2017 international family forum managing change - … · 2017 International Family Forum – Managing Change Northern Trust Wealth Management

2017 INTERNATIONAL FAMILY FORUM MANAGING CHANGE

Wednesday, April 19, 2017

Northern Trust 600 Brickell Avenue Miami, Florida 33131

2017 International Family Forum – Managing Change Northern Trust Wealth Management 5

SPEAKER BIOGRAPHIES

BILL BAROUSKI Deputy Chief Information Security Officer Northern Trust Wealth Management Bill Barouski is the Deputy Chief Information Security Officer at the Northern Trust Corporation. Bill assists the Chief Information Security Officer in the security of company and client information and for Northern Trust’s global business. Bill is based in Chicago. Bill has 35 years of industry experience. Prior to joining Northern Trust, Bill served as Executive Vice President and Chief Information Security Officer for the Federal Reserve System. In that role, Bill oversaw information security, including incident response, for the United State Central Bank, ensuring information security architecture, standards, policies and programs remained effective and efficient. Bill held previous roles in a number of management positions including product manager for certain Federal Reserve financial services. As product manager, he managed the Federal Reserve’s nationwide electronic payments and information delivery network, national sales and marketing strategies. Bill is a Chartered Financial Analyst, and a member of both the Investments Analysts Society of Chicago and the Information Systems Security Association of Chicago. He regularly contributes to industry publications, and participates in professional conferences associated with technology, information security, risk management, payments, and financial services. Bill earned a B.A. in finance from the University of Illinois, and M.B.A. from the University of Chicago, and a M.S. in information technology from the McCormick School of Engineering at Northwestern University.

SIMON BECK Partner Baker & McKenzie LLP Simon Beck is a partner in the Miami office and chair of the Firm's North American Wealth Management Group. He is an international tax and trust lawyer with vast experience working in the world's trust and financial centers. He was honored with the Society of Trust and Estate Planners (STEP) 2012 Founder’s Award, a recognition awarded each year to 8-10 people selected from STEP’s 18,000 members worldwide. Simon is also recognized in Chambers Global and Euromoney’s Guide to the World’s Leading Trusts and Estates Practitioners and has been named a top international wealth adviser in Citywealth's Leaders List since its inception. He is also recognized by Best Lawyers, the oldest peer-review guide for lawyers. Dual qualified in New York and England & Wales, he advises global institutions, the world’s wealthiest families, family offices, trust companies and governments. He is a leader in the use of Private Trust Companies. In addition, he regularly advises clients with regard to contentious trust matters. Simon frequently speaks on trusts, financial services and compliance issues at global wealth management and trust and estate planning conferences. Simon focuses his practice on international tax and trust planning, as well as US federal and international securities and banking regulations. He also advises financial institutions and governments on regulatory, legislative and strategy issues, and regularly conducts training sessions for executives on trust, tax, banking and securities issues. He had conducted numerous multijurisdictional reviews for clients, with regard to their banking and securities activities around the world.

Simon earned his undergraduate degree in law from the University of Bristol. He is a member of the Law Society of England & Wales, American Bar Association, Florida International Bankers Association, Society of Trust and Estate Practitioners and the New York State Bar Association.


SPEAKER BIOGRAPHIES

Mary C. Bennett Partner Baker & McKenzie LLP Mary Bennett is a tax partner in Baker & McKenzie’s Washington, DC office, where she advises both U.S. and foreign-based companies on tax policy issues and assists them with international tax planning and controversy matters. She is the Chair of the Firm’s Global Tax Policy Group. Mary has more than 35 years of international tax experience, including having served from 2005 to 2011 as Head of the Tax Treaty, Transfer Pricing & Financial Transactions Division of the OECD’s Centre for Tax Policy & Administration in Paris and earlier in her career as the Deputy International Tax Counsel of the U.S. Treasury Department. Mary has been recognized as one of America’s leading tax lawyers by Chambers USA, The International Who’s Who of Corporate Tax Lawyers, the International Tax Review’s Women in Tax Leaders, and Euromoney’s Guide to Women in Business Law and Guide to the World’s Leading Tax Advisers. Mary is a graduate of Harvard University and Columbia Law School and holds a master of laws degree in taxation from Boston University Law School.

