Asset Exchange Strategies, LLC and NAFEP Partner to Provide IRA-LLC
Premier IV ICO(TM) gives NAFEP members ability to offer greater diversification, provide access to real estate and other high net worth investments with solid backing of industry experts
Asset Exchange Strategies, LLC, the leading self-directed IRA advisory firm enabling investors to invest in real estate and other non-traditional assets with an IRA, and the National Association of Financial and Estate Planning (NAFEP) today announced an agreement making Asset Exchange the exclusive advisory firm and master distributor of self-directed IRAs to NAFEP’s 1,200 Certified Estate Advisor (CEA) members through its Premier IV IRA-LLC product.
As a result of the deal, Asset Exchange Strategies will work directly with NAFEP certified financial planners, securities reps, insurance agents, attorneys, CPAs and others across the country to enable their clients to invest in real estate, notes, tax liens, private stock and other non-traditional assets with their IRAs, addressing growing demand and further expanding Asset Exchange's market reach.
"As the nation's largest, premiere estate planning service and the most recommended for tax strategies and estate plans, we see this announcement as a major milestone for our CEA and financial advisor members, who will now be able to offer clients a wider range of tax-deferred alternative investing solutions," said Scott Janko, vice president of NAFEP. "With the backing of the leader in this space, Asset Exchange Strategies, we have been careful to structure the Premier IV ICOTM to provide an advantage--with the greatest control for advisors and clients and the utmost in security through NAFEP."
Drawing from its industry knowledge and experience providing IRA LLCs, Asset Exchange Strategies will advise CEAs and other financial professionals on the validity and structure of agreements, ensuring compliance with IRS regulations, and will serve as the interface to help provide and manage the paperwork for transactions. Helping to create a seamless, behind-the-scenes process for CEAs, the firm will also interface with NAFEP for preparation of legal documents. Additionally, the service will be backed by an unprecedented option of up to $25,000 tax attorney warrantee from NAFEP for attorney fees, should the validity of assets be questioned by the IRS.
"Since we started based on consumer demand five years ago, we have noticed a huge surge in the number of investors wanting to explore alternative investments and other options," said Daniel Cordoba, CEA and principal, Asset Exchange Strategies. "We are happy to bring our knowledge to this package and make it available through an IRS compliant IRA LLC to provide greater freedom to CEAs and investors in making transactions and protection for the investment itself. With the added backing of a leader like NAFEP, advisors and investors are getting a distinct strategic advantage."
Investing in alternative assets through an IRA has been growing in popularity, due to the added tax benefits and greater diversification it can provide, since the increasing uncertainty of the stock market in 2000. Alternative investments (barring insurance contracts and certain collectibles) are within IRS guidelines so long as specific regulations, of which Asset Exchange Strategies specializes in, are met.
As part of the agreement, Asset Exchange Strategies will provide training to CEAs to educate them on these regulations and the process overall, through its "Six Steps to Success" online and teleconference educational programs and marketing through IRA LLC Web page development. Daniel Cordoba will also serve as an advisory board member on NAFEP.
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