Equity Trust was the only option we had
Equity Trust was the only option we found for holding private stock in a retirement account, but the experience has been frustrating AND disappointing. Their annual fees are very high, and customer support has been frustrating. When my private company was sold on March 31, 2026, Equity Trust failed to properly review the paperwork, needed guidance through the process, and never provided wire instructions to the transfer agent, leaving nowhere for the funds to be sent. For perspective - my non-IRA account received money the same day once processed. Resolving Equity Trust's errors has been a significant headache.