About Us
Columbia Private Trust, a Division of Columbia Bank
Columbia Private Trust helps clients take an active role in allocating their retirement investments, providing the opportunity to diversify their portfolios and grow wealth.
We're proud to offer award-winning expertise in alternative assets and self-directed IRAs to both institutional and individual investors; clients and solutions are our priority. We are highly-regulated industry experts in the custody of alternative and standard assets.
As a division of Columbia Bank, Columbia Private Trust is one of the most well-capitalized organizations in the self-directed IRA industry.
As a self-directed IRA custodian, Columbia Private Trust is responsible for processing your investment instructions and providing custodial services for the assets in your account over the course of the investment's lifetime (or for as long as the investment remains in your account).
After you open your account, Columbia Private Trust will help guide you through the process of funding your first investment, and we'll be here to assist with future transactions. Columbia Private Trust IRA experts review each new transaction to ensure proper custody of the asset, and we document IRA ownership for tax deferment and IRS reporting needs.
What We Do
Once you've made an investment in your self-directed IRA, Columbia Private Trust manages the extensive recordkeeping that is necessary to comply with required reporting by the IRS and to IRA owners. We handle the reporting of contribution, distribution, and investment activity within the account, including quarterly reports, processing of annual asset valuations, and other documentation.
At Columbia Private Trust, we're committed to your continued success. After the investment liquidates and proceeds are returned to the IRA, you can also invest in Marketable Securities for the long term — or until you find another alternative asset to invest in.
It's very important to understand that you and your advisors – not Columbia Private Trust – are solely responsible for evaluating the merits and suitability of any potential investment. Columbia Private Trust’s role is to determine if an investment can be held in a self-directed IRA. We do not approve or endorse any investments, and we do not offer legal or tax advice. We always encourage our clients to conduct ample due diligence and to work with a financial professional before making an investment decision.
Leadership
Tamara Wendoll
EVP, Managing Director
[email protected]
William G. Eustis
EVP, Head of Sales & Strategic Partnerships
[email protected]