Self-Directed IRA Custodians Are Not Created Equal

This is a follow-up post to my blog post from yesterday regarding Self-Directed IRAs and selecting the most appropriate IRA Custodian for your Self-Directed IRA (SDIRA). There are very Self-Directed IRA Custodians on a national basis that are truly and completely Self-Directed IRA Custodians. 

Service Level is Critical 

One of the most important elements of being a really good Self-Directed IRA Custodian is the level of expertise, experience and service provided by the IRA Custodian in the asset classes that you are considering for investment. There are many IRA Custodian that know how to administer a Self-Directed IRA and know how to run a trust company operation, but there are few that have extensive expertise and experience in the real estate world. 

Choose Your Investment Class 

The first thing that you need to do is determine what you are interested in investing in.  Are you looking to invest in real estate?  Perhaps cryptocurrencies?  Perhaps something else.  You need to decide what is important to you and what your investment goals and objectives are.  Once you have determined what your target investment objectives are you will be ready to begin interviewing IRA Custodians to ensure that you select one with the necessary experience and expertise that you need.