Northern Trust Focused Portfolios Added to FDx Advisors UMA Program

Northern Trust announced today that Northern Focused Portfolios (NFP) model portfolios have been added to FDx Advisors Unified Overlay Management Program platform.

The NFP portfolios are a series of active, passive and blended models created through tactically-weighted asset allocation of proprietary and non-proprietary mutual funds and ETFs, which seek to emphasize consistent and competitive performance while managing volatility and risk.

FDx Advisors, a subsidiary of FolioDynamix, is an independent provider of research, investment models and advisory programs to the registered investment advisor, independent broker-dealer and trust institution markets with more than $15 billion in assets.

“Our relationship with FDx Advisors has included a presence on their mutual fund and exchange-traded fund research lists. We are delighted to extend our relationship with FDx Advisors and offer our proprietary NFP investment models to their client base of financial advisors,” said Eric Schweitzer, managing director of Northern Trust’s Financial Intermediary Distribution business in a statement. “We believe these products benefit RIAs, IBDs and Trust Institutions as the models address a range of investment goals and objectives with a focus on risk management."

For reprint and licensing requests for this article, click here.
Money Management Executive
MORE FROM FINANCIAL PLANNING