Mainstar Trust

Mainstar Trust is a retirement custodian for self-directed IRAs and other accounts that hold alternative investments. It works with individual investors, small businesses and financial professionals, and its advisor program lets financial advisors offer clients alternative investments on a tax-advantaged basis.

Accepted assets include private placements, non-traded REITs, private lending such as promissory and mortgage notes, LLC and limited partnership interests, real estate, annuity policies, business development companies, corporate bonds, CDs, mutual funds and stocks. For advisors, Mainstar handles fiduciary transfers and rollovers and helps with required minimum distributions, tax reporting, prohibited transaction rules and UBTI. Advisors open accounts online, can pre-approve the sponsored products they use, and see each client's assets, transactions and statements in a client access portal. Mainstar sends data to Orion, eMoney, DST FAN Mail and DTCC, and asset sponsors submit offering documents through a secure upload.

Mainstar Trust is a trust company in Onaga, Kansas, and traces its experience to 1978. It charges annual account fees and AUM-based fees, publishes fee tables by asset type, and offers retirement, small business, taxable and deposit accounts.