Mid Atlantic Trust Company has added Northern Trust Focused Portfolios (NFP) to its ModelxChange retirement advisor platform.
The Northern Focused 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.
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Eric Schweitzer, managing director of Northern Trust’s direct intermediary distribution business, said: "We are delighted to partner with Mid Atlantic Trust to offer our proprietary NFP investment models to their more than 12,000 retirement plan advisors.
"We believe these products will be an asset to plan sponsors and their participants as the models address a range of investment goals and objectives with a focus on risk management," Schweitzer added.
Northern Trust’s asset management arm offers a spectrum of investment products and solutions and has more than US$800 billion in assets under management.
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