New Partner Update:
May 16, 2024
Hi Valued Client,
We are thrilled to announce the launch of our new subsidiary, iTrust Custodial Services. iTrust Custodial Services will be acting as the agent and administrator for iTrustCapital’s Qualified Custodian partners in the near future. This means that iTrustCapital clients will be able to receive the same excellent client service and account processing experience with any Qualified Custodian that iTrustCapital works with to safely and securely custody our clients’ assets.
Benefits Include:
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Increased Client Service Availability
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Streamlined Account Processing & Funding
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Reduced Reliance on Third Parties
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Improved Platform Capabilities
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Increased Transparency
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Improved Reporting
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Greater Security
As a subsidiary of iTrustCapital and an agent and administrator for its Custodian(s), iTrust Custodial Services has strong direct relationships with all banks and technology partners within the iTrustCapital ecosystem. This approach can help streamline processes, improve client experience, reduce reliance on third party response and processing times (contributions, transfers, rollovers, etc.), and provide additional security.
iTrust Custodial Services will also be able to provide better feedback to iTrustCapital when it comes to improvements with the platform experience and product capabilities. This will allow iTrustCapital to more quickly roll out product updates and interface improvements, which directly benefit our clients.
As part of our partnership with iTrust Custodial Services, Fortress Trust will be resigning as iTrustCapital’s Qualified Custodian. We will be migrating client accounts to new Qualified Custodians, including Fortis Bank and/or iTrust Custodial Services (upon receiving a state trust charter). iTrust Custodial Services operating as an agent and administrator allows iTrustCapital to have improved optionality, redundancy, and utility of any Qualified Custodian partners with minimal interruption to any client experience.
We’re excited to integrate iTrust Custodial Services and look forward to continuing providing best in class service and asset security, while constantly improving our platform, technology, and capabilities.
This will serve as your official notice of the change in Custodian and is just informational, you do not need to take any action at this time.
Please let us know if you have any questions by submitting a request here. We will provide additional information as we continue to expand with other institutional partnerships, new products, and services designed to benefit iTrustCapital clients.
Sincerely,
The iTrustCapital Team