Entrust Clients Respond Favorably To News Of FDIC Account Insurance (Communities - Services Offered)
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Ad ID 606506 in Category: Communities - Services Offered
Entrust Clients Respond Favorably To News Of FDIC Account Insurance | |
FOR IMMEDIATE RELEASE Entrust Clients Respond Favorably To News Of FDIC Account Insurance Reno, NEV., October 10, 2008 – The Entrust Group (www.theentrustgroup.com), which provides record-keeping and administrative services for self-directed Individual Retirement Accounts (IRAs) and qualified plans, today, said that its clients have responded very favorably to its recent announcement that all un-invested cash in Entrust accounts are insured. Hugh Bromma, CEO of The Entrust Group, noted that clients have increased their transfers and rollovers to Entrust from other IRA and 401(k) providers. The Entrust Group, through the custodial services of International Bank & Trust, has mitigated the deposit insurance risk of un-invested cash in clients' self directed IRAs and 401(k)s by maintaining relationships with over 100 FDIC insured U.S. depository financial institution throughout the country. The insurance is obtained on an aggregated pass through basis, as provided by law. "This means the large inflow of deposits of un-invested client cash we have experienced recently is insured up to $250,000 per client account, multiplied by the over 100 FDIC insured depository financial institutions with which International Bank & Trust maintains a deposit account, assuring the safety of our customers un-invested funds,” Bromma said. The self-directed accounts permit investment choices made only by the client as The Entrust Group and International Bank & Trust sell no investment products of any kind. "That's up to our clients; they are the ones who are best qualified to direct their investment strategies and tactics", Bromma concluded. About The Entrust Group The Entrust Group is the world's premier provider of account administration services for self-directed retirement plans. For more than 25 years, Entrust has been an acknowledged authority in the field of self-directed retirement accounts. Entrust is the only self-directed IRA administrator that serves you right in your community. Entrust affiliate offices are staffed with experts in law, finance and business, all with first-hand experience in self-directed accounts. Contact: Kaaren Hall, Manager, Entrust Financial Services, LLC (949) 788-2970 | |
| Related Link: (None) Target State: California (California Classifieds) Target City : All Cities Last Update : Oct 10, 2008 03:37:11 PM CDT | Ad Owner Name: Kaaren Hall Contact Phone: 949-788-2970 Contact Email: danaya@theentrustgroup.com Number of Views: 23 |
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