SOURCE: Millennium Trust Company

Alternative Investments, Self Directed IRA, IRA Custodian, Automatic Rollovers, Futures, HSAs

February 07, 2011 09:00 ET

Millennium Trust Company to Enhance Alternative Investments and Futures Client Service Teams With Strategic New Hire

OAK BROOK, IL--(Marketwire - February 7, 2011) - Millennium Trust Company proudly announces that John Villegas has joined the management team as Senior Vice President of Alternative Investments and Futures Client Service.

Millennium Trust is coming off an exceptional year that resulted in record growth in its Alternatives and Automatic Rollover business. "Our Alternative Solutions Group has experienced rapid business growth, which is expected to continue in 2011 and beyond," states Reggie Karas, Senior Vice President of the Alternative Solutions Group.

With the growth of Millennium Trust's Alternatives business, Mr. Villegas' expertise will be an asset to the firm as he focuses on building solutions designed to ensure seamless and successful transition of client accounts. Mr. Villegas will continue to improve upon the client service experience that clients have come to expect from Millennium Trust.

"John brings extensive financial services industry and management experience to the firm and we are very pleased to have him on board," states Gary Anetsberger, Chief Operating Officer. "Additionally, his expertise and experience in building strong relationships with institutional and individual clients, as well as his experience working with TPAs and Advisors, will help build our institutional custody solutions. This will help further enable the firm to meet the needs of a wide range of clients across all our lines of business."

Prior to joining Millennium Trust, Mr. Villegas worked for Payden & Rygel Investment Management as a Business Development Officer. Additionally, he has held senior positions with Charles Schwab Trust Company and ADP Retirement Services. Mr. Villegas has 15 years industry experience, the last 10 of which have been directly involved in managing, developing and servicing financial products and the teams that support them. Mr. Villegas has a Degree in Finance from DePaul University and is bilingual in English and Spanish.

About Millennium Trust Company

Millennium Trust Company is an industry leader in administrative and IRA custodial services. Millennium custodies alternative and traditional assets in IRAs, Solo 401(k)s and custody accounts, creates customized Automatic Rollover programs, provides integrated Health Savings Account solutions and designs unique trading platforms for Investment Advisors. Additional information about Millennium Trust Company may be found at

Millennium Trust performs the duties of a custodian and, as such, does not provide investment advice or sell investments, nor offer any tax or legal advice.

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    Mary Hackbarth
    SVP, Director of Marketing
    Millennium Trust Company
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