Northern Trust has appointed John Hoffman as president of its New York personal financial services business, a role in which he is responsible for overall management of the division.

Hoffman joined Northern Trust when it opened its New York office back in 2003, where, as a senior wealth advisor, he helped develop the wealth advisory unit. Before joining Northern Trust he was with US Trust for eight years, latterly as a senior vice president within the firm’s high net worth planning group.

In his new position Hoffman reports to Jeff Kauffman, northeast region president and chief executive.