Entrust Group Review

Updated July 3, 2024

At a glance

overall

4.0

Overview

The Entrust Group provides self-directed retirement plans, allowing individuals to diversify their investment portfolios by including alternative asset classes such as real estate, precious metals, and private equity.


Savvy investors frequently opt for Entrust Group's services for a prosperous financial future. With a solid foundation in self-directed IRA and Solo 401(k) plans, Entrust Group excels in presenting investment avenues beyond stocks.

Through this review, we explore the features that differentiate Entrust Group's offerings. We assess how they remain instrumental in the rapidly changing financial landscape.

Key Takeaways

  • Entrust Group positions individuals for financial growth through self-directed IRA and Solo 401(k) plans.
  • The company administers over $4 billion in diversified, alternative investment assets for its clientele.
  • Self-directed HSAs and ESAs extend Entrust’s scope, catering to healthcare and education savings.
  • Entrust’s four decades in the industry speak to its reliability in self-directed retirement planning.
  • Investors can broaden their retirement portfolios with non-traditional investments including real estate, precious metals, and cryptocurrency

Compare Other Top Gold IRA Companies:

Fees: None

Min. Investment: $25,000

Fees: $180/year

Min. Investment: $5,000

Fees: $225/year

Min. Investment: $2,000

What Is The Entrust Group?

Founded over four decades ago, The Entrust Group has emerged as a key player in retirement planning. It's renowned for specializing in self-directed IRA and Solo 401(k) plans. The firm is dedicated to offering investors and business owners the chance to direct their retirement savings into non-traditional investments. As a custodian, Entrust strictly follows IRS guidelines.

Based in California, the company caters to the evolving financial needs of more than 22,000 clients across the country. It is distinguished by its wide-ranging custodial services, which are customized for various types of accounts:

  • Self-Directed IRAs: Enabling clients to invest in real estate, precious metals, and more beyond stocks.
  • Solo 401(k) Plans: Tailored for individual business owners and freelancers, aiming for enhanced retirement savings.
  • Health Savings Accounts (HSAs): Providing a tax-advantaged way to save for future medical costs.
  • Coverdell Education Savings Accounts (ESAs): Supporting tax-free savings growth for educational expenditures.

Entrust Group focuses on unique retirement options, helping clients create strong strategies outside traditional investments. This approach guarantees personalized planning that matches each individual's long-term ambitions and financial goals.

Goldco is an industry leader in the precious metals space, offering a comprehensive approach to protecting your retirement savings in an ever-changing economic landscape.

ABOUT GOLDCO

  • Rated A+ by the BBB
  • Inc. 5000 Aware Recipient, 7+ Years
  • Money.com 2023 Best Customer Service
  • Earned over 5,000+ 5-Star Customer Ratings

Comprehensive Services Offered by Entrust Group

Entrust Group stands out for its broad range of self-directed investment accounts. These options offer individuals a way to tailor their retirement and investment strategies. They cater to varied financial objectives and work statuses, especially benefiting the self-employed and small business proprietors.

Self-Directed Individual Retirement Accounts (IRAs)

These IRAs are among the most adaptable alternative IRA investments on the market. Clients have the choice of Traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs. Each type is designed to optimize investment potential while offering tax-advantaged accounts benefits. They serve as foundational elements for intelligent retirement preparation.

Solo 401(k) Retirement Plans for Individuals and Small Business Owners

The Solo 401(k) plans are ideal for entrepreneurs and small enterprise leaders. These plans not only elevate contribution limits but also provide loan opportunities and support after-tax contributions. They deliver significant flexibility and tax merits.

Health Savings Accounts (HSAs) for Future Healthcare Needs

HSAs from Entrust Group enable proactive management of healthcare financing. Individuals leverage HSAs to manage medical costs while boosting their investment profiles within a tax-advantaged account.

Educational Savings Accounts (ESAs) for Educational Expenses

The Coverdell ESA is an effective mechanism for educational funding, encompassing early education to college expenditures. ESAs offer savings and investment growth free from federal taxation. These accounts support ongoing educational and financial milestones.

Diverse Investment Choices: Assets You Can Invest In

Entrust Group offers more than just your usual market options. Investors hunting for portfolio diversity won't find these options in standard IRA or 401(k) setups. Their offerings range from the familiar stocks and bonds to the niche. Areas like real estate IRAs and investments in private companies are accessible here.

  • Real Estate IRAs: Entrust Group shines with its direct real estate investment opportunities. Whether it's tapping into residential or commercial markets, this avenue promises tax-deferred or tax-free expansion. That is based on your account type.
  • Private Companies: Venturing into the private sector opens up thrilling vistas. Investing in private enterprises gives investors a stake in dynamic startups or growing businesses seeking funds.
  • Precious Metals: Portfolio diversification through precious metals, like gold or silver, provides a safeguard. It's an effective defense against inflation and market ups and downs.
  • Cryptocurrencies: With digital currencies on the rise, Entrust Group introduces investments in cryptocurrencies. This adds a contemporary layer to innovative investment strategies.

Although Entrust Group is updating its brokerage partners, leading to some temporary restrictions, the investment spectrum remains wide. This period is an opportune moment for investors. They should consider branching out into non-conventional assets. Assets like real estate IRAs or shares in private firms can significantly enhance retirement portfolios.

