Name: Yieldstreet - Alt Investments
Rating: 4.69216 (1595 reviews)

User Reviews for Yieldstreet - Alt Investments

4.69 out of 5

1.6K Ratings

3 years ago, Luckyflo7

I would not recommend

I have had 3 out of the original 4 investments default. One was able to negotiate and get out of default, but the other 2 have been in default for 2 years. I am waiting while they continue to try to recover the money. The legal battle for both is ongoing and lengthy. Hopefully they will pan out and recovery will be successful. I don’t need the money, so I can wait as long as needed, but I probably won’t be investing anymore until after everything is resolved.

2 years ago, Marcus Norman

Great platform, lacks potential for growing investor

I absolutely love this platform and think it’s necessary for the world and if given the chance, would love to invite one of its leaders to be interviewed on my own podcast so that I can spread awareness about the positives of this platform and what they can do. My desire and what’s missing, to me, are the smaller investments that allow one to “grow into” an accredited investor overtime which can happen over time as profits/gains are made. I currently invest in the prism fund and saving a percentage of my business earning so that I can invest the $5K into its real estate fund in the next couple of months (tax season). Additionally, over the years I desire to invest more and more into things like the prism fund and then graduate to much larger assets classes. As my net worth grows overtime i, and I feel many others, can be able to grow into an accredited investor and take part in the larger deals. By this I feel Yieldstreet has not only taken advantage of its current demographic of wealthy individuals but can also secur it’s “future” investors aswell by allowing early entry.

4 years ago, ME419

Getting trapped in their mistake

I had signed up for this app and followed what seemed to be a really simple process; putting in your information, validating that information and then linking a bank account and transferring money. Little did I know that I had just entered the biggest bug this app has, APPARENTLY in that work flow before I linked a bank account and transferred money there was one last validation step. I was apparently supposed to receive an e mail to submit paperwork to valid my investor status (even when this happened the “link” didn’t even take me to an active page it just endlessly loaded) so because none of this happened my money was now stuck in limbo because I technically couldn’t keep it in the app because I wasn’t a “valid” investor, AND I had closed the original linked accountant. Additionally Yieldstreet wouldn’t let me add another new account to transfer the money out of the app even though you can add a max of three linked accounts. Needless to say they clearly have a lot of bugs to workout, and I’m still trying to get a solution.

3 years ago, Hoosiers GOGO

Investments seem fine but app/site has issues

So the basis of this app is to provide an alternative investment opportunity, which is does. Rates vs risk appear to be reasonable so all good there. The biggest issue I have is the constant errors the app/site make. Whether it’s stating incorrect interest paid, fees deducted, or most recently the app showed $15,000 disappearing from my account. Customer service takes a number of days to respond but eventually do. Assuming I get my $15,000 back, the three stars will stick for now. Hopefully they improve the tech as you just don’t see these types of errors on more traditional retail sites/apps like Schwab, Fidelity or even other crowdsourcing sites.

2 years ago, Jordantruman

App is brilliant

This app is a great way to deepen and broaden my exposure to private capital markets. It allows you to do everything the website does and is in some ways easier to use. I love toe new ‘cards’-type design. Accessing alts is never something I could do with all my Fidelity accounts / relationships but being able to do it here at Yieldstreet has helped me to modernize my family’s approaches to building wealth. Highly recommend for anyone looking to gain access to the wealth strategies of the rich.

5 months ago, The Golden Greek Cypriot

So far so good.

I have been investing with YIELDSTREET for just over two years. I have invested in 25 different investments and so far I made a good profit on ten that natured, making returns on others that are still performing, and waiting on some long term to mature and make a 16-18% profit. Twice I got a phone call from the president asking me how I was doing with the company and my agent calls me every week to give me advice and check on me. No conplaints here and I am planning to invest more in the near future.

5 years ago, Mr.Inggo

Nonexistent or Unresponsive CSRs

I suspect the positive reviews are fake. I deposited a small amount in my account as I do with all financial institutions to test them out before I invest. There were no “investment opportunities” available. They won’t let me withdraw my money. Their customer service representatives are nonexistent. I challenge you to try to speak with or try to get any response from them before “investing.” They’re unreachable. My money is stuck earning 2.2APY which I’ll probably never see. I gave them a 2 instead of a 1 so you’ll read this and beware. Run from this don’t walk. If you want to invest you’d have better luck with that friend of yours with the “amazing business opportunity.” DON’T WALK! RUN!!!

5 years ago, Not a yoga person

Simple and Effective

Litigation financing is hard to find. Quality product placement for litigation finance even harder. YieldStreet makes it simple and easy to find better yields for this area of investment. Please with the organization and the tech by which they offer their products.

