About Us
Pacific Premier Trust, a Division of Pacific Premier Bank
For over 30 years, Pacific Premier Trust has helped clients take an active role 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 Pacific Premier Bank, Pacific Premier Trust is one of the most well-capitalized organizations in the self-directed IRA industry. In 2020, Pacific Premier Bank acquired Opus Bank and its wholly-owned subsidiary, PENSCO Trust Company, now Pacific Premier Trust. Founded in 1983, Pacific Premier Bank® is one of the strongest-performing banks in the nation with approximately $18 billion in total assets.1
As a self-directed IRA custodian, Pacific Premier 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, Pacific Premier Trust will help guide you through the process of funding your first investment, and we'll be here to assist with future transactions. Pacific Premier 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.
Leadership
Tamara Wendoll
Sr. EVP, President of Pacific Premier Trust
[email protected]
William G. Eustis
EVP, Head of Sales & Strategic Partnerships
[email protected]
Pacific Premier Trust by the Numbers
$18 Billion Assets Under Custody
32,000 Client Accounts
35,812 Unique Assets
Approximate numbers of 9/30/2024
What We Do
Once you've made an investment in your self-directed IRA, Pacific Premier 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 Pacific Premier 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 Pacific Premier Trust – are solely responsible for evaluating the merits and suitability of any potential investment. Pacific Premier 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.
Pacific Premier Trust through the years.
Scroll through our timeline to learn about our 30+ year history.
1989
PENSCO (now Pacific Premier Trust) was founded on December 6, 1989.
1990
First alternative asset custodian to enable clients to view their transactions and asset holdings online.
1994
First alternative asset custodian on the Internet.
2001
Pioneered our Power Professional Directory, a national reference database of professionals who know how to work with alternative asset investments: Registered Investment Advisors, CPAs, attorneys, and other professionals.
2002
First alternative custodian to offer online IRA application.
2003
First alternative custodian to provide automatic email notifications of each transaction.
2005
First alternative custodian to host a national symposium on self-directed alternative asset investing for CPAs, attorneys and financial advisors.
2010
Our founder, Tom Anderson, becomes President of the Retirement Industry Trust Association (RITA), which advocates for and educates both consumers and professionals about the self-directed IRA industry.
2012
Acquired the self-directed IRA business of Lincoln Trust, a Denver alternative asset custodian, to become the nation’s largest independent custodian of alternative investments by assets at the time.
2015
Launched the award-winning Alt-Nav™ online investing platform.
2016
Acquired by Opus Bank, operating as a wholly-owned subsidiary.
Our Alt-Nav platform is recognized for “Most Innovative Technology Solution” at 2016 HFM US Technology Awards.
2016 -
2017
The company is chosen by many of the nation’s most well-known broker-dealers, such as Morgan Stanley and UBS, as successor custodian for their clients holding alternative assets in IRAs.
2018
Launched Custodian Connect™ (now Premier API), an API-driven solution providing investment platforms a fully integrated end-to-end and paperless process for providing their clients the option to invest via an IRA.
Recognized by WealthManagement.com for Alt-Nav™ online investing technology.
2019
Launched Fund Custody Services for Private Funds. With 30 years of alternative asset custody experience, we can now custody private funds and help Fund Managers or Registered Investment Advisors comply with the Custody Rule.
2020
On June 1, 2020, PENSCO joins Pacific Premier Bank and becomes Pacific Premier Trust.
1 Pacific Premier Bancorp, Inc. with approximately $18 billion in total assets as of 09/30/2024. Pacific Premier Bank is a wholly owned subsidiary of Pacific Premier Bancorp, Inc.