iTrustCapital and Fortress Trust Company have announced a strategic partnership and integration to enhance the client onboarding process and offer new features and benefits. The partnership aims to bring about increased client security and transparency, expanded availability nationwide and globally, as well as more investment options.
iTrustCapital CEO, Kevin Maloney expressed excitement about the partnership with Fortress Trust, citing that it will set a precedent in the industry. The expected benefits of the integration include instant and nearly frictionless processing during onboarding, the continued availability of physical precious metals, and increased digital asset options.
“The self-directed retirement industry is evolving rapidly and we are constantly seeking technology solutions and regulated service partners that can help improve efficiencies and mitigate risk in order to continue to serve our clients with excellence. After evaluating nearly a dozen trust companies and technology service providers over the last year, we are thrilled to announce our partnership with Fortress Trust. We can now offer our clients more opportunities to grow their self-directed IRA investment portfolio utilizing a secure and innovative trust service provider,” said iTrustCapital CEO, Kevin Maloney.
“The integration with Fortress Trust will provide iTrustCapital clients with increased benefits, making it easier and more convenient for working professionals to plan their retirement journey, with improved security and compliance features that we believe will set a precedent for the industry.”
Albert Forkner, Fortress’ CEO, affirmed the company’s dedication to daily account reconciliation, monthly third-party attestation, and keeping all client assets off balance sheet at all times to provide added peace of mind for their fintech partners and customers.