3 years ago, definitely change

Updated review….still broken and no support or help

I emailed support based on my last review and did not get any reply. It’s great that they read these reviews, maybe some time should be spent on actual customer issues. My main problem is I set up a recurring transfer to increase my position in the Yieldstreet prism fund. The money just sits in the wallet I in invested and there is no mechanism in the app or the website to manually invest either but it should be automated. Nothing is happening and I get zero response when I emailed the support. So for now I will just keep my minor position and invest my money on other platforms that function and have responsive customer service

3 years ago, vgtyhb124456(;:/

Service

Great company, however they have zero customer service. They NEVER answer their telephone. It’s an email based communication company only. I’ve tried calling them no less than 50 times at all hours. The typical return email is about 48 hours! Complaints fall on deaf ears. I letter sent to the CEO was never answered. The opportunities are good for divesting your asserts. They have several plaintiffs for deceptive offerings. They are being sued in NY snd in Federal Court. They claim to have never lost an investors money.. if that is the case why are they being sued?

3 years ago, Angela715!

Referral quarterly pay

I would recommend the app 5 stars for investing but for there referral program is horrible! I never received pay from last quarter or this quarter! I showed proof my profile was set up 100 percent plus confirming micro deposit for my bank as so of most ppl I had referred and haven’t received anything ! At this point it sad to say I have to take action and file a complaint with the better business bureau to have someone to contact me and post what I’m owed! Referrals pay from different app is how I make a living for rent and yes I’m very upset about it and it’s not fair

5 years ago, Lollsosksjjd

App doesn’t work

This app is NOT working! First, it got me really panic after I transferred online $10k to my account, nothing showed up until my bank had to work with them for over a week; secondly, it seems no way to get into any good offerings, so failed the purpose of investing your money; thirdly, when I tried to close my account and transfer my balance back to my bank, nothing happened after several attempts. You should not launch this app if this is the way that you handle people’s investments. 👎(by the way, I still haveNOT received my money as of yet!) My advise is do NOT use this app!!!

2 years ago, Aubie1984

Good easy way to earn interest

I like tying in my brokerage account to earn some interest. Easy to move money between accounts. I wish I could setup a “bond ladder” type of investment. I am doing it myself but it seems that there could be a better way. I would also like to automate my investments every two weeks to further automate my investments.

3 weeks ago, Never Hillary

Don’t invest in this unless you want to lose money

Invest in this if you want to lose money. Not a single investment I have in my entire portfolio loses money while making money. There’s a paid dividend, but after 2 years my account is more then 10% lower! Pretty sure this is a scam. App is garbage. Asked to get my money back a few times and was given excuses. Don’t invest in this. Update Got my distribution back and over the course of 2 years I’ve lost over 60% invested. I will be filing claims with FTC expecting a civil suit in the near term

2 years ago, DenaliCA

K1 Forms Delayed last year and likely this year

I have invested with YS for the paint 2-3 years and while the platform is easy to use, the experience getting information on K-1 investments is pathetic. They are not able to provide any real information to help navigate which state to file the taxes in for K1 as well as for their Asia debt, which country or countries. This Will be reported to CA FTB and IRS as not having this information does not allow us to file proper returns and exposes us to tax penalties.

12 months ago, jacktronics

Notification issues, otherwise great.

For months I haven’t been able to clear a ‘ghost’ notification on the app so it sticks out like a sore thumb on my phone, i have tried to reinstall the app but it shows again as soon as i login, any help figuring out what’s going on would be greatly appreciated. Otherwise the app is great.

3 weeks ago, sree71

Too many defaults on platform

The % of defaults are too high , they don’t refund even the fees. The upfront risk disclosure makes it seem like a safe investment with multiple options in case of default. However when the actual default happens there are very limited choices and you loose entire investments. If you loose 1 out of 10 investments to default all your returns are wiped out. If you loose 2 out of 10 you make significant losses. My experience is 3 out of 10 defaults on average.

5 years ago, berleweb23

Simple easy and it works

Very easy to use, let’s me actually invest when I’m not in front of the computer. This is very useful because a lot of investments sell out within minutes.

3 years ago, dfyucrijvsdthi

Satisfied customer

Have been using Yieldstreet for 2 years and the app is solid, the investments good, and the information and service have been helpful when needed.

5 years ago, John Blackstool

Will never be trusting my money with Yield Street

Easy to use interface. Simple to understand. But the only thing (and the thing that matters the most) is that I withdrew some money and never received it into my bank account. Literally been about 3 weeks now and no sight of my cash. I reached out to the support team but have received no word back. Will never be involving my money with them. I can’t trust a company that can’t simply return an email let alone my own money.