David A. Berek Partner Baker & McKenzie LLP

David A. Berek is a partner in Baker McKenzie’s Chicago office. With nearly 30 years of experience as a lawyer and tax accountant, and a multidisciplinary approach to wealth management, he was recognized as the top private client planning professional by Family Office Review in 2015. David also teaches family office and multigenerational planning as an adjunct professor in DePaul University's wealth management graduate program.

David assists wealthy families, high net worth individuals, corporate executives and privately owned family businesses in advanced wealth planning, and devises transfer tax planning strategies for sophisticated partnerships and family office structures. His practice covers grantor trust planning, lifetime taxable transfers to generation-skipping transfer tax (GST) exempt trusts, and the utilization of self-cancelling notes, private annuities, and grantor retained annuity trusts. He also assists in creating and maintaining charitable remainder trusts, family foundations, pre-immigration planning and expatriate planning.

David earned his Bachelor of Accounting degree from DePaul University and his JD and LL.M. from The John Marshall Law School. David is a member of the American Bar Association, Illinois State Bar Association, Chicago Bar Association, Certified Public Accountant and the American College of Trust and Estate Counsel.


SPEAKER BIOGRAPHIES

DAVID DIAMOND President Northern Trust Company of Delaware David is the President of The Northern Trust Company of Delaware; a Delaware limited purpose trust company in Wilmington, Delaware. In this role, he is responsible for the oversight of Northern’s Delaware office which was opened in 2004 and now has over $23 billion of assets under custody.

Prior to managing Northern’s Delaware office, David served as the National Trust Specialist for Northern Trust. In that role he was responsible for working with clients and prospects, professional advisors, and Northern partners in developing solutions involving Northern’s Nevada and Delaware trust capabilities. With over 30 years of experience in the trust, wealth, and estate management industries, David is dedicated to serving the complex needs of those seeking expert advice on ways to leverage the most tax-advantaged jurisdictions in the United States, with the goal of preserving multi-generational wealth for high-net worth individuals and families. Prior to joining Northern, David was an attorney with Gordon, Fournaris & Mammarella, P.A. (GF&M), where he primarily focused on the unique aspects of Delaware trust law. Prior to practicing law with GF&M, David enjoyed 25 years with J.P. Morgan. There he began his career as a trust officer and ultimately served as Managing Director & President of J.P. Morgan Trust Company of Delaware. David holds a Juris Doctor degree from The University of North Carolina School of Law and an M.B.A. from The University of Miami. David also earned a Certified Financial Planning® designation and is a member of the Society of Trusts and Estates Practitioners (STEP), the Estate Planning Council of Delaware, and the Wilmington Tax Group. He is a member of the New York and Pennsylvania bars, and an Associate Member of the Delaware Bar.

GLENN FOX Partner Baker & McKenzie LLP

Glenn Fox is a partner of Baker McKenzie's Wealth Management and Tax Practice Groups in New York and a member of the Firm’s Global Tax Wealth Management Steering Committee. He is a domestic and international tax, estate planning, and tax exempt (charitable) organizations lawyer with vast experience working with families and charitable organizations from the US and overseas. Glenn is a member of the American College of Trust and Estate Counsel and of the Society of Trust and Estate Practitioners and has been recognized for ten consecutive years (2007-2016) as a New York Super Lawyer by the New York Times.

Glenn's wealth management practice focuses on the use of sophisticated wills, trusts, closely held entities, and tax exempt (charitable) entities to enable clients to bequeath and gift assets with the imposition of the least amount of transfer and income taxes. He has significant experience in dealing with closely held business interests, retirement assets, foreign assets, foreign trusts and US and foreign tax exempt organizations. He represents domestic and foreign clients with worldwide assets in estate, trust, tax and tax exempt/not-for-profit organization matters. Glenn's tax exempt/not-for-profit practice includes all elements of establishing and operating US and non-US charitable organizations that do business in the US and abroad.

