Weren't able to attend the 2009 Marketing to African-Americans with Excellence (MAAX) Summit? Order the workbook which contains hard copies of the presentations made by some of the nation's top experts on Black consumer marketing, including:

Burrell Communications
Carol H. Williams Agency
FUSE Advertising
Hunter-Miller Group
MEE Productions
Media Economics Group
Nia Enterprises
Salon Sense Magazine Sanders\Wingo
Target Market News
The MasterMind Group
The Media Audit
The Nielsen Company
U.S. Census Bureau
UniWorld Group
...and more

Click here to order

Advertising & PR News
Marketing News
TV & Cable News
Radio News
Magazine News
Newspaper News
Internet News

Retailing News
Consumer Research

Expenditure Data
People in the News
Industry News
Company Bios and

 Register Here       
Are you getting the latest industry news when it happens via e-mail

Click here for free delivery of the Target Market News Bulletin
You'll receive news of breaking stories, exclusives, updates and headlines on the latest developments in African American marketing and media

 Black Stats          
Frequently requested data on African American consumers

Black Buying Power:
  $744 Billion (2006)

Black U.S. Population:
  38.3 million

Top Five Black Cities
  - New York
  - Chicago
  - Detroit
  - Philadelphia
  - Houston

Top Five Black Metros:
  - New York-New Jersey
  - Washington-Baltimore
  - Chicago-Gary
  - Los Angeles
  - Philadelphia

Top Five Expenditures:
 - Housing $121.6 bil.
 - Food $59.2 bil.
 - Cars/Trucks $32.1 bil.
 - Clothing $27.7 bil.
 - Health Care $17.8 bil.

Click here for more stats from "The Buying Power of Black America."
Get quick access to key
U.S. Census 
Bureau Data

Click here to go to African-American Census Bureau data


(c) 2009 by
Target Market News Inc.

All rights reserved
Business address:
228 S. Wabash Ave.
Suite 210
Chicago, IL 60604
t.  312-408-1881 

Northern Trust Global Investments selects firms for emerging broker program

(December 15, 2009) Northern Trust has announced that its asset management arm, Northern Trust Global Investments (NTGI), has selected seven emerging and minority/women-owned broker-dealers for its list of preferred equity trading partners.

The equity trading firms, which met selection criteria including execution capabilities, technology platforms and capital commitment, are:

  --  M.R. Beal and Company, Chicago, Ill.
  --  Blaylock Robert Van Securities, LLC, Oakland, Calif.
  --  Cabrera Capital Markets, LLC, Chicago
  --  Guzman & Company, Coral Gables, Fla.
  --  Loop Capital Markets, Chicago, Ill.
  --  M. Ramsey King Securities, Inc., Burr Ridge, Ill.
  --  Samuel A Ramirez & Company, Inc., New York, N.Y.

"We are pleased to maintain relationships with seven broker-dealers that have the strength and expertise to become strategic trading partners with Northern Trust," said Lyle Logan, executive vice president and managing director of client servicing and sales at NTGI. "In addition to best execution in particular markets, these firms demonstrate a commitment to compliance and risk management that is important to Northern Trust and our clients."

Equity trading partners were selected by NTGI executives from a group of 36 broker-dealers that responded to a request for information. Northern Trust went through a similar process in 2007, and the firms selected then were invited to rebid. Because fixed-income requires a larger universe of trading partners to achieve liquidity and best pricing, NTGI does not limit the number of firms it considers for fixed income trading.

Northern Trust's diversity commitment also includes its Emerging Managers Practice, which invests more than $4 billion across 46 investment strategies and 42 emerging-minority-owned investment management firms through manager-of-manager programs. In corporate procurement, the Supplier Diversity office seeks to ensure that Northern Trust provides opportunities for minority, women and disabled business owners and expands the use of diverse firms in the corporate supply chain.

Northern Trust is committed to deepening its strategic relationships with emerging and minority/women-owned broker-dealers. In 2008, Northern Trust traded in excess of $40 billion worth of equity and fixed-income securities with broker-dealers in the program, up from $30 billion in 2006.

Northern Trust Global Investments (NTGI) is the multi-asset class investment management business of Northern Trust Corporation. NTGI comprises Northern Trust Investments, N.A., Northern Trust Global Investments Limited, Northern Trust Global Investments Japan, K.K., the investment advisor division of The Northern Trust Company and Northern Trust Global Advisors and its subsidiaries.

Go to Target Market News homepage