This is a third party review of Nevada Trust Company. This due diligence report reviews over 100 different data points for Nevada Trust Company to provide you with a thorough due diligence report of the company to help you make a better decision. The public version provides only 20 of these data points. If you want to see the full version of this review, you can click the button below.
Information last updated on: 11/12/2025

Company certified on: 02/22/2016
Nevada Trust Company
Introduction
Since it was founded in 1995, Nevada Trust Company (NTC) has served a wide range of sophisticated and demanding institutional, trust and individual clients. The expertise of their people allows them to provide their clients with financial advice, integrated solutions and intelligence that is rarely available from one source. The core of their strength is their people.
Nevada Trust Company
Contact Information
Website: | |
|---|---|
Phone Number: | (702) 696-0000 |
Email: |
Offices:
Corporate Office: | 9130 W. Russell Road, Suite 310, Las Vegas, NV 89148 |
Business Hours: | 8:00 AM - 5:00 PM MST (Monday - Friday) |
Nevada Trust Company
Company Details
Company Classification: | Custodian |
Date Established (under current name): | 1995 |
Type of entity: | (Not Disclosed) |
Who provides custody for client assets: | Northern Trust |
Company is registered in: | Nevada |
Primary Line of Business: | Providing self-directed IRA custody to clients for alternative investments |
Other Lines of Business: |
|
Typical Client: | Retail |
Capable of working with Financial Advisory Firms | (Not Disclosed) |
Governmental Agency Oversight: | Nevada Finanical Institutions Division |
Company's Last Audit: | 2015 (by: The Audit Group) |
Summary of Assets Under Custody
Number of Active Clients: | 900 |
Number of Active accounts: | 1,000 |
Amount of assets company provides custody for: | $150 Million |
Self-Directed IRA Industry Affiliations
Self-Directed IRA industry affiliations (outside of this company): | None |
Ownership of industry related websites: | None |
Industry related company affiliations: | None |
Industry related non-profits: | None |
Industry related associations: | None |
Industry related board of trustee positions: | None |
Industry related publications: | None |
Nevada Trust Company
Fee Schedule
Account Setup Fee: | $250 |
Account Termination Fee: | $250 |
Service Fee Classification: (flat, transaction-based, asset-based, hybrid) | Asset-based fee |
Company Fee Schedule: | Nevada Company Fee Schedule (not available) |
Compare Company's Fees to other Custodians & Administrators
Nevada Trust Company
Available Account Types
Type of Account: | Available at Nevada Trust Company |
|---|---|
Traditional IRA | Yes |
Roth IRA | Yes |
SEP IRA (or SERSEP) | Yes |
SIMPLE IRA | Yes |
Individual 401(k) | Yes |
Defined Contribution Plan (Group plan e.g. 401k, 403b 457) | No |
Defined Benefit Plan (pension) | No |
ESOP (Employee Stock Ownership Plan) | No |
Health Savings Account (HSA) | No |
Education IRA (ESA) (Coverdell Education Savings Account) | No |
Non-Qualified Account (Individual) | Yes |
Non-Qualified Account (Joint Tenants) | Yes |
Trust Account | Yes |
Partnership / Limited Partnership | Yes |
UTMA / UGMA Custodial Account | Yes |
C-corp, S-corp, or LLC account | Yes |
Other: | N/A |
Nevada Trust Company
List of Allowable Assets
Type of Asset | Allowed For Custody? |
|---|---|
Real Estate | Yes |
Private Placement (Reg A) | Yes |
Private Placement (Reg D) | Yes |
Private Placement (e.g. REIT, BDC, etc) | Yes |
Precious Metals | Yes |
Futures or Managed Futures | No |
Options or Hedges (non-publicly Traded) | No |
Bitcoin (or other virtual currency) | No |
FOREX | No |
Hedge Funds | No |
Limited Partnerships | Yes |
Single-member LLC (or Checkbook LLC) | Yes |
Multi-member LLC | Yes |
REITs | Yes |
Annuities (fixed or Variable) | Yes |
Viaticles or Life Settlements | Yes |
Insurance (other) | No |
Trust Deeds | Yes |
Tax Liens | Yes |
Private Lending (Unsecured Notes) | Yes |
Private Lending (Secured Notes) | Yes |
Private Company Stock | Yes |
Public Company Stock (or ETFs) | Yes |
Publicly Traded Options | No |
Church Bonds | No |
Mutual Funds or Closed-End Funds (CEF) | Yes |
Livestock, Horses, or similar animals | No |
Business Development Company (BDC) | Yes |
International Real Estate | No |
International Asset (other than real estate) | No |
Other | N/A |
Does Nevada Trust Company sub-custody certain assets at other firms: | No |
Does Nevada Trust provide sub custody services to other firms: | No |
Asset Specialization: | No specialization |
Most popular assets held: | (Not Disclosed) |
Nevada Trust Company
Operations
Client account title format: | Nevada Trust Company as Custodian FBO: [Participant Name] |
Number of full-time employees: | 8 |
Process for setting up a new account: | (Not Disclosed) |
Process for adding a new asset to client account: | (Not Disclosed) |
Procedures in place to protect client information: | (Not Disclosed) |
Procedures for annual valuations: | (Not Disclosed) |
Procedures for when an investment is suspected to be or is found to be fraudulent: | (Not Disclosed) |
Nevada Trust Company
Technology
Does company participate in DTC system: | (Not Disclosed) |
Details of DTC: | (Not Disclosed) |
Does company accept Fed Funds wires: | (Not Disclosed) |
Fed Funds wire details: | (Not Disclosed) |
Client account access: | (Not Disclosed) |
Accounting: | (Not Disclosed) |
Account reporting: | (Not Disclosed) |
Trading investments: | (Not Disclosed) |
Safekeeping of client assets: | (Not Disclosed) |
Record keeping of client assets: | (Not Disclosed) |
Document storage: | (Not Disclosed) |
Compliance: | (Not Disclosed) |
Security and client information protection: | (Not Disclosed) |
Nevada Trust Company
Management Team
- Peter Kingman, President
- James M. Kriss, VP
- David H. Thorson, VP
Access Company Management Profiles
Glassdoor Ratings: (How company rates as an employer) (no profile)
Nevada Trust Company
Client Protection
Insurance coverage limits for client assets: | None |
Coverage for uninvested cash balances: | None |
Errors & Omissions coverage (E&O): | None |
Additional or supplemental insurance coverage for client accounts: | None |
Have any owners or managing members of the company been charged with a felony, theft, or fraud: | No |
Has the company itself ever been investigated, charged, or convicted of a felony, fraud, theft, or industry related violation: | None |