Glenn earned his bachelor’s degree from Cornell University, his JD from Albany Law School and his LL.M. from New York University. He is a member of the American College of Trust and Estate Counsel, New York Chapter, Society of Trust and Estate Practitioners, International Section of the New York State Bar Association, UJA- Federation of New York Trusts and Estates Group and the New York City Bar Association.


SPEAKER BIOGRAPHIES

CECI HASSAN Partner Baker & McKenzie LLP

Ceci Hassan is a member of the Firm’s Tax Practice Group. She practices mainly in the area of global wealth management and international tax with an emphasis on trust and estate planning.

Ceci‘s practice focuses on US and international tax issues for high net worth individuals and multijurisdictional companies. She also handles general tax planning for individuals and companies.

Ceci earned her bachelor’s degree in Business Administration from the University of Florida, her JD from Loyola University Chicago School of Law and her LL.M. Taxation from the University of Florida. She is a member of the Society of Trust and Estate Practitioners, Dade County Bar Association, Florida Bar, International Tax Group of Miami and the Greater Miami Tax Institute.

DRAKE JACKMAN Managing Director, International Wealth Advisory Northern Trust Wealth Management

Drake Jackman is a Senior Vice President at The Northern Trust Company. Based in Miami, Florida, he serves as Managing Director of the International Wealth Advisory Services. In his role, he is responsible for a team of professionals who serve high net worth clients and families with comprehensive wealth management, trust and banking solutions. Drake is a member of the East Region Business Leadership Council, the Florida Leadership Council, and the “Global Family Office” Operating Group and Chairman of the Board of Northern Trust Cayman International, Ltd. Prior to joining The Northern Trust Company, Drake was the “Director de Mercados de Capital” for Bank of America de Mexico, SA based in Mexico City and subsequently a Senior Vice President and Wealth Advisor with Bank of America’s International Private Bank in San Diego and Miami until it was acquired by Banco Santander’s International Private Bank. He began his banking career in 1986 in New York with the International Corporate Finance Division of the Chase Manhattan Bank and had assignments in the Chase offices in Panama City and Mexico City. Drake earned his B.S. in Industrial Engineering from Texas A&M University in 1982 and a Masters in International Management from the University of Texas at Dallas in 1986. He also did coursework at the Universidad Javeriana in Bogota, Colombia. Drake has been a permanent resident of Miami since 2003 and is a Chartered Financial Analyst (CFA) as well as a Full Member of the Society of Trust and Estate Practitioners (TEP).


SPEAKER BIOGRAPHIES

STEWART KASNER Partner Baker & McKenzie LLP

Stewart Kasner has extensive experience in advising foreign and domestic clients on their global wealth management as well as international tax, trust, and estate planning. Stewart is Board Certified in Tax Law by the Florida Bar. He is recognized by Legal 500 as a recommended attorney in International Tax. Stewart has consistently been recognized as a leading tax attorney by Chambers and Partners, highly ranked this past year in both Florida Tax and the newly published Florida Private Wealth Law categories. He is consistently recognized in Best Lawyers in America, Florida Super Lawyers and Euromoney's Guide to the World's Leading Trusts & Estates Practitioners. He is on the Citywealth Leader's List in the International and North American categories and was nominated in 2012 for Citywealth's International Lawyer of the year award. He is ranked as one of Florida's Legal Elite by Florida Trend. He is also honored with the highest AV-rating in Martindale-Hubbell. Prior to joining the firm, he was a partner at a boutique law firm in Coral Gables, Florida, where he provided tax advice to ultra-high net worth individuals on their inbound and outbound activities. Stewart began his career in the Miami office of a New York-based national law firm, where he advised on domestic taxation matters.

Stewart routinely advises foreign and domestic clients on their cross-border investments, including real estate investments and business activities. His practice also includes forming and overseeing complex international corporate and trust structures, as well as implementing international reorganizations. Stewart drafts offshore trust instruments and advises on US fiscal information reporting, voluntary disclosures, and withholding tax compliance. He also assists in the development of offshore, US tax compliant private placement life insurance and annuity contracts.

