This review is on Advanta IRA. What is Advanta IRA? How does it work and what services are provided? Is it a legit company? Are there better alternatives out there for you? This is just a few of the questions we help you answer!
Name of the Company: Advanta IRA
Official Website URL: https://advantaira.com/
Owner: Advanta IRA
Overall rating: (4.5 / 5)
Recommended? : Yes
We all like to have the best set of options and alternatives provided to us so that we can make positive gains regardless of what we choose. This holds for access to financial services. We prefer to work with a company that provides the best set of alternative investment options. What can be said of Advanta IRA in this case? Does it offer the best set of alternatives to its clients? What are those alternatives? Is this company actually reliable? Which are the most distinct pros and cons that clients encounter as they work with this company? This review is aimed at providing the answers to the above questions, as well as providing the necessary insight as to whether this company is recommendable.
What is Advanta IRA?
Advanta IRA is one of the best self-directed IRA service providers in the United States of America. It also takes pride in being one of the best real estate IRA service providers in the nation. The mission of this company has been to enlighten and to empower its clients to have the confidence to invest. Beyond offering the knowledge on how to approach the realm of investments, Advanta IRA also has its own streamlined processes that make it quite easy for its clients to invest successfully.
The self-directed IRAs provided by Advanta IRA are tax-advantaged, and they place you, as the investor, in a position where you can choose and control your investments. Advanta IRA helps you unleash the potential of your IRA and to use alternative investments such as real estate, private equity, cryptocurrencies, and many other options in your journey towards wealth creation.
There are many people who have shied away from self-directed IRAs, due to the lack of sufficient knowledge about them. Advanta IRA ensures that you understand the concept of self-directed IRAs by providing sufficient educational resources to help you invest with confidence. There are many other resources provided in the form of blog articles, case studies as well as webinars meant to inform you about various types of investments that are tied to the self-directed IRAs.
How does it work?
Upon getting the clarity about how self-directed IRAs work, you can then open up your account with Advanta IRA. Everything is simplified for you, thus you will not experience any unnecessary hustles. The steps followed are as shown below:
1. Open an account
Opening your account with this company only takes a few minutes. You are usually paired with your own account manager, who is entrusted with providing the guidance you need.
2. Fund your account
You are then required to add funds to your Advanta IRA account by making a direct cash contribution or by transferring the funds in your existing individual retirement account or 401(k) plan.
3. Start investing the funds
Advanta IRA offers you the opportunity to invest in a wide range of alternative investments, such as precious metals, single members LLCs, real estate, mortgages, cryptocurrencies, etc.
Products offered by Advanta IRA
As you may have observed already, Advanta IRA has a wide range of investment offerings. Clients can, therefore, choose single investment products or several products, and build a portfolio that has the potential of earning them an impressive investment income. Advanta IRA allows you to use the following accounts to fund your investments:
1. Traditional IRA
2. Roth IRA
3. SEP IRA
4. Individual 401(k)
5. Simple IRA
6. Health Savings Account
7. Educational Savings Account
8. Qualified Record-keeping
The funds transferred from these accounts can be used to finance one or several alternative investment accounts such as:
1. Real Estate
2. Private Lending
3. Checkbook IRA
4. Private Placements
6. Other Investments (Forex, Commodities, Timberland, Show Horses, Precious metals, Commercial paper, rights and warrants, Alpaca farms, sports teams, oil gas and mineral rights, convertible/debenture notes, etc.)
Advanta IRA serves its clients by offering them a platform that helps them invest their IRA funds successfully. This company charges a service fee that is based on the recordkeeping services it offers. The fees are fair and reasonable and do not go beyond $300 per year. Whereas other companies of this kind charge you a commission based on the value of your investment account, Advanta IRA only charges a reasonable administration fee for the very essential services it provides to you.
Are the services and products it offers genuine?
There is sufficient evidence to prove that Advanta IRA is a genuine company that is offering genuine products and services. This company has been in business for more than 15 years, providing its services through streamlined processes. The availability of its details on Innovative Wealth (https://www.innovativewealth.com/advanta-ira-reviews/) goes a long way towards providing the proof that this company actually exists. Advanta IRA has a 5-star rating on Yelp (https://www.yelp.com/biz/advanta-ira-atlanta). You can easily gather that this company is excellent at customer service, hence you can approach its support staff and get all the help that you need. There are also no negative reviews about this company on this or other sites for that matter.
Advanta IRA has its contact details provided to the general public, just in case anyone wants to reach out. The details are:
Physical Address: 13191 Starkey Road, Suite 2 (Florida Office) and 1455 Lincoln Parkway, Suite 520 (Georgia Office) .
Advanta IRA has its doors open to all those investors who would like to grow their wealth through funding alternative investments. This company has one of the largest variety of alternative investments portfolio from which its clients can choose from. With sufficient knowledge, any client can make a decent income from the investments they select.
Pros and Cons
It is always wise to look at both the positive as well as the negative sides to get a better overall view of something. As always in our reviews we provide you with some clear points on both sides of the spectrum:
-Excellent customer service
-Account managers are provided for you
-A variety of alternative investments
-No negative reviews
-Client education is taken seriously
-Does not have many customer reviews
-No live chat on their website
Do You Own or represent Advanta IRA?
If you are a representative, or associate of Advanta IRA and have found something not to be correct in this review please, feel free to tell 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 else you got the e-mail on the about page.
Final words and verdict
Overall rating: (4.5 / 5)
Ok, I think that sums up the overall view of Advanta 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.
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 similar services out there. I have many IRA service providers 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 I can recommend below:
I hope you found this short review of Advanta IRA to be helpful and that you now have a better understanding of what it is and if it is something for you or not. 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
- Many alt investments
- Good support
- Resonable fees
- Not many reviews to be found