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Development of the Inspira platform began in 2007, leading up to the commercial launch in 2008. Inspira began servicing its first clients in 2009 in conjunction with a close partnership with Mid Atlantic Trust Company (MATC).
Inspira boasts more than 100,000 individual IRAs on its system, with approximately $500 million in assets under administration. MATC, the custodian of Inspira’s IRA products was founded in 1984 and holds over $70 billion in assets under custody and processes more than 1.4 million mutual fund trades each month.
By combining Mid Atlantic’s custodial expertise with Inspira’s focus on scalable, technology-driven systems, clients and accountholders experience world-class account servicing without the cost and inefficiencies that plague traditional financial institutions.
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