Stewart earned his bachelor’s degree from McGill University, his JD from St. Thomas University and LL.M. from the University of Florida.

DAN LINDLEY Fiduciary Practice Lead for the Global Family Office

The Northern Trust Corporation

Dan has served as the Fiduciary Practice Lead for GFO since April 2015. As Fiduciary Practice Lead for GFO, Dan specializes in the development of wealth plans using trusts for ultra-wealthy families, particularly trusts located in Delaware, Nevada, Guernsey and Cayman. Prior to that, he was Managing Director of GFO’s business for the EMEA Region, based in London. Dan was the founding President of The Northern Trust Company of Delaware from 2005 to 2012. Before joining Northern Trust in 2005, Dan was managing director in the Estate Planning Department of U.S. Trust. Prior to that, he was in private law practice in Delaware for 25 years, and authored some of Delaware’s seminal trust legislation. Dan is admitted to practice before the Supreme Court of Delaware. He is also a member of the American Bar Association, the International Bar Association and the Society of Trust and Estate Planners. He is a frequent speaker on using trusts as a planning vehicle for U.S. and international families.

Dan earned a J.D. degree from the University of Virginia School of Law. He graduated with a B.A. degree, magna cum laude, from Williams College.


SPEAKER BIOGRAPHIES

R. HUGH MAGILL Chief Fiduciary Officer and Global Director of Trust Services Northern Trust

R. Hugh Magill is an executive vice president of Northern Trust, Chicago, where he serves as chief fiduciary officer and global director of trust services. In this capacity he is responsible for Northern Trust’s fiduciary services to clients nationally and internationally.

Prior to joining Northern Trust in September, 1989, Hugh practiced law privately in Chicago, and worked in the trust department at The First National Bank of Chicago where he served as assistant to the chief investment officer. Hugh received a BA degree from St. Olaf College in Northfield Minnesota, and a JD degree from the University of Minnesota Law School, where he was named a distinguished alumnus in 2005.

Hugh is a member of the Chicago, Illinois and American Bar Associations, the Chicago Estate Planning Council and the Christian Legal Society. He is licensed to practice law in Illinois and Minnesota and admitted to practice before the United States Tax Court. He is a Fellow of the American College of Trust and Estate Counsel and a faculty member of the American Banker’s Association National Trust School. Hugh has lectured for the American College of Trust and Estate Counsel, The Heckerling Institute, The Notre Dame Institute, the Northwestern University Center for Family Enterprise, regional bar associations and estate planning councils and Northern Trust on estate and charitable planning, trust management, family governance and fiduciary risk management.

He is a trustee of the Covenant Board of Pensions and Benefits, and he serves on the boards of the Block Museum of Art, Ministry Mentors, The Chicago Sunday Evening Club and several foundations. He serves on the Editorial Board of Trusts & Estates magazine and has authored articles for Trusts & Estates, Trust & Investments and Wealth magazines.

JIM McDONALD Chief Investment Strategist Northern Trust

Jim McDonald is an Executive Vice President and the Chief Investment Strategist for Northern Trust. In addition, he chairs the Northern Trust Tactical Asset Allocation Committee, is a member of the Investment Policy and Private Equity Investment Committees, and is trustee of the Northern Trust Alpha Strategies and Equity Long/Short Strategies Hedge Funds. Prior to joining Northern Trust in 2001 as the Director of Equity Research, Jim was Director of Equity Research at ABN AMRO in New York and Chicago (1994-2000) and Equity Research Analyst at ABN AMRO following the Environmental Services Industry (1990-1994). He started his professional career in 1981 with Arthur Andersen & Co. in Detroit. Jim earned a BBA from the University of Michigan and an MBA degree with high distinction from Babson College. He is a member of the CFA® Society of Chicago and a registered CPA in the State of Michigan.


