Northern Trust Account Type

Northern Trust offers a variety of accounts tailored to meet the needs of individuals and businesses. The account types include:

• Wealth Management Accounts:
• Banking Accounts: Checking, savings, money market demand accounts, CDs, equity credit line, mortgage, installment loans, and "C" class loans.
• Trust Accounts: Designed for estate planning and wealth transfer.
• Investment Management Accounts: For personalized investment strategies.
• Custody Accounts: For safekeeping and managing assets.
• Brokerage Accounts: Through Northern Trust Securities, Inc., allowing access to a full range of investment products and services, including mutual funds and ETFs.
• Aggregated Accounts: Users can add accounts from other financial institutions or service providers, including offline assets like real estate.

Northern Trust Broker Account Opening Process

To open a brokerage account with Northern Trust, follow these steps:

• Determine Account Type: Choose between individual, joint, corporate, trust, or other entity accounts.
• Minimum Investment: The minimum initial investment is typically $2,500 (or $500 for an IRA).
• Automatic Investment Plan: You can establish an account with a minimum investment of $250 by setting up an automatic investment plan of at least $50 per month.
• Complete Application:
• Read the prospectus carefully.
• Fill out and sign the new account application.
• Include a check payable to Northern Funds.
• If opening for a corporation or entity, include a corporate resolution or certification.
• Mail Your Application:
• Send the completed application and check to:
• Northern Funds
• P.O. Box 75986
• Chicago, IL 60675-5986
• For overnight delivery, use:
• Northern Funds
• 801 South Canal Street C-5S
• Chicago, IL 60607
• Direct Deposit and Reinvestment Options: You can set up payroll or government direct deposit and have dividend/capital gain distributions automatically reinvested.

For any questions, contact the Northern Funds Center at 800-595-9111.