Wintrust Financial Corporation is a financial services holding company headquartered in Lake Forest, Illinois with approximately $11 billion in assets. The Company engages in community banking, investment services, and specialty finance through its subsidiaries.
Community Banking
Wintrust operates 15 community banks in the Chicago and Milwaukee metropolitan areas. With over 75 total banking locations and more under construction, Wintrust believes it is one of the fastest growing bank groups in the Illinois and the country. Wintrust community banks, each with its own unique local branding, offer products and pricing tailored to meet the needs of local residents and businesses.
Wealth Management Focus
Wintrust offers trust, investment and asset management services under the Wayne Hummer brand name. Wayne Hummer Investments, a 78-year-old Chicago-headquartered broker-dealer, provides a full range of brokerage services to clients located primarily in the Midwest. Wayne Hummer Trust Company offers trust services and Wayne Hummer Asset Management Company provides money management and advisory services. Cross selling Wayne Hummer financial services to our bank customers is a major growth opportunity, according to the company.
Asset Generation Strategy
To assist in asset generation, Wintrust operates a number of non-bank financial services companies. First Insurance Funding Corp., one of the largest commercial insurance premium finance companies operating in the United States, serves commercial loan customers throughout the country. Tricom, Inc. provides short-term accounts receivable financing and administrative services to temporary staffing service clients located nationwide. Wintrust also generates niche loan production through divisions of its banks.