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Equity Trust Expands its Bullion Storage Options for IRA Holders By Offering Two Additional Depositories

11-20-2019 08:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Equity Trust Company

/ PR Agency: Kowal Communications, Inc.
WESTLAKE, OH – November 19, 2019 – Equity Trust Company, a leading custodian of self-directed IRAs, has strengthened its presence in the precious metals market by partnering with bullion storage providers International Depository Services Group (IDS) and Brinks Global Services. Together with its long-standing and current storage partner, Delaware Depository, Equity Trust will now have three bullion storage depository options with six locations across the country.

“Equity Trust is dedicated to offering best-in-class solutions for its customers, and to meeting the needs of our expanding business within the precious metals market,” said George Sullivan, Equity Trust Chief Executive Officer. “We’re pleased to now have relationships with three industry leaders in the deposit and secure storage of bullion assets, which enables us to significantly increase the number of storage options and locations available to our account holders.”

Selected for its experience in the precious metals market and high standard of customer care, IDS specializes in fully segregated storage of physical gold, silver, platinum, certified coins and other metals. Two of its three locations, IDS of Delaware and IDS of Texas, have been added as two additional options to protect, insure and store physical assets owned through Equity Trust retirement accounts. IDS Delaware is a licensed CME depository for gold, silver, platinum and palladium. Additionally, IDS locations in the United States are Associates of the London Bullion Market Association. IDS is privately owned by Dallas-based precious metals wholesaler, Dillon Gage.

In addition, Equity Trust has approved three locations of Brinks Global Services for the storage of precious metals on behalf of its account holders. Brink’s Global Services USA, Inc., is an affiliate of Brink’s, Incorporated, a leading international provider of secure logistics and security solutions.

IDS and Brinks join Equity Trust’s long-standing and current storage partner, Delaware Depository, which is a state-charted trust company and approved depository of the CME Group (COMEX and NYMEX Divisions) for the storage of gold, silver, platinum and palladium. Beyond its decades of experience and its personalized customer care, Delaware Depository employs “defense in depth” security controls and procedures to protect customer assets from theft or damage. These internal controls have been externally audited in accordance with SSAE-18 standards.

Brendan Hughes
Equity Trust Company
One Equity Way
Westlake, OH 44145
b.hughes@trustetc.com
(888) 382-4727 ext. 7236

Equity Trust Company is a financial services company that enables individual investors and financial professionals to diversify investment portfolios using alternative asset classes such as real estate, private debt, private equity and precious metals. The Equity Trust family of companies offers custodial services for alternative investments and back-office solutions for Registered Investment Advisors, brokerage services, directed trustee services and more. Equity Trust Company is a directed custodian and does not provide tax, legal or investment advice. Equity Trust Company is the trusted custodian and administrator of $25 billion in assets on behalf of more than 170,000 clients as of Dec. 31, 2018. For more information, visit https://www.trustetc.com. Financial professionals visit https://www.equityinstitutional.com.

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