Great History, Some Risks to the Future - Anonymous employee Northern Trust Employee Review

3.0
Nov 15, 2013
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great legacy of being the safe place for investors. The firm is stable and many employees have been here for years.

Cons

Company has fallen far behind competitors in technology. To some extent the firm is riding on its laurels. Also, the "care for customers first" culture seems to becoming eroded by a brokerage mentality of sell all the time and getting new business and revenues is the only thing that matters. If this becomes more pervasive, the franchise is in serious danger, especially given the lack of investment in systems. And, it's a bank. Senior people get paid pretty well, everybody else, not so much. Good place to have on your resume. Career advancement will require changing employers.

Explore other reviews about Northern Trust

5.0
Jun 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Good benefits and a lot of time off

Cons

Hours are not the best in my department

3.0
Jul 19, 2026
Recommend
CEO approval
Business Outlook

Pros

Interesting work helping clients grow their business. Promoted several times (it took a while). Most roles worked with many areas at the firm so it provided a holistic view of the organization, which was great.

Cons

Some managers created a difficult work environments. Those partners are no longer at the firm...but neither am I along with some talented people who left or were part of one of the a RIFs.

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