Silverstone Forms An Alliance with Private Equity Investment Firms for Placement of Self-Directed IRA Funds
Partnerships that will open the doorway to individual invests in private equity deals with self-directed IRAs and other checkbook accounts.
Online, May 21, 2013 (Newswire.com) - A provider of self-directed IRAs and other checkbook retirement accounts, SilverStone.net, is continually looking for opportunities to connect the retirees/investors with the businesses and private businesses. The company is continually looking to accomplish this by building relationships with private equity firms and real estate management companies, and then connecting the dots to introduce the investors to the fundraisers.
One of SilverStone's longest standing relationships is with Deal Capital and ACT Capital Advisors. These are two private investment banks that specialize in the mergers and acquisitions industry; these companies help business owners the sell Seattle businesses. These firms are continually looking to sell businesses from the baby boomer generation and other entrepreneurs looking for an exit strategy to the raising generation of business owners and investors. Many of the investors that come to Deal Capital and ACT Capital Advisors are looking for investors to assist in the acquisition funding of the various businesses represented. This is sometimes done through the funds of IRAs.
Additionally, most of SilverStone's clients are investors that are interested in pursuing investments in real estate with the Self Directed IRA accounts. This is why the firm has begun building relationships with management firms that specialize in preparing investments in apartment building and commercial real estate. One of SilverStone's most recent relationships is a firm that brings deals on the mentioned properties and raises the funds to purchase the property. After the property is acquired the firm assumes the management of the property so the investors do not have to. The purpose of this is to avoid any prohibited transactions with an IRA that may arise from an IRA holder getting too involved with the assets of the IRA.
Many people do not realize that there are ways to invest in real estate with an IRA apart from a REIT (Real Estate Investment Trust). However, with the real estate IRA the account holder can obtain the checkbook control for investing of the account's funds. This means that much less time is spent on the paper work and other management that involves the custodian and more time is spent on the research for proper investments. Because of the limited time spent with the custodian fees for these types of accounts are also significantly less than with the traditional IRA structure.
About SilverStone
SilverStone recognizes that Social Security will probably be insufficient for the retiring baby boomer generation. The firm also believes there is much a retiree can do to prepare for retirement before that big day comes. One of the ways to take control of the future is for retirees to take control of the retirement funds. This is done through the checkbook IRAs that turn the investment control and power into the hands of the retiree. For more information on the company and self directed IRAs follow the appropriate links to the firm's website.
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Tags: Prohibited Transactions, real estate ira, self directed ira