If you own any portion of your investment through your IRA, under IRS regulations you are required to have an independent custodian to hold the investment on your behalf. The Trust has no relationship with any of those companies and they are completely independent of the Trust. As you know your custodian charges you annual fees to hold your investment and likely charges you every time you communicate with them. There is nothing we can do about that. There are many companies which hold these investments on behalf of one or more of you. Listed below are the companies we know about with links to their website.
Any questions, complaints or disputes you have regarding these companies should be addressed to them because we cannot help you. We do not recommend any one company above the other but do want you to know that if you are dissatisfied with your current custodian that you can always make a switch. One of these other companies might be able to help you since they are familiar with the assets. You can also just “cash out” or take a distribution from your IRA account and hold the assets individually but there are taxes and penalties associated with doing so. You will want to consult your accountant or tax professional with respect to that.
Below is a list of the primary custodians who currently hold assets on behalf of one or more of the investors:
wdt_ID | #IRA Accts | IRA Custodian | Website |
---|---|---|---|
1 | 4 | Austin Capital Trust Company LLC 1601 Elm Street, Suite 4310 Dallas, TX 75201 | http://austincapitaltrust.com/ |
3 | 2 | Forge Trust Co. (formerly IRA Services Trust Company) 1160 Industrial Road, Unit 1 San Carlos, CA 94070 | https://forgetrust.com/ |
6 | 5 | Mainstar Trust 214 W 9th Street Onago, KS 66521 | https://www.mainstartrust.com/ |
9 | 6 | New Direction Trust Company 1070 W. Century Drive, Suite 101 Louisville, CO 80027 | https://ndtco.com/home |
11 | 5 | PENSCO Trust Company [FISERV] PO Box 173859 Denver, CO 80217 1560 Broadway, Suite 400 Denver, CO 80202 | https://www.pensco.com/ |
12 | 15 | Preferred Trust Company LLC 6700 Via Austi Parkway, Suite 301 Las Vegas, NV 89119 | https://preferredtrustcompany.com/ |
15 | 40 | Strata Trust Company 901 S. Mopac ExpwBarton Oaks Plaza II, Ste 100 Austin, TX 78746 | https://www.stratatrust.com/ |
19 | 67 | Millennium Trust Company, LLC 2001 Spring Road, Suite 700 Oak Brook, IL 60523 | https://www.mtrustcompany.com/ |
20 | 2544 | Provident Trust Group 8880 W. Sunset Rd., Suite 250 Las Vegas, NV 89148 | https://trustprovident.com/ |
#IRA Accts | IRA Custodian | Website |