OAKBROOK, Ill., Sept. 26, 2013 /PRNewswire-iReach/ -- Millennium Trust Company and ClearVest announced today that Millennium will be a recommended custodian for the ClearVest platform.  Investors on the platform will now be able to select Millennium Trust as their custodian of choice during the ClearVest account setup process.

ClearVest, launched earlier this year, provides a total portfolio solution to financial advisors and their clients.  It enables users to simplify their investment process by offering a diversified selection of unique funds through an easy to use, intelligent interface.  In addition to offering access to a range of highly sought-after alternative investment strategies, investors are given access to world-class research as well as a complete suite of analysis tools for portfolio modeling, management and monitoring of investments.  This leading-edge platform provides a seamless investment experience from initial due diligence and account setup to ongoing performance reporting.

"We wanted to choose a custodian that is sophisticated enough to track with our investment offerings, infrastructure and technology, yet committed to serving the needs of financial intermediaries and their investors," said Michael Griffin, CEO of ClearVest. "Millennium Trust Company, with over a decade's worth of experience providing custody services for some of the leading financial institutions and advisors in the industry, as well as their clients, is the perfect choice."

Millennium Trust Company has been providing custody services since 2000, specializing in alternative assets. A recognized leader in the alternative space, the firm is known for its ability to develop solutions to any issues that may arise in complex custody situations.

"We are very excited to work with ClearVest," said Millennium CEO Scott McCartan, CFAâ, "They've brought to market one of the more robust independent managed account platforms available to RIAs today.  As an innovator in the financial services industry, Millennium's goal of continually developing new alternative asset custody solutions for institutions and individual investors is well suited to the ClearVest platform approach. "

About Millennium Trust Company

Millennium Trust Company is a leading financial services company offering niche alternative custody solutions to institutions, advisors and individuals. We serve as a complement to services offered by other custodians. Our innovative solutions include rollover solutions, alternative asset custody, private fund custody and advisor support services. Additional information about Millennium Trust Company may be found at www.mtrustcompany.com.

Millennium Trust performs the duties of a directed custodian and, as such, does not perform due diligence on prospective investments, sponsors or service providers and does not sell investments or provide investment, tax or legal advice.

About ClearVest

ClearVest is an independent investment platform incorporating world-class research, institutional quality infrastructure, and leading edge technology for today's investors, including institutions, wealth advisors and ultra-high net worth investors. ClearVest offers unique access to a diversified offering of alternative managers that investors can incorporate alongside traditional long-only assets and investments to achieve a truly diversified portfolio, supported by analytical tools, research and reporting. Users will have access to a customized managed account solution with unique, integrated cloud-based technology, including daily position reconciliation, daily risk monitoring and reporting, performance analytics, NAV calculation and complete investor reporting. ClearVest was founded in 2013 by HedgeAct, The Alpha Cooperative and Clearbrook Global Advisors. For more information please visit www.clearvestllc.com.

Media Contact: Leslie Sid, Impact Communications, 913-649-5009, leslieswid@impactcommunications.org

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SOURCE Millennium Trust Company

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