Frequently asked questions

Our most common questions from investors.
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click this down arrow to expand this particular frequently asked question: How do I open an account?
How do I open an account?

Getting started on Yieldstreet is easy. In order to be able to invest, you need to complete three steps to set up your account:

  1. Verify identity: you can confirm your identity by providing a photo of your government ID.
  2. Link a bank account: this is required to fund either your investments, or your Yieldstreet Wallet
  3. Verify accreditation: to invest in the Yieldstreet Prism Fund you do not need to verify your accreditation status. However, to invest in single asset class offerings, investors must verify their status. To do this, you must submit documentation that confirms you meet the requirements of an accredited investor.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Yieldstreet Prism Fund before investing. The prospectus for the Yieldstreet Prism Fund contains this and other information about the Fund and can be obtained by emailing [email protected] or by referring to www.yieldstreetprismfund.com. The prospectus should be read carefully before investing in the Fund.

Investments in the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency) and are not guaranteed by Yieldstreet or any other party.

The securities described in the prospectus are not offered for sale in the states of Nebraska or North Dakota or to persons resident or located in such states. No subscription for the sale of Fund shares will be accepted from any person resident or located in Nebraska or North Dakota.

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click this down arrow to expand this particular frequently asked question: Does Yieldstreet accept investments from foreign investors or U.S. citizens living abroad?
Does Yieldstreet accept investments from foreign investors or U.S. citizens living abroad?

If you are not a U.S. citizen, but live and work in the U.S., you may be eligible to invest.  

Yieldstreet is available to investors with a valid EIN#, TIN#, or SSN#. You’ll also need a U.S. bank account as well as a U.S. mailing address.

We hope to be accessible to international investors in the future.

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click this down arrow to expand this particular frequently asked question: How do I get in touch with a Yieldstreet representative?
How do I get in touch with a Yieldstreet representative?

To ensure your questions are answered in a timely manner, please first ask any inquiries you have by engaging with our virtual agent here. Alternatively, you can send us an email to [email protected].

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click this down arrow to expand this particular frequently asked question: How do I deposit money into my Yieldstreet Wallet?
How do I deposit money into my Yieldstreet Wallet?

Once you’ve successfully linked your external bank account to the Yieldstreet platform, you’re able to fund your Yieldstreet Wallet from the “Transfer Funds” page of the platform.

By selecting your external bank account as the source account and Yieldstreet as the destination account, your transfer will begin processing and funds will arrive in your Yieldstreet Wallet typically within 5 business days. It usually takes ACH transactions 3 business days to arrive following the debit from your external account, the funds then remain 'at risk' of being returned for an additional 2 business days.

If you want to invest in an open offering, you do not need to prefund your Yieldstreet Wallet ahead of time. Once you submit an investment allocation, an ACH draft from your external bank account will be initiated if there are not enough, or no, funds in your account. Please note that this ACH transfer will be initiated at the time of your investment request or if you select to delay, 2 days after making the request.

In the future, you can also proactively prefund your Yieldstreet Wallet and hold a balance. Holding a sufficient balance will shorten the time for processing new investment requests (shortens to roughly 2 business days instead of 5 business days if your account is not prefunded).

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click this down arrow to expand this particular frequently asked question: What is your track record?
What is your track record?

For information on our track record, please review our platform statistics page, on here you will also find the latest quarterly portfolio snapshot that provides additional context around the status of active investments.

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click this down arrow to expand this particular frequently asked question: Who can invest in these offerings?
Who can invest in these offerings?

If you are not an accredited investor, you are still able to invest in the Yieldstreet Prism Fund. If you are looking to unlock the full Yieldstreet experience and invest in our single asset class offerings, you must be accredited. 

There are four methods you can use to verify your accreditation status:

  • You can submit a verification request through the Yieldstreet system to a third party such as your CPA or lawyer who will validate your status on your behalf.
  • If you qualify by currently holding a Series 7, Series 65, or Series 82 license, you can submit your CRD number. Note, the SEC has provided itself flexibility to reevaluate or add certifications, designations, or credentials in the future.  We will update these FAQs accordingly as any such additions are made.
  • If you qualify based on income (the requirement is $200K/yr for the past two years as an individual, or $300K/yr if you filed jointly, or spousal equivalent, and reasonably expect the same for the current year), you can upload your W2 documents for the two most recent tax years.
  • If you qualify based on net worth either alone or with a spouse or spousal equivalent, (you’re required to have a net worth that exceeds $1M, excluding the value of your primary residence), you can upload bank/brokerage statements that show assets, as well as a credit report to show liabilities.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Yieldstreet Prism Fund before investing. The prospectus for the Yieldstreet Prism Fund contains this and other information about the Fund and can be obtained by emailing [email protected] or by referring to www.yieldstreetprismfund.com. The prospectus should be read carefully before investing in the Fund.

Investments in the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency) and are not guaranteed by Yieldstreet or any other party.

The securities described in the prospectus are not offered for sale in the states of Nebraska or North Dakota or to persons resident or located in such states. No subscription for the sale of Fund shares will be accepted from any person resident or located in Nebraska or North Dakota.

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click this down arrow to expand this particular frequently asked question: What if I am not an accredited investor?
What if I am not an accredited investor?

Good news, the Yieldstreet Prism Fund is now available to all investors, regardless of accreditation status. With a single allocation, the Yieldstreet Prism Fund allows you the opportunity to invest in numerous Yieldstreet alternative asset classes with a single investment. You can invest in the Fund with a minimum initial investment of $500.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Yieldstreet Prism Fund before investing. The prospectus for the Yieldstreet Prism Fund contains this and other information about the Fund and can be obtained by emailing [email protected] or by referring to www.yieldstreetprismfund.com. The prospectus should be read carefully before investing in the Fund.

Investments in the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency) and are not guaranteed by Yieldstreet or any other party.

The securities described in the prospectus are not offered for sale in the states of Nebraska or North Dakota or to persons resident or located in such states. No subscription for the sale of Fund shares will be accepted from any person resident or located in Nebraska or North Dakota.

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click this down arrow to expand this particular frequently asked question: What third-party agents are appropriate to confirm my accreditation?
What third-party agents are appropriate to confirm my accreditation?

Please refer to the following chart to learn which type of third-party verification is accepted by Yieldstreet.

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click this down arrow to expand this particular frequently asked question: What income verification documents are acceptable to use to confirm my accreditation?
What income verification documents are acceptable to use to confirm my accreditation?

You may submit the following tax documents: 1040, W2, K1 or 1099s.

Please note that to qualify based on income, the requirement is $200K/yr for each of the past two years as an individual, or $300K/yr for each of the past two years if you filed jointly.

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click this down arrow to expand this particular frequently asked question: What documentation can I provide to confirm my accreditation via net worth?
What documentation can I provide to confirm my accreditation via net worth?

Please refer to the following chart to learn what asset and liability documentation is accepted by Yieldstreet. 

We must see that your net worth (assets – liabilities) totals over $1M. All documents must clearly show your name and be recent (dated within the last 3 months).

 asset.pngliab.png

anchor link to jump directly to What documentation can I provide to confirm my accreditation via net worth?
click this down arrow to expand this particular frequently asked question: What documentation do I need to provide to verify accreditation with an active CRD number?
What documentation do I need to provide to verify accreditation with an active CRD number?

If you currently hold a Series 7, Series 65, or Series 82 license and it is in good standing, you will need to provide us with your CRD number along with your full first and last name to verify your accreditation.

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click this down arrow to expand this particular frequently asked question: What documentation must I provide to confirm accreditation if I am investing on behalf of my trust?
What documentation must I provide to confirm accreditation if I am investing on behalf of my trust?

If you are the trustee of a trust, you can invest if:

a) It is a revocable trust and the grantor is accredited; or

b) In the case that the trust is not a revocable trust, all beneficiaries must be accredited or the trust must have assets in excess of $5M.

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click this down arrow to expand this particular frequently asked question: What documentation must I provide to confirm accreditation if I am investing on behalf of an entity?
What documentation must I provide to confirm accreditation if I am investing on behalf of an entity?

A third party can verify the entity’s accreditation on its behalf. If the investor is not the sole owner of the entity, all owners must be accredited or have assets in excess of $5M.

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click this down arrow to expand this particular frequently asked question: How frequently do I need to update accreditation information?
How frequently do I need to update accreditation information?

As of March 2021, for all accreditation methods, your status will be valid for 5 years from the date you are verified on our platform. For example, if your accreditation is approved on March 15, 2021 your accreditation will be valid through March 15, 2026.  

If you were previously verified, your accreditation is valid for 5 years from the original verification date by Yieldstreet. You can check for how long your accreditation is currently valid by logging in and going to your Investor accounts page.

If your accreditation had previously expired, you may still be verified under the new SEC rule as your accreditation is valid for 5 years from the original verification date by Yieldstreet. You can check for how long your accreditation is still valid by logging in and going to your Investor accounts page.

There are a few special circumstances below, please read carefully:

If you verify your accreditation status via a third-party letter, your status will be valid for 5 years from the date your letter was officially signed. If an expiration date is specified in the letter, your status will expire on that date.

If you are verifying your accreditation based on your Series 7, Series 65, or Series 82 license, your license must be in good standing at the time of verification to be valid for the 5-year period. If not, your status will expire at the time your license is no longer in good standing. 

During this 5-year period after verification of your accredited investor status, we will rely on a written representation from you at the time of each investment as to your accredited investor status, unless we are aware of any information to the contrary.  If we are aware of any information to the contrary, we will not be able to rely on a written representation and your status will expire.

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click this down arrow to expand this particular frequently asked question: How do I make my first investment?
How do I make my first investment?

First, you’ll need to set up your account. To begin, click the “Sign Up” button on the homepage. After completing your investor profile, you’ll be able to participate in an investment offering. To make your first investment, simply login to the Yieldstreet platform, visit the offerings marketplace and then click on the individual offering. Next, click “Invest Now" to enter your desired investment amount, noting the investment minimum. You’ll then arrive at a page finalizing how you would like to fund your investment.

Please be advised that after investing with Yieldstreet, you are required to maintain the investment under the original investor account you used to submit your investment request. Once an investment request is submitted, you are agreeing to the terms and conditions of holding the investment in the account owner’s name. Our platform does not support the transfer of any investment to another account.

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click this down arrow to expand this particular frequently asked question: What am I investing in?
What am I investing in?

Yieldstreet provides investors access to alternative investments*, typically with low correlation** to the stock market. Previously, investments of this kind have been reserved for hedge funds and large institutions. 

We work with experienced originators who provide a loan for a project (or need) that is collateralized by an underlying asset from the associated borrower, such as a real estate property, legal settlement or shipping vessel. 

