Self-Directed IRA Services (Horizon Bank) is one of the industry-leading custodians and account administrators for both small businesses and individual investors. Better known Horizon Bank (since 1905 in Austin, Texas) established this firm back in 2008 as their wholly-owned subsidiary. This group prides itself on its wide variety of both alternative and traditional asset class investment choices which include the full range of precious metals. They partner with a large number of the top rated 2020 bullion dealers and Gold IRA firms.
Self Directed IRA Services (Horizon Bank) is ranked #4 on our list of the top 10 IRA custodians of 2020. In the following review, we’ll discuss this custodian’s business background, management, reputation, products/services, and their fees for a precious metals IRA.
Self Directed IRA Services (www.sdiraservices.com) is an industry-leader in custodial and administrative account services for individual investors and small businesses. The company was founded in 2008 as a wholly-owned subsidiary of the more established Horizon Bank, which was founded in 1905 and is based in Austin, Texas. As a large provider of individual retirement accounts (IRAs), they specialize in letting clients invest in a broad range of traditional and alternative investments within IRAs, including precious metals. This custodian is partnered with many of the top bullion dealers and Gold IRA companies of 2020.
Self Directed IRA Services has a management staff of more than 15 professionals in business development, client services, operations, and accounting. Their Client Relations Manager is Margaret McVan, while the company's leading precious metals IRA specialist is Susan Swanson. Not much else is listed about the management staff on their official website.
Self Directed IRA Services is one of the few IRA custodians that charges a flat-rate annual fee for both account administration and storage. Clients can sign up for commingled storage at Delaware Depository or Brinks Global for the flat-rate fee of $100 per year. However, there's also an option for segregated storage at the sliding scale rate of $1.60 per $1,000 worth of gold held in the account (so a segregated storage account with $100,000 worth of gold in it would cost $160 per year, plus the annual administration fee). See the following screenshots from their official fee schedule to learn more about their account pricing:
To learn more about Self Directed IRA Services' fees for a precious metals IRA, see their complete fee schedule.
The general consensus is that investors should be looking to allocate about 5%-20% of their overall retirement portfolio towards precious metals. This portion of your portfolio is intended to fulfill two primary purposes – its acts as a rather predicable and effective hedge against inflation (when the inflated dollar's value decreases, the value of gold typically rises,) and it provides the opportunity to boost the value of your retirement savings multiple times over in the event of another recession or depression (which could dramatically increase the demand for and price of gold).
What does all this ultimately mean? It means you should be extra careful about how you invest that seemingly small portion of your portfolio, as it could wind up becoming the most important investment you can make for your retirement in the long-term.
Fortunately, we've made it easy for anyone to conduct their own research and compare the leading Gold IRA companies and top IRA custodians. Our guides and comparison charts provide convenient resources from which to research how Gold IRAs work and which companies are the most trusted and cost-effective service providers and bullion dealers.
If you're an owner, representative, or associate of Self Directed IRA Services and you've found any of the details in this review to be erroneous, misleading, or outdated, please do contact us with your concerns. With the intent of providing the most accurate reviews on an ongoing basis, we will gladly revise or remove any content that is outdated or incorrect.
While building this year's list of the top 10 IRA custodians, we considered a total of 37 different companies before narrowing down the candidates presented in the finalized custodian comparison table. We've made it easy for anyone to conduct their own research regarding the history, features, reputations, and fees of the leading precious metals IRA custodians. Each company has been thoroughly researched and ranked based on the following factors:
Equity Institutional partners with bullion dealers, brokers, investment firms, and Gold IRA companies like Regal Assets to bring individual retirement investors cost-effective, streamlined access to precious metals IRAs. While it is possible to setup an account with Equity Institutional directly as an individual, there are numerous benefits associated with opening your account through Regal Assets, including:
If you'd like to learn more about the advantages of opening an Equity Institutional precious metals IRA through Regal Assets, see the full review of Regal Assets. You can also access Regal Assets highly informative investor's education kit that teaches you everything you need to know about investing in a Gold IRA by filling out the simple form below. Even if you don't plan on investing any funds right now, we strongly recommend you consider the content presented in their FREE information kit before making an investment decision in the preciou
Unsure about which Gold IRA company to choose? Let us match you based on your situation and objectives by taking this 1 minute quiz:
Self-Directed IRA Services (Horizon Bank) is one of the industry-leading custodians and account administrators for both small businesses and individual investors. Better known Horizon Bank (since 1905 in Austin, Texas) established this firm back in 2008 as their wholly-owned subsidiary. This group prides itself on its wide variety of both alternative and traditional asset class investment choices which include the full range of precious metals. They partner with a large number of the top rated 2020 bullion dealers and Gold IRA firms.
No Comments