Mainstar Trust Reviews 523

TrustScore 4 out of 5

3.8

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Rated 1 out of 5 stars

Mainstay trust would not accept an electronic signature from Fidelity. This is the only time I have ever had this issue. I am closing my account as this is the first time I can transfer the asset to... See more

Rated 5 out of 5 stars

I reached out regarding setting up a tradional IRA with some of my private company stocks and I had no idea how to do this process. Jo Lynn Barnes was wonderful about taking time out of her busy day t... See more

Company replied

Rated 5 out of 5 stars

I'm a retail investor who's gradually taking control of my own investments. This means moving things out of various target ETFs and such at national firms and moving them into stocks that I pick and h... See more

Company replied

Rated 5 out of 5 stars

Your service is excellent. Personnel on phone always polite, business like and can usually answer all questions put to them. There is follow-up regarding any problems that may arise with paperwork... See more

Company replied

Company details

  1. Money & Insurance

About Mainstar Trust

Information provided by various external sources

Innovative Leader in Specialized Retirement Services

Mainstar Trust is an innovative leader in custodial services that diversify and maximize long-term objectives for retirement and taxable account holders and financial advisors.

With our custodial services, you gain more control over your financial future, while having the knowledge and support to help you navigate the way.

Flexibility. Opportunity. Control.

These are the hallmark features of a self-directed IRA.

We offer a wide variety of asset types to fit your financial needs and interests, helping you maximize your investment and retirement objectives.

Why Mainstar Trust

Your respected & trusted financial partner.

We offer alternative, cost-effective retirement solutions, excellent services, and prompt and personal client support that put the reigns of your financial future firmly in your hands.


Contact info

3.8

Great

TrustScore 4 out of 5

523 reviews

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Rated 5 out of 5 stars

A quick and easy transaction

A quick and easy transaction. Very professional and diligenet.

September 14, 2021
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Reply from Mainstar Trust

Glad to hear that you are pleased with the experience. We appreciate your business. Please let us know if we can help in any way going forward.

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Rated 5 out of 5 stars

A great improvement

A great improvement in last several years.

September 14, 2021
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Reply from Mainstar Trust

Glad to hear about your positive experience. Thank you for taking the time to respond.

Rated 5 out of 5 stars

Mainstar Trust Company streamlined my…

Mainstar Trust Company streamlined my investment process to the point where it took very little input from me personally. Through this process I gained a great deal of respect for Mainstar employees which will lead to further business in the future.

May 26, 2021
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Reply from Mainstar Trust

Thank you for the great feedback on your experience with Mainstar Trust. We appreciate it.

Rated 5 out of 5 stars

Phenomenal experience

Phenomenal experience. Team is very responsive and helpful.

May 26, 2021
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Reply from Mainstar Trust

Thank you for the positive feedback. We will share with our team. Thank you for taking the time to reply.

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Rated 5 out of 5 stars

It never takes long to speak with a…

It never takes long to speak with a representative and they always answer my questions. Excellent customer service!

May 26, 2021
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Reply from Mainstar Trust

Thank you for the great feedback on your experience with Mainstar Trust. We appreciate it.

Rated 1 out of 5 stars

It's Awful

1/ Conferred with MainStar about what forms were needed, and also acknowledged with staff that there was ample time for me determine next steps. However, my out of town family member were constantly telephoned requesting my personal information. As I understand from staff's explanation, the "representatives office" (I have no idea what that even is) repeatedly ignored my multiple written requests to not call my family.

2/ After all this constant pursuit, my account was created but couldn't be accessed online to navigate around; and from Mainstar's website reports, the account appeared empty for an extensively long time (weeks and weeks). I emailed and asked about this, and received account credentials many weeks later.

3/ My preference is to have another entity be the custodial agent, but that was met with so much displeasure from Mainstar. I don't care for this company, nor its unethical practices. The end.

May 25, 2021
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Reply from Mainstar Trust

Thank you so much for your reply. We are reaching out to you to see if we can provide assistance and answer any questions. Thank you for being a customer.

