Many of investors hold more than just publicly traded securities. Frequently, more and more ultra wealthy investors want to buy and hold these “alternative assets” in both their taxable AND retirement accounts. Alternative investments including venture capital, private deals and especially real estate require a unique and highly qualified and competent trustee and custodian to not only accommodate this need but deliver this service as a core competency.

Holding alternative assets in an IRA or 401(k) can be easy or complex depending on who you use as your custodian. Broker-dealers and banks that do not focus on this as a core competency should and do outsource to an expert in this field. There are many who claim to provide this service, but in our view, only a couple who do it well.

EverydayCPA partners with Kirk Chisholm, CEO Innovative Advisory Group (IAG) in Lexington, MA. Kirk’s team has conducted research in this market and have determined that there are three categories of alternative asset custody service providers for retirement assets. EverydayCPA and IAG have developed an integrated solution with a niche-focused trustee custodian that focuses on high-quality, high-touch, services for wealthy clients who are more interested in service and support and not low price.

We can help you with investment due diligence, asset custody, and asset accounting. We love real estate in retirement accounts too!

 

Contact: kelly@everydaycpa.com or kirk@innovativewealth.com