MIAMI--(BUSINESS WIRE)--
Northern Trust has promoted Rick Fernandez to Managing Director of one of its Wealth Advisory teams in its Miami office, and has hired Xavier Martinez as Senior Portfolio Manager within that team.
Fernandez, who joined Northern Trust in 2002, has responsibility for overseeing a team of professionals who serve high net worth clients and families with comprehensive wealth management services incorporating investment management, trust, and banking solutions.
Martinez will be directly reporting to Fernandez. He most recently served as Chief Investment Officer for Coconut Grove Bank, and immediately prior to that spent nine years with Fiduciary Trust International, where he managed high net worth client portfolios for more than nine years as Managing Director of Investments.
Alexander Adams, Northern Trust Senior Market Executive for Miami-Dade County, said, “These moves greatly strengthen our team, as Xavier brings to us deep expertise and experience in the precise type of clients we serve, while Rick’s extensive experience meeting our clients’ complex needs makes him extremely qualified to lead our talented team of professionals.”
Fernandez earned his MBA from the Darden Graduate School of Business at the University of Virginia, and his BBA in Finance from Florida International University. He is a Certified Private Wealth Advisor (CPWA). He is a Director of Make-A-Wish Southern Florida.
Martinez received a Bachelor of Science degree in Civil Engineering from Tulane University where he graduated Magna Cum Laude, and earned a Juris Doctor degree with honors from Duke University School of Law, where he was honored as a member of the Order of the Coif. He is a Chartered Financial Analyst (CFA). He is the President of the College Assistance Program, Inc. and the Secretary of the Board of Advisors for Belen Jesuit Preparatory.
Northern Trust’s Miami office is located at 600 Brickell Avenue, Miami, Florida.
About Northern Trust Wealth Management
Northern Trust Wealth Management specializes in Goals Driven Wealth Management backed by innovative technology and a strong fiduciary heritage. Northern Trust Wealth Management is ranked among the top 10 U.S. wealth managers, with $248 billion in assets under management as of December 31, 2016, and a wide network of wealth management offices across the United States.
The Northern Trust Company is an Equal Housing Lender. Member FDIC.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 22 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2016, Northern Trust had assets under custody of US$6.7 trillion, and assets under management of US$942 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.
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