Understanding Entrust's Fee Structure

When you choose Entrust for your self-directed IRA, comprehending the fee structure is essential. This knowledge aids in efficiently managing your investments. Whether it's real estate, precious metals, or other assets, knowing the fees enhances financial planning and comparison.

Account Establishment and Annual Maintenance Fees

Starting your investment journey with Entrust involves an account establishment fee. The annual maintenance costs vary, catering to the unique needs of different investment portfolios. Here's a simple breakdown:

  • Initial account setup: $50
  • Annual record-keeping fees start at $199, increasing with the account's value and the number of assets

Transaction Fees for Buying, Selling, and Exchanges

Transactions, including buying, selling, or exchanging assets, incur various fees. These fees depend on the asset type being dealt with. Here's a quick look at these charges:

  • Fees for real estate IRA transactions range from $95 to $150
  • Fees for precious metals IRA transactions vary between $175 to $250

Specialized Service Fees and Account Closure Costs

Beyond standard transaction and maintenance fees, Entrust also levies charges for specialized services and account closures. These fees are significant for investors customizing their strategies or ending their investments:

  • Specialized service fees are applied for unique transactions or custodial actions
  • Account closure fees make ending investments straightforward and cost-effective

Grasping these fees and performing fee comparisons are fundamental in your investment journey. It's critical when considering the impact of self-directed IRA and real estate IRA fees on your strategy.

Comparing Entrust Group with Competing Financial Custodians

When exploring self-directed IRA providers, it's crucial to match them with your financial goals and expectations. Among Entrust vs Rocket Dollar and Equity Trust, each one presents unique advantages and disadvantages. This aims to provide a comprehensive analysis of how these custodians compare:

  • Entrust Group is known for its extensive service offerings, positioning it as a preferred choice for those seeking variety in retirement planning. It allows investments ranging from real estate to private placements, offering broad opportunities.
  • Rocket Dollar is recognized for its simple, cost-efficient approach. It’s especially appealing to newcomers to self-directed IRAs or those who favor a straightforward, lower-cost fee structure.
  • Equity Trust offers a range similar to Entrust but adjusts its fees based on account size. This tiered pricing system benefits those with larger portfolios seeking financial efficiency.

Making a choice among these esteemed custodians often requires weighing cost, services offered, and the specific support a custodian provides. Whether you’re drawn to Entrust Group for its comprehensive options, Rocket Dollar for affordability, or Equity Trust for its scaled pricing, each company offers distinct benefits for varied investment strategies and preferences.

How The Digital Platform Enhances The Investment Experience

Digital tools in investment management significantly improve access and control over financial assets. High-tech features offer investors a seamless and interactive monitoring experience. This leads to a more effective and personalized way to handle investments.

Online Client Portal Features and Benefits

The Entrust Group’s online portal provides a secure, detailed environment for managing investments. It includes:

  • Real-time account balance and transaction history, for transparent financial oversight.
  • Investment performance reports, helping in informed decision-making with market trends.
  • Digital tools that make complex processes easier, like fund transfers and rebalancing.

Together, these aspects offer a strong platform that equips investors for proactive management.

Role of Third-Party Access in Managing Investments

Third-party financial advisor access to investment accounts is crucial in modern platforms. It enables:

  • Better collaboration between investors and advisors for strategic investment plans.
  • Continuous portfolio oversight by professionals, spotting risks and opportunities.
  • Advisors to adjust and recommend actions timely, enhancing portfolio performance.
  • This access, along with advanced digital tools, deeply enriches the investment process. It makes management more efficient and adaptive to financial market shifts.

Getting Started with The Entrust Group: A Step-by-Step Guide

Starting your journey with a self-directed IRA at The Entrust Group comes with a seamless account setup. This guide aims to facilitate your navigation through the online investment account creation. You'll experience a smooth transition into your investment journey with Entrust Group.

  1. Gather Your Information: Begin by collecting all necessary personal and financial information. This will include your social security number, employment history, and current financial holdings.
  2. Visit the Website: Access The Entrust Group's website. Here, you will find the 'Open an Account' option, signaling the start of your online investment account creation.
  3. Complete the Application: Fill out the digital application form. You will be required to input the details gathered in the first step. It is essential during the account setup process to ensure all information is accurate to avoid any complications.
  4. Submit Documents: Depending on your investment choices and personal circumstances, you may need to upload additional documentation to verify your identity and financial status.
  5. Make an Initial Deposit: Decide on your initial investment amount to activate the account. This step is crucial in opening a self-directed IRA, as it marks the entry into potential financial growth through self-directed investing.
  6. Await Confirmation: Once your application and initial deposit are submitted, The Entrast Group will review your submission. You will receive an email confirmation once your account is officially active.

Following these steps will guide you through the online investment account creation at The Entrust Group. It sets the stage for a successful and customized investment journey.

Conclusion

The Entrust Group has proven its expertise in the realm of self-directed retirement planning. By exploring self-directed IRA options, investors customize their retirement paths with diverse assets.

The company excels by offering extensive choices that meet individual investor needs and adapt to market changes. It equips those looking to enhance their retirement investment potential with essential tools for growth and adaptability.

 For those keen on a proactive role in managing their retirement savings, The Entrust Group offers valuable support and resources.

QUICK SUMMARY

  • Services: Gold Dealer
  • Products: Gold, silver, copper, palladium and platinum
  • Promotion: None

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