Bryan Ellis, CEO of Self-Directed Investor Society, has just written an article published on Forbes.com that addresses threat to the conventional financial industry represented by Self-Directed IRA’s. The article, titled “Self-Directed IRA’s are Risky, But For Whom?“, discusses some of the reasons self-directed IRA’s are cited as being “risky” by conventional financial professionals, along with Ellis’ thorough debunking of such claims.
“As exposed in the article, conventional financial professionals are making a strong effort disparage self-directed IRA’s and the entire self-directed retirement industry. Fortunately, both the law and the courts disprove their claims,” said Ellis.
Self-Directed IRA Industry Is Booming
Despite the attempts by the conventional financial industry to cast a negative shadow over Americans who choose to invest their retirement savings in assets other than stocks and mutual funds, the self-directed IRA industry is experiencing a substantive long-term boom.
Ellis’ article cites the example of Pensco Trust Company, which has increased its client base by 17% and increased its assets under custodianship by 40% in just a bit more than the past year. Similarly, Advanta IRA has grown its customer base and assets under custodianship by 49% and 124%, respectively, during the past 5 years.
Founded in 2014, Self-Directed Investor Society is America’s leading private association for alternative asset investors, including real estate, precious metals and private businesses. SDI Society offers a range of training and services designed to help individual investors find, understand and profit from extraordinary alternative investment.