4 years ago, Parisnewyorkev

Great to access alternative investments

Many of these asset classes were reserved to the institutional investors. Yieldstreet provides not only access but also clear information about each investment. And returns have been great so far.

5 years ago, Pdsb5uc

Impossible to invest!!!

There are so few investments (like 1 in 2 months) and the investments that fo open vanish in under a second. After frustratingly missing investments for checking then 1 min late I finally put alarms for myself and clicked one the moment it became available. I was thrilled to finally enter my investment. But then too I got waitlisted. Only time I actually ended up investing was the initial investment that they open only for new members. After that it is totally useless.

5 years ago, shanebertola

Great app - poor payment notifications

Really like how simple the app is to use. I wish it had a functionality to show when upcoming payments are expected for fixed payment loans. Always left wondering when a check is coming in.

3 years ago, Hector perez gaviria

Worst customer service I’ve ever received in my life

I have been trying to contact them for over 17 days and they never answer my emails. I try to call them and they don’t have phone support. I’ve tried everything and they don’t help. Terrible product would never recommend them. I’ve never written a review in my life but after 30 years I finally did with this guys.

4 years ago, JM122_

Prism Fund is great

I enjoy the quarterly distributions of the prism fund. There are no other companies offering this level of diversification to my knowledge with minimums this low. Good app, and making money is the best feature of all :)

2 years ago, Ozz015767

High hopes

It was easy to understand the various investment instruments. After completing the Application and extensive documents required my money is not invested yet after 8 days. I was not able to locate a customer service Telephone not Email address for questions or Help.

5 years ago, megbliss72

Making under 200K? Don’t even try

The platform is already a bit shoddy (no auto fills, wouldn’t allow numbers or special characters for a password, glitchy whenever you go back on during a session), but only after you create an entire account and sign up do they tell you that you have to be an accredited investor (making over 200K for the past 2 years) to use. Not worth the time.

1 year ago, Hinojosa15

Poor support, poor investments

They’ve created an app but have no way to contact a rep through the app. Instead, you need to email outside the app. Meanwhile (and separately), I’ve had two investments go into modification. I hope they will at least recover principal, but who knows. The level of risk for the limited return is not worth it. Meanwhile, ys corporate is taking 2 and 20 and not even offering easy ways to contact support. They’re not crooks, but they’re also not on your side. They make their money off the investors - same as all the other shops. You’re just investing in things that are a lot more opaque and have much less regulation.

4 years ago, hunkydoc69

Dr. Rajesh malhotra

Just like your website. An excellent app. Will make it easier to get into new investments. I had to rush home to be in front of my computer. Not any more. Many thanks

2 years ago, Chip HZ

Excellent App and Company

A solid alternative to the market. Great returns and customer service. Highly recommended.

5 years ago, Jetlife2

Basic app, use website for real transactions

Handy app to quickly look up portfolio status, transactions, etc. However the website is more detailed so you need to use both.

2 years ago, Spencedig

Good alternative to the stock market

I like the diversity your platform offers. Likes like nice returns. Would like a customer service number, however. Maybe it’s located someplace I haven’t seen. Keep up the good work. Mike

3 years ago, Chormaic Sullivan

Won’t transfer my money back

Wouldn’t let me invest in the fund so I tried to transfer my money back to my original account. It’s been over 10 days and I’ve reached out almost 5 times - email, chat, phone - and no response. Would love my money back 🤣 plenty of other ways to get into diversified investments

3 years ago, Puttboy WV

Matt O

Great alternatives for investors with generally low risks. App is very easy to use and track investments. Very happy with both of my investments this far. Would like to see more opportunities for double digit returns.

3 days ago, Asvvv

Do not invest here!!

Can’t get my money out. Their customer service is nonexistent and will keep giving you the run around when they do respond. They said they send my money to my bank account but didn’t receive. Will be calling the better business bureau. Stay away!!

3 years ago, ValR2

Decent service and app

The app is generally nice. It has a few small bugs that require it to be force killed and restarted.

2 years ago, Nikzav

Love this app

The signup process was quick and smooth. A lot of options to invest in.

3 years ago, Tglockler

Investing at Your Fingertips

Great variety of alternative investments. Excellent communication from Yieldstreet on the investments as well. Highly recommend Yieldstreet.

4 years ago, fbear74

Great App

The app makes monitoring your investments, track and collect interest and dividends and make new investments very easily.

