IRA Financial Group Expects Continued Growth in Self-Directed Individual Retirement Accounts

MIAMI BEACH, Fla.--(BUSINESS WIRE)--IRA Financial Group today announced that individual investment in real estate and a pressing need for portfolio diversification are driving the Self-Directed Individual Retirement Account industry as the company announces continued growth. Using a Self-Directed IRA, individuals can invest in real estate, precious metals and private businesses – outside the offerings of the traditional brokerage houses.

“Wall Street has a near monopoly on Individual Retirement Accounts”

“Wall Street has a near monopoly on Individual Retirement Accounts,” said Adam Bergman, CEO of IRA Financial Group. “By default, the large brokerage firms have made it very difficult for investors to diversify away from traditional stocks, bonds and mutual funds. We are seeing an influx of individuals who want diversification and to take advantage of opportunities in real estate and other assets.”

IRA Financial Group is seeing significant growth this year after a record first quarter. The private company, which does not offer investment advice, assists individual investors with establishing an investment structure that enables them to use IRA funds to invest outside of large brokerage firms. A Self Directed IRA Limited Liability Company offers one the ability to use his or her retirement funds to make almost any type of investment.

According to Bergman, the positive shifts in the real estate market are driving the industry, as many small business owners are looking for capital to purchase property as a way to hedge against stock market risks.

“Many investors don’t know that they can use their IRA funds to invest in real estate,” said Bergman. “Each day, we hear from individuals who are just discovering that they can use their IRA to purchase an investment property, vacation home or even foreign real estate.”

Here are a few residential and commercial real estate investments which can be purchased using a Self-Directed IRA: raw land, foreclosure property, mortgages, mortgage pools, deeds, tax liens, domestic real estate, foreign real estate, vacation homes, rental units, condos or coops and farm land.

IRA Financial Group was founded by attorneys and former Wall Street executives with more than 35 years of combined experience in the legal, tax, and investment fields. For more information about Self-Directed IRAs and solo 401Ks, contact the IRA Financial Group at http://www.irafinancialgroup.com or call 1-800-472-0646.