FNEX adds Kingdom Trust Company to its online investment marketplace
Kingdom Trust Company’s accredited investors will now have access to FNEX.com through the Kingdom Trust Company platform.
Investors on the FNEX platform have the ability to source, review and invest in a variety of alternative investments and will be able to invest through their select Kingdom Trust IRA accounts.
FNEX is a 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 US. The distribution platform lists offerings and provides investors with the necessary tools to educate themselves on alternative investment opportunities.
“Kingdom Trust has extensive experience providing flexible, innovative and cost effective self-directed IRA and custody solutions to the investment industry,” says Todd Ryden, chief executive of FNEX. “Through direct integration with Kingdom Trust, the placement process is expedited, making the platform a single online destination for Kingdom Trust customers interested in alternative investments.”
The Kingdom Trust Company serves as an independent qualified custodian for the assets of clients of registered investment advisors, broker-dealers, and investment sponsors, as well as individual retirement accounts (IRA), non-qualified plans, and qualified defined contribution plans (401(k)s). Kingdom Trust provides custodial and administrative services where needed to support the investment needs of customers from Wall Street to Main Street.
“We are pleased to announce this strategic partnership with FNEX, a resource for identifying, reviewing and investing in a full range of alternative investments,” says Kingdom Trust chief executive Doug Lawson (pictured). “As part of the partnership, Kingdom Trust will serve as a source of custodial services for emerging managers who seek new capital in the form of IRA funds.”
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