SPEAKER BIOGRAPHIES

ROBERT H. MOORE Partner Baker & McKenzie LLP

Robert Moore is a partner in the Firm’s North America Tax Practice Group (NATPG). He advises U.S. and foreign-based multinational corporations in connection with international tax planning and global tax projects including intangible property migration, corporate reorganizations, supply and distribution chain restructuring, and financing strategies. In addition, he advises on Foreign Investment in Real Property Tax Act (FIRPTA) and treaty-related issues for foreign clients investing or doing business in the U.S. Also as part of his practice, Robert has represented clients in tax controversy cases. Robert serves on the Best Practice Committee for the NATPG and formerly served on the steering committee of the Tax Planning and Transactions sub-practice group, the largest sub-practice group within the NATPG, and is an editor of the North America Tax Practice Group’s Tax News & Developments. He received the Firm’s “Outstanding Pro Bono Volunteer Award” in 2005, 2009, 2010, 2012, 2013 and 2014 for his work with numerous organizations and continues to be actively involved with several pro bono initiatives as part of his practice. In 2013, he was recognized as one of the Daily Business Review's "40 Under 40 Rising Stars" and was a finalist in the Daily Business Review's "Most Effective Lawyer" contest.

Robert’s practice is focused mainly in the areas of general tax planning, wealth management, supply chain tax management, tax for M&A and reorganizations, tax controversy and litigation, and transfer pricing.

Robert earned his bachelor’s degree from Duke University, his JD from the Southern Methodist University School of Law and his LL.M from the University of Florida. He is a member of the Florida International Bankers Association, International Fiscal Association, Florida Bar, State Bar of Texas and American Bar Association.

BILL MORRISON Vice Chairman Northern Trust Corporation William L. Morrison is Vice Chairman of Northern Trust Corporation.

Prior to his current role, he served as President from 2014-2016. He served as President & Chief Operating Officer from 2011-2014. He served as Executive Vice President & Chief Financial Officer from October 2009 to October 2011. From 2003 through 2009 he served as President of Personal Financial Services and Chairman of Northern Trust, NA. From 1996 to 2003 he served as Chairman, President and Chief Executive Officer of Northern Trust Bank of Florida, and President and a Director of Northern Trust of Florida Corporation. Prior to joining Northern Trust Bank, Bill was President and a Director of Intercontinental Bank until it was acquired by NationsBank in December, 1995. He began his banking career in 1973 with Pan American Banks, Inc. and held various positions including Senior Vice President in Corporate Banking and Executive Vice President for Corporate Lending. Pan American Banks, Inc. was acquired by NCNB National Bank of Florida in December, 1985. Bill received his B.S. in Finance from the University of Pennsylvania, Wharton School in 1973. Bill was a resident of Miami from 1973 to 2010. He currently serves on the Board of Trustees of the University of Miami, as a Trustee of the New World Symphony, the National YoungArts Foundation, and is a former Chairman of the Board of Palmer Trinity School in Miami, where he continues as a Board Member. He is also a Board Member of Museum of Science & Industry, and the University of Chicago Medical Center.


SPEAKER BIOGRAPHIES

ANA NUNEZ Senior Vice President International Wealth Advisory Northern Trust Wealth Management Ana M. Nunez is a Senior Vice President, in the International Wealth Management division. She is responsible for providing broad-based private banking solutions to international clients including specialized lending services. Ana has over 25 years of banking experience. Prior to assuming her current responsibilities in October 2013, she served as Managing Director of Private Client Advisory in Miami overseeing sales and service teams located throughout the county. Ana was Managing Director of the Key Biscayne office from 2004 to 2009, and joined Northern in 1999 as a Private Banker / Lender.

Prior to joining Northern Trust, Ana was Vice President and Manager of the Key Biscayne Financial Center for Citibank, FSB for six years. She began her career in the Management Training program at SunTrust Bank in 1985. During her time there, she held various positions in International Trade Finance, Corporate Banking, New Business Development, and Private Banking.

Ana earned a BS degree in Financial Management from Clemson University. She holds NASD Series 7 and 63 Securities Licenses.

