What Happened?
Oak Brook, Illinois-based Millennium Trust Company Appointed Michael Herman as Chief Technology Officer
Date of management change: June 22, 2022
Oak Brook, Illinois-based Millennium Trust Company Appointed Michael Herman as Chief Technology Officer
Millennium Trust Company provides innovative custody solutions for IRA rollovers, alternative assets, and funds. With $20.8 billion in assets under custody and more than 520,000 accounts under administration (as of 12/31/2016), Millennium Trust Company is a leader in providing custody services for both alternative and traditional assets. Millennium Trust performs the duties of a directed custodian. As such, it does not provide due diligence for third parties on prospective investments, platforms, sponsors or service providers and does not sell investments or provide investment, tax or legal advice.
Michael Herman is Chief Technology Officer at Millennium Trust Company. Previously, Michael held various senior IT leadership roles in the industry.
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