Wealth Management Segment — Outside Services
Northern Trust Wealth Management Segment — Outside Services decreased by 31.3% to $11.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 23.6%, from $14.40M to $11.00M. Over 3 years (FY 2022 to FY 2025), Wealth Management Segment — Outside Services shows an upward trend with a 14.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may indicate higher reliance on external expertise or project-based initiatives, while a decrease suggests cost-containment or internalizing functions.
Detailed definition
Represents the costs incurred by the Wealth Management segment for third-party professional services, including consulti...
Peer comparison
Similar to 'Professional Services' or 'Outside Consulting' expenses reported by other asset and wealth management firms.
ntrs_segment_wealth_management_segment_outside_servicesHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $10.33M | $10.33M | $10.33M | $10.33M | $10.48M | $10.48M | $10.48M | $10.48M | $10.10M | $12.60M | $11.60M | $10.90M | $14.40M | $17.00M | $14.00M | $16.00M | $11.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +1.5% | +0.0% | +0.0% | +0.0% | -3.6% | +24.8% | -7.9% | -6.0% | +32.1% | +18.1% | -17.6% | +14.3% | -31.3% |
| YoY Change | — | — | — | — | +1.5% | +1.5% | +1.5% | +1.5% | -3.6% | +20.3% | +10.7% | +4.1% | +42.6% | +34.9% | +20.7% | +46.8% | -23.6% |
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Frequently Asked Questions
- What is Northern Trust's wealth management segment — outside services?
- Northern Trust (NTRS) reported wealth management segment — outside services of $11.00M in Q1 2026.
- How has Northern Trust's wealth management segment — outside services changed year-over-year?
- Northern Trust's wealth management segment — outside services decreased by 23.6% year-over-year, from $14.40M to $11.00M.
- What is the long-term trend for Northern Trust's wealth management segment — outside services?
- Over 3 years (2022 to 2025), Northern Trust's wealth management segment — outside services has grown at a 14.1% compound annual growth rate (CAGR), from $41.30M to $61.40M.
- What does wealth management segment — outside services mean?
- The cost of third-party professional services used by the Wealth Management division.