Our offerings currently focus on a number of alternative asset classes, including Real Estate, Legal Finance, Marine Finance, Commercial and Consumer Finance, and Art Finance. You can learn more about each of our asset classes in our Resource Center.

*generally considered to be any investments made in asset classes other than stocks, bonds, and cash

**Yieldstreet offerings provide typically low correlation to the broader markets, meaning that they tend to be largely unaffected by whether the stock market is rising or falling

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click this down arrow to expand this particular frequently asked question: How much can I invest?
How much can I invest?

Minimums may vary depending on a variety of factors, but typically begin at $10,000. We set both minimum and maximum investment amounts in each offering to accommodate as many interested investors as possible.

Investing in the Yieldstreet Prism Fund, however, requires a minimum initial investment of $500.

 

Investors should carefully consider the investment objectives, risks, charges and expenses of the Yieldstreet Prism Fund before investing. The prospectus for the Yieldstreet Prism Fund contains this and other information about the Fund and can be obtained by emailing [email protected] or by referring to www.yieldstreetprismfund.com. The prospectus should be read carefully before investing in the Fund.

Investments in the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency) and are not guaranteed by Yieldstreet or any other party.

The securities described in the prospectus are not offered for sale in the states of Nebraska or North Dakota or to persons resident or located in such states. No subscription for the sale of Fund shares will be accepted from any person resident or located in Nebraska or North Dakota.

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click this down arrow to expand this particular frequently asked question: How do I fund my investment?
How do I fund my investment?

Currently, for most investments, you don’t need to pre-fund your Yieldstreet Wallet. Once you submit an investment allocation, an ACH draft from your external bank account will be initiated if there are not enough funds—or no funds—in your account. This ACH transfer will be initiated at the time of your investment request or if you select to delay, 2 days after making the request. 

You can choose to prefund your Yieldstreet Wallet ahead of making an investment request. Pre-funding your Wallet will shorten the time it takes to process your investment request, which means you will start earning interest sooner.  

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click this down arrow to expand this particular frequently asked question: Where can I find all relevant documentation for an investment offering?
Where can I find all relevant documentation for an investment offering?

Documentation pertaining to investment offerings can be found on the offering page of each specific investment on the Yieldstreet website. If the investment is structured using an SPV, investors can review the Investment Memorandum and Subscription Agreement. If the investment is structured using Borrower Payment Dependent Notes, investors can review the Private Placement Memorandum, the Indenture, the Series Note Supplement, and the Subscription Agreement. Note, you must be logged into the Yieldstreet platform in order to access these documents.

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click this down arrow to expand this particular frequently asked question: What should I do if I need compliance approval from my employer to invest?
What should I do if I need compliance approval from my employer to invest?

If your investment must receive compliance approval from your employer, Yieldstreet will try to accommodate your investment request. Once you submit an investment, please send an email to [email protected] to let us know that you are awaiting compliance approval. In the meantime, we will pull funds from your Yieldstreet Wallet, however they will not be applied to the investment offering until approval is granted. We will hold the allocation for up to 7 business days. Once you have been approved, contact our team and we will process your investment. If your compliance approval process takes more than 7 business days, unfortunately, we will likely need to cancel your investment.

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click this down arrow to expand this particular frequently asked question: Can I get an allocation to an investment ahead of launch?
Can I get an allocation to an investment ahead of launch?

Yes. In order to be eligible to receive an early allocation to an offering ahead of launch, set your investment preferences here. This way, when there is an upcoming offering that matches your preferences, you’ll be eligible to receive an early allocation to invest in the deal. Early allocation offers will be sent to your email and to accept, simply follow the instructions in the email to submit your investment request like you would on our platform.

You can make updates to your investment preferences at any time. For more information, check out additional commonly asked questions on the process here.

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click this down arrow to expand this particular frequently asked question: Are all quoted target returns per annum?
Are all quoted target returns per annum?

Yes, returns are targeted per annum as set forth in the offering documents listed on the offering page.

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click this down arrow to expand this particular frequently asked question: Why is my investment pending?
Why is my investment pending?

Your investment will be marked pending in your portfolio until Yieldstreet receives and clears your funds. It may take up to 5 business days from the date your funds are debited from your account for your investment to become active.

If you are an accredited investor investing in our single asset-class offerings, your investment can also remain pending if your accreditation status is not verified. If there are any steps that you need to complete in order to verify your accreditation, this will be noted under the accreditation section on your Investor accounts page.

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click this down arrow to expand this particular frequently asked question: Do I have to wait for the investment to be fully funded before I start earning interest?
Do I have to wait for the investment to be fully funded before I start earning interest?

When you invest in a Yieldstreet offering, you will begin to earn interest after your funds are received and your investment switches to “active” in your portfolio. This typically takes up to 5 business days from the date funds are pulled. 

anchor link to jump directly to Do I have to wait for the investment to be fully funded before I start earning interest?
click this down arrow to expand this particular frequently asked question: Who are typical  Yieldstreet borrowers?
Who are typical Yieldstreet borrowers?

While Yieldstreet generally seeks short-term asset-backed opportunities, there is no typical borrower for the offerings provided by Yieldstreet.  Yieldstreet utilizes technology, data, and experience in asset-based lending to identify viable opportunities based on a number of categories specific to the facts and circumstances of each investment.

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click this down arrow to expand this particular frequently asked question: Important additional investor information when investing
Important additional investor information when investing
  • The offering materials and related documents are prepared for each of our unique offerings – meaning that they provide the specific details and the risks of the investment that simply cannot be adequately summarized. That is why investors are required to acknowledge that they have read and understand all offering materials and related documents before making an investment. 
  • Investments with typically low stock market correlation are still vulnerable to market conditions – just not in a directly correlated and predictable way.   This is because investments perform as targeted when borrowers repay according to the terms of their loans, and consequently can lead to a default if the borrower does not pay for any reason -- including when the borrower's ability to pay is impaired by financial, consumer, or other broad market conditions. These investments are not liquid or traded securities that move with the general markets.
  • Yieldstreet’s alternative investments target a range of higher-yield returns, with correspondingly higher underlying risk profiles and are therefore subject to a high probability of default, particularly during uncertain or declining economic conditions. Although all investments present substantial risks, the level of risk on a given offering should not be evaluated by the return targeted for such offering. 
  • The risk of specialty lending can be mitigated – but never eliminated – by collateral with lending at modest to low loan-to-value (or LTV) ratios.  Recovering against collateral, however, brings its own risks – including litigation delays, expense, and, from time to time, impairment of the collateral or total principal losses.  The offering materials and related documents describe the collateral and the risks associated with each investment so that investors can make their own informed decisions.
  • Yieldstreet does not take a one-size-fits-all approach to evaluating opportunities prior to proceeding with an offering and each investment.
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click this down arrow to expand this particular frequently asked question: What is the distribution rate of the Yieldstreet Prism Fund and termination date?
What is the distribution rate of the Yieldstreet Prism Fund and termination date?

The Fund’s current annualized distribution rate is 8%.*

Distributions are expected to be made quarterly, subject to the authorization of the Fund’s Board of Directors. To date, three distributions of $0.175 per share (June, September, and December of 2020) and three distributions of $0.20 (March, June, and September of 2021) have been made.

The Yieldstreet Prism Fund’s termination date is March 2024.**

 

* Reflects the annualized distribution rate that is calculated by taking the most recent quarterly distribution approved by the Fund's Board of Directors and dividing it by prior quarter-end NAV and annualizing it. The Fund’s distribution may exceed its earnings. Therefore, a portion of the Fund’s distribution may be a return of the money you originally invested and represent a return of capital to you for tax purposes.

** The Fund will cease investing and seek to liquidate the Fund’s remaining portfolio no later than March 2024. In the months leading up to March 2024, the Fund will opportunistically provide liquidity to the investors as it becomes available. It may take up to twelve months after the Fund’s termination to fully monetize any remaining illiquid investments in the Fund’s portfolio.

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click this down arrow to expand this particular frequently asked question: Does the Yieldstreet Prism Fund offer me any liquidity?
Does the Yieldstreet Prism Fund offer me any liquidity?

On a quarterly basis, the Fund offers to repurchase a limited number of shares from existing investors, subject to approval by the Fund’s Board of Directors and to certain limitations outlined in the Fund’s prospectus. The first option for liquidity was conducted in May 2021.*

 

*The Yieldstreet Prism Fund intends to offer to repurchase shares from investors at the discretion of the Yieldstreet Prism Fund’s board of directors and depending upon the performance of the Yieldstreet Prism Fund. The Yieldstreet Prism Fund will limit the number of shares to be repurchased in any calendar year to no more than 20% of shares outstanding in the prior calendar year, or no more than 5% in each quarter. If the number of shares submitted for repurchase by investors exceeds the number of shares the Yieldstreet Prism Fund seeks to repurchase, the Yieldstreet Prism Fund will repurchase shares on a pro-rata basis, and not on a first-come, first-served basis.

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click this down arrow to expand this particular frequently asked question: Will you stop launching individual offerings?
Will you stop launching individual offerings?

Yieldstreet has not stopped launching individual offerings and has no intention of doing so. The Yieldstreet Prism Fund was created to be offered in addition to traditional Yieldstreet offerings, not as a replacement. 

It’s important to understand the difference between single asset class offerings that exist on the Yieldstreet platform versus the Yieldstreet Prism Fund. In the case of the Yieldstreet Prism Fund, unlike single offerings that are only invested in one alternative asset class, the Yieldstreet Prism Fund has holdings in numerous alternative asset classes. This allows investors the ability to provide their portfolio with exposure to a number of asset classes while placing just a single allocation.

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click this down arrow to expand this particular frequently asked question: Am I able to invest in the Yieldstreet Prism Fund with an IRA?
Am I able to invest in the Yieldstreet Prism Fund with an IRA?

Yes. The Yieldstreet IRA is designed to make it easy for you to invest in the Yieldstreet Prism Fund. Once your Yieldstreet IRA has been set up and your Yieldstreet Wallet has been funded, you can start investing in the Yieldstreet Prism Fund.

anchor link to jump directly to Am I able to invest in the Yieldstreet Prism Fund with an IRA?
click this down arrow to expand this particular frequently asked question: Do I need to be an accredited investor to invest in the Prism Fund?
Do I need to be an accredited investor to invest in the Prism Fund?

No. The Yieldstreet Prism Fund is open to all investors, regardless of net worth or accreditation status. This means that to invest in the Yieldstreet Prism Fund, you do not need to be an accredited investor or have your accreditation documentation verified. You do, however, need to be an accredited investor to invest in single asset class offerings on the Yieldstreet platform. You can read more about who can invest in the Yieldstreet Prism Fund here.

anchor link to jump directly to Do I need to be an accredited investor to invest in the Prism Fund?
click this down arrow to expand this particular frequently asked question: I keep seeing the term “prospectus,” what does this mean for the Prism Fund?
I keep seeing the term “prospectus,” what does this mean for the Prism Fund?

