion strategic planning and execution.
Previously, Caroline was Head of Wealth Management Strategy with a focus on growing the international business as well as overall strategic planning. From 2009 to 2011, Caroline was Head of Corporate Strategy at Northern Trust and was responsible for the coordination of strategic planning and corporate development activity for the Company globally.
Previously, Caroline served as an Investment Relationship Manager in Asset Management for institutional clients and was a Lead Relationship Manager in Wealth Management for business owners and entrepreneurs.
Prior to joining Northern Trust, Caroline was a Vice President at J.P. Morgan in the investment banking client coverage group. She began her career as a Financial Analyst and Associate at J.P. Morgan's predecessor firms, Chemical Securities Inc. and Chase Securities Inc.
Caroline received a B.A. degree in economics and political science from Northwestern University. Caroline is on the Board of Directors of Midtown Educational Foundation and a member of the Metro Advancement Council of the Metro Achievement Center in Chicago.
Lincoln S. Ellis is a Senior Investment Strategist in Northern Trust's Multi-Manager Solutions practice. In this capacity, Lincoln works with Client Investment Officers and their families to review and refresh the investment environment and landscape.
Lincoln began his investment career at Morgan Stanley & Co in the late 1990s spending time with a number of different business units and ultimately acting as the Chief Investment Officer for a team of three with 20 relationships and close to $2 billion dollars in AUM/AUA.
Since leaving Morgan Stanley in 2005, Lincoln formed his own advisory practice, Astor Janssen, where he advised wealthy families, single and multi family offices as well as institutions on asset allocation, risk management, manager due diligence and investment vehicle creation. He was portfolio manager for a multi-manger fund of funds in the commodity space named Poplar Jackson and more recently has run the proprietary Global Macro and Fixed Income investment vehicles at Astor Janssen. Lincoln has advised or managed over $8 billion over the course of his firm’s work.
Lincoln earned his masters degree in Political Science in 1996, the same year he completed his PhD coursework – also in politics. He also holds a Bachelors degree in Political Science from Valparaiso University in Indiana.
Sally N. Giegerich is a Senior Vice President at the Northern Trust Company, Chicago. She serves as a Senior Portfolio Manager in the Global Family & Investment Offices group, where she is responsible for the design, implementation and management of investment portfolios for high net worth clients. She also serves as a Senior Investment Officer, managing a team of portfolio managers and investment associates. She is a member of Northern Trust's Investment Advisory Committee.
Sally joined Northern Trust in 1991 as an Investment Associate in the Personal Investment Management Group. She became a Portfolio Manager in 1993 and spent two years, from 1998 to 2000, in the Naperville, IL office, where she was actively involved in expanding the investment management business. She was named an Officer in 1994, a Second Vice President in 1998, a Vice President in 2000, and a Senior Vice President in 2010.
Sally has obtained the Chartered Private Wealth Advisor (R) designation. She holds a B.S. degree in Finance from the University of Illinois, Urbana, and a M.B.A. degree in Finance and Marketing from DePaul University. Sally is a member of the CFA Institute, the CFA Society of Chicago, and the Investment Management Consultants Association. She is past Chair of the Board of Directors of Joliet Catholic Academy and heads its Investment Committee.
Mark Maly, CFA, CAIA
Mark R. Maly is a Senior Vice President at The Northern Trust Company, Chicago. He leads the GFO Advisory Practice within Northern Trust Asset Management - focused exclusively on Global Family Office clients (ultra high net worth families and private foundations). In his role, Mark serves as a team leader and practitioner where he works directly with clients, providing professional multi-manager investment programs. This includes the development of investment policies, asset allocation recommendations, investment manager search, selection and oversight, portfolio construction, and ongoing monitoring and continuous improvement in investment programs. Mark brings 27 years of experience to the Asset Management team.
Before joining Northern Trust in 2006, Mark was a Principal in Research at Mercer Investment Consulting in which he ran the Small and Mid Cap manager research for North America. In addition to Mark's primary responsibilities at Mercer, he was also active in researching International and Alternative Asset strategies. Prior to Mercer, Mark was a Vice President and Portfolio Manager at Merrill Lynch Investment Managers, managing, along with a team of three members, a large/mid cap portfolio with assets totaling close to $1.5 billion.
Mark's previous experience also includes working on the Quantitative Equity portfolio construction team at Bank One along with six years at PaineWebber/UBS in which he constructed portfolios for High Net Worth clients. Mark's career started at Lehman Brothers in the Merchant Banking Division.
Mark received his B.B.A. degree in Finance from the College of St. Francis graduating with honors and his M.B.A. degree with a concentration in Finance from Loyola University. Mark is a member of the Investment Analyst Society of Chicago and CFA Institute and is a CAIA (Chartered Alternative Investment Analyst) charter holder.