Today we look closer at Strata Trust, we look at the Strata Trust Company Reviews and look at what their clients say. Are there better alternatives for you? This is just a few of many questions this short review helps you answer!
Name of the company: STRATA Trust
Official Website URL: https://www.stratatrust.com/
Overall Rating: 3 / 5
Who is it for: Retirees, investors
Important to mention before we go into more details of this review:
We always strongly recommend doing your own research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed. So please investigate thoroughly before you make your decision.
==> See our #1 Recommended Precious Metals IRA Company on this page <==
With that being said, let´s continue with the review on Strata Trust!
What is STRATA Trust? How well does it serve its clients? Is it trustworthy? These are a perfect sample of the questions that I have been receiving from my colleagues. I will provide the answers to these and more questions in this review in a bid to help every reader have a better understanding of what STRATA Trust is all about. The following areas will form the key highlights of this review:
– What is STRATA Trust?
– How does it Work?
– What services does it provide?
– How are they priced?
– Is it genuine?
– Does it offer any investment opportunities?
– Pros and cons of STRATA Trust?
What is STRATA Trust?
STRATA Trust Company came to birth in 2008. It currently exists as a wholly-owned subsidiary of popular Horizon Bank, SSB. This Texas-based firm formerly went by the name Self Directed IRA Services Inc.
This company has currently strategically structured its operations to support a wider variety of investment options. STRATA Trust relies on the expertise of its professional partners to steer its clients’ SDIRA portfolios to success. Investor empowerment is at the core of this company’s operations. It does this in a bid to ensure that they all reach their retirement goals through holding their investments in traditional IRAs as well as alternative investment IRAs.
How does it work?
This company helps investors realize their retirement goals financially by setting up self-directed IRA accounts for them. SDIRAs have a couple of similarities when compared to other types of IRAs. The main difference lies in the fact that with SDIRAs, you can control the rebalancing of your portfolio.
As a new client to this company, here is a standard process that you have to follow in order to get started:
1. Choose the assets that you want to invest in.
2. Select the type of IRA that will help you achieve your money-making needs.
3. Establish the manner in which you will fund your IRA account.
Once you have funded your IRA, you can then begin investing in the various asset classes availed by STRATA Trust. The best thing about dealing with STRATA is that you gain access to a platform that is built by a couple of technology partners, including:
– Innovest Systems’
– Millennial Vision Inc.
– Efficient Technology, Inc.
All the above companies offer all of STRATA’s clients sufficient and safe resources.
The IRAs it offers
STRATA Trust ensures that every client finds the most effective approach to investing the funds that are rolled over from their personal IRAs. As we have already seen in the above section, you are required to select one type of IRA, in order for you to begin investing. The available IRAs include:
- Traditional IRAs.
- ROTH IRAs.
- SEP IRAs.
- SIMPLE IRAs.
With any of the following self-directed IRAs, you can invest in any of the following assets:
- A variety of directly owned real estate assets.
- Debt Investments and Private equity assets
- Promissory notes
- Debt crowdfunding
- Closely-held stocks
- Precious metal assets.
- Brokerage accounts for ETFs and Mutual funds.
(If you are interested in Gold & Silver IRA solutions)
Pricing and Fees
STRATA Trust requires that you reach out to its support staff in order for you to inquire about the pricing and fees that you will be charged. Whereas this might be a deal-breaker for most people, it is worth noting that investment portfolios can end up being quite different, based on the type of IRA one chooses to rely on, the type of assets they choose, the investment period, their financial goals, as well as the amount of money they want to invest. STRATA Trust provides administrative as well as custodial services, hence the prices are expected to vary from one client to another.
Important to mention here:
Please always make sure that you know what exact fees are associated and what everything will cost you in the end, as there are so many reports online of clients being “surprised” with so-called hidden fees they had no idea about.
==> this company offer you 100% transparency on their fees + is the one that is recommended by the most independent 3rd party Consumer Protection Agencies in the whole industry
Is it a scam or legit and genuine?
STRATA Trust is a genuine company. To begin with, this company has its headquarters at 7901 Woodway Drive, Waco, TX 76712. This address actually exists, and you can easily confirm this through Google Maps.
Second, this company is a subsidiary of Horizon Bank, which you may have already heard of.
It is only possible for them to associate themselves with this bank if they are offering genuine services. This company was founded in 2008, which is more than one decade ago, and Horizon Bank would have already renounced STRATA Trust if it wasn’t offering genuine services.
Strata Trust Company Reviews – Complaints & Ratings
It is important (and highly recommended) that you look at what the most well-known and trusted review and rating sites have to say about a company you are researching. So below you can see what results Strata Trust Company have gotten in reviews from their users:
BBB (Better Business Bureau)
Rating: 1,63 / 5 (NOT an accredited business by BBB)
6 complaints (out of 7 reviews) click here to read them all (opens in new window)
Rating: 4,9 / 5
(out of 1368 reviews) click here to read them all (opens in new window)
The conclusion from this:
As you can see above the reviews and ratings of Strata Trust are quite average, or a little below average actually. There are complaints to be found easily for anyone looking.
Want to see the #1 rated alternative?
==> Visit this page and learn more why they got the best reputation and reviews!
Investment opportunities on Strata?
There is a wide variety of investment options available for investors wishing to invest through STRATA Trust. This company, however, has a very low rating on Trustpilot. One of the main flaws I easily identified is that this company has poor customer service, despite having very desirable SDIRA execution plans. If you want to establish any business with this company, it would be crucial to give them a call just to gauge their level of receptiveness on a personal level. This will be a crucial step since you are looking forward to rolling over your hard-earned income.
On the overall, I would advise that you have a look at other options before settling on this company.
Pros and cons
It might be wise to compare the positive sides against the negative ones to get a better overall view of something, right? As always in our reviews we provide you with some clear points on both sides of the spectrum:
- Is a subsidiary of Horizon bank
- Well-defined SDIRAs
- Very many investment options.
- It has negative reviews on customer trust sites.
- Many complaints
- Customer service is poor
Do You Own or represent Strata Trust Company?
If you are a representative, or associate of Strata Trust Company and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to firstname.lastname@example.org.
Final words and verdict
Overall rating: 3 / 5
Ok, I think that sums up the overall view of Strata Trust Company pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Strata Trust Company to be helpful and that you now have a better understanding of what it is and the level of complaints it has received from other reviews online. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com