💼Research the reputation and security measures of custodians for your IRA investments.
🔒Prime Trust, previously affiliated with I Trust Capital, faced bankruptcy due to a security incident.
🛡️Fortress Trust is currently the custodian for I Trust Capital, after acquiring Prime Trust.
❌Transparency and information around these custodians' practices are limited, raising concerns about their reliability.
📚Prioritize research and choose a trustworthy custodian to safeguard your IRA investments.
What happened to Prime Trust, the custodian for I Trust Capital?
—Prime Trust faced bankruptcy due to a security incident and is no longer the custodian for I Trust Capital.
Who is the current custodian for I Trust Capital?
—Fortress Trust is the current custodian for I Trust Capital after acquiring Prime Trust.
What concerns are raised regarding these custodians?
—Limited transparency and information about their practices raise concerns about their reliability.
How should I approach choosing a custodian for my IRA investments?
—Prioritize thorough research to ensure the reputation and security measures of the custodian are trustworthy and reliable.
Why is it important to choose a reliable custodian?
—A reliable custodian will safeguard your IRA investments and provide peace of mind.
06:53It's important to research the reputation and security measures of custodians for your IRA investments. Prime Trust, previously affiliated with I Trust Capital, faced bankruptcy due to a security incident. They are now operating under Fortress Trust, but transparency is limited. It's crucial to research and choose a reliable custodian for your IRA investments.
