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10 Banks That Serve Only Richest Families In The World

Monday, 18 November 2013, 15:59 IST
By SiliconIndia
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2. Northern Trust
Number Of Families
: 3,457
Assets Under Advisements
: $112.0 Billion
Overall Rank
: 2



Headquartered in Chicago, Northern Trust is an American international financial services company that provides investment management, asset and fund administration, fiduciary and banking services through a network of 85 offices in 18 U.S. states and 17 international offices in North America, Europe and the Asia-Pacific region.



In the mid of 2013, the bank had an asset of $5.0 trillion under custody and $803.0 billion in assets under management. It was recognized



3. Bessemer Trust
Number Of Families
: 2,200
Assets Under Advisements
: $77.9 Billion
Overall Rank
: 3



Bessemer Trust is a privately owned wealth management and investment advisory firm that is headquartered in New York City. Unlike other banks this financial institutions concentrates mainly on high-net-worth families, their foundations and endowments.



Bessemer Trust manages to have more than $75 billion assets and provides an integrated and a planned approach to the various investments, tax, legacy planning and philanthropic needs of its super-rich clients.



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