What are some of the best companies that can help me setup a self-directed IRA?
I want to be able to invest in any asset with a Roth IRA โ not just the finite set of offerings of Fidelity, Schwab, Vanguard, etc.
I spoke with a tax advisor that recommended Broad Financial (broadfinancial[.]com) to setup a self-directed IRA. It looks like they'll charge me about $1,000 per year. I expected to pay a few thousand up-front for some company to help me setup a self-directed IRA (lawyers who draft the documents for me to sign and hold my hand to setup the LLC), but I can't understand why I'd have to pay a yearly fee thereafter!?!
The whole reason I want a self-directed IRA is so that I have complete control. I'll control the LLC 100%. I'll have checkbook control. This third party that helps me setup the LLC should do nothing for me after initial setup, so why would they charge a yearly fee if they do 0 hours of yearly work?
Before I pull the trigger, I want to do my due diligence in researching Broad Financial and their competitors. But I'm having a very hard time sifting through content marketing AI slop when I google for it.
Can anyone please list for me the top-10 companies that assist people like me in setting-up a self-directed IRA?
I can't invest in physical bottles of fine wine with my IRA brokerage account at Vanguard, Fidelity, etc.
Opening the self-directed IRA with an LLC means you can invest in anything.