Fort Myers, FL (PRWEB) January 05, 2016
Midland IRA is proud to announce that AdvantaIRA Trust has merged with Midland IRA Inc. of Chicago, Illinois.
Over the last eight years, the owners of Midland IRA have been operating two self-directed IRA companies: AdvantaIRA Trust in Fort Myers and Midland IRA in downtown Chicago. They have decided to merge the companies. Effective January 1, 2016, the two companies will merge and begin operating under the name Midland IRA, Inc. Midland IRA specializes in self-directed IRA administration, specifically alternative investments including real estate, private notes, and LLCs, as well as 1031 exchanges. Offices for the tax-saving investment firm will be in Fort Myers, Gainesville, Chicago, and Boston. Self-directed retirement plans offer investors the opportunity to control their IRA investments. A 1031 exchange allows real estate investors to defer taxes outside of a retirement account.
The new Midland IRA will administer over $1.1 billion dollars in self-directed IRA assets and boasts over 40 employees with over 10,000 clients nationwide. Additionally, the website has been enhanced with a fresh new look, updated features and more content. Dave Owens, CPA, CES® will continue as the company president and chief executive officer. Brandon Stith will assume the duties of chief operating officer.
For further information about the Midland IRA contact Dave Owens, visit the company's website at http://www.midlandira.com, or call (239)-333-1031 in Fort Myers and (312) 235-0300 in Chicago.