June 2015 FinTech Report Card: 12 Top Tech Launches
PENSCO Makes Alternatives Investing Easier for Self-Directed IRAs: Thumbs Up
By Aaron Klein
The self-directed IRA is the new vehicle of choice for individual investors who want to go beyond stocks and bonds in their retirement account and place bets on alternatives, from startups to real estate—but it’s usually a complicated process. With their new Alt-Nav technology, self-directed IRA custodian PENSCO is betting they can make the process way simpler, paring down weeks of paper exchanges to a day or two. A flow of assets into these alternative investments could develop into a significant capital source for non-publically traded companies and the private equity funds backing them.