Nevada Trust Company
Customer Satisfaction
Better Business Bureau: (click to review BBB overview) | |
Accredited Business since: | 12/07/1998 |
BBB Rating: | A+ |
Yelp Ratings: (click to review yelp ratings) | |
Number of people on customer service team: | 4 |
Number of people on the "premier" or " institutional" customer service team: | 4 |
Number of people on the team that performs investment reviews for client assets: | (Not Disclosed) |
Average turnaround time for a client's new investment (assuming all documents required have been send in by client): | (Not Disclosed) |
Average turnaround time for setting up a new client account (assuming all documentation required has been sent in by client): | (Not Disclosed) |
Method of client account access: | Online access |
Is client education provided by company: | Yes |
Is financial advice provided by company to client: | Yes |
Nevada Trust Company
Self Direct Your Retirement Transparency Index
The Self Direct Your Retirement Transparency Index is a metric we have developed to indicate how transparent self-directed IRA custodians and administrators are about their company. We value transparency as an ideal trait from a company that is providing custody or administration of your retirement accounts. It shows that the company has nothing to hide about their activities. You should consider this when you are making your choice.
The Self Direct Your Retirement Transparency Index is split into two parts. The first part is whether they voluntarily provided this information to us or whether we had to find this data on our own. Companies that provided us with the data were given the "company certified seal". If they did not participate, the seal does not show up in their profile. The second part of the index is how transparent the companies were in providing us with this information. A higher transparency number indicates a more transparent company. A number above 80% is ideal. There may be legitimate reasons companies do not want to share certain information, but you should consider this when making your decision.
Below the seal, we have listed the last time the company provided us with information. As long as the company has the certified seal, the information should be considered up-to-date. We contact the company periodically to ensure the information is accurate. If the company chooses not to verify the information, then we remove the seal. Transparency is only one factor you should consider when choosing a self directed IRA custodian or administrator.
Willingness to provide information - Moderate
Company Certified Information
Information last updated on: 02/22/2016
Nevada Trust Company
Compared to Peers
Visit the Self-Directed IRA custodian & administrator comparison page to see how Nevada Trust Company compares to its peers.
Nevada Trust Company
Company Spotlight - Industry Trends
We asked Nevada Trust Company to provide their individual insight into the following questions. This section is a bit more personal. The idea is that it will give you more insight into the company you are considering to provide custody of your investments.
What trends do you see in the self-directed IRA industry? | A focus on real estate purchases with IRAs. |
What trends in asset types do you see at your firm? | No new trends. |
What is your firm's biggest concern about the self-directed IRA industry? | Educating clients |
Please list some additional concerns your firm has about the industry? | (Not Disclosed) |
Do you see any changes in regards to what investors want from custodians and administrators? | (Not Disclosed) |
What are your company's biggest challenges? | (Not Disclosed) |
What are the self-directed IRA industry's biggest challenges? | (Not Disclosed) |
What needs to be changed in the Self-Directed IRA industry? | (Not Disclosed) |
How could the Self-Directed IRA Industry improve? | (Not Disclosed) |
What is the biggest reason for the company's success? | (Not Disclosed) |
Company's view of important of the following items (ranked in order of importance)
- Legitimacy - Prevention of fraudulent investments and schemes
- Transparency - Providing clients with transparent information
- Visibility - Creating greater visibility about self-directed IRAs to investors
- Coordination - Coordinating with other custodians, administrators, and professionals
Nevada Trust Company
Conclusion
Nevada Trust Company has a moderate level of transparency. There should be a decent amount of information on which to make a determination, but it is still not adequate from our perspective. In order to make the best decision possible you should request additional information from the company.
Looking at a company's transparency is only the first step in the process of finding a suitable self-directed IRA custodian or administrator. With this information, you can make a determination about whether Nevada Trust Company is the best choice for your retirement investing needs. If you are missing information, it makes your task more difficult.
Please use our Self Directed IRA Custodian & Administrator Comparison Tool to help you assess whether Nevada Trust Company is the right choice for you.
One of the biggest areas of frustration we see from self-directed IRA investors is when they realize they have chosen the wrong self-directed IRA custodian or administrator. It takes time to set up an account and fund your investment. The last thing you want to do when you are trying to fund your investment is to think about changing to a different custodian. Choose your Self-Directed IRA custodian or administrator wisely. If you put the time in now to find the right company, you will save time, money, and aggravation later. Read our Choosing a Self-Directed IRA Custodian report for more information.
Next Steps... Once you have located your ideal Self-Directed IRA Custodian or Administrator, you will be on your way to self-directing your retirement. If you decide that this process seems too complex and you need assistance or financial advice, feel free to contact us. Our firm specializes in providing financial advice pertaining to alternative investments held in self-directed IRAs and 401ks. We are fiduciaries and provide unbiased financial advice to our clients. Contact us if you want to learn more about our wealth management services.
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