Investment Product and Service Launches
NTAM Increases Services for Minority Brokers Northern Trust Asset Management (NTAM) is increasing its trade execution services commitment to broker-dealers owned by minorities, women, veterans or people with disabilities. The execution target for its Minority Brokerage Program is increasing in March from 10% to 15% of equity security trading commissions in certain commingled funds. NTAM started its Minority Brokerage Program in 2007 and in 2018 instituted a 10% trading target for participating funds. “As one of the world’s largest investment managers, we founded the program over a decade ...
Source: plansponsor.com