INDIANAPOLIS & OAK BROOK, Ill.--(BUSINESS WIRE)--FNEX and Millennium Trust Company announced today that Millennium will be a recommended custodian for investors and offering groups using the FNEX.com Private Securities Marketplace. Investors on the FNEX platform have the ability to source, review and invest in a variety of alternative investments and will be able to select Millennium Trust as their custodian of choice.
FNEX is an innovative web-based platform that provides accredited investors, investment advisors, family offices and institutions access to private investment opportunities offered by investment banks and funds across the United States. The powerful distribution platform lists offerings and provides investors with the necessary tools to educate themselves on alternative investment opportunities.
“We are pleased to welcome Millennium Trust to the FNEX.com platform,” said Todd Ryden, CEO of FNEX. “We are committed to delivering our accredited investors access to a broad range of investment opportunities and look forward to the success this relationship will bring to a single online alternative investment platform.”
Millennium Trust, with more than a decade of experience and a thorough understanding of the complexities involved in the custody process for a full range of asset types, is known for its ability to offer innovative alternative asset custody solutions to advisors, institutions and individual investors.
“Millennium Trust is recognized for its high caliber client service teams and delivers the custody expertise and experience FNEX users can count on,” said Millennium CEO Scott McCartan, CFA®, “We’re excited to announce this strategic relationship. FNEX.com was created as a centralized marketplace for investors and investment sponsors to connect on a single platform. Their commitment to providing an innovative, streamlined process complements our commitment to providing investors with simple solutions for expert alternative asset custody.”
FNEX is “The Alternative Investment Marketplace” connecting accredited and institutional investors to investment opportunities in private companies, private investment funds (hedge funds), and managed futures accounts. FNEX’s mission is to help investors source investment opportunities, and help offering groups connect with investors. FNEX was founded in 2012 by professional investors, entrepreneurs and attorneys. For more information please go to www.FNEX.com.
About Millennium Trust Company
Millennium Trust Company is a leading financial services company offering niche alternative custody solutions to institutions, advisors and individuals. We serve as a complement to services offered by other custodians. Our innovative solutions include rollover solutions, alternative asset custody, private fund custody and advisor support services. Additional information about Millennium Trust Company may be found at www.mtrustcompany.com.
Millennium Trust performs the duties of a directed custodian and, as such, does not perform due diligence on prospective investments, sponsors or service providers and does not sell investments or provide investment, tax or legal advice.