Northern Trust, the Chicago-headquartered financial services group, has just made a number of leadership changes to its wealth management division, following other appointments made last month. 

Northern Trust Wealth Management has named Dino De Vita as president of Global Family and Private Investment Offices (GFO), and Marc Cosentino as West region president of Northern Trust Wealth Management.

The appointment follows a range of leadership changes last month across the top of Northern Trust in roles affecting asset servicing, wealth management and the family offices business. See more commentary here.

De Vita now leads a global team of more than 300 professionals who provide advice and services to Northern Trust’s client base. GFO works with over 500 ultra-high net worth individuals and their family offices around the world, combining Northern Trust’s technology, investment capabilities and global asset servicing platform with its heritage of serving as a fiduciary and trusted advisor.

Before assuming the role of president, De Vita was GFO’s regional managing director of the Central and West regions. Earlier in his career, De Vita served as president of Northern Trust's Pacific Northwest region and private client service segment leader.

Cosentino now oversees Northern Trust’s wealth management business in the West region, which encompasses Arizona, California, Colorado, Nevada, Texas and Washington. He leads a team that delivers investment management, trust and estate planning, private and business banking, and financial consulting for clients.

Cosentino’s career with Northern Trust spans three decades and numerous leadership roles. Previously, he served as president of Northern Trust's Pacific Northwest and Northern California regions. He also served as head of client advisory for GFO as well as head of public entities and institutions, asset servicing, North America.

“Dino and Marc’s stewardship and uncompromising focus on delivering first-class service will be key to the continued growth and success of our wealth management business,” Northern Trust Wealth Management president Jason Tyler, said.

Northern Trust Wealth Management, which offers wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses, has $419.4 billion in assets under management.

Northern Trust is a provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals, with assets under custody/administration of $16.6 trillion, and assets under management of $1.5 trillion. Its offices are in 24 US states and Washington, DC, and across 22 locations in Canada, Europe, the Middle East and Asia-Pacific.