Millennium Trust Company is a self-directed individual retirement account (IRA) provider that allows users to establish and maintain individual asset and investment client accounts. It offers a wide-range of assets, as well as many different investment account types for users to choose from. We compiled Millennium Trust Company user reviews from around the web and determined that they generally have negative ratings. We also compared the most popular pricing options available.
Summary of Millennium Trust Company User Reviews
What Millennium Trust Company does well:
Users who gave Millennium Trust Company a positive review said that they like that they can invest in a wide-array of assets. They are happy that Millennium Trust Company fulfills its role as an asset custodian well by tracking and reporting all the account activity through online tools and representatives.
What Millennium Trust Company does not do well:
Users who gave Millennium Trust Company a negative review complained that they were signed up for its self-directed IRA services without their consent due to their previous 401k provider’s decision to rollover their funds to the company. Some users were also unhappy that there are significant fees attached to each account.
Most Helpful Positive User Review
One user who gave Millennium Trust Company a positive review on the Better Business Bureau said that despite being signed up without his consent to Millennium Trust Company’s services, he is happy that a representative is able to report to him all the expenses involved in his account.
Most Helpful Negative User Review
One user who left a review of Millennium Trust Company on the Better Business Bureau said that he was very unhappy that he was enrolled in Millennium Trust Company’s services without his consent and his funds were automatically reduced because of the standard account fees involved with each account.
Millennium Trust Company Pricing
Millennium Trust Company’s pricing involves enrollment and maintenance fees for each account. A one-time establishment fee of $50 and an annual account fee of $100 are part of the standard fees.
|One-time establishment fee||$50|
|Annual account fee||$150|
|Investment custody fees||Variable|
Millennium Trust Company Features
Check out the list below for some of Millennium Trust Company’s features.
- 24/7 customer support – Available via phone and email.
- Access to Millennium Alternative Investment Network (MAIN) – Easy access to information on a diverse spectrum of investment options.
- Custody expertise – Guaranteed professional care for your investment.
Useful Millennium Trust Company Resources
Self Directed IRA for Real Estate Investing: The Ultimate Guide – We provide useful tips and strategies to help you start investing in self-directed IRA.
How to Use Your 401k or IRA to Start or Buy a Business – Want to know how to use your funds to start or buy a business? Read this article to know more tips and tricks on how to best use your investment funds.
How to Set Up a SIMPLE IRA Retirement Fund – Here, we provide a guide to help you set up SIMPLE IRAs using Gusto.
Millennium Trust Company Overview Video
This video provides an overall background on what Millennium Trust Company can do to help users with their self-directed IRA services.