Emotomy is an institutional-caliber digital investment platform that lets financial advisors easily personalize and brand their advice — at scale. The information contained herein is intended for use with current or prospective clients of Northern Trust Investments, Inc. The information is not intended for distribution or use by any person in any jurisdiction where such distribution would be contrary to local law or regulation. Northern Trust and its affiliates may have positions in and may effect transactions in the markets, contracts and related investments different than described in this information. This information is obtained from sources believed to be reliable, and its accuracy and completeness are not guaranteed. Information does not constitute a recommendation of any investment strategy, is not intended as investment advice and does not take into account all the circumstances of each investor. Opinions and forecasts discussed are those of the author, do not necessarily reflect the views of Northern Trust and are subject to change without notice. Belvedere Advisors LLC is a California limited liability company that is a registered investment advisor and is a wholly owned subsidiary of Northern Trust Investments, Inc. Emotomy is a digital investment advice platform and is a registered trademark of Belvedere Advisors LLC. Northern Trust Asset Management is composed of Northern Trust Investments, Inc. Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K, NT Global Advisors Inc., 50 South Capital Advisors, LLC, the investment personnel of The Northern Trust Company of Hong Kong Limited, Belvedere Advisors LLC and The Northern Trust Company. © 2021 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, IL 60603