Frequently asked questions

Our most common questions from investors.

If you have any additional questions please feel free to reach out to us.

Getting started

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.

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.

How do I get in touch with a Yieldstreet representative?

The best way to get in touch with us is by sending an email to [email protected]. This will help ensure your questions are answered in a timely manner.

Linking a bank account is required to set up your Yieldstreet account. This step is required to fund either your Yieldstreet Wallet (which will earn 0.001% annual interest on funds you hold) or your investments, as an ACH will be initiated to your external bank when you make investment requests. You won’t be able to access investment distribution payments until a bank account is added.

You can link your bank account automatically by logging into your bank account from the platform. This is the easiest and most secure way to connect a bank account as the account is able to be verified to protect users from fraud. Yieldstreet never sees or stores bank credentials. You are able to select the account(s) you wish to link to Yieldstreet to fund your Wallet or investments.

As a standard procedure, your bank will ask you a security question during the set-up process. Even though your bank account will be connected to Yieldstreet, we’ll never have direct access to your account. You are required to initiate or confirm all transfers to and from the account.

 

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 simply selecting your external account as the funds source and the Yieldstreet Wallet as the destination account, your transfer will begin processing and funds will arrive in your Yieldstreet Wallet within 5 business days. It 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.

Can I invest on Yieldstreet using an online brokerage account?

This depends on which brokerage account provider you use. Your brokerage account must also be ACH compatible. Please contact our investment team directly at [email protected] to discuss further.

Investor accreditation

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 three 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 based on income (the requirement is $200K/yr for the past two years as an individual, or $300K/yr if joint, and reasonably expect the same for 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 (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.

Check out our video Are you an accredited investor? for more information.

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.

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 $5,000, and then you would have the opportunity to make additional investments in the Fund at a minimum of $1,000.

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.

What income verification documents are acceptable to use to confirm my accreditation?

You may submit the following forms: 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.

image-0.png

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 be recent (dated within the last 3 months).

 asset.pngliab.png

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.

 3rd.png

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.

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.

How frequently do I need to update accreditation information?

If you verify your accreditation status based on income, verification will expire on April 16 every year. 

If you verify your accreditation status based on net worth, provided all statements are current, your status will be valid for one year from the date the documentation was submitted.

If you verify your accreditation status via a third party, your verification will be valid for one year from the date the verification letter was signed, unless an alternative date is stated in the letter.

Invest on Yieldstreet

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 offering page and then click on the individual offering. Next, enter your desired investment amount, noting the investment minimum, and then click “Invest Now.” You’ll then arrive at a page finalizing how you would like to fund your investment.

You can expect to see ~5 offerings per month. Due to demand, however, Yieldstreet offerings fill quickly. Please note that there are several changes that we are hoping to make to provide our investors with more opportunities to invest. We’re also focused on expanding our pipeline, types of investment products, and developing new relationships as we scale.

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 Commercial and Residential Real Estate, Litigation 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

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 $5,000.

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.

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.  

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.

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.

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.

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. 

Yieldstreet Prism Fund

What is the distribution rate of the Yieldstreet Prism Fund and termination date?

Investors in the Fund can expect to receive quarterly distribution payments at an annualized rate of 7%.*

Distributions are expected to be made quarterly, subject to the authorization of the Fund’s Board of Directors. The first distribution was paid on June 12, 2020.

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

 

Reflects the initial quarterly distribution declared by the Fund’s board of directors on February 6, 2020, which was paid to shareholders of record as of June 10, 2020 and is based on the initial offering price of $10 per share. 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.

Does the Yieldstreet Prism Fund offer me any liquidity?

In addition to the expected quarterly distributions, there may be the potential for optional liquidity starting around June 2021.*

 

*The Fund intends to offer to repurchase shares from investors at the discretion of the Fund’s board of directors and depending upon the performance of the Fund. The Fund will limit the number of shares to be repurchased in any calendar year to 20% of the weighted average number of shares outstanding in the prior calendar year, or 5% in each quarter. If the number of shares submitted for repurchase by investors exceeds the number of shares the Fund seeks to repurchase, the Fund will repurchase shares on a pro-rata basis, and not on a first-come, first-served basis.

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 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.

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 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.

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 Fund.

In what asset classes does the Prism Fund invest?

As of July 31, 2020, the Fund held assets in the Art, Commercial, Legal, Private Business Credit, and Real Estate asset classes, as well as corporate preferred bonds.

If I invest in the 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.

What is a Distribution Reinvestment Plan (DRIP)?

Distribution reinvestment plans, or DRIPs 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 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.

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 Fund’s shares. NAV is determined by dividing the difference between the 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.

