Northern Trust Appoints John Donahoo as Senior Managing Director

(Source:Linkedin)

Northern Trust, a leading provider of asset servicing, yesterday announced the appointment of John Donahoo as its Senior Managing Director of the Northeast Florida market.

In his new role, Mr Donahoo will lead a team of seasoned professionals who serve high net worth families, endowments, and foundations with comprehensive wealth management services in Northeast Florida. He will report to East Florida Region President Michael J. Bracci.

Mr Donahoo brings with 25 years' experience in banking, investing and wealth management. As seen on his Linkedin profile, Mr Donahoo joined Northern Trust from Wells Fargo, where he served as Managing Director from May 2017 to August 2021. Before this role, he was a managing director and wealth advisor with U.S. Trust/Bank of America Private Bank. He left the bank after spending more than 23 years.

"Northern Trust has had a presence in Florida for 50 years, and Northeast Florida is a key, fast-growing market," Bracci said. "John is a trusted advisor and highly-skilled director, and we are pleased to add his expertise to our wealth management team."

As Fazzaco reported earlier, Northern Trust has announced the promotion of Rick Fernandez​ as president of the Washington, D.C. market and a member of the Mid-Atlantic Region Leadership Team.