Millennium Trust Company to Provide Precious Metals IRA Solution to GBI Advisors Partner Network
Addresses Increased Requests from Advisors for Physical Precious Metals in an IRA
OAK BROOK, Ill., Sept. 4, 2014 /PRNewswire/ -- Millennium Trust Company and Gold Bullion International (GBI) announced today that Millennium Trust IRAs will be available through GBI's white-labeled advisor portal network. Clients will be able to open an IRA online and authorize their advisors to purchase and sell physical precious metals on their behalf.
GBI is a leading physical precious metals provider to the wealth management industry. GBI and its advisor portal network enable Registered Investment Advisors the ability to open and manage accounts on behalf of their clients. GBI allows investors to access the most secure and transparent platform for acquiring, transporting and storing physical precious metals. This integrated solution provides seamless order entry and execution, logistics management and client service. Through the platform, Advisors can access a full range of administrative tools and resources, including the ability to have client positions tied into existing statement reporting systems. It is a true end-to-end solution for precious metals investing.
"As Advisors and their clients continually look for ways to diversify their retirement holdings, many are deciding to make an allocation to physical precious metals," said Millennium Trust CEO Scott McCartan, CFA®. "GBI is committed to providing a simple, efficient user experience and their precious metals program is an ideal complement to Millennium's commitment to providing Advisors with simple solutions for investing in alternative assets within individual retirement accounts."
Millennium Trust Company is a qualified custodian chartered by the State of Illinois. As an innovator in the financial services industry, Millennium Trust has leveraged its 10+ years of expertise in alternative asset custody to offer the ability to create solutions tailored specifically to a client's needs. This expertise includes collaborating with investment technology firms looking for a custody solution where one does not currently exist.
"Millennium Trust Company and GBI are philosophically similar in our approach to servicing the Advisor market," said GBI CEO Steven Feldman. "We were looking for a qualified and experienced IRA custodian that understands the service expectations of the Advisor community and is as dedicated to automating and improving complicated investment processes as we are. Millennium Trust is a great fit for our qualified needs within the RIA space."
For more information about Millennium Trust Company visit: http://www.mtrustcompany.com
For more information about Gold Bullion International visit: http://www.bullioninternational.com
About Millennium Trust Company
Millennium Trust Company is a leading financial services company offering niche alternative custody solutions to institutions, advisors and individuals. The firm serves as a complement to services offered by other custodians. Their innovative solutions include rollover solutions, alternative asset custody, private fund custody and advisor support solutions. Millennium Trust performs the duties of a directed custodian and, as such, does not provide due diligence on prospective investments, sponsors or service providers and does not sell investments or provide investment, tax or legal advice.
About Gold Bullion International ("GBI")
GBI is a leading institutional-quality precious metals provider to the wealth management industry. GBI's technology and operations platform allows investors to acquire and manage their physical precious metals as easily as they would acquire and manage a stock or ETF. Precious metals are acquired through a competitive institutional dealer network, stored on behalf of investors in protected and insured non-bank vaults in North America, Europe and Asia, and regularly audited by one of the Big Four accounting firms. GBI provides the easiest, safest and most reliable option for physical precious metals ownership.
Contact:
Kris Kagel
JCPR
[email protected]
973.850.7312
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SOURCE Millennium Trust Company
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