Northern Trust has appointed W Brett Rees as head of wealth management in the Mid-Atlantic region.
He will be based at Northern Trust’s Washington DC office and will also oversee business in Virginia, Maryland, Pennsylvania and Delaware.
In addition, Rees will lead the company’s foundation and institutional advisory services on the East Coast, which provides investment solutions to small and medium-sized foundations and non-profit organisations. He will report to Dave Blowers, executive vice president and head of the East region for Northern Trust who is based in New York.
Rees, who has both military and family ties to northern Virginia and Washington, DC, will lead a staff of approximately 30 financial services professionals, including portfolio managers, bankers, trust advisors and wealth strategists.
With over 22 years of experience in the financial services industry, Rees has spent 16 years at Northern Trust in roles dedicated to developing financial solutions. He most recently spent six years as national sales director for wealth management. Prior to joining Northern Trust, he held a variety of wealth management and commercial banking positions at Bank of America, Bank of Boston and Wachovia.
Rees succeeds Joanie Stringer, who is relocating to Miami to assume a senior wealth strategist role with a focus on business development.
