Northern Trust Appoints Michael Darby as Northern California Market Leader

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SAN FRANCISCO--(BUSINESS WIRE)--Sep 30, 2025--

Northern Trust Wealth Management has appointed Michael Darby as Senior Managing Director of the Northern California Market. Darby will oversee Northern Trust’s three regional locations—Menlo Park, Mill Valley and San Francisco—and lead an integrated team that delivers investment management, trust and estate planning, private and business banking and financial consulting for clients.

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Michael Darby, Senior Managing Director, Northern California

“California’s Bay Area produces wealth across the spectrum, from emerging founders and venture investors to sophisticated family offices,” Wealth Management President Jason Tyler said. “Michael’s leadership will strengthen our business in this important market and ensure we are serving the rising generation of wealth creators who are shaping its future.”

Darby will report to West Region President Abel Montañez and succeed Michael Cklamovski, who was promoted to Deputy Head of Sales for Northern Trust Wealth Management.

Darby joined Northern Trust in 2018 and previously served as Senior Vice President and Managing Director, where he worked with high-net-worth individuals, families and businesses, and provided investment, credit and capital market solutions and services. Earlier in his career, Darby served as a Senior Relationship Manager and Vice President for Wells Fargo's Middle Market Banking Group in Palo Alto.

Darby is actively engaged in supporting children’s causes through his involvement with several nonprofit organizations. He serves as President of The Guardsmen, sits on the Board of Directors for Family House San Francisco, and is a member of the Board of Governors for the Boys & Girls Club of San Francisco.

Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses. It is recognized for its innovative technology, service excellence and depth of expertise, with $468.5 billion in assets under management as of June 30, 2025. The Northern Trust Company is an Equal Housing Lender. Member FDIC.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2025, Northern Trust had assets under custody/administration of US$18.1 trillion, and assets under management of US$1.7 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250930578799/en/

CONTACT: Media Contact:

Landis Cullen

312-444-3188

[email protected]

http://www.northerntrust.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE

SOURCE: Northern Trust

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PUB: 09/30/2025 09:00 AM/DISC: 09/30/2025 08:59 AM

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