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Private Finance and Banking


Our bankers have extensive backgrounds in corporate, international and private banking, and will work with you to develop creative, customized strategies to suit you. We have expertise to address complex situations including challenging legal or tax structures, closely held businesses or complex trust and estate plans. Each banker is supported by credit analysts and associates to meet all your anticipated credit needs.

Our private finance facilities include:

  • Lines and Letters of Credit
  • Structured Finance
  • Margin Financing
  • Leasing
  • Interest Rate Swaps
  • Asset Acquisition or Refinance
  • Investment Program Leverage

Our deposit products include:

  • Personal and Commercial Sweep Accounts (Funds may be swept to non-FDIC insured investments)
  • Interest and Non-Interest Checking Accounts
  • Premium Money Market Deposit Accounts
  • Certificates of Deposit
  • Quarterly Tax Payments
  • Foreign Currency Accounts
  • Wire Transfers
  • Traditional and Roth Individual Retirement Accounts

Financing Structures specific to the Family Office Market

  • Attentive to interrelationship of cash flow requirements, tax and estate planning and asset allocation formulas
  • Strategic use of credit facilities may be established expeditiously without disrupting asset management strategies
  • Flexible financing for purchase/refinancing of residences with maturities that coincide with other facets of a financial plan
  • Monetize illiquid assets such as partnership and LLC interests
David W. Fox

David W. Fox

President of Global Family & Private Investment Offices Group
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David W. Fox

David W. Fox

President of Global Family & Private Investment Offices Group

Dave Fox is President of the Global Family & Private Investment Offices Group, and a member of the Operating Group of The Northern Trust Company. Prior to this role, Dave was Executive Vice President and Head of the Americas, Corporate & Institutional Services, with responsibility for all Northern Trust’s institutional businesses in North & South America. Along with those duties, Dave was Chairman of the Northern Trust Company, Canada, Chairman of the Americas Business Oversight Committee, and the Americas Executive Management Committee.

Dave joined Northern Trust in 2012 after 25+ years at J.P. Morgan in New York and London, where he was Vice Chairman of Investment Banking, a member of the firm’s Investment Banking Management Committee, and CEO of Midwest Investment Banking. Dave’s prior experience at J.P. Morgan included roles as head of investment banking for various global industry sectors (transportation, shipping, industrials, chemicals and real estate). During his career he has advised clients on numerous M&A, restructuring and capital raising activities.

Dave holds a B.S.F.S. from Georgetown University and has an M.B.A. in Finance from Columbia University’s Graduate School of Business. He serves as the Chairman of the Board of Trustees for the Goodman Theatre. Dave’s previous outside board positions include the Chicago Symphony Orchestra, the Field Museum of Chicago, Ann & Robert Lurie Children’s Hospital, YMCA of Metropolitan Chicago, the Executive’s Club of Chicago, and the Latin School of Chicago. Dave is also a member of the Commercial Club of Chicago.