Nevada Trust Company Reviews

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.

64%
Transparency Index

Information last updated on: 11/12/2025

Company certified on: 02/22/2016

1

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.


2

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)


3

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:

  • Trust Administration
  • Estate and Tax Planning

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


4

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


5

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


6

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)


7

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)


8

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)


9

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)


10

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


11

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


12

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.

64%
Information Transparency

Willingness to provide information - Moderate

Company Certified Information

Information last updated on: 02/22/2016


13

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.


14

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)

  1. Legitimacy - Prevention of fraudulent investments and schemes
  2. Transparency - Providing clients with transparent information
  3. Visibility - Creating greater visibility about self-directed IRAs to investors
  4. Coordination - Coordinating with other custodians, administrators, and professionals

15

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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