"When financial advisors, realtors and other professionals know the advantages self-directed accounts offer, they are able to offer advice and knowledge to their clients that enable those clients to build maximum wealth in their retirement portfolios."
Largo, FL (PRWEB) May 31, 2013
Presently there are $5 trillion in investments in IRAs. Recent projections indicate that number is expected to grow over $8 trillion by 2017, according to a report by Cerulli Associates, a research firm based in Boston. However, approximately 5 percent of the current $5 trillion are self-directed funds. The majority is invested in more traditional assets like stocks, bonds, and mutual funds, as those are investments brokers typically recommend and sell. Investors that use self-directed IRAs take control over their own investments, which include many alternative investments such as precious metals, LLCs, private entities, foreign exchange—real estate—and more. The potential for boosting the gains of IRAs can increase when investors use self-directed IRAs to acquire assets that they know, understand, and can control.
What does this mean for realtors? "Investors require the services of real estate professionals to help them find the right property for their retirement portfolios, which presents an entirely new client base than simply the average individual purchasing a home. Self-directed IRAs can lead to more sales, which means more commissions," says Jack Callahan, Managing Partner at Advanta IRA Services.
Advanta IRA Services is hosting a three-hour, free continuing education class for realtors in June designed to empower real estate professionals in the knowledge of self-directed IRAs.
During this three-hour continuing education class, realtors learn the following:
- The basic types of retirement plans with a special emphasis on accounts that can benefit real estate professionals
- Prohibited transactions rules
- Types of investments that can be made with a self-directed IRA
- Review of numerous case studies to show how the process of buying real estate within an IRA works
Join Advanta IRA and learn the tremendous opportunity that self-directed IRA’s present for investors and how self-directed IRA’s can strengthen your client relationships and help increase your business. "When financial advisors, realtors and other professionals know the advantages self-directed accounts offer, they are able to offer advice and knowledge to their clients that enable those clients to build maximum wealth in their retirement portfolios," says Callahan.
Attendees receive three hours of continuing education credits. Advanta IRA does not charge a fee for members of the Pinellas Realtor Organization (PRO). There may be a nominal charge for non-members.
When: June 6, 2013, 9am-12pm
Where: PRO offices - 4590 Ulmerton Road, Clearwater, FL 33762
To register for this seminar, please visit the following link:
If you have any questions regarding the registration, please contact Jan Dean (with PRO) at jdean(at)tampabayrealtor(dot)com.
About Advanta IRA Services, LLC
Advanta IRA Services specializes in the administration of self-directed IRAs. Self-directed accounts allow investors to choose their own investments based on their knowledge of investment vehicles instead of relying on third parties to make investment decisions for them. Advanta IRA is committed to educating clients in using self-directed IRAs to invest in alternative investments. In pursuit of diversity and control of their own retirement funds, clients invest in a variety of real estate assets including rental properties, rehabs and raw land. Other investors use their IRAs as private lenders, securing loans with a mortgage, or to invest in assets such as tax options and tax liens.
Advanta IRA is committed to providing educational tools for real estate and other professionals to assist in their endeavor to become informational powerhouses for clients, many of who are investors.