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Harnessing the Power of User Reviews in Choosing Your Self-Directed IRA Custodian

June 5, 2024

Written By: Daniel Gleich

Key Points 

  • You can grow your retirement savings through a variety of alternative assets with a Self-Directed IRA (SDIRA).
  • There are many SDIRA custodians in the industry so it’s considered best practice to shop around and explore all your options.
  • As you compare SDIRA companies, it may be beneficial to seek out customer reviews on trustworthy sites, such as Google, Shopper Approved, and the Better Business Bureau.
https://www.youtube.com/watch?v=8qRLQpJt83Q

Are you interested in diversifying your retirement savings? If so, a Self-Directed IRA is worth exploring. It allows you to invest beyond Wall Street products in alternative assets, like real estate, precious metals, startups, private businesses, and more. 

Fortunately, there are a number of companies that offer SDIRAs,known as Self-Directed IRA custodians. One of the best ways to choose the best one for your unique situation is to read user reviews. Below, we’ll dive deeper into what an SDIRA is and how reviews can help you hone in on the right SDIRA platform.

What is a Self-Directed IRA?

Firstly, let’s go over what an SDIRA is and how it works. Similar to a standard IRA, an SDIRA is a tax-advantaged retirement savings account. Once you transfer, roll over, or contribute funds to it, you can grow your retirement wealth through investments. Unlike a standard IRA, however, an SDIRA opens the doors to alternative investments. You can enjoy the flexibility of investing in a variety of alternative assets you’re either passionate about or very familiar with.

happy customer shaking hands with self-directed IRA custodian

Why Reviews Matter When Choosing a Self-Directed IRA Custodian

If you do some research, you’ll find a number of companies that offer SDIRAs to those who would like the flexibility of investing in alternative assets they know and love. While you can learn a lot about them on their websites, reviews from current and former account holders can give you a good idea of their reputation.

By taking the time to read reviews on trustworthy websites, you’ll also understand each company’s strengths and weaknesses. You can choose to use this information to narrow down your options and eventually select the right custodian for your unique needs and preferences.

Madison Trust’s Client Reviews 

Madison Trust, which has been around since 2014, is known as an industry-leading SDIRA custodian. While our website has a great deal of information on SDIRAs and how we work, we believe our client reviews are far more telling. In addition to our A+ rating on the Better Business Bureau (BBB), we have thousands of reviews on reputable review platforms, including Google, Facebook, Yelp, and ShopperApproved.

We encourage you to read our reviews to learn more about how our customers perceive us and what you can expect if you decide to open an SDIRA with us. You’ll find a number of trends, such as an easy setup process, extensive industry knowledge, exceptional customer service, and low fees. 

Here are several examples of reviews that convey what it’s like to work with Madison Trust:

A pleased Madison Trust customer explains her success with utilizing a Self-Directed IRA.

A longtime customer admires the continuous effort and support he experiences with Madison Trust and their knowledge on Self-Directed IRAs.
This reviewer comments on the courteous and compassionate nature of our support team when handling Self-Directed IRA inquiries.

The Madison Trust Advantage

If you’re interested in investing for retirement with an SDIRA, Madison Trust is here to help!

Extensive Industry Knowledge

Madison Trust Self-Directed IRA Specialists smiling and pointing to one of our company values "Collaborating - We work as a team and communicate as a team."

Our retirement specialists complete rigorous CISP training and have a deep understanding of a variety of alternative asset classes. Get the info you need to make the most informed decisions.

Unparalleled Client Support

At Madison Trust, your success in retirement is our top priority. We encourage you to reach out at any time for live assistance. 

Straightforward Fees

With our transparent, flat rate fee structure, you are never charged fees that are based on the value of your account. Now you never have to pay more for being successful.

Easy Setup Process

We make it a breeze to set up an SDIRA. Once you complete our online application and fund your account, you instruct Madison Trust to issue a check or wire directly to the investment of your choice.

Start Your Self-Directed IRA Journey Today

If you’ve read our reviews and want to move forward with investing in alternative assets through a Self-Directed IRA or would like more information, schedule a discovery call with Madison Trust. We look forward to hearing from you!


Disclaimer: All of the information contained on our website is a general discussion for informational purposes only. Madison Trust Company does not provide legal, tax or investment advice. Nothing of the foregoing, or of any other written, electronic, or oral statement or communication by Madison Trust Company or its representatives, is intended to be, or may be relayed as, legal, tax, investment advice, statements, opinions, or predictions. Prior to making any investment decisions, please consult with the appropriate legal, tax, and investment professionals for advice.

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