How to Select the Best Type of Self-Directed IRA

The Best Self-Directed IRA Companies

What do the best Self-Directed IRA companies do? To answer that, we first have to answer what it is that an IRA company—like an administration firm—does for its clients. Take American IRA, a Self-Directed IRA administration firm that serves as the custodian on the retirement accounts of its clients. We aren’t financial advisers. We’re not here to tell you how to invest your money. And we’re not here to guide your retirement planning strategies. What we can tell you, however, is that a Self-Directed IRA administration firm like ours can do a lot—particularly if you’re discerning and know what to look for in a company like this. Here’s what you’ll need to know.

What Defines the Best Self-Directed IRA Companies?

First, let’s zoom out. Why does a client approach a Self-Directed IRA company in the first place? What is it they want them to do? An investor will want to open an IRA via a custodian. This Self-Directed IRA strategy means the investor can have someone else administer the account while the investor makes the buying orders. In turn, this allows the investor to take advantage of the full range of potential retirement assets available to them. For example, if an investor wants to place an investment (within a retirement account) in real estate, they can do so.

This might seem to make the custodian merely a pawn in the deal. And here’s where you learn what separates the best Self-Directed IRA companies from the rest. Yes, the IRA administration firm in question is there to carry out your buy orders, administering the account so the paperwork remains in good standing. But there’s more they can do. Here are two of the strengths we take pride in at American IRA:

  • Experience.  Your custodian should be a company that comprises a team of experienced individuals—all of whom know what it means to invest in a Self-Directed IRA. You want a team on your side who has seen it all, understanding the little quirks of paperwork and administration that the ordinary custodian might not. Here at American IRA, you can check out our team and see for yourself just how much experience we have working in this industry.
  • A generous fee structure. Ultimately, the value you get from the Self-Directed IRA administration firm you select will be determined by the quality of their custodial and administrative work, and the amount they charge you for this work. At American IRA, we believe in flat fees that help you grow your account to larger amounts without tacking on extra expenses in the form of fees. Variable-rate fees in retirement accounts can be hidden value-vacuums that slowly erode your wealth. That’s not what you want.

Working with the Best Self-Directed IRA Companies

How can you start working with a Self-Directed IRA company? We recommend that you look for experience. Check out the bios of the team in question. Find out what they’ve done in their professional careers. Examine the kinds of fees the Self-Directed IRA administration firm in question will charge. As you learn more, you’ll probably grow a sense of confidence if you’ve chosen the right firm. If not, keep looking.

Here at American IRA, we’re invested in our clients’ education. That’s part of why we like to distinguish ourselves as truly interested in doing the best we can to make sure our relationship will be a successful one. Interested in learning more about Self-Directed IRAs?  Contact American IRA, LLC at 866-7500-IRA (472) for a free consultation.  Download our free guides or visit us online at

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