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 October 2020, we have launched 15 series of notes, with six series paid in full and the remaining currently performing as expected.

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.

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.

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.

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.

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 $1.4B in investments on our platform. As of October 2020, we have launched 15 series of notes, with six series paid in full and the remaining currently performing as expected.

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.

Investing with an IRA

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.

Can I invest on Yieldstreet using my IRA?

Yes, you can invest on Yieldstreet using your 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.

Yieldstreet allows investors to invest retirement funds with a Self-Directed Yieldstreet IRA (YS IRA). Accounts are free* and easy to create from the “Manage Account” page of your account. Simply click on “Add New Account”, which is found beneath the list of your other “Investor Accounts.” 

  1. Begin with “I want to set up a Yieldstreet IRA” and be sure to select the right account type based on the source of your IRA funds (Traditional IRA or Roth IRA).
  2. As you work through the account creation flow you will be prompted to provide your personal information and documents so we can verify your identity and accredited investor status. You will also be asked to provide information regarding the beneficiaries of your Yieldstreet IRA.
  3. The final step of Yieldstreet IRA account creation is funding your account. We have made this process easy through the use of Automated Customer Account Transfer Service (ACATS) technology. Initiating an ACATS transfer from the Yieldstreet IRA account creation flow will move liquid capital from your resigning custodian to Yieldstreet without any additional work on your part. Simply search for your current custodian and enter the amount of cash you would like to transfer.
  4. Should your custodian not appear on the list of participating providers, please skip over the funding page of the account creation flow and contact [email protected] If you wish to fund your Yieldstreet IRA via a distribution/rollover you will also need to skip the funding page and reach out to the Yieldstreet Team.
  5. After you have initiated your ACATS transfer to fund your Yieldstreet IRA, a member of the Yieldstreet Team will reach out to you with two additional documents for e-signing.
  6. Once the documents have been e-signed and funds have arrived in your Yieldstreet IRA Wallet, you will receive an email notification indicating that you’re ready to invest. 

*Accounts are free to establish, and we have waived account maintenance fees for the remainder of 2020. Account maintenance fees will resume in 2021, and are due at the conclusion of the year. Fees charged are based on the cumulative balance deposited into your account over the 12 month period.  Please refer to “What are the fees associated with a Yieldstreet IRA? for more information on these charges.

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. Checkbook control will be offered later this year. 

How to put money in 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. 

In order to transfer funds from your current custodian to your Yieldstreet IRA, you will need to complete an ACATS transfer request which is easily completed using the “Transfer funds” button in your “Portfolio.” Simply search for your current custodian and enter the amount of cash you would like to transfer across. 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, please progress past the funding page of the account creation flow and contact [email protected]. If you wish to fund your Yieldstreet IRA via a distribution or rollover, you will also need to progress past the funding page and reach out to the Yieldstreet Team.

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, please consult with a tax specialist for advice specific to your situation.

 

What is the difference between a Self-Directed IRA and a Checkbook Self-Directed IRA account?

If you are to invest IRA funds through a Self-Directed IRA, the custodian of the IRA must handle all the IRA’s funds and assets, and all transactions must go through the custodian, since it is the IRA making the investment. Whereas, with a Checkbook IRA all of the same steps are followed but only once for the initial investment. This is because the only investment that the IRA makes is the purchase of the Trust that the IRA ultimately invests through. Once the Trust is funded, the Self-Directed Checkbook IRA allows for the investor to approve all investments without the involvement of the IRA custodian. This is made possible because the investor is able to access the IRA’s funds through a dedicated checking account - in this case the Yieldstreet Wallet. 

How long does it take to set up my Yieldstreet IRA?

With a Yieldstreet IRA, it takes roughly two weeks, about two weeks faster than with other custodians. Although less instantaneous than we would like, it’s better than what other custodians have to offer. At Yieldstreet, we are constantly looking for ways to further drive efficiencies in the process so you can become invested and start earning interest faster.  

After you have completed the Yieldstreet IRA account creation flow and initiated your first ACATS transfer from 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.

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 0.001%. All payment distributions will be deposited in your IRA’s Yieldstreet Wallet.

Do I need to have my Wallet funded to submit an investment request using my Yieldstreet IRA?

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

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 YS IRA. No additional paperwork or costs are incurred to make your investment active.

Investing with an entity

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. 

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. 

Can I invest using a 401K?

You can set up a solo 401K here (select "I want to invest with an entity") if it’s set up as a Trust or as an LLC.

There are a few things to consider. You’ll have to reach out to the custodian to determine if/how they handle and process alternative investments. Also, the bank account associated with the solo 401K will need to be ACH-compatible.

