Benefits and Services

Explore our Private Fund Custody Solution

We act as an independent 'qualified custodian' to help you comply with the SEC custody rule and focus on providing ‘institutional-quality' investment operations.

What can we do?

  • Provide custody for:
    • The Fund(s)
    • The individual participant accounts in the Fund
  • Assign dedicated account managers that handle day-to-day custody and account maintenance responsibilities
  • Deliver quarterly statements to all investment participants
  • Process directed transactions for new investment purchases, accept new funds from participants, monitor/record all account activity, and deliver data to portfolio managers

    How funds may benefit by using our custody services


    Custody of assets under SEC Rule 206(4)-2

    Enhanced Transparency

    Quarterly statements showing fund-level cash flow

    Reduce Operating Burden

    Millennium Trust holds title to assets and cash funds, centralizing contact for fund investments

    Cooperation with Auditor for Regulatory Reviews

    Supports regulatory reviews for Custody Rule

    Meet Our Team

    Jeremy Christensen
    Senior Vice President, Director of Private Fund Custody

    Jeremy is responsible for the strategic direction and growth of private fund custody, working with the firm’s regional directors, prospects, service providers, and clients to drive business through education and awareness of the service.

    Meet our team
    Matthew Kiggins
    Senior Vice President, Regional Director

    Matthew develops alternative business segments dealing with private investment funds, non-publicly traded REITs, direct real estate investments, private equity, and private debt offerings. He draws on more than 20 years of sales and marketing experience in the financial services industry to deliver innovative solutions to the firm’s institutional clients.

    Meet our team
    Ryan Schneider
    Senior Vice President, Regional Director

    Ryan has over 13 years of experience in the financial service industry. For over a decade, Ryan has assisted thousands of investors, financial professionals, and investment issuers with their self-directed IRA needs. 

    Meet our team
    TommyJoe Valenzuela
    Senior Vice President

    TommyJoe is responsible for sales and business development within our Alternative Solutions Group. He develops alternative business segments dealing with, hedge funds, closely held securities, futures and commodity IRAs, real estate purchases in IRAs, and venture capital/private stock relationships.

    Meet our team
    Danita Spears
    Vice President, Senior Relationship Manager

    Danita is responsible for ensuring the smooth transition of institutional and advisor relationships to the firm. This includes establishing transition plans, identifying milestones and ensuring her team successfully completes the onboarding process for each new relationship.

    Meet our team