• Alternative Asset Custody Solutions
  • Millennium Advantage
  • Alternative Investments
  • Committed to Quality
  • For Advisors
• Automatic Rollover Programs
  • Millennium Advantage
  • The Rollover Process
  • Missing Participants
  • Safe Harbor
  • Terminated Plans
  • Who We Work With
  • Other Custody Solutions
• Employer-Sponsored IRAs
• Health Savings Accounts
  • Millennium Advantage
  • Features of HSA Manager
  • For Investment Professionals
  • Investment Options
  • Funding Options
  • HSA Guidelines
  • For Advisors
• Private Fund Custody Services
  • Millennium Advantage
  • Service Model
  • Committed to Quality
• Advisor Services
  • Millennium Advantage
  • Exceptional Support
  • Committed to Quality
  • Partnering with MTC

Investment Professionals and hsas

HSA Manager for Independent Broker-Dealers

If your IBD clears through Pershing®, Millennium Trust can offer HSA Manager to your representatives within a few weeks. We designed an HSA solution for IBDs that integrates the banking component of our solution with Pershing’s brokerage platform. This allows investment professionals to manage the HSA’s brokerage account in the same manner they handle any other investment account. Millennium Trust also has created a turnkey solution that includes marketing materials, online sales tools and a comprehensive training program. Our experienced client service team can help advisors with everything from understanding the basics of HSAs to answering detailed questions regarding HSAs and our program.

HSAs for Clearing Firms

Millennium Trust’s innovative technology allows clearing firms to create a custom HSA program for their correspondents and representatives. With personalized marketing materials, training programs, web portals and a dedicated client service team, Millennium Trust provides support to ensure a successful product launch.

HSA Manager for Investment Advisors

Millennium Trust offers investment advisors (fee-only or traditional brokers) a new opportunity to capture, manage and retain valuable investment assets, while helping clients pay for their growing healthcare expenses today and into the future. Our program allows advisors to manage investments within an HSA to maintain control of the client relationship and expand their current offering.

Private Label Solutions

Whether the Third Party Administrator (TPA) or financial institution offers HSA deposit accounts with limited or no investment opportunities, or it plans to enter the HSA market for the first time, Millennium Trust can help create a private-labeled solution to expand the current offering. Our sophisticated technology can tie a bank or credit union deposit account to an investment account held at Millennium Trust or at the broker-dealer relationship. We also help create forms, marketing materials and sales tools to support the customized HSA.

HSAs for Employers and Individuals

Millennium Trust offers an integrated deposit and investment platform. Individuals can pay for their medical expenses using debit cards and have online access to their account 24/7. Additionally, clients have access to a self-directed trading tool to invest in stocks, mutual funds, and ETFs.

Contact us today to see how we can optimize your business potential!