The new new chief investment officer, who is replacing Trish Halper, has a disciplined approach to asset allocation, manager selection and portfolio construction, grounded in years of advising sophisticated investors, the firm said.

Chicago headquartered Northern Trust Wealth Management has appointed Beata Kirr (pictured) as chief investment officer of Global Family Office (GFO). She is replacing former CIO Trish Halper, a spokesperson told Family Wealth Report.

Kirr will oversee investment strategy for GFO, leading portfolio construction and delivering investment insights to ultra-high net worth families and family offices, the firm said in a statement. GFO is seen as the fastest growing segment within Northern Trust’s wealth management business, serving more than 550 clients with an average net worth above $1 billion.

Kirr most recently served as managing director and chief impact officer at The Copia Group, a direct lending private credit firm. Prior to Copia, Kirr spent 17 years at Bernstein Private Wealth Management in roles including co-chief investment officer and national managing director. Earlier in her career, she worked at Aurora (formerly Harris Alternatives) and Goldman Sachs.

Kirr is active in governance and philanthropic leadership where she can extend her investment impact. For nearly three years, she served as an independent director and chair of the Nominating/Governance Committee for Nomura’s Active ETF Delaware Trust. She is a board member and investment committee member at the Poetry Foundation and Temple Sukkat Sholom. She previously served in a similar capacity at Women Employed.

“Family offices today are navigating increasingly complex portfolios, private markets exposure and multigenerational planning challenges,” GFO president Dino De Vita said. “Beata brings a disciplined approach to asset allocation, manager selection and portfolio construction, grounded in years of advising sophisticated investors. She knows how to turn that experience into the differentiated insights and solutions that families expect from Northern Trust.”

“GFO is dedicated to supporting families who have worked diligently to create lasting legacies, and they deserve an investment strategy that matches their commitment and complexity,” Kirr added. “Family offices are often on the forefront of evolving investment opportunities, and I’m focused on delivering innovative solutions across asset classes for our clients.”

Northern Trust Wealth Management is a premier private bank serving affluent individuals and families, family offices, foundations and endowments, and privately held businesses, with $497.6 billion in assets under management.

Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 US states and Washington, DC, and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. It has assets under custody/administration of $18.6 trillion, and assets under management of $1.8 trillion.