IRA Financial Trust clients will benefit from the experience and security of knowing that all rollover and IRA contributions made to a Self-Directed IRA account with IRA Financial Trust will be held at Northern Trust Company before the client then directs them for investment.
IRA Financial Trust is a non banking IRA Trust Company that is responsible for administering your Self-Directed IRA account. IRA Financial Trust’s client’s IRA assets will be held with Northern Trust, providing it with FDIC protection up to $250,000.
Northern Trust first opened its doors for business in 1889. Northern Trust (Nasdaq:NTRS) is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking solutions to corporations, institutions and affluent individuals. For over 125 years, the bank has evolved with the changing needs of their clients and our world.
As of September 30, 2015, Northern Trust Corporation had:
• $120 billion in banking assets
• $6.0 trillion in assets under custody
• $887 billion in assets under management
Establish a Self-Directed IRA account with IRA Financial Trust with the knowledge that your funds will be held with Northern Trust, one of the oldest and most respected banks in the country, before being directed for investment. Northern Trust has established procedures to provide consumer protections, meet regulatory requirements and manage the servicing of your accounts. Once the IRA funds held at Northern Trust are ready for investment, the client will direct IRA Financial Trust to invest the IRA funds held with Northern Trust for investment through an LLC or directly into the asset being purchased.
Assets Held With IRA Financial Trust Are FDIC Insured
IRA Financial Trust Company will provide non-discretionary, non-banking trust services and administration services for Self-Directed Traditional IRAs, Roth IRAs, SIMPLE IRA Accounts, and SEP IRA Accounts, focused on allowing participants within those accounts to invest in traditional as well as alternative asset investments, such as private LLCs and real estate. As a non-banking IRA custodian, IRA Financial Trust client’s assets are held with Northern Trust to offer all IRA Financial Trust IRA clients with FDIC banking protection for up to $250,000 of funds held at the institution. IRA Financial Trust will handle all IRS and required administration related to the Self-Directed IRA account and Northern Trust will provide all banking and custodial account functions involving the IRA account until the funds have been directed for investment either via a Checkbook Control IRA LLC structure or directly into another asset.
Northern Trust Corporation is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region.
Work with IRA Financial Trust to establish your Self-Directed IRA or Checkbook IRA account today!