Use of Liquid Alts Growing in Self-Directed IRAs

A recent article at WealthManagement.com discussed that interest in self-directed IRAs is growing.  A few reasons for this are that more people have begun to accumulate sizeable assets in their retirement plans. and are looking to diversify their portfolios beyond stocks, bonds and mutual funds.  As such, there tends to be a greater appetite for alternative assets such as real estate, precious metals, commodities, limited liability corporations and hedge funds. A few comments contained within the article included the following:

Diversification is a big driving factor in why people want the different types of asset classes non-correlated to the stock market, and they can do that with a self-directed IRAs,” says Mary L. Mohr, executive director of the Retirement Industry Trust Association (RITA).

“Alternative investing is really exploding,” agrees T. Scott McCartan, CEO of Millennium Trust Company in Oakbrook, Ill.

The entire article, titled “Capital from Self-Directed IRAs Flows to Real Estate”, authored by Beth Matson Tieg can be read at Wealthmanagement.com.