Willow Wealth

Willow Wealth is the platform formerly known as Yieldstreet, and its defining fact is the worst realized-loss record of any live platform in this category: a December 2025 CNBC investigation documented more than $208M in investor losses across 30 real estate deals, with a roughly 30% default rate. The October 22, 2025 rebrand also removed historical performance data from the site, an alarming transparency step. Consider it only for its new institutional fund shelf, and only with that history priced in. Typical fund minimums start at $5,000; the Carlyle, Goldman Sachs AM, and StepStone private credit funds (about $11.7B combined) require $10,000; Willow 360 managed portfolios require $25,000 (taxable) and charge a 1.25% flat advisory fee plus roughly 0.175% expenses. Embedded fund fees run roughly 1-4% depending on vehicle. The platform historically advertised 9-12% target IRRs (platform-reported). Most offerings require accreditation; the Alternative Income Fund (formerly Prism) was the non-accredited route. Terms run 1-5+ years and are mostly illiquid; evergreen funds have periodic redemption windows. Founded in 2015, with over $6B cumulatively invested and 500k+ members (platform-reported). The honest record: a September 2023 SEC settlement with a $1.9M penalty for failing to disclose risks on a $14.5M vessel-deconstruction deal, a $6.2M class-action settlement, and the $208M+ documented loss tally. The pivot under E*TRADE's former CEO Mitch Caplan (installed May 2025) toward brand-name institutional managers de-risks the product shelf, but legacy deals are still working out.