Northern Trust has added private market capabilities to supplement the recently launched ArcLine Alternatives platform for the firm’s wealth management clients.
The private market investment offering, developed with alternative investment technology firm Artivest, better enables Northern Trust’s qualified wealth management clients to take advantage of a carefully curated list of leading alternative funds to meet their changing, and increasingly sophisticated, asset allocation and portfolio diversification needs through an integrated cloud-based subscription and reporting platform.
“Northern Trust is committed to delivering quality alternative investment opportunities for our clients in the most efficient and secure manner available. We are pleased to announce this addition to our alternatives platform, which offers exposure to some of the world’s top private market fund managers though a frictionless investment process,” says Steven L Fradkin (pictured), President of Northern Trust Wealth Management. “This capability is yet another mechanism to help our clients meet their long-term goals, leveraging sophisticated technology to deliver seamless alternatives exposure and reporting.”
“Artivest is proud to support Northern Trust’s private market offerings through the digital ArcLine Alternatives platform,” says James Waldinger, Artivest’s CEO and Founder. “We look forward to a long-term collaboration with Northern Trust.”