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Sponsors/Invest Direct Management
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Invest Direct Management

DST Sponsor · SEC filing history and documented Program outcomes

Website not on record
Sponsor status: dormant. No SEC filing since 2020.No SEC filing since 2020
Programs on record1
First filed2020
Active offerings0

Sponsor-reported, from SEC filings and cited sources.

1Record Card2Programs3Offerings4About
Record CardProgramsOfferingsAbout
On this sponsor record
  1. 1Record Card
  2. 2Programs
  3. 3Offerings
  4. 4About
  5. 5Next step
Chapter 1

What is on this sponsor’s record?

1 program on record; a record card needs 3.

The Programs remain public below while this sponsor builds enough filing history for a Record Card.

Chapter 2

Which Programs are on the record?

A Program is one filing-level offering record associated with this Sponsor. Results are public and stay next to their source.

ProgramSponsor-stated result
Invest Direct Storage I, DSTFirst filed 2020
Chapter 3

Active offerings

Active means the sponsor’s SEC filings show the offering still raising money. It does not confirm you can still buy in.

No active offerings are on record for this sponsor.

Chapter 4

Who is behind this record?

Invest Direct Management is the sponsor name attached to one tracked Delaware statutory trust program, Invest Direct Storage I, DST, which carries SEC Central Index Key 1829457 and a first filing year of 2020. An October 22, 2020 filing for that program names ID Management LLC and Wellings Capital Management LLC as executive officers and managers of the sponsor, with Matthew Ricciardella managing ID Management LLC and Paul Moore and Benjamin Kahle managing Wellings Capital Management LLC. Wellings Capital's investments page lists Invest Direct Storage I DST as a self-storage program pursuing tax deferral and income.

Sponsor-stated figures are as reported by the sponsor.Sources: Top1031 sponsor record · Wellings Capital · sec.gov

Tracked DST program

Invest Direct Management's tracked Delaware statutory trust activity consists of one program, Invest Direct Storage I, DST, which carries SEC Central Index Key 1829457 and a first filing year of 20201. Wellings Capital's investments page lists that program with an asset type of self-storage and a strategy of tax deferral and income2.

Management structure named in the 2020 filing

An October 22, 2020 SEC filing for the program names ID Management LLC and Wellings Capital Management LLC as executive officers and managers of the sponsor3. The same filing identifies Matthew Ricciardella as manager of ID Management LLC and Paul Moore and Benjamin Kahle as managers of Wellings Capital Management LLC3.

Show sources (3)Hide sources (3)
  • Top1031 sponsor record ↗
  • Wellings Capital ↗Sponsor disclosure
  • sec.gov ↗Public recordOct 22, 2020
Written from SEC filings and cited sources · Updated Aug 23, 2026
Chapter 5

What can I do next?

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Top1031 is a data and education platform, not a broker-dealer, investment adviser, tax advisor, law firm, qualified intermediary, or securities issuer.

Information is not advice or an offer to buy or sell securities. DSTs are illiquid private securities with substantial risks, including loss of principal.

Data may be incomplete or delayed, and Top1031 does not audit sponsor-reported figures. Sponsor Grades are editorial sponsor assessments, not offering ratings or recommendations.

Review the current Private Placement Memorandum and consult qualified professionals. Gated offering data is intended for users who self-attest that they are accredited investors.

Commercial relationships are not inputs in the Top1031 Grade method. Losses are counted only from court, county or sponsor-published records.

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