A prospectus is a document that contains information regarding an investment product that is being offered to the public. A prospectus is filed with the SEC and is intended to help investors make well-informed decisions. In the case of the YieldStreet Prism Fund it describes, among other things, the Adviser, its investment strategy, and the risks associated with investing in the types of investments that fall within that strategy. Investors should read the Yieldstreet Prism Fund prospectus carefully to understand the terms and conditions of investing in the Yieldstreet Prism Fund.

anchor link to jump directly to I keep seeing the term “prospectus,” what does this mean for the Prism Fund?
click this down arrow to expand this particular frequently asked question: In what asset classes does the Yieldstreet Prism Fund invest?
In what asset classes does the Yieldstreet Prism Fund invest?

As of September 30, 2021, the Yieldstreet Prism Fund has holdings in 5+ asset classes, including Art, Commercial, Consumer, Legal, Real Estate, Corporates and more.

anchor link to jump directly to In what asset classes does the Yieldstreet Prism Fund invest?
click this down arrow to expand this particular frequently asked question: If I invest in the Yieldstreet Prism Fund, am I able to then invest in other Yieldstreet offerings?
If I invest in the Yieldstreet Prism Fund, am I able to then invest in other Yieldstreet offerings?

This depends on your accreditation status as an investor. If you are an accredited investor you have the ability to invest in single asset class offerings on the Yieldstreet platform. However, if you are a non-accredited investor (do not have accreditation status) then you are currently only able to invest in the Yieldstreet Prism Fund. You can learn more about accreditation status here.

anchor link to jump directly to If I invest in the Yieldstreet Prism Fund, am I able to then invest in other Yieldstreet offerings?
click this down arrow to expand this particular frequently asked question: What is a Distribution Reinvestment Plan (DRIP)?
What is a Distribution Reinvestment Plan (DRIP)?

Distribution reinvestment plans, or DRIP, are programs that allow investors to automatically reinvest distributions back into an underlying investment. Instead of receiving the recurring payments, the cash immediately goes back into the Yieldstreet Prism Fund and is added to their initial principal. DRIPs allow investors to harness the power of compounding interest. You can read more about DRIPs here.

anchor link to jump directly to What is a Distribution Reinvestment Plan (DRIP)?
click this down arrow to expand this particular frequently asked question: What is Net Asset Value (NAV)?
What is Net Asset Value (NAV)?

Net Asset Value (NAV) is the per-share value of a fund’s assets, minus its liabilities. The Yieldstreet Prism Fund uses NAV to determine the per-share value of the Yieldstreet Prism Fund’s shares. NAV is determined by dividing the difference between the Yieldstreet Prism Fund’s total assets and liabilities by the number of shares outstanding.

The formula for NAV is: 

NAV = (Assets – Liabilities) / Total number of outstanding shares

For the Yieldstreet Prism Fund, the NAV will be determined on at least a quarterly basis, as well as when the Fund is reopened for shareholder subscriptions.*

 

*We expect to determine the net asset value per share of the Fund’s common stock by dividing the value of its investments, cash and other assets (including interest accrued but not collected) minus all liabilities (including accrued expenses, borrowings and interest payables) by the total number of shares of the Fund’s common stock outstanding on a quarterly basis. The most significant estimate inherent in the preparation of our financial statements likely will be the valuation of investments and the related amounts of unrealized appreciation and depreciation of investments recorded. There generally is no single method for determining fair value in good faith. As a result, determining fair value usually requires that judgment be applied to the specific facts and circumstances of each investment while employing a consistently applied valuation process for the types of investments the Fund makes. We will be required to specifically determine the fair value of each individual investment on a quarterly basis.

anchor link to jump directly to What is Net Asset Value (NAV)?
click this down arrow to expand this particular frequently asked question: I’m a non-accredited investor, can I invest in the Yieldstreet Prism Fund?
I’m a non-accredited investor, can I invest in the Yieldstreet Prism Fund?

Yes. Non-accredited investors are able to invest in the Yieldstreet Prism Fund regardless of their income or net worth. You do not need to submit any documentation to verify your accredited status in order to invest in the Yieldstreet Prism Fund. You can read more about who can invest in the Yieldstreet Prism Fund here.

anchor link to jump directly to I’m a non-accredited investor, can I invest in the Yieldstreet Prism Fund?
click this down arrow to expand this particular frequently asked question: Are there fees and expenses associated with the Yieldstreet Prism Fund?
Are there fees and expenses associated with the Yieldstreet Prism Fund?

The following fees and expenses are associated with the Yieldstreet Prism Fund, which will ultimately reduce the funds available for distributions to you as investors: 

  • Annual Management Fee: 1.0%*
  • Maximum Annual Administrative Expense: 0.5%**

Note, that if part of the assets remain in cash or cash equivalents, such as money market funds, you will not be charged management fees or administrative expenses on those assets. For example, if 80% of the net assets in the Yieldstreet Prism Fund are invested, then only 80% of your investment will incur these fees.

*The management fee is calculated at an annual rate of 1.00% of the average of the Yieldstreet Prism Fund’s net assets, excluding cash and cash equivalents, at the end of the two most recently completed calendar quarters.

**The Yieldstreet Prism Fund’s administrator will provide facilities and administrative services necessary for the Yieldstreet Prism Fund to operate. The Yieldstreet Prism Fund has agreed to reimburse the administrator and its affiliates for the fees, costs, and expenses incurred by the administrator and its affiliates in providing such services, up to 0.125% (0.50% annualized) of the Yieldstreet Prism Fund’s net assets (excluding cash and cash equivalents), as determined as of the end of each calendar quarter. Please refer to the Yieldstreet Prism Fund’s prospectus for additional information regarding this reimbursement.

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click this down arrow to expand this particular frequently asked question: What are the risks of investing in the Yieldstreet Prism Fund's shares?
What are the risks of investing in the Yieldstreet Prism Fund's shares?

Investing in shares of the Yieldstreet Prism Fund involves a number of significant risks. As you know, no investment is guaranteed. In addition to the other information contained elsewhere in the prospectus, you should carefully consider the Risk Factors set forth in the prospectus before making an investment in the Yieldstreet Prism Fund’s shares. If any of such events occur (as outlined in the prospectus) the Yieldstreet Prism Fund’s business, financial condition, and results of operations could be materially and adversely affected. In such a case, the net asset value of the Yieldstreet Prism Fund’s shares could decline, and you may lose all or part of your investment.

anchor link to jump directly to What are the risks of investing in the Yieldstreet Prism Fund's shares?
click this down arrow to expand this particular frequently asked question: How am I notified of holdings within the Yieldstreet Prism Fund?
How am I notified of holdings within the Yieldstreet Prism Fund?

Holdings in the Yieldstreet Prism Fund are reported to regulators on a quarterly basis, within 60 days after the end of each quarter. This information will be available to investors, as well as through the prospectus supplement available for download here.

anchor link to jump directly to How am I notified of holdings within the Yieldstreet Prism Fund?
click this down arrow to expand this particular frequently asked question: Is there a minimum initial investment required for the Yieldstreet Prism Fund?
Is there a minimum initial investment required for the Yieldstreet Prism Fund?

Yes. You must purchase a minimum amount to invest in the Yieldstreet Prism Fund, which is currently $500, although we may waive or increase or decrease this minimum permitted subscription amount from time to time at our discretion. Once you have satisfied the minimum initial subscription requirement, any additional purchases of shares of the Yieldstreet Prism Fund must be in amounts of at least $100, except for additional purchases pursuant to the Yieldstreet Prism Fund’s distribution reinvestment plan (DRIP).

anchor link to jump directly to Is there a minimum initial investment required for the Yieldstreet Prism Fund?
click this down arrow to expand this particular frequently asked question: Do I have to establish a Yieldstreet Wallet in order to subscribe to shares in the Yieldstreet Prism Fund?
Do I have to establish a Yieldstreet Wallet in order to subscribe to shares in the Yieldstreet Prism Fund?

Yes. If you are investing in the Yieldstreet Prism Fund, in order to submit an allocation request you must establish a Yieldstreet Wallet from which funds will be withdrawn or you may deposit funds therein at such time.

anchor link to jump directly to Do I have to establish a Yieldstreet Wallet in order to subscribe to shares in the Yieldstreet Prism Fund?
click this down arrow to expand this particular frequently asked question: Where can I find updated information about the Yieldstreet Prism Fund?
Where can I find updated information about the Yieldstreet Prism Fund?

Depending on the type of update, information may be communicated via email or in the Portfolio section of our website. Updated information can also be found on yieldstreetprismfund.com.

anchor link to jump directly to Where can I find updated information about the Yieldstreet Prism Fund?
click this down arrow to expand this particular frequently asked question: How often will the Yieldstreet Prism Fund be available for investment?
How often will the Yieldstreet Prism Fund be available for investment?

The Yieldstreet Prism Fund is expected to be open for new or additional investments on a monthly basis and may also be available on a more regular basis going forward. To familiarize yourself with the details of the Yieldstreet Prism Fund, it is important that you review the prospectus, available for download on this page.

anchor link to jump directly to How often will the Yieldstreet Prism Fund be available for investment?
click this down arrow to expand this particular frequently asked question: Are investors in all 50 US states able to invest in the Yieldstreet Prism Fund?
Are investors in all 50 US states able to invest in the Yieldstreet Prism Fund?

The securities described in the prospectus are not offered for sale in the states of Nebraska or North Dakota or to persons residing or located in such states at this time. No subscription for the sale of shares will be accepted from any person resident or located in Nebraska or North Dakota at this time.

anchor link to jump directly to Are investors in all 50 US states able to invest in the Yieldstreet Prism Fund?
click this down arrow to expand this particular frequently asked question: Am I required to have my Prism Fund shares repurchased during these tender offer periods?
Am I required to have my Prism Fund shares repurchased during these tender offer periods?

You are not obligated to have any shares repurchased at this time. If you are not interested in having shares repurchased, you may disregard the notice about the repurchase offer.

anchor link to jump directly to Am I required to have my Prism Fund shares repurchased during these tender offer periods?
click this down arrow to expand this particular frequently asked question: How long will the share repurchase period be open for the Prism Fund?
How long will the share repurchase period be open for the Prism Fund?

Any repurchase offer presented to our stockholders will remain open for a minimum of 20 business days following the commencement of each tender offer period. All repurchase requests must be received prior to the expiration of the tender offer period in order to be valid. If there are any material revisions to the terms of the repurchase offer, we will inform investors and revise the terms of the repurchase offer reflecting such changes available and may extend the repurchase offer period.

anchor link to jump directly to How long will the share repurchase period be open for the Prism Fund?
click this down arrow to expand this particular frequently asked question: Can I elect to sell my entire holding in the Prism Fund?
Can I elect to sell my entire holding in the Prism Fund?

