Most innovative consulting firm CMOs

Pickett has helped modernize Northern Trust’s asset-servicing business by turning data and technology into a bigger part of the client experience.

In early 2025, she was elevated to head of asset servicing for the Americas, where she focused on giving institutional investors better tools to manage complex portfolios. One major focus was Front Office Solutions, Northern Trust’s cloud-based platform for alternative-asset lifecycle management, which Pickett helped build and scale to more than $1 trillion in institutional assets globally by July 2025.

She also worked on an agreement with Hamilton Lane to integrate its Cobalt LP software into Northern Trust’s platform. The move gave asset allocators better private-market analytics and a more connected view of their portfolios.

Northern Trust’s asset-servicing business secured more than 100 new mandates in 2025 and brought in over $385 billion in new assets under custody by the end of November. In December, Pickett was named chief transformation officer, a newly created role focused on innovation, operations, and digital strategy.

Wearing has helped Teneo deepen its advisory work in high-growth markets and open new revenue streams.

In October 2024, he led the launch of Teneo Connect, a business unit built around executive convening. The unit helps companies build their own stakeholder forums and make better use of major gatherings like Davos and the UN General Assembly. It also draws on Teneo’s network of CEOs, advisers, and thought leaders to help clients sort through the flood of AI-generated content and identify what matters.

Wearing has also been behind Teneo’s expansion into sports, media, and entertainment. In January 2025, Teneo brought in former Manchester United CEO Richard Arnold as non-executive chairman of its Financial Advisory Sports Practice. Arnold had generated $7 billion in commercial revenue and was brought in to work across clients including World Rugby, Castore, and Reliance Industries.

The expansion under Wearing strengthened Teneo’s position as a CEO advisory firm and gave it more ways to compete for high-value work beyond traditional communications.