{
  "crd_number": 105780,
  "slug": "northern-trust-investments-incorporated-chicago-il-105780",
  "primary_business_name": "NORTHERN TRUST INVESTMENTS, INCORPORATED",
  "legal_name": "NORTHERN TRUST INVESTMENTS, INCORPORATED",
  "dbas": [
    "NTI, INC."
  ],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1988-11-25",
  "years_registered": 37,
  "period": "2026-10-01",
  "filing_date": "2026-06-15",
  "carried_forward": false,
  "raum_total": 1245248223540.0,
  "raum_discretionary": 1245248223540.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 662,
  "advisory_employees": 219,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 38862786894.0,
      "count": 1347
    },
    "individuals": {
      "raum": 8810144191.0,
      "count": 20223
    },
    "insurance_companies": {
      "raum": 46341438822.0,
      "count": 75
    },
    "investment_companies": {
      "raum": 294532798980.0,
      "count": 104
    },
    "pension_profit_sharing": {
      "raum": 110575136788.0,
      "count": 330
    },
    "high_net_worth_individuals": {
      "raum": 94545125671.0,
      "count": 15055
    },
    "pooled_investment_vehicles": {
      "raum": 509360651988.0,
      "count": 237
    },
    "corporations_other_businesses": {
      "raum": 111900641484.0,
      "count": 3627
    },
    "sovereign_wealth_foreign_official": {
      "raum": 30319498722.0,
      "count": 29
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 5,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://flexshares.com",
    "https://linkedin.com/COMPANY/NORTHERN-TRUST-ASSET-MANAGEMENT",
    "https://linkedin.com/company/flexshares",
    "https://northerntrust.com",
    "https://ntam.northerntrust.com",
    "https://ntaminvestmentinstitute.com",
    "https://treasury-management.com/companies/northern-trust-asset-management",
    "https://twitter.com/NTINVEST?LANG=EN",
    "https://youtube.com/@flexsharesexchangetradedfu4",
    "https://youtube.com/northerntrustassetmanagement"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105780",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/northern-trust-investments-incorporated-chicago-il-105780",
  "display_name": "Northern Trust Investments, Incorporated",
  "summary": "Northern Trust Investments, Incorporated is an SEC-registered investment advisory firm in Chicago, IL, registered since 1988, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 15, 2026.",
  "citation": "AdvisorCensus. Northern Trust Investments, Incorporated (CRD 105780): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)",
    "Publication of periodicals or newsletters",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Northern Trust Investments, Incorporated compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Northern Trust Investments, Incorporated reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Northern Trust Investments, Incorporated located?",
      "a": "Northern Trust Investments, Incorporated's principal office is in Chicago, IL, according to its Form ADV; the July 2026 filing also lists 8 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Northern Trust Investments, Incorporated registered with the SEC or a state?",
      "a": "Northern Trust Investments, Incorporated is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 105780."
    },
    {
      "q": "How much does Northern Trust Investments, Incorporated manage?",
      "a": "Northern Trust Investments, Incorporated reports $1,245,248,223,540 in regulatory assets under management in its Form ADV filing dated June 15, 2026 (100% discretionary)."
    },
    {
      "q": "How have Northern Trust Investments, Incorporated's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Northern Trust Investments, Incorporated: Regulatory assets under management: $1,026,522,462,807 in the October 2021 data and $1,245,248,223,540 in the October 2026 data, up 21%. Total employees: 615 in October 2021 and 662 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Northern Trust Investments, Incorporated serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (20,223); high net worth individuals (15,055); corporations or other businesses not listed above (3,627)."
    },
    {
      "q": "Which custodians does Northern Trust Investments, Incorporated use?",
      "a": "Northern Trust Investments, Incorporated's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Northern Trust Company (affiliated with the firm) as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Northern Trust Investments, Incorporated report any disciplinary disclosures?",
      "a": "Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105780"
    },
    {
      "q": "What changed in Northern Trust Investments, Incorporated's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1026522462807.0,
      "total_employees": 615,
      "filing_date": "2021-09-27"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1183120392585.0,
      "total_employees": 550,
      "filing_date": "2022-06-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 902656985580.0,
      "total_employees": 726,
      "filing_date": "2023-09-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1016556943580.0,
      "total_employees": 674,
      "filing_date": "2024-07-02"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1114770223733.0,
      "total_employees": 674,
      "filing_date": "2025-06-18"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1245248223540.0,
      "total_employees": 662,
      "filing_date": "2026-06-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 200 to 219.",
        "Regulatory assets under management went from $1,114,770,223,733 to $1,245,248,223,540 (+12%).",
        "Changed its office addresses in Dallas, TX.",
        "Changed its office addresses in New York, NY.",
        "Added an office in Amsterdam."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "The Northern Trust Company",
      "name_as_filed": "THE NORTHERN TRUST COMPANY",
      "affiliated": true
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/northern-trust-investments-incorporated-chicago-il-105780.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 20223,
      "fewer_than_5": false,
      "raum": 8810144191.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 15055,
      "fewer_than_5": false,
      "raum": 94545125671.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 104,
      "fewer_than_5": false,
      "raum": 294532798980.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 237,
      "fewer_than_5": false,
      "raum": 509360651988.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 330,
      "fewer_than_5": false,
      "raum": 110575136788.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1347,
      "fewer_than_5": false,
      "raum": 38862786894.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 75,
      "fewer_than_5": false,
      "raum": 46341438822.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 29,
      "fewer_than_5": false,
      "raum": 30319498722.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 3627,
      "fewer_than_5": false,
      "raum": 111900641484.0
    }
  ],
  "disclosure_line": "Reports 5 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105780",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}