While there is no limit to how many shares a shareholder may request to sell, we are limiting the aggregate number of shares to be repurchased in any calendar year to no more than 20% of shares outstanding in the prior calendar year, or no more than 5% in each quarter.

If the amount of repurchase requests exceeds the number of shares we seek to repurchase, we will repurchase shares on a pro-rata basis. As a result, we may repurchase less than the full amount of shares that you request to have repurchased.

anchor link to jump directly to Can I elect to sell my entire holding in the Prism Fund?
click this down arrow to expand this particular frequently asked question: Why is my total investment value available for the Prism Fund tender offer different than my current value of holdings?
Why is my total investment value available for the Prism Fund tender offer different than my current value of holdings?

The share price for the tender offer is the NAV* per share as of the previous quarter ending prior to the current tender offer and therefore may differ from the current value of your holdings.

 

* We expect to determine the net asset value per share of the Fund’s common stock by dividing the value of its investments, cash and other assets (including interest accrued but not collected) minus all liabilities (including accrued expenses, borrowings and interest payables) by the total number of shares of the Fund’s common stock outstanding on a quarterly basis. The most significant estimate inherent in the preparation of our financial statements likely will be the valuation of investments and the related amounts of unrealized appreciation and depreciation of investments recorded. There generally is no single method for determining fair value in good faith. As a result, determining fair value usually requires that judgment be applied to the specific facts and circumstances of each investment while employing a consistently applied valuation process for the types of investments the Fund makes. We will be required to specifically determine the fair value of each individual investment on a quarterly basis.

This communication and the information contained in this document are provided for general informational purposes only and should neither be construed nor intended to be a recommendation to purchase, sell or hold any security or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice. Any link to a third-party website is not an endorsement, authorization or representation of our affiliation with that third party. We do not exercise control over third-party websites, and we are not responsible or liable for the accuracy, legality, appropriateness or any other aspect of such website.

anchor link to jump directly to Why is my total investment value available for the Prism Fund tender offer different than my current value of holdings?
click this down arrow to expand this particular frequently asked question: May I cancel my repurchase request in the Prism Fund after submission?
May I cancel my repurchase request in the Prism Fund after submission?

At any time prior to one minute past 11:59 PM ET, on the expiration date of the respective tender offer period, any stockholder may withdraw their repurchase request. Stockholders may withdraw their submissions by sending an email notice to [email protected].

anchor link to jump directly to May I cancel my repurchase request in the Prism Fund after submission?
click this down arrow to expand this particular frequently asked question: When will I be paid for my repurchase request in the Prism Fund?
When will I be paid for my repurchase request in the Prism Fund?

If we have accepted your request within the tender offer period, we expect to send payment to your Yieldstreet Wallet promptly after the close of the tender offer period.

anchor link to jump directly to When will I be paid for my repurchase request in the Prism Fund?
click this down arrow to expand this particular frequently asked question: Are there fees and expenses associated with the share repurchase program for the Prism Fund?
Are there fees and expenses associated with the share repurchase program for the Prism Fund?

To the extent the Fund’s Board of Directors determines that it is appropriate to do so, we may reduce the repurchase price in any quarter by up to 2% in order to offset the expenses we expect to incur in connection with conducting such repurchase offer. The Fund’s Board of Directors has not determined to reduce the repurchase price in connection with this Offer.

anchor link to jump directly to Are there fees and expenses associated with the share repurchase program for the Prism Fund?
click this down arrow to expand this particular frequently asked question: Is the repurchase of my shares as part of this tender offer in the Prism Fund a taxable transaction?
Is the repurchase of my shares as part of this tender offer in the Prism Fund a taxable transaction?

For most shareholders, yes. We anticipate that U.S. stockholders, other than those who are tax-exempt, who sell shares as part of the tender offer will recognize a gain or loss for U.S. federal income tax purposes equal to the difference between the cash they receive for shares sold and their adjusted basis. We highly recommend that you consult your financial representative or tax advisor for more information prior to a repurchase decision.

anchor link to jump directly to Is the repurchase of my shares as part of this tender offer in the Prism Fund a taxable transaction?
click this down arrow to expand this particular frequently asked question: Will you always be offering a repurchase program in the Prism Fund every quarter?
Will you always be offering a repurchase program in the Prism Fund every quarter?

To provide our stockholders with limited liquidity, we intend to, but are not obligated to, conduct a quarterly share repurchase program. Our first tender offer was conducted in May 2021. While we intend to conduct quarterly repurchase offers as described in our prospectus, we are not required to do so and the Fund’s Board of Directors may suspend or terminate the share repurchase program at any time. This share repurchase program should not be relied upon as a method to sell shares promptly and at a desired price.

anchor link to jump directly to Will you always be offering a repurchase program in the Prism Fund every quarter?
click this down arrow to expand this particular frequently asked question: What are Short Term Notes?
What are Short Term Notes?

Short Term Notes offer investors the opportunity to earn interest typically over a 180-day term. Investors receive monthly interest payments at an annualized target interest rate and their principal at the note’s maturity.

Short Term Notes have been offered on our platform since May 2019, offering investors an opportunity to participate with banks and other financial institutions in a pool of liquidity used by Yieldstreet to fund investment opportunities. As of November 2021, we have launched 38 series of notes, with 29 series paid in full and the remaining currently performing as expected.

anchor link to jump directly to What are Short Term Notes?
click this down arrow to expand this particular frequently asked question: How does Yieldstreet use the money it raises in Short Term Notes?
How does Yieldstreet use the money it raises in Short Term Notes?

Yieldstreet uses money raised through its Short Term Notes program, along with warehouse facilities and credit lines, to fund investment opportunities that are then launched on the platform.

While Yieldstreet has been funding investments via warehouse facilities since January 2018, the addition of Short Term Notes in May 2019 enabled us to fund more investments simultaneously and allowed us to offer a shorter duration product to investors.

anchor link to jump directly to How does Yieldstreet use the money it raises in Short Term Notes?
click this down arrow to expand this particular frequently asked question: How often do Short Term Notes make interest payments?
How often do Short Term Notes make interest payments?

Short Term Notes make monthly interest payments at the annualized target rate. Principal is repaid at the note’s maturity.

Target returns are not contingent on the number of deals funded via Short Term Notes, as the notes are required to pay investors their interest regardless of utilization.

anchor link to jump directly to How often do Short Term Notes make interest payments?
click this down arrow to expand this particular frequently asked question: Do I need to be accredited to invest in Short Term Notes?
Do I need to be accredited to invest in Short Term Notes?

Yes. At this time, Short Term Notes can be offered to accredited investors only.

anchor link to jump directly to Do I need to be accredited to invest in Short Term Notes?
click this down arrow to expand this particular frequently asked question: Why should I invest in Short Term Notes?
Why should I invest in Short Term Notes?

A key feature of Short Term Notes is their duration, with terms up to 180 days. At a time of record-low yields, investors who may need liquidity in the near future can earn interest at a rate typically higher than what their savings account or CDs would offer.

With a minimum investment of $1,000, Short Term Notes provide an investment opportunity while waiting to have enough to make your next investment on the Yieldstreet platform.

Short Term Notes, like other investments available on the Yieldstreet platform, allow accredited investors to access a product that typically is reserved for institutional investors, in line with our mission to extend a diverse array of investment opportunities to as many people as possible.

anchor link to jump directly to Why should I invest in Short Term Notes?
click this down arrow to expand this particular frequently asked question: What are the main risks associated with Short Term Notes?
What are the main risks associated with Short Term Notes?

Short Term Notes, like commercial paper issued by banks, rely on the assumption that the issuer (Yieldstreet) will be able to refinance at maturity. In this case, Yieldstreet would issue another Short Term Note, if needed. 

Short Term Notes also carry the risk that an investment opportunity financed by Short Term Notes would default before it becomes fully subscribed. In such a scenario, Yieldstreet would work to recover the cash invested in the underlying investment. Like with other investment opportunities, some investments that are financed via Short Term Notes may have senior lenders who would receive first payment in case of default. 

To help protect Short Term Note investors, Yieldstreet holds 5% of the notes issued in each series in a first loss position.

Further, the notes are backed by our history of more than $2B in investments on our platform. As of November 2021, we have launched 38 series of notes, with 29 series paid in full and the remaining currently performing as expected.

anchor link to jump directly to What are the main risks associated with Short Term Notes?
click this down arrow to expand this particular frequently asked question: How are Short Term Notes different from other Yieldstreet investments?
How are Short Term Notes different from other Yieldstreet investments?

With terms typically up to 180-days, Short Term Notes are shorter in duration than most other Yieldstreet offerings, which may be attractive  for investors who require liquidity in the near future.

Short Term Notes have one of the lowest investment minimums on our platform, starting at $1,000. This makes them a potential fit for new investors or for investors who need to wait a bit to have enough to make their next investment on the platform.

Short Term Notes are also widely available on our platform. While many of our other deals have a defined launch date, there are frequently new series of Short Term Notes available for investment at any time. 

Short Term Notes also offer a simpler due diligence process to investors, as each series of notes is the same. You just need to evaluate the target interest rate and duration to make your investment decision.

No management fees or Fund Expenses are charged on investments in Short Term Notes.

anchor link to jump directly to How are Short Term Notes different from other Yieldstreet investments?
click this down arrow to expand this particular frequently asked question: Is art a good investment?
Is art a good investment?

Investing in art allows investors to invest in what they love, while also allowing them to potentially capitalize on the historical returns generated by the art market. Art can occupy an important space in your portfolio as it can serve as a hedge against inflation, add diversification and potentially reduce overall portfolio volatility given its typically low correlation to the stock market.

anchor link to jump directly to Is art a good investment?
click this down arrow to expand this particular frequently asked question: How do I start investing in art?
How do I start investing in art?

Investors may access and purchase art in several types of markets. The traditional way has been to work with a dealer, use an auction house or go to art fairs. However, purchasing physical artworks outright can be cost prohibitive and difficult unless you have connections in the industry. 

One expanding area of the market is the digital art space. Yieldstreet now offers fractional investment in physical artworks by blue-chip, mid-career and emerging artists, as well as providing investors with the opportunity to invest in loans backed by artworks that generate monthly income.

anchor link to jump directly to How do I start investing in art?
click this down arrow to expand this particular frequently asked question: What am I investing in? Am I buying individual pieces of artwork?
What am I investing in? Am I buying individual pieces of artwork?

On Yieldstreet you can invest in portfolios of art backed loans and fractionalized shares of actual artworks by blue-chip, mid-career and emerging artists. You are not purchasing individual pieces of artwork.

anchor link to jump directly to What am I investing in? Am I buying individual pieces of artwork?
click this down arrow to expand this particular frequently asked question: How often do I get paid?
How often do I get paid?

