Company Overview .
Millennium Trust Company: A Global Custodial Giant
Millennium Trust Company (MTC) is one of the largest and most prominent custodians in the self-directed retirement and institutional market. MTC holds billions of dollars in various assets and serves a massive number of clients, making it a foundational player in the financial services industry.
Like other custodians (Midland, Equity Trust), MTC’s primary function is to provide the secure, compliant infrastructure for retirement accounts, including traditional IRAs, Roth IRAs, HSAs, and self-directed plans. They do not sell precious metals or any investment assets themselves.
MTC is a popular choice among Precious Metals IRA dealers and administrators. When an investor opens a Gold IRA with a broker, MTC often serves as the behind-the-scenes custodian, legally holding the assets and managing the necessary tax reporting. Their scale and technological platform allow them to efficiently handle the administrative complexities of thousands of clients investing in alternative assets, including physical precious metals.
The company is known for its robust security, regulatory compliance, and extensive industry partnerships. For investors, choosing a dealer that works with a large, established custodian like Millennium Trust provides confidence in the safety and legal compliance of their retirement assets.
For more information on their custodial services and business partnerships, check out the review on Rare Metal Blog.