Investment structure

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.

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.

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.

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.

Risk management

What happens if Yieldstreet goes bankrupt or out of business?

Yieldstreet is the manager of the SPV (special purpose vehicle) or issuer of the BPDN (borrower payment dependent notes) which are bankruptcy remote from YieldStreet Inc. The SPV or BPDN issuer is a separate company designed to keep your investment secure if either the originator or Yieldstreet experience credit risk.

For example, in an SPV, if anything were to happen to our company, a new manager, such as the originator, would be appointed for the SPV and would take over management responsibilities. In this instance, the new manager would receive the associated management fees and the investors would continue to hold the investment.

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, Richey May & Co. These audits are made available to all current Yieldstreet investors each year. 

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.

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.

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.

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

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. Yields targeting 8% or above
  5. 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.

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.

Can I redeem my investment during the investment term?

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

Should you decide to modify or cancel your investment before it is considered complete, please reach out to us immediately. We will do what we can to help.

Fees

How does Yieldstreet get paid?

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

Yieldstreet collects an on average 1-2% management fee on all offerings from investors annually. These fees are disclosed on the individual offering pages for each investment opportunity. In certain circumstances, Yieldstreet may also charge the originator a listing fee.  

There are also flat annual fund expenses investors are responsible for per investment (these are paid from initial interest distributions from your investment) that vary slightly depending on the legal structure of the offering (either SPV or BPDN structure).

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.

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.

Securing your account

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.

Why did I receive a verification code to my phone when I didn’t try to log in?

One reason this could occur is due to other accounts you may have (like Personal Capital or Mint, amongst others) that have access to pull data from the Yieldstreet website when they are provided with your login credentials to sync your Yieldstreet account data on their platform.

For this reason, we recommend setting up 2FA with a smartphone app like Authy to avoid receiving SMS texts each time other accounts access your Yieldstreet account to sync your data on their platform.

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.

Alternatively, you can 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.

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

Can I protect my account with Two Factor Authentication (2FA)?

Enabling Two-Factor Authentication will add an additional level of security when accessing your Yieldstreet account. This security measure helps protect your account in the event that your password becomes compromised. Two-Factor Authentication can be easily activated/deactivated from the User Profile page here.

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.

Manage your account

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.

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.

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.

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.

What if I don’t want to provide my bank account log in?

Adding a bank account is a required aspect of Yieldstreet's account set-up process. You will not be able to access distribution payments from your investments until a bank account is added. 

Should you opt to enter your bank account login details at sign-up, your bank will also ask you a security question during the set-up process as standard procedure. While the bank account will be connected, Yieldstreet never has direct access to your account—you are required to initiate transfers to and from the account. 

As an alternative, you may enter bank details manually through the provision of your account and routing number. If you choose to link an external bank account to the platform using this method, you’ll need to wait 1-2 business days to confirm the micro deposit amounts, that show on your transaction history, before being able to fund your account.  

Your investments

How is the IRR calculated?

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

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.

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.

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.

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.

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.

Yieldstreet Wallet

What is Yieldstreet Wallet?

Yieldstreet Wallet is a savings account that earns 0.001% annual interest on funds held at Yieldstreet, regardless of your accreditation status (please note that this interest rate is subject to change).

How does Yieldstreet Wallet work?

After signing up and completing your KYC verification to open your Yieldstreet account, you can connect an external bank account to the platform and transfer funds into your Yieldstreet Wallet. After you initiate a transfer, you’ll start to earn interest once the funds settle in your account, with no extra work required from you.

Do I need to be accredited to use Wallet?

No, you do not need to be accredited to use the Yieldstreet Wallet. This, along with the Yieldstreet Prism Fund, are two products available to all investors, regardless of their accreditation status.

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.

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.

What if I prefer receiving deposits directly to my external bank account?

Yieldstreet has implemented the Wallet functionality across the majority of accounts on the platform. With an activated Yieldstreet Wallet, you will still receive payment notifications whenever funds have been deposited to your Yieldstreet account. You can also withdraw funds, to deposit into your external bank account, as desired.

Why do I need to provide a photo ID?

In order to hold funds, additional know your customer (KYC) efforts are required, including validating your identity via a government-issued photo ID.

How quickly will I start earning interest?

It can take up to five business days for funds to arrive in your Yieldstreet Wallet. Once funds are in your Wallet, they will earn daily interest which will then be paid monthly.

How often is interest deposited?

Interest is deposited monthly and compounds daily at 0.001% APY.

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. 

Borrowers/Originators

How do I become an originator on the platform?

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