Each offering has its own payment terms, so you should carefully review the offering materials. It is common for art-backed loans to pay interest on a monthly basis with principal repayment at loan maturity. An investment in one of our Art Equity Funds will generate returns on an event basis, i.e. at the time of sale of the underlying artworks.

anchor link to jump directly to How often do I get paid?
click this down arrow to expand this particular frequently asked question: What are the risks of investing in art?
What are the risks of investing in art?

Art investments carry a wide range of risks and expenses. Some of the risks include illiquidity, and non-transparent and fluctuating prices. To learn about all of the risks associated with art investing, please review each art investment offering page and download the Series Note Supplement/Private Placement Memorandums before making an investment.

anchor link to jump directly to What are the risks of investing in art?
click this down arrow to expand this particular frequently asked question: How is a Yieldstreet IRA unique?
How is a Yieldstreet IRA unique?

In this video, Joe DiDomenico Yieldstreet’s Director of Retirement Services explains why the Yieldstreet IRA is a unique offering for our investors. 

Please note that Yieldstreet does not provide tax advice, please consult with a tax specialist for advice specific to your situation.

anchor link to jump directly to How is a Yieldstreet IRA unique?
click this down arrow to expand this particular frequently asked question: Can I invest on Yieldstreet using my IRA?
Can I invest on Yieldstreet using my IRA?

Yes, you can invest on Yieldstreet using your Yieldstreet IRA. At Yieldstreet, we help make it easy to diversify your retirement portfolio by giving you access to alternative investments across a number of asset classes.

To quickly and easily set up your Yieldstreet IRA follow these simple steps:

From the accounts page on your portfolio add a new account, selecting the Yieldstreet IRA option. Then designate whether you would like to create a Traditional or Roth IRA.  

  1. Provide legally-required personal information: your government ID; beneficiary information; and documents to support your investor accreditation status. Or, if you already have an existing taxable account with us, you can simply recycle the information previously provided.
  2. Fund your Yieldstreet IRA by transferring funds from another IRA account. Simply search for your current account provider (custodian) on our site during the sign-up flow. All you need to do is provide your current account number for this account and tell us how much cash you want to bring over. We handle the rest, and funds should arrive in your Yieldstreet Wallet in 10 business days. You can also fund your account by rolling over funds from an eligible 401(k) plan. Your current employer might also allow you to roll over funds whilst still being employed there.  
  3. Once we’ve received your funding request, we will send you a Yieldstreet IRA welcome packet for e-signing. Once you’ve signed, your account will be fully set up, and as soon as funds arrive in your Yieldstreet Wallet you’ll be ready to invest and closer to realizing your next level.
anchor link to jump directly to Can I invest on Yieldstreet using my IRA?

Yieldstreet IRA owners will directly control a trust that is 100% owned by the IRA. This trust will have a distinct name and tax ID number. The trust is a "disregarded entity" for tax purposes, so the activity of the trust passes through to the IRA. The investments purchased by the YS IRA will be vested in the name of the trust. 

anchor link to jump directly to What is the legal structure of a YS IRA account?
click this down arrow to expand this particular frequently asked question: How to fund your Yieldstreet IRA
How to fund your Yieldstreet IRA

In this video, Joe DiDomenico, Director of Retirement Services at Yieldstreet, goes over how you can go about funding your Yieldstreet IRA. 

Once your Yieldstreet IRA is set up, simply search for your current IRA provider (custodian) using the “Transfer Funds” button on your portfolio, enter that account number and enter the amount of cash you would like to transfer. Once you have submitted the request, no further action is required. The technology behind the platform communicates with your current custodian to facilitate the physical transfer of your funds. 

Should your custodian not appear on the list of participating providers or should you wish to fund via an IRA distribution or rollover, please reach out to [email protected] 

It is important to note that as of now, you can only transfer cash into your Yieldstreet IRA. As such, please ensure that you have sufficient cash in your current IRA account before initiating a transfer.

Please note that Yieldstreet does not provide tax advice, you should consult with a tax specialist for advice specific to your situation.

 

anchor link to jump directly to How to fund your Yieldstreet IRA
click this down arrow to expand this particular frequently asked question: How long does it take to set up my Yieldstreet IRA?
How long does it take to set up my Yieldstreet IRA?

It takes roughly two weeks to fully set up and fund your Yieldstreet IRA, typically about two weeks faster than other custodians. At Yieldstreet, we are constantly looking for ways to further drive efficiencies in the process so you can become invested and start earning interest more quickly.  

After you have completed the Yieldstreet IRA account creation flow and initiated your first transfer to your Yieldstreet account, we expect funds to be in your Yieldstreet IRA Wallet within 10 business days. If you opt to fund your IRA using a different method (distribution or rollover) this will take more time as it is a manual process and it will depend on the level of cooperation provided by your current custodian.

anchor link to jump directly to How long does it take to set up my Yieldstreet IRA?
click this down arrow to expand this particular frequently asked question: Can I have a Yieldstreet Wallet with my Yieldstreet IRA?
Can I have a Yieldstreet Wallet with my Yieldstreet IRA?

Yes, your Yieldstreet IRA will be set up as a trust, so you’ll be eligible to hold idle funds in your Yieldstreet Wallet, where funds held earn 0.20%. All payment distributions will be deposited in your IRA’s Yieldstreet Wallet.

anchor link to jump directly to Can I have a Yieldstreet Wallet with my Yieldstreet IRA?
click this down arrow to expand this particular frequently asked question: Do I need to have my Wallet funded to submit an investment request using my Yieldstreet IRA?
Do I need to have my Wallet funded to submit an investment request using my Yieldstreet IRA?

Yes, you need to have your Yieldstreet Wallet funded for your Yieldstreet IRA account before you can submit an investment request. See How to fund your Yieldstreet IRA above? for more information.

anchor link to jump directly to Do I need to have my Wallet funded to submit an investment request using my Yieldstreet IRA?
click this down arrow to expand this particular frequently asked question: What do I need to do after I’ve set up my Yieldstreet IRA account?
What do I need to do after I’ve set up my Yieldstreet IRA account?

Once your Yieldstreet IRA account is set up and you have funded your YS IRA Wallet, you’re ready to invest. When you see an investment opportunity on Yieldstreet that is appropriate for you, you simply submit an investment request in the name of your Yieldstreet IRA. No additional paperwork or costs are incurred to make your investment active.

anchor link to jump directly to What do I need to do after I’ve set up my Yieldstreet IRA account?
click this down arrow to expand this particular frequently asked question: What is the tax treatment of payments to or from my Yieldstreet IRA?
What is the tax treatment of payments to or from my Yieldstreet IRA?

Please consult your tax adviser with questions regarding your tax treatment or any other tax-related guidance as Yieldstreet cannot provide tax advice.

That being said, generally speaking, payments to and from your IRA trust related to your Yieldstreet Investment are considered to be investment activity and are not taxed. Your IRA is what is called a "non-taxable entity."

However, when using your Yieldstreet IRA to invest, it’s important to ensure your account is set up appropriately to direct principal and interest payments back to your Yieldstreet IRA Wallet, and that these funds are used only for IRA-related investing. Ensuring money is sent directly to your Yieldstreet IRA Wallet will help avoid taxation of the monies. Again, we recommend consulting your tax adviser for tax-related guidance specific to your situation.

anchor link to jump directly to What is the tax treatment of payments to or from my Yieldstreet IRA?
click this down arrow to expand this particular frequently asked question: What are the fees associated with a Yieldstreet IRA?
What are the fees associated with a Yieldstreet IRA?

Fees are due at the conclusion of the year.  Based on the amount deposited into your YS IRA over the 2021 calendar year, account maintenance fees will be charged as follows: 

  • Less than $100,000 deposited through the year - $299  
  • Between $100,000- $250,000 deposited through the year: $399
  • More than $250,000 deposited through the year:  $399 

Account maintenance fees will be deducted at the conclusion of each calendar year from funds available in your Yieldstreet IRA Wallet. We assure you that no other expenses will be incurred as a result of using a Yieldstreet IRA account to invest in Yieldstreet offerings. 

You are also obligated to satisfy fund expenses associated with each investment opportunity on Yieldstreet. Fund expenses are covered by interest payments generated by each investment opportunity. Once fund expenses are satisfied by interest payments, you will start receiving distributions into your Yieldstreet IRA Wallet. Read more about fund expenses here.

anchor link to jump directly to What are the fees associated with a Yieldstreet IRA?
click this down arrow to expand this particular frequently asked question: Do I need to set up two Yieldstreet IRA accounts if I currently have both Traditional and Roth IRA accounts with other custodians?
Do I need to set up two Yieldstreet IRA accounts if I currently have both Traditional and Roth IRA accounts with other custodians?

Yes. Should you wish to invest with Traditional and Roth IRA funds you will need to create two YS IRA accounts. During the account creation process you will indicate the type of IRA account you wish to create. 

anchor link to jump directly to Do I need to set up two Yieldstreet IRA accounts if I currently have both Traditional and Roth IRA accounts with other custodians?
click this down arrow to expand this particular frequently asked question: Can I use my YS IRA to invest in opportunities outside of the Yieldstreet environment?
Can I use my YS IRA to invest in opportunities outside of the Yieldstreet environment?

At this stage you can only use your Yieldstreet IRA to invest in Yieldstreet opportunities. We do have plans to allow investors to use this IRA account to invest in opportunities outside of the Yieldstreet environment in the near future - stay tuned!

anchor link to jump directly to Can I use my YS IRA to invest in opportunities outside of the Yieldstreet environment?
click this down arrow to expand this particular frequently asked question: Can I transfer IRA investments (both Yieldstreet investments and external investments) held with other custodians to my Yieldstreet IRA?
Can I transfer IRA investments (both Yieldstreet investments and external investments) held with other custodians to my Yieldstreet IRA?

At this stage you are not able to transfer investments custodied elsewhere to your Yieldstreet IRA, you can only transfer cash.

anchor link to jump directly to Can I transfer IRA investments (both Yieldstreet investments and external investments) held with other custodians to my Yieldstreet IRA?
click this down arrow to expand this particular frequently asked question: Do you work with family offices?
Do you work with family offices?

If you’re a family office looking to invest on Yieldstreet, please reach out to us directly at [email protected] to let us know and we’ll be in touch to see how we could accommodate getting you set up on our platform.

anchor link to jump directly to Do you work with family offices?
click this down arrow to expand this particular frequently asked question: Can I invest with a trust?
Can I invest with a trust?

Yes, you can invest with a trust. You can add an investor account for your trust here (select "I want to invest with an entity"). If you are the trustee of the trust, you can invest if:

(i) It is a revocable trust and the grantor is accredited; and

(ii) It is an irrevocable trust and either has >$5M assets or all of its beneficiaries are accredited. 

