On Wednesday, Millennium Trust announced its Millennium Alternative Investment Network (MAIN) received recognition at the 2016 WealtManagement.com Industry Awards.
As previously reported, Millennium Trust unveiled MAIN earlier this year and stated that it delivers an efficient end-to-end solution for individuals and advisors looking to hold alternative investments within either IRAs or taxable custody accounts. Through the service, investors can link to the growing number of investment platforms offering access to an increasing range of alternative investments. Scott McCartan, former CEO of Millennium Trust, commented at the time:
“Not only does MAIN provide individuals and advisors with access to a range of investment platforms and alternative assets they may not have previously been aware of but we’ve also learned from the fintech industry’s laser-focus on the user experience. Investing in alternatives has historically been a cumbersome, paper-centric process and we are committed to using technology to change that.”
“We created the Millennium Alternative Investment Network to give advisors and wealth managers an efficient end-to-end solution that would allow them to hold alternatives in their clients’ IRAs or taxable custody accounts. To be recognized by the industry, particularly in light of the other innovative firms in our category, is a great honor. It will spur us to continue working to develop tools that make investing in alternatives simpler and more efficient.”
WealthManagement.com Industry Awards recognize companies and organizations that provide exceptional leadership and support for financial advisor success. Launched last year, the event brings in an independent panel of industry experts to select award winners in more than 60 individual categories out of some 400 nominations.