Asset Exchange Strategies, LLC and (NAFEP) Partner to Provide Financial Advisors Ability to Help Clients Invest in Alternative Assets with an IRS Compliant IRA-LLC
Premier IV ICO (TM) gives NAFEP members ability to offer greater diversification, provide access to real estate and other high net worth investments with solid backing of industry experts.
Austin, TX and Salt Lake City, UT (PRWEB) March 7, 2006 -- Asset Exchange Strategies, LLC, the leading self-directed IRA advisory firm enabling investors to invest in real estate and other non-traditional assets with an IRA, and the National Association of Financial and Estate Planning (NAFEP) today announced an agreement making Asset Exchange the exclusive advisory firm and master distributor of self-directed IRAs to NAFEP’s 1,200 Certified Estate Advisor (CEA) members through its Premier IV IRA-LLC product.
As a result of the arrangement, Asset Exchange Strategies the foremost provider of Self Directed IRA LLCs will work directly with NAFEP certified financial planners, securities reps, insurance agents, attorneys, CPAs and others across the country to enable their clients to purchase real estate, notes, tax liens, private stock and other non-traditional assets with their IRAs, addressing growing demand and further expanding Asset Exchange’s market reach.
“As the nation’s largest, premiere estate planning service and the most recommended for tax strategies and estate plans, we see this announcement as a major milestone for our CEA and financial advisor members, who will now be able to offer clients a wider range of tax-deferred alternative investing solutions,” said Scott Janko, vice president of NAFEP. “With the backing of the leader in this space, Asset Exchange Strategies, we have been careful to structure the Premier IV ICOTM to provide an advantage -- with the greatest control for advisors and clients and the utmost in security through NAFEP.”
Drawing from its vast industry knowledge and experience in providing IRA LLCs, Asset Exchange Strategies will advise CEAs and other financial professionals on the validity and structure of agreements, ensuring compliance with IRS regulations, and will serve as the interface to help clients to open their self directed IRA account and facilitate the fund transfer to the new account. Helping to create a seamless, behind-the-scenes process for CEAs, the firm will also interface with NAFEP for preparation of legal documents.
Additionally, the service will be backed by an unprecedented option of up to $25,000 tax attorney warrantee from NAFEP for attorney fees, should the validity of assets be questioned by the IRS.
“Since we started based on consumer demand five years ago, we have noticed a huge surge in the number of investors wanting to explore alternative investments and other options,” said Daniel Cordoba, CEA and principal, Asset Exchange Strategies. “We are happy to bring our knowledge to this package and make it available through an IRS compliant IRA LLC to provide greater freedom to CEAs and investors in making transactions and protection for the investment itself. With the added backing of a leader like NAFEP, advisors and investors are receiving a distinct strategic advantage.”
Investing and purchasing alternative assets through an IRA has been growing in popularity, due to the added tax benefits and greater diversification it can provide, since the increasing uncertainty of the stock market in 2000. Alternative investments (barring insurance contracts and certain collectibles) are within IRS guidelines so long as specific regulations, of which Asset Exchange Strategies specializes in, are met.
As part of the agreement, Asset Exchange Strategies will provide training to CEAs on self directed IRA regulations and on strategies for putting real estate and other non-traditional assets in an IRA, through its “Six Steps to Success” online, educational programs and marketing through an IRA LLC Web Page. Daniel Cordoba will also serve as an advisory board member on NAFEP.
About Asset Exchange Strategies, LLC
Asset Exchange Strategies advises clients on self directed IRA rules and how to buy real estate and other non-traditional assets with IRAs, 401Ks, SEPs, and other retirement programs to obtain greater control over investment options while earning tax favorable growth that IRAs enable, offering complete support, advice and reporting for investment transactions. Similar to a traditional financial advisor, Asset Exchange Strategies works with investors to assess their unique objectives, risk tolerance and other factors, educate them on options and institute a program that allows them to select from a much greater breadth of investment choices. Using their knowledge of industry regulations, Asset Exchange Strategies is able to provide lower fees and greatly expanded investment options. They also enable investors to have greater control over IRA investment transactions and reduce investor risks and liability through the protection of a Self-Directed IRA LLC that offers investors direct management and checkbook control of their retirement funds. Asset Exchange Strategies is online at http://www.MyRealEstateIRA.com.
About NAFEP
NAFEP is a privately held, for profit organization based in Salt Lake City, Utah. The company was formally launched on April 15, 1993. The original founder, Mike Janko, is President and Executive Director. NAFEP's® Board of Directors and separate Advisory Board (see links below) contribute significant legal, estate, tax and business planning expertise to the organization. The primary business of NAFEP is two fold:
1. Provision of estate planning consultation and documents through a nationwide network of professional sales associates
2. A training and certification program for professionals known as Certified Estate Advisor®(CEA®). NAFEP professional sales associates are either attorneys, CPAs or financial planners who have completed the CEA®.
NAFEP has developed an array of both standard and sophisticated estate planning services which sales associates and CEAs (members) provide to their clients. The organization provides significant education, support and materials to its professional member network. In a typical case, a prospective estate planning client and a NAFEP member explore the client’s estate planning needs. The member, using NAFEP training, information and consulting, assists the client in appropriate estate plan selection. The member and client then use a NAFEP application to collect the necessary information for that client’s estate plan. In this process, the client retains a NAFEP trained attorney to handle the plan’s document creation. All legal documents are produced by the NAFEP attorney at the home office. The completed document package is shipped to the professional member who, with assistance of appropriate legal professionals, leads the client through execution and funding of the program. NAFEP is noted for its first class educational programs in estate planning. The Certified Estate Advisor® (CEA®) training and curriculum is recognized for continuing education credits by many states around the U.S. and by the Certified Financial Planner (CFP™) Board of Standards. Many broker-dealers recognize and promote the designation as well. To obtain the certification, qualified professionals go through a NAFEP developed course, in which they receive in-depth training in estate planning, and then take the CEA® exam. Other NAFEP training and continuing education courses are provided to these professionals via NAFEP publications and at training conferences. http://www.nafep.com
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