You'll also be prompted to upload the Trust Agreement. 

anchor link to jump directly to Can I invest with a trust?
click this down arrow to expand this particular frequently asked question: Can I invest with an LLC?
Can I invest with an LLC?

Yes, you can invest with an LLC. You can add an investor account for your entity here. You'll be prompted to upload the Operating Agreement. If not providing third-party verification, all owners (if you are not the sole owner) must be accredited or the entity itself must have assets in excess of $5M. 

anchor link to jump directly to Can I invest with an LLC?
click this down arrow to expand this particular frequently asked question: How are investment offerings structured?
How are investment offerings structured?

Investments on Yieldstreet are either structured using a special purpose vehicle (SPV) or borrower payment dependent notes (BPDN). 

An SPV is an investment structure that is technically a subsidiary of the company that created it (Yieldstreet). That means it is reported on a separate balance sheet, has a scope that is just a subset of the parent company’s activities and is financially independent of the parent company and from other SPVs under the parent’s umbrella. Essentially, each investment structured as an SPV is its own limited liability corporation (LLC).

Yieldstreet acts as the managing member of each SPV. In the simplest terms, this means that we service and distribute the funds and inform investors of any important administrative matters. If any complications arise in the portfolio, Yieldstreet—as managing member—will handle them.

The ownership of an SPV is split among all investors in the offering at a basis corresponding to your contribution to the deal. Similarly, when the borrower starts paying interest, it is to the investors on a pro-rata basis on an agreed payment frequency. For example, if the borrower is raising $100,000 and you invest $10,000 in the offering, you will own 10% of the SPV and the underlying loan. If the loan pays 10% interest per year, you will receive $1,000 in interest for each year that the loan is outstanding.

For more on SPVs check out our article here

Borrower Payment Dependent Notes (BPDN)

Borrower payment dependent notes (BPDN) are debt obligations of Yieldstreet that are tied to the performance of a loan made by Yieldstreet. BPDN helps Yieldstreet structure debt transactions more efficiently by allowing for a greater number of investors in a given transaction, and lower investment minimums.

For each BPDN offering, a new SPV will be formed as a wholly-owned subsidiary of the BPDN Issuer (i.e. the Issuer will create Series 1 SPV). That SPV exists to fund, acquire and originate a loan with a borrower, or enter into a participation agreement directly with the originator of a loan (such loan or participation, the corresponding asset).

 For more on BPDN, check out our article here.

anchor link to jump directly to How are investment offerings structured?
click this down arrow to expand this particular frequently asked question: How can I tell whether an offering is structured as an SPV or BPDN?
How can I tell whether an offering is structured as an SPV or BPDN?

All offerings are clearly denoted as SPV or BPDN on the corresponding offering page when they are announced on the platform.

anchor link to jump directly to How can I tell whether an offering is structured as an SPV or BPDN?
click this down arrow to expand this particular frequently asked question: What rights do I have when an offering is structured as BPDN?
What rights do I have when an offering is structured as BPDN?

Just like with the SPV structure, the BPDN structure operates independently from Yieldstreet. If the BPDN Issuer was to declare bankruptcy, the trustee under the BPDN Indenture can foreclose on the collateral pledged to it with respect to the associated SPV (i.e., the equity in the SPV owned by the BPDN Issuer). In this scenario, upon the Trustee seizing the collateral, the Trustee would then own the equity in the applicable SPV which in turn owns the corresponding asset (i.e., the loan or participation interest). The Trustee acts for the benefit of the noteholders. However, the noteholders would have the right to elect a managing member or servicer just as they would with the SPV structure.

In a scenario where an originator or borrower experiences a default, the same servicing standard would occur as it does today in a SPV structure. The Indenture sets forth a servicing standard which essentially requires the servicer to use commercially reasonable efforts to service and collect the corresponding asset. In the event of a bankruptcy or an insolvency event, with respect to the BPDN Issuer, the Trustee will step in as paying agent under the notes.

anchor link to jump directly to What rights do I have when an offering is structured as BPDN?

Yieldstreet's BPDN structure does not have the same member limitations as an SPV structured investment offering. Deals structured using BPDN will permit Yieldstreet to have more than 99 participating investors per offering. 

For each BPDN offering, a new SPV will be formed as a wholly-owned subsidiary of the BPDN Issuer (i.e., the Issuer will create Series 1 SPV). That SPV exists to fund, acquire and originate a loan with a borrower, or enter into a participation agreement directly with the originator of a loan.

The BPDN Issuer will then issue a borrower payment dependent note associated with that specific SPV (i.e., Debt Note 1) and corresponding asset directly to investors (the debt note holders). Once the investment is fully allocated and funded on Yieldstreet's platform, the BPDN Issuer will pledge 100% of its equity in the SPV to the trustee under the Indenture for the benefit of the associated debt noteholders.

The trustee is the Delaware Trust Company, which acts as the secured party with respect to the pledge of the equity interest in the associated SPV for the benefit of the BPDN noteholders.

anchor link to jump directly to What is the legal structure of a borrower payment dependent notes (BPDN) offering?
click this down arrow to expand this particular frequently asked question: Is Yieldstreet ever audited?
Is Yieldstreet ever audited?

Yieldstreet is a 506(c), SEC-regulated entity. We are a registered investment advisor and therefore are obligated to comply with all SEC rules and regulations. The firm is subject to periodic examinations by the SEC. In addition, the financial statements for our offerings are audited annually by the third-party auditor, Deloitte & Touche LLP. These audits are made available to all current Yieldstreet investors each year. 

anchor link to jump directly to Is Yieldstreet ever audited?
click this down arrow to expand this particular frequently asked question: Who conducts compliance at Yieldstreet?
Who conducts compliance at Yieldstreet?

Cipperman Compliance Services LLC, the third-party compliance firm, serves as our Chief Compliance Officer and implements and oversees our compliance program. Cipperman’s role is to ensure that Yieldstreet adheres to SEC rules and regulations.  Cipperman collaborates constantly with our management, legal and marketing teams as part of its oversight of the compliance program.

anchor link to jump directly to Who conducts compliance at Yieldstreet?
click this down arrow to expand this particular frequently asked question: Who regulates Yieldstreet?
Who regulates Yieldstreet?

Yieldstreet is a registered investment advisor (RIA) with the SEC and makes private offerings pursuant to Regulation D 506(c), and subject to state regulation. As an RIA, Yieldstreet complies with specific SEC rules and regulations. Each SPV’s financials are audited annually by a third-party auditor, Richey May & Co., and the audit reports are made available yearly to investors in each individual investment.

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click this down arrow to expand this particular frequently asked question: Do these investments have risk?
Do these investments have risk?

Yes. These investments seek to provide high-yield returns in the specialty-lending market which inherently brings greater risk than other debt and equity investments. The comparatively higher risks presented by these investments are set forth in detail in the offering documents listed on each offering’s page, with many bearing on the ability of a given Borrower to pay back the loan according to its terms. Yieldstreet seeks to minimize that risk, for example, with collateral-backed financings and sometimes personal guarantees, as described in the offering documents prepared for each investment.

It is important for investors to know that the Yieldstreet team puts each and every offering through a vetting (or pre-offering evaluation) process to help mitigate risk. Due diligence, however, cannot eliminate risk entirely. As a common example, there is always a risk that a Borrower simply fails to repay amounts due or otherwise comply with their obligations. Yieldstreet and its Originators also evaluate risk mitigators that may reduce (but of course, never eliminate) potential downside. Examples of such potential mitigators include insurance, personal guarantees, and the added assurance of legal opinions regarding the underlying business and status of the collateral.

You can review our Disclosure Brochure here, as well as reference our full article on the Yieldstreet due diligence process here.

anchor link to jump directly to Do these investments have risk?
click this down arrow to expand this particular frequently asked question: What happens if a borrower defaults?
What happens if a borrower defaults?

Investments offered on the Yieldstreet platform carry a certain amount of risk, which should be carefully considered on a case-by-case basis, and prospective investors are urged to read the risk factors for each offering. All opportunities on Yieldstreet are asset-based, which means they are backed by an underlying asset such as a real estate property, marine vessel, artwork or legal settlement. If a borrower defaults, we collaborate with the Originator to work aggressively and pragmatically to bring the Borrower into compliance with their payment obligation where possible and pursue litigation where appropriate. Each loan recovery approach is based on the specific facts and circumstances, including those of the borrower, collateral, and the default itself.

Our investments are structured in a manner (but as always, never guaranteed) designed to maximize principal protection of your commitment through certain credit measures and enhancements, such as legal recourse to the Borrower through personal guarantees and pledged collateral. However, the default workout process is complex and can be a lengthy process. It is important to note that, by definition, in any default situation, there is always an associated risk that you may not be able to fully recover your principal commitment.

Yieldstreet evaluates opportunities through the lens of a broad investment philosophy that favors loans with characteristics such as:

  1. Originated by experienced asset managers
  2. Offer low minimums
  3. Shorter durations
  4. Yields targeting 7% or above
  5. Typically low stock market correlation

However, because we work with Originators in different asset classes and provide investments in a variety of industries and markets, and in amounts and for purposes that are themselves varied, there is no one-size-fits-all analysis for any given opportunity. That, in fact, is why Yieldstreet chooses to work with Originators who bring industry and asset-specific experience and networks to the table, which allows them to, in turn, closely vet each investment even before presenting it to us. The nature and extent of the pre-offer evaluation heavily rely on the nature of the investment and the Originator’s expertise.

With that said, Yieldstreet always operates with an investor-first mindset to help ensure that an appropriate plan of action is carried out when defaults occur. Please note that due to the various stakeholders and moving parts involved in Yieldstreet investments, coupled with the unique structure of each offering, it can lead to a lengthy process where investors may receive limited information for periods of time. As these situations can vary widely in terms of complexity, it takes time to properly assess all options and consider appropriate solutions. We always aim to maximize recovery and returns in as timely a manner as possible. 

To learn more about the default process and what you need to know, please read our article here

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click this down arrow to expand this particular frequently asked question: What is Yieldstreet’s due diligence process?
What is Yieldstreet’s due diligence process?

Yieldstreet evaluates opportunities through the lens of a broad investment philosophy that favors loans with characteristics such as:

  1. Originated by experienced asset managers
  2. Offer low minimums
  3. Short durations
  4. Low stock market correlation

However, because we lend to borrowers in a variety of industries and markets, and in amounts and for purposes that are themselves varied, there is no one-size-fits-all test for whether we proceed with a given opportunity. Instead, the nature and extent of the pre-offer evaluation heavily turns on the nature of the investment.

To learn more about this process, feel free to review our article here.

anchor link to jump directly to What is Yieldstreet’s due diligence process?
click this down arrow to expand this particular frequently asked question: Are high-yield investments riskier than low-yield investments?
Are high-yield investments riskier than low-yield investments?

