Self-Directed Retirement Plan Administrator Reverses Layoff Trend and Adds To National Sales Force

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Unemployed financial professionals may find the perfect fit with national self-directed retirement plan administrator. While estimates of large and prolonged job losses in the financial industry are looming, Security Trust Company is looking to to expand their sales force. Could this be the answer these unemployed professionals are searching for?

Seasoned financial and transactional professionals with established networks are a natural fit for the self-directed retirement plan industry. Out of work brokers, bankers and real estate professionals immediately connect with our industry. They love the opportunity to work with sophisticated investors and help them explore virtually any asset for inclusion in their retirement account.

Today's bear market has translated into mass unemployment in the Financial Services industry. With the recent employment outlook clouding the financial industry, new estimates indicate that New York alone faces a large and prolonged loss of jobs, a 25 percent-plus decline in aggregate compensation, or both.

At a time when the traditional broker and banking industries are victims of the current financial meltdown, the self-directed retirement plan industry is experiencing an influx of active investors looking to take control of their retirement portfolios by investing their monies in non-traditional assets such as real estate, tax liens, promissory notes and operating businesses.

Security Trust Company (STC), a national self-directed retirement plan administrator, is actively hiring. "STC has never been busier and we are looking to expand our sales force," says Jennifer Davis, Director of Sales & Marketing for STC. "Seasoned financial and transactional professionals with established networks are a natural fit for the self-directed retirement plan industry. Out of work brokers, bankers and real estate professionals immediately connect with our industry. They love the opportunity to work with sophisticated investors and help them explore virtually any asset for inclusion in their retirement account."

According to Mick Hersh, STC's Chief Operating Officer, "While it is not unusual to see employment in a brokerage firm fluctuate by as much as 50% between market peaks and troughs, the seismic shift to self-directed retirement accounts has enabled Security Trust Company to add staff consistently. And with new and exciting self-directed products on the market, such as self-directed corporate 401(k) Plans, STC has expansion plans well into the next decade."

Security Trust Company Security Trust Company's Corporate Headquarters is located in Hagerstown, Maryland and the company is actively recruiting Field Representation across the United States. Interested parties may contact Jennifer Davis, Director of Sales & Marketing, at the Corporate Headquarters.

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