myDirection.com is changing the way investors use their IRAs to buy real estate, precious metals and more
Louisville, CO (PRWEB) December 19, 2013
New Direction IRA (NDIRA) announced today that use of its industry-best technology by clients had grown significantly in the first year this technology was available to IRA investors.
In less than just a year since unveiling myDirection®, one out of every six or seven clients are now logging on to fund transactions, view account activity, request payments and more. Clay Malcolm, NDIRA Director of Business Development, estimates that client calls for account information and certain transactions has decreased by 50 percent since January.
The number of account bills paid online via myDirection® has increased every month since January—and about 36 percent in November. That number figures to increase as more clients work with the portal and new clients come to NDIRA exclusively for their technology.
NDIRA CEO Bill Humphrey said the emphasis on technology was spurred by client requests to expedite transaction times and desire to see their current account information any time.
“Our myDirection® online client portal sets us apart from other self-directed IRA providers,” Humphrey said. “We can now offer clients—and advisors, dealers and realtors—quicker transactions, customizable information portals, 24/7 access and more.”
"Many clients want more immediate control of their accounts, particularly on payment of bills related to real estate--this technology enables them to have it for free," Humphrey added.
Indeed NDIRA, as an IRA custodial* and administrative services clearing house, has implemented several technological upgrades outside of myDirection® that ensures easier, quicker and more accurate investment procedures than other IRA providers can offer.
For instance, real estate investors with NDIRA can collect rent checks, manage accounts and see a history of transactions online. Metals investors can send funds, exchange one metal for like value of another metal, and metals dealers can organize and manage all their IRA clients with a customizable NDIRA dealer portal.
And any investor can open a self-directed IRA account online.
“More and more metals dealers, realtors, advisors and investors are turning to us because our technological provides them valuable tools: time and flexibility,” Humphrey said. “We’re making it easy to use an IRA to invest in assets that investors feel they know and trust.”
The company is planning further technological upgrades to both myDirection® and the website, Humphrey said—look for more features in the coming months.
NDIRA also provides extensive educational resources on its website, http://www.newdirectionira.com. You can also check in with an IRA expert via webinar, live workshop or by calling a client representative to discuss your retirement strategy.
For a full list of events or for more information about the technology used at NDIRA, visit http://www.newdirectionira.com.
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New Direction IRA is a trusted provider of investor education and record keeping services for self-directed IRA and precious metals IRA holders. Since its inception in 2003, New Direction IRA has been at the forefront of the self-directed retirement investment market. The company enables individual investors to take control of and diversify their tax-advantaged retirement funds using alternative asset opportunities such as real estate, precious metals, LLCs, notes and lending, and more. Headquartered in Louisville, Colorado, New Direction IRA administers more than $640M in assets on behalf of over 8,300 account holders. Visit the website at http://www.newdirectionira.com.
*Physical custody and administrative oversight is provided by First Trust Company of Onaga, in Kansas. Regulatory account oversight comes from the Office of the State Bank Commissioner of Kansas.
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