Entrust California’s Los Angeles office announced record high sales last month, making August 2010 the local branch’s biggest month for sales to date. Entrust California is a premier provider of account administration services for self-directed IRAs and 401ks.
Sales are up 50% from 2009 at Entrust’s Los Angeles office, despite the persistent and unsettling economic environment. This may be due in part to the fact that many investors are looking for ways to better protect their retirement savings from the instability in the stock market. Self-directed IRAs allow a much broader range of investments, in addition to the more traditional stocks, bonds and mutual funds, enabling investors to take a more hands-on approach with their retirement funds.
“More and more individuals are turning away from traditional investments and recognizing alternative investments as a viable option for their retirement plans,” says Munzer Ghosheh, Los Angeles Business Development Manager. “Low interest rates and volatility in the market have investors searching for other ways to preserve and grow retirement savings.”
In an effort to educate investors about the flexibility and freedom self-directed IRAs can provide, Ghosheh holds free educational presentations every month. These presentations focus on some of the ways self-directed IRAs can be diversified into alternative investments like real estate, futures, LLCs and deeds of trust. For more information about these events and others like it, please visit the Entrust California website.
For more than 28 years, Entrust (entrustcalifornia.com) has been an acknowledged authority in the field of self-directed retirement plans. Entrust is committed to the goal of financial independence, especially during retirement. They are the leader in self-directed plans, administrative services, and educational curriculum to build wealth with investments that clients know, understand and control.