Ana served as chairman of the United Way Women’s Leadership Executive Council for two consecutive years and is currently a Trustee. She also served on the Board of the Crohn's and Colitis Foundation of America, Florida Chapter, and is past president of the Key Biscayne Chamber of Commerce. She is active in her local community serving on the board of St. Agnes Academy, as well as the Key Biscayne Yacht Club.

CLAUDIA SANGSTER Director of Family Education & Governance Services Northern Trust Wealth Management

Claudia B. Sangster is the director of family education and governance in Wealth Management at Northern Trust. In this role she designs the firm’s advisory capabilities in financial education, family decision-making and relationships around money and wealth. Claudia collaborates with clients, their advisors and wealth planning partners in identifying and establishing appropriate educational programs and governance structures for multi-generational families in order to prepare family members to steward the wealth, to enhance family unity and to help sustain all aspects of the family’s capital – financial, intellectual, human and social. She works with families to create their legacy of wisdom, wealth and giving through multiple generations.

Claudia has over 30 years of experience in advising individuals and families in financial education, family governance and philanthropy. Prior to joining Northern Trust, Claudia was with CTC | myCFO, where she served as the director of philanthropy, estate and trust services. She was also instrumental in establishing the Harris myCFO Foundation, and its successor, the BMO Charitable Fund Program, a donor-advised fund sponsored by the National Philanthropic Trust for clients seeking a simple, tax efficient vehicle for their philanthropic giving.

Claudia earned a bachelor’s degree, summa cum laude, from Pepperdine University, and a JD, magna cum laude, from the University of Houston, College of Law. She is a Founding Partner of Social Venture Partners in Los Angeles, current Board Chair of the Associated Women for Pepperdine, current board member of the Prostate Cancer Research Institute of Los Angeles, Advisory Board member of the Preston Robert Tisch Brain Tumor Center at Duke University Medical Center and Chairperson of the Board of Trustees of the Nicholas Endowment.


SPEAKER BIOGRAPHIES

SUZANNE L. SHIER Chief Wealth Planning and Tax Strategist Northern Trust Wealth Management

Throughout Suzanne’s more than 30 year career she has worked closely with her clients developing wealth planning solutions tailored to their particular circumstances. Prior to joining Northern Trust, Suzanne spent 26 years as a partner at Chapman and Cutler LLP in Chicago, ultimately leading the firm’s Trusts and Estates practice, representing individuals, charitable organizations and corporate fiduciaries in a full range of wealth planning, tax and fiduciary matters. Suzanne is a Fellow of the American College of Estate and Trust Counsel, an Academician of The International Academy of Estate and Trust Law and an adjunct professor in the Tax Program at Northwestern University Pritzker School of Law.

Suzanne’s expertise is in wealth planning and tax policy. She places special emphasis on strategies, legislation, trends and developments in these areas, focusing on how they may impact clients and their families.

Suzanne graduated from the University of Michigan with a bachelor’s degree with distinction in economics and sociology. She received her law degree, cum laude, from Loyola University Chicago School of Law, and a master of laws in taxation (LL.M.) from the DePaul University College of Law.

Suzanne is passionate about providing access to higher education and career mentoring. She has served on the Boards of Directors and Executive Committees of Gads Hill Center, the Chicago Coalition of Women’s Initiatives in Law, and Chicago Scholars, a college access program for high potential urban students, and she is a Trustee and member of the Executive Committee of Hope College.

Abrahm Smith Partner Baker & McKenzie LLP Abrahm Smith works in the Firm’s Tax Practice Group, and practices mainly in the area of general tax planning. He is a recipient of the Chair’s Special Merit Award from The Tax Section of the Florida Bar. Admitted to practice in Florida in 2003, Abrahm served as chair of the Federal Tax Division and the New Tax Lawyers Committee. Abrahm has also engaged in pro bono work on behalf of the Florida Bar Tax Section before the US Supreme Court.

Abrahm routinely works on all facets of tax planning. He counsels multinational and domestic corporations, as well as pass through entities, on inbound and outbound tax planning. His practice also includes advising on FIRPTA as well as treaty and withholding tax. Abrahm likewise assists clients with subpart F issues and in the preparation of operating agreements and other corporate agreements.

