Northern Trust has strengthened its global family offices team in London with two new hires to support the complex needs of ultra-high-net-worth (UHNW) families and their family offices and foundations.

John Elder has been appointed to the newly created role of managing director and senior investment advisor of multi-manager solutions and Jonathan Lidster has been appointed as a senior wealth strategist.

In his new role, Elder will be responsible for advising family offices and related family foundations on the creation, implementation and oversight of complex investment programs and solutions.

Prior to joining Northern Trust, Elder advised on and implemented business strategy, governance and practices for family offices and institutional investors and has also served as a non-executive director on the boards of various investment funds.

Lidster in his new role will be responsible for developing relationships with both existing and prospective clients, as well as increasing the awareness of Northern Trust’s wealth management solutions across EMEA.

Previously, Lidster served as an independent advisor to a Single Family Office in London, and before this he served as a co-founder and COO of Global Partnership Family Offices.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Daniel Lindley, head of Northern Trust’s global family & private investment offices group in EMEA, said: "We are delighted to welcome Elder and Lidster to the group.

"Our clients implement sophisticated investment programs, utilize multiple asset managers, require complex reporting and often work within the framework of a family office to manage and oversee a variety of financial needs and wealth transfer strategies."