Rated 5 out of 5 stars

Mainstar Trust provides excellent client service

Mainstar Trust provides excellent service at very reasonable fees. I have 3 separate accounts with them and their responsiveness and professional is terrific. I highly recommend them.

May 25, 2021
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Reply from Mainstar Trust

Thank you for for the kind comments. We are pleased to hear about your positive experiences and appreciate you being a customer.

Rated 5 out of 5 stars

Mainstar very good about following…

Mainstar very good about following through and making sure everything gets done properly.

May 25, 2021
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Reply from Mainstar Trust

Glad to hear. We pride ourselves on our customer service. We will share your experience with our team. Thank you for taking the time to reply.

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Rated 5 out of 5 stars

Very courteous customer service reps

Very courteous customer service reps. And patient in answering questions.

May 25, 2021
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Reply from Mainstar Trust

We will pass on your feedback! We appreciate you recognizing our great team members.

Rated 5 out of 5 stars

I called with a question

I called with a question. The person who answered the phone happened to have recently worked on my wife's account and was already familiar with the transaction in question. She not only knew the answer, but also explained the process which was new to me. Her words were informative and her tone was pleasant.

Heck, talking with her was such a pleasant experience, that if I am ever having a down day I think I will call Mainstar with another question.

May 25, 2021
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Reply from Mainstar Trust

That is why we are here. We pride ourselves on providing personalized customer service. Please let our customer service team know if we can provide additional assistance.

Rated 5 out of 5 stars

Transfer of IRA

May 25, 2021
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Reply from Mainstar Trust

Thank you for taking the time to reply. We appreciate you being a customer. Please reach out to us if we can be of any assistance.

Rated 1 out of 5 stars

I was told I would not incur ANY fees

I was told I would not incur ANY fees, yet, was charged all these fees. I was promised I would get someone to call me back, as I sent an email verbalizing my concern and I NEVER heard back. So much for customer service.

May 25, 2021
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Reply from Mainstar Trust

Thank you so much for your reply. We are reaching out to you to see if we can provide assistance and answer any questions. Thank you for being a customer.

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Rated 5 out of 5 stars

phone assistance

Helpful and efficient!

May 25, 2021
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Reply from Mainstar Trust

Thank you for taking the time to reply. We are pleased to hear about your positive service experiences.

Rated 5 out of 5 stars

Mainstar has been great to work with

Mainstar has been great to work with. They handle my transactions on a accurate & timely manner

May 20, 2021
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Reply from Mainstar Trust

Glad to hear about your positive experience. We understand how important timeliness is on these types of transactions. Thank you for taking the time to respond and for your business.

Rated 5 out of 5 stars

Very informative

Very informative, statements are easy to understand, always accommodating.

May 20, 2021
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Reply from Mainstar Trust

Thank you for the great feedback on your experience with Mainstar Trust. We appreciate it.

Rated 5 out of 5 stars

Working with my financial advisor

Working with my financial advisor, Mainstar has always provided me with great service including setting up accounts and providing timely responses to my questions.

May 19, 2021
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Reply from Mainstar Trust

We are very glad that you have had positive service experiences. Thank you for taking the time to reply.

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Rated 4 out of 5 stars

Long process to transfer account from…

Long process to transfer account from former financial holder

May 19, 2021
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Reply from Mainstar Trust

Thank you for taking the time to complete the review and for your feedback. We enjoyed talking to you and are glad to know everything has been taken care of.

Rated 5 out of 5 stars

All gong good

All gong good - Have had very good service through this process

May 18, 2021
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Reply from Mainstar Trust

Great to hear. Thank you for taking the time to share your experience with us. We appreciate it.

Rated 1 out of 5 stars

Very Unhappy!

My husband has been trying to cash our account for a month. We get one excuse after another for why we cannot get our money. This company is very difficult to work with.
We are seriously considering taking legal action.

May 18, 2021
Unprompted review
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Reply from Mainstar Trust

Thank you for taking time to complete the review and for your feedback. We enjoyed talking to you and are glad to know everything has been taken care of. Thank you for being a customer and using Mainstar Trust as your Custodian.

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