Has anyone here ever used a Self Directed IRA service to invest in a hedge fund? I want to use my Roth IRA to invest in a hedge fund and would like a recommendation please. Thank you, 1245
look at the following custodian, they are the lowest cost and pretty flexible... there are a number of them, but honestly this one was the best I found... the simplest way is to create an IRA LLC, then do a private placement to it, and then invest from the IRA LLC to the fund... https://www.iraservices.com/ a pretty good attorney to use for the IRA LLC is... www.irafinancialgroup.com
+1 on a custodian. You have money for a hedge fund but don't have a trust company? Are you a drug dealer? Try equity trust. Or any big company with "trust".
Has anyone ever used "uDirect IRA Services". They seem cheap and easy from the website. Good reviews too. https://www.udirectira.com/get-started/fees.html 1245
I've read about the principal of that LLC... she does have good reviews... all I will say is whatever you choose, due your own due diligence, call them and give them the scenario so they disclose all fees and compare each custodian.
Equity Trust works, probably not the cheapest. Several $100/year at a min, up to several $1k for larger accounts.