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Commission Management


Want to manage your costs or control research expenses? With Northern Trust Securities Inc.’s (NTSI) commission management program, clients and investment managers gain the ability to control costs and maximize investment performance. The program also helps them keep the flexibility and transparency their managers need to obtain quality execution.


Commission Recapture for Custody Clients

  • Our extensive broker network provides flexibility to trade with your established brokers for more flexibility and the opportunity for better execution quality.
  • Centralized client servicing ensures a coordinated approach and optimized rebate potential.
  • Seamless crediting of rebates streamlines the administration of your program.
  • Efficient web-based reporting through Northern Trust Passport®, our comprehensive online monitoring tool, gives you the information you need in the format that works best for you.

Commission Management for Investment Managers

  • Our open architecture solution lets you choose your preferred research source.
  • Execute trades with NTSI and gain quality execution with full transparency throughout the entire process – from order receipt to settlement.
  • Simplify invoice management with comprehensive reporting on commissions and research payments.


Northern Trust has institutional brokerage offices in Chicago, New York, London, Sydney, and Hong Kong.

Northern Trust and its subsidiaries operate in 19 U.S. states and 20 countries throughout North America; Europe, Middle East and Africa; and Asia Pacific.


For more information about our Commission Management services, speak with your Northern Trust relationship manager or contact Grant Johnsey.

<a name="grant">&nbsp;</a>Grant Johnsey

 Grant Johnsey

Head of Institutional Brokerage, North America, Northern Trust Capital Markets
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<a name="grant">&nbsp;</a>Grant Johnsey

 Grant Johnsey

Head of Institutional Brokerage, North America, Northern Trust Capital Markets

Grant Johnsey is a Senior Vice President at Northern Trust. He joined Northern Trust in 2004 as the transition strategist for North America-based clients. His responsibilities include communicating with the consultant community on the Transition Management product and working with clients to understand their goals and devise the optimal strategy to achieve them.

Prior to joining Northern Trust, Mr. Johnsey spent over five years in the institutional brokerage industry. Most recently, he served as director of portfolio trading for Capital Institutional Services. Part of the responsibilities of this position were to develop and grow their transition management business.

He received a B.S. degree from Trinity University and holds Series 7, 9, 10, 24, 55 and 63 Licenses.


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This material is directed to professional clients only and is not intended for retail clients. For Asia-Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.

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