The 6 Best Self-Directed IRA Companies
Introduction
A self-directed IRA (Individual Retirement Account) allows investors to diversify their retirement portfolios beyond traditional stocks, bonds, and mutual funds by investing in alternative assets such as real estate, precious metals, and private businesses. Choosing the right self-directed IRA company can make a significant difference in maximizing your investment returns and protecting your funds. Here, we present the six best self-directed IRA companies to help you take control of your retirement planning.
1. Equity Trust Company
Equity Trust Company is an industry leader with over 40 years of experience in providing self-directed IRA services. They offer a wide range of investment options, including real estate, private lending, tax liens, and more. With their user-friendly online platform, myEQUITY, managing your investments becomes seamless and transparent.
2. Entrust Group
Entrust Group is well-known for its specialization in self-directed IRAs and its commitment to financial education. They provide excellent customer support with a personalized approach along with access to an extensive network of educational resources. Entrust Group offers numerous investment options like real estate, precious metals, LLCs (Limited Liability Companies), and more.
3. Millennium Trust Company
Millennium Trust Company is another leading self-directed IRA provider with a solid reputation for excellent customer service and an easy-to-use online portal. They provide access to a wide variety of alternative assets like real estate, private equity, hedge funds, marketplace loans, and others.
4. Broad Financial
Broad Financial takes pride in offering a truly turnkey self-directed IRA solution with no transaction fees, simplified paperwork process, and checkbook control for faster investment speed. They provide a wide array of investment opportunities such as rental properties, private placements, promissory notes and more.
5. New Direction Trust Company
New Direction Trust Company offers comprehensive services for managing your self-directed IRA account efficiently. They offer a wide range of investment options, including real estate, precious metals, and private placements. Their user-friendly client portal allows you to manage your account and stay updated on your investments 24/7.
6. Advanta IRA
Advanta IRA is committed to providing its clients with personalized service and educational resources to make informed decisions about their self-directed retirement accounts. They offer a variety of investment options like real estate, private lending, and crowdfunding opportunities. Advanta’s easy-to-use online platform enables hassle-free management of your investment portfolio.
Conclusion
Each of these self-directed IRA companies offers distinct advantages, catering to different investor needs. When selecting the best company for your circumstances, consider factors such as fees, customer service quality, and investment flexibility. Remember that choosing the right self-directed IRA partner can not only help you diversify your investment portfolio but also significantly impact your long-term financial success.