4 years ago, liketoreviewforothers

Unusable

The interface on my iPhone, has a white area that overshadows the whole complete app. I sent an email to your street about this did several reinstalled and still bad. I will rewrite them again and email them and see if they can do anything about it but right now it’s unusable on my iPhone

4 years ago, Sun Chou

Can’t open app

I’ve had the app downloaded on my phone for a couple years. I again decided to go into the app, but it wouldn’t open. I then deleted the app completely off my phone and redownloaded it. Again, app won’t open. Did this process one more time and still the same thing. I CANNOT open the app.

5 years ago, Kubhera

Ease of use

The App is a one stop dashboard to experience everything about your YieldStreet account including reviewing & investing in new offerings.

3 years ago, martinez1243

Is a good platform to invest your mon I encourage you to invest and make good money Any problem just call the company

4 years ago, Der Scharfrichter

Great app

No bugs or glitches, super quick & handy, while feeling secure 👍🏽

3 years ago, tianyi cheng

Cannot invest

I submitted documents required for accredited investor and it kept rejecting without telling me why. I end up with withdrawing all fund because I cannot make investments. The custom service is lacking as I cannot get a real person to address/clarify the issue.

2 years ago, JLR Struggling

Jlr

Like app but, every time I log in it wants me to reset up my pin and Touch ID. Kind of annoying. Also, not as flexible as logging in to website.

4 years ago, Superbrian2010

Can not complete setup without using the website.

I was unable to link my Wells Fargo accounts because the app says all accounts were already linked. I spent several days tinkering with it and finally decided to try the website which worked.

1 month ago, Jjjeeeere111

Would not invest again

I had 2/2 investments default. Will take years to get any money out (if any at all) They will never see another penny from me. Also horrible customer service. Putting 5 stars so this is visible

4 years ago, bmb516

App crashes

Doesn’t automatically integrate with some of my accounts which require manual authentication on a daily basis. Also the app no longer works at all for me on my iPhone. Crashes immediately upon launch.

6 years ago, Cwhit547

Yieldstreet

The app is kinda new but looks like it’ll be pretty handy once it’s more developed. Wish the yieldstreet wallet was attached with the app, but I’m sure that will happen eventually.

Description

Yieldstreet is unlocking access to alternative investments traditionally reserved for the 1%. Power your portfolio with diversification, thanks to unique access to Private Equity, Venture Capital and Crypto funds, Art, Commercial, Consumer, Legal, Real Estate finance and more. Yieldstreet’s investment team partners with industry-leading specialists to assess and evaluate every investment offered. The numbers that matter to you: Over $4+ billion funded on Yieldstreet Over $2 billion in principal and interest paid back 250+ fully repaid deals 9.7% net annualized return (excluding Short Term Notes offerings) Data as of April 5, 2023 The internal rate of return ("IRR") represents an average net realized IRR with respect to all matured investments, excl. Short Term Notes offerings, weighted by the size of each investment, made by private investment vehicles managed by YieldStreet Management, LLC from July 1, 2015, after deduction of management fees and other expenses charged to investments. Realize your next level with Yieldstreet: + Funds & individual offerings Access funds from renowned third parties and exclusive offerings in Art, Commercial, Consumer, Legal, Real estate and more, at lower minimums. Power your income and growth strategies. Our Growth & Income REIT Fund is open to all investors* and the minimum investment is $10,000. + Yieldstreet Prism Fund The Prism Fund is an income-generating product that can contribute to diversify your investment portfolio. With a single allocation, the Fund allows you to invest across multiple asset classes for a low minimum. The Prism Fund is open to all investors* and the minimum investment is $10,000. + Yieldstreet Wallet Keep the cash you intend to invest in a FDIC-insured Wallet and earn a 3.25% interest rate. + IRAs Open a Yieldstreet IRA (Traditional and Roth) to take advantage of seamless tax-efficient investing on our platform. *Please Note: The Prism Fund and the REIT Fund are open to all investors excl. in NE and ND. However, due to SEC regulations, most other investments are open only to accredited investors. Ready to invest? Learn more at yieldstreet.com Questions? Reach out anytime at [email protected]. DISCLAIMER Yieldstreet Management, LLC is an SEC registered investment adviser. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Past performance is not a guarantee of future results. Before investing, consider your investment objectives and Yieldstreet's charges and expenses. Not an offer, solicitation of an offer, or advice to buy or sell securities. All images and return figures shown are for illustrative purposes only, and are not actual customer or model returns. Visit Yieldstreet.com for more information. For the avoidance of doubt, the Yieldstreet Prism Fund (the “Fund”) is a non-diversified closed-end fund for purposes of the Investment Company Act of 1940, as amended (“40 Act”), and is therefore not a 40 Act “diversified” product. 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 Fund is not offered for sale in Nebraska and North Dakota at this time.