Northern Trust Names Candice Nakagawa West Family Office MD as $534 Billion Wealth Unit Expands
Updated
Updated · InvestmentNews · Aug 10
Northern Trust Names Candice Nakagawa West Family Office MD as $534 Billion Wealth Unit Expands
3 articles · Updated · InvestmentNews · Aug 10
Summary
Candice Nakagawa will lead Northern Trust Wealth Management’s Family Office Solutions effort in the West, based in Los Angeles and reporting to unit head Pam Lucina.
Northern Trust said the hire targets ultra-wealthy families whose assets now span generations, businesses and jurisdictions, driving demand for coordinated tax, fiduciary and advisory services.
Nakagawa joins from Wilmington Trust, where she was executive vice president and Western Region president, after earlier leadership roles at U.S. Bank and MUFG Union Bank.
Northern Trust’s wealth arm managed $534 billion as of June 30, and the appointment extends a broader family-office buildout after April’s CIO hire Beata Kirr and the addition of advisor-partnerships head Alyssa Quinlan.
The expansion reflects intensifying competition for ultra-high-net-worth clients as firms including Cresset and RIAs add dedicated family-office platforms for needs beyond standard wealth advisory models.