Often, but not always. It’s important to consider what types of risk you are prepared to accept as an investor. Different types of risk will lead to different return profiles for different investments. For more information on the risks of alternative investments, see here

From there, it’s also important to read each investment memorandum to consider the specific risks involved with each investment and the mitigants and safeguards that are in place to help reduce these risks. If you have further questions about a particular investment’s risks, don’t hesitate to reach out to us at [email protected].

We always encourage, and indeed expect, that each and every potential Yieldstreet investor educates themselves to the greatest extent possible before investing on our platform, or with others. Our investors educate themselves in many ways, including, but hardly limited to, consulting financial advisors, researching the extraordinary diversity of investments available elsewhere, and exercising personal restraint and judgment when it comes to diversification, risk tolerance, and setting personal and family oriented financial goals.

anchor link to jump directly to Are high-yield investments riskier than low-yield investments?
click this down arrow to expand this particular frequently asked question: Can I redeem my investment during the investment term?
Can I redeem my investment during the investment term?

Generally, active investments on Yieldstreet are not liquid. Once your investment has been fully processed, you cannot modify or cancel your investment for the remaining duration of the offering. Your investment is considered fully processed after we’ve delivered the countersigned investment documents, verified your accreditation status, and received your payment.

Some investments, such as the Yieldstreet Prism Fund, offer quarterly liquidity events. Other investments may offer liquidity events during the term of the investment; for more information please review the details in the investment's original offering page.

Should you wish to inquire about modifying or cancelling your investment before it is considered fully processed, please reach out to us immediately. We will do what we can to help.

anchor link to jump directly to Can I redeem my investment during the investment term?
click this down arrow to expand this particular frequently asked question: Can an investment extend past its due date?
Can an investment extend past its due date?

Yes. The “duration risk” refers to the risk that the Borrower may pay back the loan amount earlier or later than the expected investment length. All durations associated with Yieldstreet investments are “target durations” and while we do everything we can to hit those targets, in certain situations an investment can end or extend before or after that target duration. 

For example, most real estate investments on the platform are financed using short-term bridge loans to provide the Borrower with the flexibility to repay the loan early, should they wish, which would reduce the amount of interest they pay (and thus, the ultimate return to the investor). In other loans, payment schedules have been extended past targeted durations to help the Borrower manage through adverse conditions that may be impacting broader markets or specific to the Borrower and/or their business. Similarly, the majority of the litigation investments we list on the platform are structured with cases of varying estimated settlement dates. However, we cannot be certain of the exact dates these cases will settle given the nature of civil litigation.

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click this down arrow to expand this particular frequently asked question: Have any investments defaulted or not performed as expected?
Have any investments defaulted or not performed as expected?

Yes. As you would expect, like most alternative investments that seek to provide high-yield returns in the specialty-lending market, Yieldstreet investments have experienced defaults. 

Defaults do happen. Our investments target high-yield returns that present a greater risk of Borrower default than other debt investments that may bring comparatively less risk but also target lower returns. In every instance, we seek to minimize the risk of default, and where faced with default, support the Originator’s efforts to work with the Borrower to recover principal at the stated target interest rate to the greatest extent possible.

To learn more about the default process, we recommend you read our article here

Investors must manage their investment performance expectations and consider the risk of defaults to make an informed decision when investing with us.

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click this down arrow to expand this particular frequently asked question: What form of communication should I expect if my investment is impacted by a default?
What form of communication should I expect if my investment is impacted by a default?

Yieldstreet sends monthly updates to all investors in defaulted or modified investments. If there are no meaningful updates from the prior month (which may often be the case) this will be stated. Investors can anticipate receiving an email that monthly updates have been posted to accounts on the last business day of each month, should an investment be included. Once posted, updates can be found in the ‘Activity’ section of Investor Portfolios.

To learn more about the structure and format of the information found in your Portfolio, please reference the following article here. You can also read more about the default loan process here.

anchor link to jump directly to What form of communication should I expect if my investment is impacted by a default?
click this down arrow to expand this particular frequently asked question: How does Yieldstreet get paid?
How does Yieldstreet get paid?

The displayed and advertised net target return for all offerings on the Yieldstreet platform are net of our management.

Yieldstreet collects from the cashflows of the offerings an annual management fee that ranges from 0% (on our short term notes program) to 2.5%, aligned with the gross target returns. These fees are clearly disclosed on the individual offering pages for each investment opportunity. There are also annual fund expenses charged to investors (these are also paid from the cashflows from your investment) that vary slightly depending on the legal structure of the offering, disclosed on the individual offering pages.

In addition, mostly on equity offerings, the share of the excess returns shared with investors is clearly disclosed on the offering page. 

In certain circumstances, Yieldstreet may also charge the originator a listing fee.  

anchor link to jump directly to How does Yieldstreet get paid?
click this down arrow to expand this particular frequently asked question: Does Yieldstreet's management fee come from investor’s interest?
Does Yieldstreet's management fee come from investor’s interest?

Management fees do not come from your interest distributions. Our management fees are paid alongside interest distributions made to investors. Bear in mind that the displayed and advertised target returns for all offerings on the Yieldstreet platform are net of all listing and management fees.

anchor link to jump directly to Does Yieldstreet's management fee come from investor’s interest?
click this down arrow to expand this particular frequently asked question: What is a fund expense?
What is a fund expense?

Both SPV and BPDN investment offerings require specific expenses—regardless of the asset class or the size of your investment. The expenses for each investment opportunity are listed in the offering documents. 

Yearly financial audits for Yieldstreet are completed for each active SPV by a third-party PCAOB compliant firm. These detailed audits are completed to comply with SEC requirements for registered investment advisers and to ensure that accounting for the SPV has been completed in accordance with GAAP standards.

These annual expenses cover mandated regulatory filings and related fees. Some of these charges include Form D filings, State Blue Sky filings, a fund’s annual Delaware franchise fee, and audit fees associated with a fund’s tax returns. Fund expenses are also used to cover out-of-pocket legal fees and expenses, if any, incurred to structure and document any SPV loan or participation, and trustee fees, if applicable.

Check out this video to learn about Yieldstreet’s fund expenses.

anchor link to jump directly to What is a fund expense?
click this down arrow to expand this particular frequently asked question: Are fund expenses deducted from my taxes?
Are fund expenses deducted from my taxes?

It will depend on the legal structure of the investment. If the deal is structured using an SPV, the expense will be included in the investor’s income and a deduction will be applied to their personal tax filings. This investment structure produces a K1 at the end of each year.

If the investment is structured using BPDN, the expense is netted out, which means the investor only declares the amount of interest they physically receive. Investments structured using BPDN produce a 1099 at the end of each year.

anchor link to jump directly to Are fund expenses deducted from my taxes?
click this down arrow to expand this particular frequently asked question: If I submit another investment request, will I be charged fund expenses twice?
If I submit another investment request, will I be charged fund expenses twice?

If you submit an additional investment request using the same investor account, you will only be charged fund expenses once. Fund expenses are only charged per investment per investor account. For more information, please see here.

anchor link to jump directly to If I submit another investment request, will I be charged fund expenses twice?
click this down arrow to expand this particular frequently asked question: What are the best ways to keep my account secure?
What are the best ways to keep my account secure?

We highly recommend taking the below steps to ensure you protect yourself and secure your personal data, not only on our platform but also on other online accounts you have:

  1. Keep passwords long and random: Using a password management tool like 1Password makes this process easier because then you only need to remember the password to your password management tool. We recommend 1Password—we use it ourselves at Yieldstreet.
  2. Use Two Factor Authentication as an added layer of security: We recommend enabling 2FA on every online account you have. At Yieldstreet, we provide two factor authentication via Authy.
  3. Use an ad-blocker: Ad-blocker extensions like uBlock , AdBlock Plus or AdGuard maintain lists that block ads that are known to be malicious.

For a comprehensive list of measures and recommendations to prevent anyone from taking over your accounts containing sensitive information, please review our article here.

anchor link to jump directly to What are the best ways to keep my account secure?
click this down arrow to expand this particular frequently asked question: How do I enable Two Factor Authentication (2FA) on my account?
How do I enable Two Factor Authentication (2FA) on my account?

We recommend enabling 2FA with the Authy authenticator app. This can be downloaded for free from the App or GooglePlay store. Once enabled, whenever you sign into Yieldstreet, you’ll enter your password as usual. Next, open up Authy and enter the code you see generated within the Yieldstreet section. After it’s been entered correctly on the platform, you’ll be able to use the Yieldstreet site and app as normal.

You can also use 2FA via SMS text. Once enabled, whenever you sign into Yieldstreet, you’ll enter your password as usual. Then, a code will be sent to your phone via SMS. After it’s been entered correctly on the platform, you’ll be able to use the Yieldstreet site and app as normal.

The last option is to use 2FA via phone call. Once enabled, whenever you sign into Yieldstreet, your verification code will get sent to you via phone call. After it’s been entered correctly on the platform, you’ll be able to use the Yieldstreet site and app as normal.

With any method, you’ll be prompted to enter a new code each time you want to log into your account.

anchor link to jump directly to How do I enable Two Factor Authentication (2FA) on my account?
click this down arrow to expand this particular frequently asked question: What if I lose my Two Factor Authentication (2FA) device?
What if I lose my Two Factor Authentication (2FA) device?

Please reach out to the Yieldstreet Investor Relations Team at [email protected] to resolve the issue.

anchor link to jump directly to What if I lose my Two Factor Authentication (2FA) device?
click this down arrow to expand this particular frequently asked question: How do I update my account details?
How do I update my account details?

You can update your name, phone number and home address on the User Profile page.

If you need to edit your email address, please contact [email protected] and we’ll assist with your request.

anchor link to jump directly to How do I update my account details?
click this down arrow to expand this particular frequently asked question: Can I add beneficiaries to my account?
Can I add beneficiaries to my account?

If you have active investments on the Yieldstreet platform, it is possible to designate beneficiaries for your account. Designating a beneficiary will ease the transition of active investments to the appropriate party, as necessary. Investors can designate a beneficiary of their active investments on the User Profile page of the platform. 

Please note, designating a beneficiary is only applicable to active investments on the Yieldstreet platform. This is separate from funds held in the Yieldstreet Wallet, which is held at Evolve Bank & Trust, a third-party FDIC-insured bank. At this time, you are not able to designate a beneficiary of your funds held in the Yieldstreet Wallet.

anchor link to jump directly to Can I add beneficiaries to my account?
click this down arrow to expand this particular frequently asked question: How does the Yieldstreet site secure my information?
How does the Yieldstreet site secure my information?

