Yieldstreet, the leading private market investing platform, recently announced a strategic partnership with Equity Trust, one of the largest self-directed IRA custodians in the U.S. The partnership aims to simplify adding alternative investments to IRAs.
The partnership will allow investors to easily add alternative asset classes, such as real estate, art, and litigation finance, to their retirement accounts. This move is significant, as traditionally, alternative investments have been difficult to access through retirement accounts.
Yieldstreet CEO Milind Mehere commented on the partnership, stating, "We're excited to partner with Equity Trust to bring alternative investments to more investors. By simplifying the process of adding alternative investments to IRAs, we're making it easier for investors to diversify their portfolios and potentially earn higher returns."
The partnership is expected to benefit investors who are looking for ways to diversify their retirement portfolios. Alternative investments, such as real estate and art, have historically provided higher returns than traditional investments, such as stocks and bonds. However, they have also been difficult to access and require a higher level of due diligence.
With this partnership, investors can easily add alternative investments to their retirement accounts and benefit from Yieldstreet's expertise in alternative asset classes. Yieldstreet offers a wide range of alternative investments, including real estate, art, and litigation finance, and has a team of experienced investment professionals who analyze and vet each investment opportunity.
Yieldstreet's focus on alternative investments has made it a popular choice for investors looking to diversify their portfolios. The platform offers a range of investment opportunities, including single-family residential real estate, commercial real estate, and legal finance.
In addition to offering alternative investment opportunities, Yieldstreet is also known for its transparent fee structure. The platform charges a one-time origination fee on each investment, which is disclosed upfront. This fee covers the cost of underwriting and due diligence and is not tied to the performance of the investment.
Yieldstreet has also received positive reviews from investors who have used the platform. Select, a leading investment review site, recently reviewed Yieldstreet and found that the platform was easy to use and offered a range of investment opportunities.
The partnership with Equity Trust is expected to further enhance Yieldstreet's offerings and make it easier for investors to access alternative investments. Equity Trust, which has over 45 years of experience in self-directed IRAs, will provide custodial services for the alternative investments added to retirement accounts through Yieldstreet.
The partnership will also benefit Equity Trust, as it will allow the custodian to offer its clients access to alternative asset classes through Yieldstreet. Equity Trust CEO George Sullivan commented on the partnership, stating, "We're excited to partner with Yieldstreet to offer our clients access to alternative investments. This partnership is a natural fit, as both companies share a commitment to providing investors with access to diverse investment opportunities."
The partnership comes at a time when alternative investments are becoming increasingly popular among investors. As the stock market becomes more volatile, investors are looking for ways to diversify their portfolios and potentially earn higher returns. Alternative investments have historically provided higher returns than traditional investments, making them an attractive option for investors.
Yieldstreet and Equity Trust's partnership is likely to be welcomed by investors who are looking for ways to diversify their retirement portfolios. With the ability to easily add alternative investments to their retirement accounts, investors can potentially earn higher returns while also mitigating risk.
Yieldstreet's focus on alternative investments and transparent fee structure has made it a popular choice for investors. The partnership with Equity Trust is expected to further enhance Yieldstreet's offerings and make it easier for investors to access alternative investments. Investors looking to diversify their portfolios may want to consider Yieldstreet as a viable option for adding alternative investments to their retirement accounts.