Sunday, February 20, 2022


Millennium Belief IRAs to Supply New Ark7 Various Actual Property Funding Alternative

“We’re excited to collaborate with Ark7 and additional broaden on our present suite of different funding choices,” stated Jeremy Christensen,…

By Staff , in IRAs , at February 20, 2022


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“We’re excited to collaborate with Ark7 and additional broaden on our present suite of different funding choices,” stated Jeremy Christensen, Co-Head of Custody Companies at Millennium Belief.

Millennium Belief Firm, LLC (“Millennium Belief”), a number one supplier of specialised retirement and institutional custody options, introduced a brand new strategic collaboration with Ark7, a fractional actual property platform, that may present Millennium Belief purchasers with higher entry to various funding choices inside their Particular person Retirement Accounts (IRAs), the place purchasers will now have the chance to put money into fractional shares of Ark7 properties utilizing their IRAs.

Strategic use of different belongings, together with non-public fairness, actual property, and hedge funds, can enhance the general efficiency of retirement portfolios in keeping with a joint examine carried out by Georgetown College Middle for Retirement Initiatives (CRI) and Willis Towers Watson. Their analysis signifies that together with a majority of these belongings can enhance the revenue stream of a well-diversified retiree’s fund by an estimated 17% within the best-case state of affairs, and by 11% at minimal.[1]

Investing in various belongings has historically been a fancy course of, however by way of Millennium Belief’s strategic collaboration with Ark7, purchasers can now purchase, maintain, and promote fractional shares of high quality rental properties for revenue and worth appreciation, and obtain higher IRA portfolio diversification by way of the MTC Funding Platform.

This revolutionary collaboration additional strengthens two main options of Millennium Belief’s self-directed IRA platform: the breadth of different funding choices for purchasers, and its technological improvements that are made attainable by the agency’s software programming interface (API). Millennium Belief’s API has been instrumental in implementing Ark7’s choices and offering sponsors and advisors with enhanced consumer experiences.

“We’re excited to collaborate with Ark7 and additional broaden on our present suite of different funding choices,” stated Jeremy Christensen, Co-Head of Custody Companies at Millennium Belief. He added, “This providing takes us one other step nearer to offering the non-public funding neighborhood with entry to the $13.2 trillion greenback IRA trade[2], and in direction of the automation of personal investments by way of IRAs.”

“At its core, Ark7 offers people the chance to put money into equalized shares of managed actual property properties in varied widespread areas, all backed by good software program and sturdy automation,” stated Andy Zhao, Co-Founder and CEO of Ark7. “A lot of our traders have requested the choice to take a position by way of their IRAs to diversify their retirement portfolios. We selected to collaborate with Millennium Belief due to their sturdy monitor report of offering API-based IRA custodian companies, and their skill to supply environment friendly, high-quality consumer experiences.”

About Millennium Belief Firm®

Millennium Belief Firm is a number one supplier of specialised retirement and institutional custody companies with greater than 2.5 million purchasers holding over $39 billion in belongings. Millennium Belief is dedicated to the evolving wants of people, employers, advisors, and retirement companies companions and empower purchasers with trusted experience, distinctive service, and entry to a variety of options. Whether or not purchasers are managing company retirement belongings, working a enterprise, or wanting alternative past conventional asset choices, Millennium Trusts offers versatile digital options to help our purchasers’ success.

Millennium Belief Firm performs the duties of a directed custodian, and as such doesn’t present due diligence to 3rd events on potential investments, platforms, sponsors, or service suppliers and doesn’t promote investments or present funding, authorized, or tax recommendation. For extra details about Millennium Belief Firm, comply with us on Twitter and LinkedIn.

https://www.mtrustcompany.com/

About Ark7

Ark7 is the hassle-free, one-stop fractional actual property platform that gives self-motivated traders full management to diversify their portfolios and earn passive revenue. Ark7 empowers its customers to construct personalised actual property portfolios with curated properties situated in fast-growing markets throughout the U.S. Its sturdy digital platform and all-inclusive property administration mannequin permits its customers to buy fractional shares in its portfolio of residential properties through the app or on-line with no minimums. The Ark7 portfolio at the moment contains properties in Arizona, California, Pennsylvania, Tennessee, Texas, and Washington, with plans underway to broaden to different markets throughout the U.S. Based in 2018 and led by CEO Andy Zhao, Ark7 offers customers with full transparency to regulate their very own investments that match their price range, and the peace of thoughts realizing all property administration is expertly dealt with by Ark7. For extra info, go to http://www.ark7.com.

[1] Supply: Georgetown College Middle for Retirement Initiatives (CRI) in partnership with Willis Towers Watson, “The Evolution of Goal Date Funds: Utilizing Options to Enhance Retirement Plan Outcomes”. Coverage Report 18-01 (June 2018).

[2] Supply: Funding Firm Institute (ICI), “Launch: Quarterly Retirement Market Knowledge” as of September 30, 2021.

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