What is SDIRA services? How does it work? Which products and services do it offer to its clients? Is it a genuine company? Which investment opportunities can one take up with these SDIRA Services? Are there any significant pros and cons that one is bound to face when dealing with this company?
Name of the Company: SDIRA Services (Currently Strata Trust Company)
Official Website URL: https://www.stratatrust.com/
Owner: Horizon Bank
Overall rating: 
(3.4 / 5)
Recommended? : No
Essential to mention (before we go into more details of this review)
We strongly recommend doing your research online before choosing a company to invest in. There are so many reviews online of clients being ripped off and scammed. So please investigate thoroughly and compare different alternatives before you make your decision.
One example: 99.9% of companies got “pushy” salespeople trying to stress you into acting fast.
Here is the thing, the #1 Recommended Gold & Silver IRA Dealer on our top-5 list got No-salesy representatives… So they won´t bother or terrorize you with phone calls.
You are an intelligent person, so I am sure that you understand the benefits of dealing with such a company instead, right?
+They got a couple more benefits you might appreciate as much as I do. You will understand yourself once you have visited the page (link) above.
==> See our Top-5 List of Precious Metals IRA Companies on this page <==
With that being said, let´s continue with the review on SDIRA Services!
Intro
This article seeks to establish the legitimacy and competency of SDIRA Services, which Is currently trading as Stata Trust Company. Some of the main questions about this company are found below. In answering these questions, we will have thoroughly reviewed this company and equipped you with sufficient knowledge to make the right decisions concerning cutting a deal with this company.
What are SDIRA Services?
SDIRA Services opened its doors to the general public in 2008 as a subsidiary of Horizon Bank. This Texas-based company has come up as a household name to support self-directed individual retirement accounts assets for their clients. SDIRA Services is therefore well-known for empowering investors to be in a position to reach their retirement goals through the provision of custodial services for their traditional assets and their alternative IRAs.
This company has been in business for more than 10 years and has undergone several changes, one of the major ones being the change in their company name, which happened in 2017. By 2016, this company had amassed $1.5 billion worth of assets.
How does it work?
As an interested investor who wants to secure your retirement period with SDIRA Services financially, you must open an account with this company to enjoy its services (https://www.stratatrust.com/open-account/). At the time of opening your account, you are required to provide information on what you are planning on investing in. there are several options available for you, such as:
– Publicly registered investments
– Precious metals
– Crowdfunding
– Private equity
– Private debt
– Directly-owned Real estate
If you are not sure about what you want to invest in and need to be advised, you can select the “I have not decided yet” option to get assisted with that. Once you have chosen your investment option, you must download the IRA Kit to fill out, after which you should fax or email SDIRA Services. You will be required to provide the following details in the IRA Kit:
– Email address
– Social Security Number
– Beneficiary’s details
– Driver’s License/Valid Government ID
After opening an account with this company, you must rollover your funds into the retirement asset that you settle on for SDIRA Services to begin implementing its custodial services. If you choose to go with precious metals as the preferred choice of investment, you must find your dealer of choice and then provide SDIRA Services with the items listed in the Precious Metals Investment Checklist.
Products and services offered?
SDIRA Services essentially presents its clients with custodial services. There are no unique and fancy packages for you to select from. As a client, you are only interested in knowing how you will secure your retirement account, and that is what SDIRA Services is all about.
This company’s products are simply the investment options that it offers its clients at the time of the account opening. As such, SDIRA Services (Strata Trust) happens to be a custodian of clients’ IRA investments in precious metals, private debt, structured settlements, crowdfunding, real estate, and private equity.
Is SDIRA a Scam, or is it Legit?
This company is a legit company that is in the business of providing genuine services. Even though different clients have reacted differently to how SDIRA Services conducts its business, this does not nullify that it is an honest company. This company is a wholly-owned subsidiary of Horizon Bank, which happens to have an impressive number of clients, thus backing up the trustworthiness of SDIRA Services.
SDIRA Services has also been in business since 2008, and it has only survived that much due to being a trustworthy company. This company also has an A+ rating in BBB (https://www.bbb.org/us/tx/waco/profile/financial-services/strata-trust-company-0825-90081399) and an overall rating of (3.4/5) in Gold Retired (https://goldretired.com/what-is-strata-trust-company-scam-or-a-legit-investment). However, this company has been hit with several complaints that would make one question its overall effectiveness. As much as this company is legit, it would require a lot of convincing for one to believe that they will be treated in the right way.
If you want to contact SDIRA Services to partner with it, however, you can reach out using the following means and avenues:
Physical address: 7901 Woodway Drive, Suite 200, Waco, TX 76712.
Telephone Number: 866-875-0798
P.S.
Learn about the #1 rated gold & silver company (by most 3rd party consumer protection agencies in the industry) on this page
Investment opportunities?
As an investor looking forward to securing your financial status in your retirement years, you should approach SDIRA Services with the explicit knowledge that it is only a custodian of the investments you choose. You will be required to make several decisions about the investments, such as the dealer to purchase precious metals. Also, your investment funds are usually held in the Delaware Depository or Brink’s Global Services USA.
This translates to the fact that one should not expect to make their investment with SDIRA services as all it provides is custodial services.
Pros and Cons
It is always a wise thing (and recommended) to compare companies’ positive sides against the negative ones to get a better overall view. As always in our reviews, we make this task easier for you by pointing out some clear points on both sides of the spectrum.
Pros
-It is a trustworthy company
-Has several investment options offered to clients
Cons
-The effectiveness of its services is questionable
-Annual service charges are to be paid by clients
Do You Own or Represent SDIRA Services?
If you are a representative or associate of SDIRA Services 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 get the e-mail on the about page.
Final words and verdict:
Verdict: Legit
Overall rating: (3.4 / 5)
Ok, I think that sums up the overall view pretty well. This is a legit company for sure. However, if it is your best alternative, there is another story. I suggest you compare them to other top companies in the industry before you make any decisions.
You made a wise choice to read this review, and you are an intelligent person, so I am sure that you will find the right company to do business with that suits your particular needs the best.
What company would I recommend?
There are some great companies and even more “not-so-good ones.” So focus on the top-rated ones and leave the more “questionable” alternatives out of the equation. It will be much easier to get a clear view of what you have to choose between.
The absolute best one I can recommend is Augusta. They are our #1 rated company and the (by far) #1 rated overall in the industry from its clients.
==> Learn more about my #1 Gold & Silver Recommendation here <==
I hope you found this short review of SDIRA Services (Strata Trust Company) to be helpful and that you now have a better understanding of what it is and if it is something for you or not. If you have used any of their services, 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!
Michael,
founder of: Goldretired.com
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