Northern Trust Names Suzanne Shier Tax Strategist for Personal Financial Services

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CHICAGO--(BUSINESS WIRE)-- Northern Trust (Nasdaq: NTRS), a leading provider of financial services for individuals, families and institutions, announced today that Suzanne Shier has been named Tax Strategist for Personal Financial Services. In this role, Shier will write, speak, and provide thought leadership on federal tax issues of interest to the firm’s clients, with a special emphasis on charitable giving, trust law and tax legislation.

Suzanne Shier named Tax Strategist for Personal Financial Services at Northern Trust (Photo: Business Wire)

“Suzanne’s extensive experience in tax planning and wealth transfer will be of great value to Northern Trust’s clients,” Northern Trust Personal Financial Services President Jana Schreuder said. “In addition, Suzanne’s deep understanding of the complexities and practicalities of trust and estate administration is a perfect match with the firm’s role as a leading trust company.”

Shier, a 26-year veteran in estate planning, tax law and fiduciary administration, was a partner at Chapman and Cutler LLP where she led the firm’s Trusts and Estates Practice Group, representing individuals, charitable organizations, and corporate fiduciaries in a full range of estate planning and fiduciary administration matters.

Shier has earned numerous honors, including recognition as a Leading Estate Planning Attorney by Leading Lawyers Network. Super Lawyers magazine named her an “Illinois Super Lawyer” from 2009 to 2011. She is a fellow of the American College of Trust and Estate Counsel, and is an adjunct professor in the Master of Laws in Taxation Program at Northwestern University Law School.

In the Chicago civic community, Shier serves on the Executive Committee and the Board of Directors of Gads Hill Center, the Chicago Coalition of Women’s Initiatives in Law and as Chairperson of the Board of Directors of Chicago Scholars.

Shier earned her bachelor’s degree with distinction in economics and sociology from the University of Michigan. She has a law degree, cum laude, from the Loyola University Chicago School of Law and a master of laws in taxation from the DePaul University College of Law.

Northern Trust Personal Financial Services is a premier wealth management firm that works with high net-worth individuals, families and family offices, including 20 percent of the Forbes 400 wealthiest families. Northern Trust helps clients grow, preserve and transfer wealth, offering clients a consultative and goals-based approach to personal financial management.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2011, Northern Trust had assets under custody of US$4.2 trillion, and assets under investment management of US$644.2 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com.

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