Yieldstreet places great importance on keeping your information secure. We encrypt all personal information on our website and our technology team endeavors to utilize best practices for security sitewide. The identity information you provide on Yieldstreet is stored by our third-party financial provider, SynapseFI. Synapse stores all information submitted for KYC (know your customer) purposes. This includes SSN/EIN numbers, along with other documents provided, such as a government ID or Trust Agreements, as applicable. 

All other information entered on our site is encrypted, and our team ensures that sufficient cyber security measures are in place. Additionally, Yieldstreet does not store or see banking information or bank login information when you provide these details during the sign-up process. If users opt to provide their bank account login details when linking an external bank account to the platform, the login provides a direct connection to your bank, and Yieldstreet does not ever see or store this information.

anchor link to jump directly to How does the Yieldstreet site secure my information?
click this down arrow to expand this particular frequently asked question: Why do I have to provide personal information (SSN/DOB/Address)?
Why do I have to provide personal information (SSN/DOB/Address)?

Yieldstreet is required to complete identity verification procedures for know your customer (KYC) purposes. As such, we require you to verify personal information such as your address, date of birth, and SSN#. This information is also needed to produce a K1/1099 for each investment at year end.

For more information on Yieldstreet's privacy policy, please see here. We also use a third-party application for transactions, SynapseFI. For more information on SynapseFi’s security policies please see here.

anchor link to jump directly to Why do I have to provide personal information (SSN/DOB/Address)?
click this down arrow to expand this particular frequently asked question: Can I transfer my investment(s) to another investor account?
Can I transfer my investment(s) to another investor account?

At this time, our platform does not support the transfer of any investment to another account.

Investments are illiquid until maturity (namely, repayment or resolution of a default situation). Once an investment request is submitted, the investor is agreeing to the terms and conditions of holding the investment in the account owner’s name.

Should there be any life change events (e.g. divorce or death) please reach out to Yieldstreet at [email protected] to submit your request. You may be required to provide additional supporting documentation. 

There may be other instances where an exception may be made, on a case by case basis, but we cannot guarantee your request will be granted.

Any account change request that is processed will be subject to the associated fund expense per each investment transferred to another account title.

Should you want to continue investing under a different account type or title, be sure to set up a new account here and use the new account to invest moving forward.

anchor link to jump directly to Can I transfer my investment(s) to another investor account?
click this down arrow to expand this particular frequently asked question: I have received a distribution for one of my investments, where does that money go?
I have received a distribution for one of my investments, where does that money go?

You will receive payment notifications by email whenever funds have been deposited into your Yieldstreet Wallet. You can also withdraw funds, to deposit into your external bank account, as desired.

anchor link to jump directly to I have received a distribution for one of my investments, where does that money go?
click this down arrow to expand this particular frequently asked question: What is the difference between earned, accrued, and paid interest?
What is the difference between earned, accrued, and paid interest?

Earned interest is the rate of interest that an investment is earning for you. If you invest $1,000 in an investment that earns 10% per year, for example, your earned interest that year will be 10%, or $100.

Accrued interest, or interest balance is interest that an investment is earning, but that you have not collected yet. In a savings account, for example, interest on your balance accrues every day, but is only credited to your account at the end of the month. Your savings are earning that accrued interest every day, but you can’t spend the interest until the bank puts it into your account. A Yieldstreet investment that pays interest monthly works the same way. You accrue interest all month long and you receive it on the payment date.

Paid interest is interest that you have received as payment into your account; at that point it is no longer accrued interest.

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click this down arrow to expand this particular frequently asked question: How often will I receive payments?
How often will I receive payments?

Check out this article about what you should expect during the lifetime of an investment

While the majority of our offerings have predefined payment schedules, i.e. monthly or quarterly payments, some investments distribute interest and principal based on the occurrence of certain events. The anticipated payment schedule is always outlined on the offering page of the investment offering as well as the Series Note Supplement or Investment Memorandum.

Predefined Schedule

Offerings with predefined payment schedules pay at regular intervals (monthly, bi-weekly, quarterly, etc.). The offering page of each investment details the exact payment schedule. The offering page also outlines whether investors can expect principal payments throughout the duration of the investment or at maturity of the deal. It is important to understand that a monthly or bi-weekly payment schedule does not necessarily mean that payments will be made on the first and fifteenth of each month. Check out this infographic for more information.

Event-Based Payments

Some offerings are structured with an event-based payment schedule. Event-based payment schedules are commonplace for portfolios of pre-settlement litigation advances. An event-based payment schedule means that investors receive payments as soon as individual cases within a portfolio settle. 

Payment dates and amounts cannot be pre-determined because the timing of the settlement of the underlying cases is uncertain. Given that these investment offerings are made up of multiple underlying cases, an investor can expect to receive multiple payments throughout the term of the investment. For litigation finance investment offerings with one underlying case, you can expect to receive one payment of principal and interest upon final settlement. 

Payments are not guaranteed and may be subject to delay or total loss. See the risk factors for each applicable offering for more details.

anchor link to jump directly to How often will I receive payments?
click this down arrow to expand this particular frequently asked question: Is it possible to cancel an investment I’ve made?
Is it possible to cancel an investment I’ve made?

At this time, we are only able to cancel a pending investment if the cancellation request is received prior to when we receive the funds for your investment. If we receive your cancellation request after your funds have already been invested, we’re unable to cancel your investment request. Further, we cannot cancel investments that are active and earning interest in your portfolio.

We will consider all requests we receive, but we cannot guarantee your request will be granted if it falls outside this policy. You can reach out to [email protected] to submit your cancellation request. 

anchor link to jump directly to Is it possible to cancel an investment I’ve made?
click this down arrow to expand this particular frequently asked question: How is the IRR calculated?
How is the IRR calculated?

You can read more about how IRR is calculated on our site here.

anchor link to jump directly to How is the IRR calculated?
click this down arrow to expand this particular frequently asked question: Can the loans be repaid early?
Can the loans be repaid early?

Yes, borrowers can repay loans early. Our mission is to connect borrowers and investors for a mutually beneficial relationship and outcome. If borrowers are successful and want to prepay their loans, they are able to do so. In most cases, there will not be a penalty for early repayment. Durations listed for each investment offering are target durations, but we strive to meet them.

anchor link to jump directly to Can the loans be repaid early?
click this down arrow to expand this particular frequently asked question: How are my  Yieldstreet investments taxed?
How are my Yieldstreet investments taxed?

There are two types of legal structures that Yieldstreet uses to hold investments—special purpose vehicles (SPVs) or borrower payment dependent notes (BPDN). 

For investments held in special purpose vehicles (SPVs), you as an investor become a member of the LLC or SPV in which the opportunity is set up. You can expect to receive a K1 at year end for each of your Yieldstreet investments structured using an SPV. The K1 will state your interest income, which is typically reported as ordinary income.

For each BPDN offering, a new SPV will be formed as a wholly-owned subsidiary of the BPDN Issuer (i.e. the issuer will create Series 1 SPV). That SPV exists to fund, acquire and originate a loan with a borrower, or enter into a participation agreement directly with the originator of a loan. The BPDN issuer will then issue a borrower payment dependent note associated with that specific SPV (i.e. Debt Note 1) and corresponding asset directly to investors (the debt note holders). This investment structure will produce a 1099.

Please see this article for more information on how Yieldstreet investments are taxed.

anchor link to jump directly to How are my Yieldstreet investments taxed?
click this down arrow to expand this particular frequently asked question: State Taxes?
State Taxes?

Each investor will receive a K1 or 1099 for tax purposes depending on the investment’s legal structure. The structure of the particular investment will be stated on either the investment memorandum or the series note supplement, which are available for download and review ahead of an investment launch.  

Investors will only receive a state issued K1 if the state you live in requires it. Each SPV is formed in Delaware, and state taxes only apply to the state you reside in. If you are a resident of New York State, you may receive a federal and state issued K1.

Interest income on your K1 or 1099 will generally be taxed as ordinary income. 

See this article on Yieldstreet taxes here.

anchor link to jump directly to State Taxes?
click this down arrow to expand this particular frequently asked question: What is Yieldstreet Wallet?
What is Yieldstreet Wallet?

Yieldstreet Wallet is a checking account that earns 0.20% annual interest on funds held. Please note that this interest rate is subject to change. To learn more please read "Wallet Account Services" in our Terms of Use.

anchor link to jump directly to What is Yieldstreet Wallet?
click this down arrow to expand this particular frequently asked question: Do I need to be accredited to use Wallet?
Do I need to be accredited to use Wallet?

No, you do not need to be accredited to use the Yieldstreet Wallet.

anchor link to jump directly to Do I need to be accredited to use Wallet?
click this down arrow to expand this particular frequently asked question: Will Yieldstreet Wallet speed up my investing process?
Will Yieldstreet Wallet speed up my investing process?

Yes. Now that you can hold a cash balance in your Yieldstreet account, you can use these funds to cover any investment allocations you make. As you invest in new deals, your payment and distribution accounts will be automatically set to your Yieldstreet account. If your account is funded, these transactions will be virtually instantaneous, whereas ACH transactions can take 1-2 days to settle. Therefore, if you make investments from your Yieldstreet Wallet you can start to earn interest faster.

anchor link to jump directly to Will Yieldstreet Wallet speed up my investing process?
click this down arrow to expand this particular frequently asked question: Is there a min/max to how much I can hold?
Is there a min/max to how much I can hold?

No, there is not. Hold as much or as little cash as you want, there is no minimum balance requirement. All funds held will automatically earn the stated annual interest rate. 

anchor link to jump directly to Is there a min/max to how much I can hold?
click this down arrow to expand this particular frequently asked question: How many times can I withdraw my funds?
How many times can I withdraw my funds?

Yieldstreet Wallet operates similar to a savings account and, at the moment, you can withdraw funds as many times as you’d like. We will notify you if this changes. You can also deposit additional funds as many times as you’d like per month. It’s important to note that there are no transaction fees associated with a Yieldstreet Wallet account. 

Please know that for your safety, withdrawals may take up to five business days to process. During the process of reviewing the transaction, we may request additional documentation to verify specific information and account details, such as if funds are deposited and a withdrawal request is placed within less than 5 business days. The information requested will be proof of identification (such as Government ID and/or proof of SSN) along with a recent bank statement to prove your ownership of the bank accounts involved in the transaction. Someone from our Investor Relations team will reach out to you requesting additional information if necessary.

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Are my funds insured?

Yes. Your Yieldstreet Wallet is an account held at Evolve Bank & Trust, which is an FDIC-insured bank. This means that funds deposited in your Yieldstreet Wallet are insured up to the maximum allowed by law, which is currently $250,000 for an individually-owned account.

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Are the funds taxed?

Yes. A 1099-INT will be distributed to each Yieldstreet Wallet user during tax season.

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How do I become an originator on the platform?

If you are interested in becoming an originator, contact us at: [email protected] 

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