Northern Trust Appoints Rick Fernandez to Lead Washington, D.C. Wealth Management Business

(Source:Linkedin)

Northern Trust, a leading provider of asset servicing, yesterday announced the promotion of Rick Fernandez as president of the Washington, D.C. market and a member of the Mid-Atlantic Region Leadership Team. 

In his new role, Mr Fernandez will oversee the wealth management business in the Washington region including Virginia and Maryland. Furthemore, he will be responsible for leading the Washington, D.C. team in the delivery of holistic advice, superior client service and the pursuit of building on the accelerated growth of the wealth management business in the region.

Mr Fernandez boasts 25 years of experience across the investment management and commercial banking segments. As seen on his Linkedin profile, Mr Fernandez joined Northern Trust in May 2002, and he most recently served as Senior Managing Director and Senior Vice President. Prior to joining Northern Trust, Mr Fernandez served as Assistant Vice President at SunTrust Bank from July 1995 to July 2000. Mr Fernandez's career began at PaineWebber, where he spent for more than 1 year.

“Rick brings extensive wealth management experience, a depth of business acumen, proven leadership skills and a unique perspective as a veteran trust, estate and wealth planning advisor. His perspective will be invaluable in developing and implementing practical, goals-based solutions for our most complex clients,” said Brett Rees, President of the Mid-Atlantic Region. “Rick’s knowledge and expertise complement our existing advisors dedicated to serving the financial needs of corporate executives, entrepreneurs, family businesses, and multi-generational families.”

​As Fazzaco reported earlier, Northern Trust has announced the promotion of Leon Stavrou​ as its new head of its business in Australia and New Zealand, effective 1 October.