Spear’s Review

David Clerey is the head of Northern Trust’s global family office group in EMEA and APAC, overseeing the delivery of asset management, bank and fiduciary solutions to globally mobile families with considerable wealth.

A former Credit Suisse banker, he is especially interested in harnessing advanced technology to gain deeper insight into clients’ portfolios, stress-test them to identify vulnerabilities and adjust risk profiles where necessary. For new clients who feel their current family office structure is not operating as effectively as it should, Clerey and his team can conduct detailed analyses and provide project management support.

‘What we do is à la carte,’ he tells Spear’s. ‘Families have a lot of options.’

Recently, he has seen an increase in requests from families preparing for succession. Clerey works with these clients to support the next generation, create family constitutions and consider philanthropic strategy.