Northern Trust Logo

Commission Management


Convert client expenses into income or research payments

Want to manage cost or control research expenses? Our Commission Management Program provides a comprehensive solution.

Northern Trust's Commission Management Program offers clients and investment managers the ability to control costs and maximize investment performance while ensuring that their managers maintain the flexibility to obtain best execution.

Commission Recapture for Custody Clients

Extensive broker network

Provides flexibility to trade with your established brokers and assist you in obtaining best execution.

Centralized client servicing

Ensures a coordinated approach and optimized rebate potential.

Seamless crediting of rebates

Allows for streamlined program administration.

Efficient web-based reporting

Presents information you need in the format that works best for you through our comprehensive online monitoring tool, Northern Trust Passport®.

Commission Management for Investment Managers

  • Open architecture solution allowing clients to choose and pay for researches of their choice.
  • Best trade execution focusing on execution quality and full transparency from trading to settlement to administration of securities.
  • Easy invoice management and comprehensive reporting on posted commissions and research payments.
  • Centralized client servicing supported by a team of dedicated specialists.
Grant Johnsey

Grant Johnsey

Head of Institutional Brokerage
person icon
View Profile
Hide Profile
Grant Johnsey

Grant Johnsey

Head of Institutional Brokerage

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.


Insights & Research

Helping you anticipate and address change

Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. For more information, read our legal and regulatory information about individual market offices.
Investment Products and Services are:

Not FDIC INSURED, May lose value, No bank Guarantee
Securities products and services are offered by Northern Trust Securities, Inc., member FINRA (FINRA), SIPC, and a wholly owned subsidiary of the Northern Trust Corporation.
Northern Trust Securities, Inc. is a registered broker dealer and a subsidiary of the Northern Trust Corporation. Investment securities purchased through Northern Trust Securities, Inc. are not bank deposits; they are not guaranteed and involve risk, including possible loss in principal. Member FINRA (FINRA)/SIPC.