Investment Selection, Performance Reporting, and Portfolio Monitoring
In connection with the implementation of a client’s investment strategy, Northland Asset Management may identify and the client may select investment managers, registered and unregistered investment entities, and/or broker-dealers (collectively, herein referred to as, “Separate Account Managers”) as well as investment securities, including but not limited to: stocks, bonds, mutual funds, exchange traded funds, and/or other index-based investments that are believed to be compatible with the client’s investment objectives, risk tolerances, and other client criteria. Northland will also help coordinate custody and brokerage services and assist clients in selecting the appropriate vehicles for holding client assets. Recommended Separate Account Managers, mutual funds and/or other service providers may include affiliates of Northland or third party investment companies.
Northland Asset Management may interview and perform due diligence with respect to potential Separate Account Managers, mutual funds, exchange-traded funds, and/or other index-based investments, and provide information to assist clients in their negotiations regarding appropriate management fees or commission rates. Northland also may review the client’s portfolio for compliance with the client’s investment guidelines, and may report on material changes relating to the Separate Account Manager (e.g., changes in key personnel, investment style, etc.). Northland may use the services of its affiliates or outside consultants to perform the Separate Account Manager, stocks, bonds, mutual fund, exchange traded funds, and/or other index-based investments due diligence and to prepare performance reports for clients.
Quarterly performance reports are prepared and distributed to clients of Northland Asset Management. Clients with Pershing brokerage investment portfolios receive monthly consolidated statements.
Registration as an Investment Adviser Representative does not imply a certain level of skill or training. A full text of Northland’s Code of Ethics is available upon request. Go to the Policies & Disclosures page for more information and the RIA Form ADV/Program Brochure.