Abrahm earned his bachelor’s degree from Brigham Young University, his JD from University of Arkansas at Little Rock, and his LL.M. from the University of Florida. He is a member of the Florida Bar Association.


HOSTS

Alexander Adams Senior Market Executive of Miami-Dade County Northern Trust Wealth Management Alexander Adams is a Senior Vice President at Northern Trust and Senior Market Executive of Miami-Dade County. In this position he is responsible for sourcing and managing the investment management, trust and estate planning, private and business banking and financial consulting business for clients serviced by his Wealth Advisory Team.

Previously, Alex was Managing Director for the Personal Client Service Team in Miami, Florida. Prior to this role, he was responsible for managing the Private Banking and the Commercial Banking groups for Northern Trust and earlier he was the Managing Executive of the Key Biscayne office. Alex joined Northern Trust in April 1995 as a Private Banker in the Brickell Office. Prior to joining Northern Trust, Alex spent his first five years of banking with First Union National Bank as a Commercial Lender and later he spent two years with Citibank as a Private Banker and a Branch Manager.

Alex earned his Bachelor of Science degree and MBA from the University of Miami. He is a Certified Professional Wealth Advisor (CPWA), Series 7, 63. Alex has also been involved with several civic and not-for-profit organizations and is active as a trustee of the United Way of South Florida, Make A Wish Foundation of South Florida, Big Brothers Big Sisters, Belen Jesuit Preparatory School, Miami Science Museum, University of Miami's President's Council and Ronald McDonald House Charities.

John D. Fumagalli President of Florida Northern Trust Wealth Management John D. Fumagalli is President of the Florida Region of Northern Trust. In this position John has responsibility for managing the company’s investment management, trust and estate planning, private and business banking and financial consulting business in Florida. John was promoted to Executive Vice President of Northern Trust in February 2016. Prior to his role, Fumagalli served as President for the Southwest Florida region, as well as regional head of West Florida, with responsibility for all banking, trust and investment activities for the west coast of Florida. John joined Northern Trust in Chicago as a Second Vice President in 1989. He was named Vice President in 1992 and a Senior Vice President in 1999. While in Chicago, he served as the Managing Director of Northern’s Oak Street Financial Center and was responsible for the Northwestern Memorial Financial Center. In 2001, John was appointed President and CEO of the Saint Louis Financial Center. In 2005, John assumed responsibility for the Southwest Florida Region. In 2011, John was appointed Regional President of West Florida, directly responsible for all activities on the west coast of Florida. Bringing over 25 years of experience in commercial and private banking, John earned a B.A. Degree in Economics in 1983 from The College of the Holy Cross in Worcester, Massachusetts, and a Master’s degree in Business Administration in 1997 from the J.L. Kellogg School of Management at Northwestern University. John is past Chair of the Foundation Board for Florida Gulf Coast University. John is a member of The Board of directors for The Beacon Council, Florida House, The Miami Foundation, and the Perez Art Museum Miami. John serves as a Trustee for Palmer Trinity School and is on the Council of Advisors for Imagine Solutions.


HOSTS

Stephanie E. Goforth Regional Sales and Marketing Leader for the East Region Northern Trust Wealth Management Stephanie has over 30 years of wealth management and sales experience. Prior to joining Northern Trust in 2005 she sharpened her financial management, sales, and marketing skills at Bank of America, SunTrust Bank and First Florida Bank (Barnett Bank). Stephanie is the Regional Sales and Marketing Leader for the East Region. She works with our teams located in offices from Boston to Miami, as well as our international business practice. Her extensive market sales experience, leadership skills, and banking business acumen will help develop Northern Trust’s growth in the East Region’s nascent markets and cultivate business in the established markets. She earned her B.A. degree in business management from the University of South Florida. She holds board positions with John Hopkins All Children’s Hospital, St. Petersburg, Florida; University of South Florida, Tampa, Florida; Conservancy of Southwest Florida, Naples, Florida; and Naples Botanical Gardens, Naples, Florida.

