Securities Lawyers Blog
Our law firm represents individual and institutional investors that have been mistreated by their brokers and brokerage firms, such as Northern Trust Securities, Inc.. Many investors do not recognize broker misconduct in their accounts, and those that do are often hesitant to seek help. Broker misconduct spans many issues that violate industry rules, including unauthorized trading, breach of fiduciary duty, unsuitable asset allocation, and churning. The attorneys at Gana Weinstein LLP can analyze your accounts and investments to determine if there was misconduct in the handling of your account.
Northern Trust Securities, Inc. is the broker-dealer and investment adviser of Northern Trust, offering brokerage, municipal securities dealing, private placements, financial planning, and portfolio management to individuals, families, and institutions. Based in Chicago and formed in 1979, the firm supports the wealth management business of Northern Trust Corporation.
Northern Trust Securities, Inc. – By the Numbers:
- CRD #: 7927
- Regulatory Events: 8
- Broker Employees: 379
Northern Trust Securities, Inc. – Investment Advisors:
- SEC #: 80781
- Assets Under Management: $1,662,427,504
- ADV Form Employee: 385
Northern Trust Securities, Inc. – In the News:
FINRA v. Northern Trust Securities, Inc. (Case #2020067553301) – From August 2016 to December 2024, Northern Trust violated FINRA Rules 6730 and 2010 by failing to report its commissions to the Trade Reporting and Compliance Engine (TRACE) for certain transactions in TRACE-eligible securities. During the same period, the firm violated FINRA Rules 3110 and 2010 by failing to establish and maintain a supervisory system reasonably designed to achieve compliance with FINRA Rule 6730. For these violations, Northern Trust is censured and fined $150,000.
Gana Weinstein LLP has successfully litigated broker disputes through verdict or settlement. We represent both individuals and institutions throughout the country in FINRA arbitration, as well as commercial litigation in state and federal courts. Our consultations are both free and thorough and our securities litigation attorneys can help you uncover wrongful activity in your account.