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Most institutional asset managers and institutional investors believe trade execution flexibility offers an opportunity to enhance investment performance. Execution quality is more than commission price per share. It includes the hidden cost you don’t see by selecting a broker who is not the natural broker for a transaction.

GlobalBridge has the flexibility to execute securities transactions for our clients’ portfolios with a wide variety of brokers or dealers offering best execution. Participating managers in traditional retail wrap programs generally execute through the broker-dealer sponsoring the program. Leading retail wrap sponsors seldom, if ever, appear as the broker-dealer institutional managers go to for quality securities transaction execution. Yet in the traditional wrap program, sub-advisors are expected to execute through such brokers.

In contrast, at GlobalBridge the assets are custodied at an institutional custodian bank, and transactions are executed through brokers and dealers offering best execution. GlobalBridge has developed a trading desk, whereby individual trades are grouped (blocked), and the broker or dealer offering the best qualitative execution is selected for the transaction. We have relationships with a number of Electronic Communications Network (ECN) brokers. These brokers offer instantaneous electronic execution of selected transactions at competitive commission rates.

Additionally, we have relationships with a number of specialist brokers and dealers who provide execution expertise in certain types of securities, including small cap, mid cap, and ADR equity securities. Some brokers and dealers provide us with research and execution software and services in exchange for commission revenue. GlobalBridge only selects such brokers and dealers when they are able to provide GlobalBridge with quality execution services. GlobalBridge continually monitors and analyzes the quality of execution received from our brokers. This presents us with an opportunity to impact performance, reduce our operating expenses, and maintain lower fees for our clients.

A partial list of the brokers and dealers with whom we have established a trading relationship:
Broker or Dealer   Type
Archipelago   ECN
Bear Stearns   Traditional
BNY/ESI   Traditional
Goldman Sachs   Traditional
Instinet   ECN
Jones & Associates   Traditional
Pershing   Traditional
UBS Securities   Traditional
UNX Trading   ECN

GlobalBridge has developed a sophisticated straight-thru-processing (STP) trading methodology that covers front to back processes of model portfolio submission, execution, settlement, reconciliation and reporting. GlobalBridge has partnered with Advent, who provides us with a sophisticated order entry system, Moxy, and a portfolio accounting and reporting system, Axys.
 Trade Executions
 Trade Allocations


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