NBDB targets HNW

Montreal-based National Bank Direct Brokerage (NBDB), a wholly owned subsidiary of National Bank of Canada, now offers high net-worth individuals two new trading platforms, Advantage Direct Brokerage and Private Direct Brokerage, providing affluent investors with services such as guidance from representatives, priority and private telephone access, personalized annual reports and discounts on commissions. The Advantage Direct Brokerage platform is for investors with a minimum of $500,000 in assets with NBDB or who execute at least 300 trades a year through NBDB. Investors with the Private Direct Brokerage platform must have a minimum of $1 million in assets with NBDB.

(fcollie@investmentexecutive.com).