Edward J. Joyce Chief Fiduciary Officer of the East Region Northern Trust Wealth Management

Edward J. Joyce is Chief Fiduciary Officer of the East Region at The Northern Trust Company. He is responsible for providing fiduciary governance, risk management oversight, and support for Trust Advisors in the East Region. Ed joined Northern Trust in 1984. He served as Manager of Estate and Trust Administration for Dade and Broward counties until 2003. He then became Chief Fiduciary Officer for the Southeast Region and held this position until 2007 when he was promoted to Managing Director, overseeing a team of wealth management professionals. Ed was named Northern Trust’s President of Miami-Dade County in 2009 and became President of the South Florida Region in 2011 to September 2014. In October 2014, he was appointed Chief Fiduciary Officer of the East Region. Ed earned his bachelor’s degree in Business Administration from Miami University in Oxford, Ohio in 1981.


HOSTS

Michael Patti Senior Vice President, Senior Wealth Strategist Northern Trust Wealth Management Michael Patti is a Senior Wealth Strategist at Northern Trust, and serves significant families from our Miami offices. As a Senior Wealth Strategist his primary responsibility is to develop customized financial solutions to meet the unique and complex needs of new and existing clients by leveraging Northern Trust’s expertise in asset management, family office services, trust services, family governance, financial planning, credit and technology.

Michael’s practice is concentrated on significant business groups in Central America, South America, and the Caribbean. His clients seek advice in areas such as investment management, asset servicing and global custody, aggregation, online reporting, tax and estate planning, insurance, directed trusts, performance analytics, and family education.

Michael joined Northern Trust as a Wealth Strategist in 2000. Prior to joining Northern, Michael spent 19 years with SunTrust Bank. He graduated from the Management Program at SunTrust Bank, and held positions in Corporate Banking, Correspondent Banking, International Lending and Trade Finance, and Commercial Lending. He was the senior executive of Private Banking in Miami, and was senior lender of various market groups in Dade County.

Michael received his B.A. in Accounting from the University of Wisconsin/Madison. He subsequently served for 3 years as a Peace Corp. volunteer in the business program in Colombia, South America and was associated with La Corporacion Financiera Popular.

Michael speaks English and Spanish.

Jacobo Schatz Chief Operating Officer and Director of Strategic Planning for Wealth Management Northern Trust Wealth Management Jacobo Schatz is a Senior Vice President. He is the Chief Operating Officer and Director of Strategic Planning for Wealth management at Northern Trust. In this role, Jacobo works on a wide range of projects. He is responsible for the five-year Strategic Plan, mergers and acquisitions, as well as leading the execution of key value-add initiatives. Jacobo has been working with Northern Trust for 10 years. He joined the company back in April of 2006. Prior to his current role, he served as the Chief Financial Officer for Wealth Management and served as the Wealth Management lead for the Driving Performance Business Unit led initiatives that drove a significant increase in pre-tax profitability for the corporation (more than $100 million of annual, recurring pre-tax income). Jacobo is a member of the FTV Capital Advisory Board. FTV Capital invests in high-growth companies with innovative solutions with offices in San Francisco and New York. Prior to joining Northern Trust, Jacobo served as Director of Strategy and Financial Planning for PepsiCo’s Quaker, Tropicana & Gatorade Division based in Chicago. While at PepsiCo, Jacobo was responsible for the Strategic Planning and Financial Planning & Analysis of this $8 billion Revenue division. Jacobo had different roles supporting the Gatorade and Quaker brands with responsibilities for domestic and international projects including Latin America, Europe and Asia. Jacobo initiated his professional career working for the Quaker Oats company in Mexico City. While in Mexico, Jacobo worked for the Information Technology team. Jacobo has lived in Mexico, Israel and the United States. Jacobo earned an M.B.A. from the Kellogg School of Management at Northwestern University and a Bachelors in Science from the Instituto Tecnologico de Estudios Superiores de Monterrey. Jacobo currently serves as executive council member of the Cara Program.

Documents

2017 international family forum managing change - … · 2017 International Family Forum – Managing Change Northern Trust Wealth Management