In this review, you will get to understand what New Direction Trust Company is all about, through having answers to the following questions presented to you: What is New Direction Trust Company? How does this company work? What products and services are offered? Is it a scam? What investment opportunities can you take with New Direction Trust Company? What are the pros and cons of dealing with this company?
Name of the Company: New Direction Trust Company (Formerly New Direction IRA, Inc. (NDIRA) and Mainstar Trust)
Official Website URL: https://www.ndtco.com/
Owners: Bill Humphrey and Catherine Wynne
Overall rating: (2.5 / 5)
Recommended? : No. The company has a working model but has many complaints on poor delivery of services.
Important to mention before we go into more details of this review:
We always strongly recommend doing your research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed. The most common way people are getting scammed is through so-called “hidden-fees” so please investigate thoroughly before you make your decision.
With that being said, let´s continue with the review on The New Direction Trust Company!
What is New Direction Trust Company?
New Direction Trust Company stands out as a unique and trusted provider of Individual Retirement Accounts (IRAs) and Health Saving Accounts (HSAs). The unique thing about this company is that it allows the owners of these accounts to control their tax-advantaged funds through servicing a wide range of alternative opportunities of investing in assets. They essentially let you, as the account owner to choose the assets that suit your retirement goals and your preferred style of investment.
Most people who have settled on the services offered by this company, in their capacity as financial advisors, investors and asset providers, have cited the depth of experience, the nature of education offered, and the use of convenient account technology as the main reasons behind their choice of New Direction Trust Company.
How does it work?
This company offers willing investors a number of ways to access their services. If you do not know how this company goes about their activities, you can simply contact them on the contact provided on their website and have them direct you. You can also take your time to check through the various types of investments listed on their website, after which you can download the investing guides for the various assets. If you need any clarification on the investment options, you can simply click on the “contact an expert” button on their website to get an expert who will take you through the offerings. Once you have agreed on your most preferred investment product, you are required to fund it and then begin the investment process.
Products and services offered
New Direction Trust Company offers its products in terms of investment opportunities and its services through the provision of information, education, and advice.
Most of its customers are usually seeking to invest in the following investment products:
-Precious metals (P.S. learn about my #1 recommended precious metal dealer on this page)
New Direct Trust Company gives its clients the opportunity to self-direct their products due to the following reasons:
- To gain control of their financial future
- To gain asset management experience
- To enable them to diversify their portfolio through the presentation of several lucrative investment opportunities.
The services offered to clients are usually in the form of availing the following resources and help to clients:
-the creation and management of accounts
-management of contributions and distributions
-Transfers and Rollovers
-Live IRA events
Learn about my #1 recommended IRA solution on this page)
Is New Direction Trust legit?
New Direction Trust Company is a legitimate company as seen through the many reviews provided about it in online platforms. These include: Innovation wealth (https://www.innovativewealth.com/new-direction-ira-reviews/), Glassdoor (https://www.glassdoor.com/Overview/Working-at-New-Direction-IRA-EI_IE872073.11,28.htm), Business Insider (https://markets.businessinsider.com/news/stocks/new-direction-ira-inc-forms-new-direction-trust-company-1027550980) and AAPL (https://aaplonline.com/new-direction-ira-inc-forms-new-direction-trust-company). The company also has its address and contact details provided, for anyone who would like to pay them a visit or reach to them as follows:
Physical Address: Louisville, Colorado 80027
Telephone Number: 877.742.1270
Website URL: https://www.ndtco.com
If you are looking ways to invest your IRA or HSA funds for you to reap the benefits in future, New Direct Trust Company is a preferred option. This company gives you the opportunity to invest in a variety of investment opportunities and also gives you the ability to direct the nature of investments.
If you are interested in investing your IRA and HSA funds in real estate, precious metals such as gold and silver, private lending, private equity and a variety of other investment products, New Direction Trust Company is the place to go.
Pros and Cons
It is always wise (and recommended) to look at both the positive sides as well as the negative ones and compare them against each other to get a better overall view. As always in our reviews we provide you with some clear points on both sides of the spectrum:
-This company has established more than 10 years ago and has been serving clients by educating them about investment opportunities and guiding them where necessary.
-It has an A+ rating with the Better Business Bureau.
-They are quick in the delivery of their services.
-The only A+ ratings available for this company are those given by the Better Business Bureau.
-Insufficient information about this company is provided to clients on its history and background.
Do you Own or Represent New Direction Trust Company?
If you are a representative, or associate of The New Direction Trust Company 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 (2.5 / 5)
Ok, I think that sums up the overall view of this company pretty good, it is a legit one absolutely, however, if it is your best alternative out there is another story and I leave that up to you to decide.
What company do I recommend?
There are many different alternatives out there and we have listed many of them on this website, and we have reviewed over 100+ companies so far. The one that stands out the most among its peers have to be Regal Assets, they got a flawless record and their customer satisfaction is what really stands out. So I would say they are my absolute #1 recommendation.
I hope you found this short review on The New Direction Trust Company to be helpful and that you now have a better understanding of what it is and if it is for you. Please, if you have used any of their services then share your experience in the comment section below as it can help others make better decisions. Also, if you got any questions about this I would be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com