The development of catalysts for stereospecific polymerization of 1,3-dienes is an area of interest due to the robust nature of poly(1,3-diene)s' physical and mechanical properties, as well as the material's versatility in many applications. Dialkyl rare earth metal complexes supported by a diverse cast of ligand frameworks are selective for the polymerization of 1,3-dienes and are an exciting option for examination. However, development in this area has been hampered by the focus on complex catalyst systems that are costly to make. In this study, we synthesize a series of simple homoleptic trialkyl rare earth metal precatalysts and highlight their efficacy for isoprene polymerization using 1 or 2 equiv of [Ph3C][B(C6F5)4] activator. We investigated the addition of commercially available in situ donors, leading to the identification of triphenylphosphine as an ideal support to enhance the dispersity control and prevent loss of catalyst activity. We demonstrated how the activation and reaction conditions, including the order/time of reagent addition and donor electronics, had a major impact on the rate, control, and selectivity for the polymerization of 1,3-dienes. Further interrogation of the catalyst system signals the crucial role of triphenylphosphine in providing enhanced stability and control in this living catalyst system.