Nearly A Third Of Advisors Are Seeking Alternative Investments For Their Clients But A Self-Directed IRA Is Needed To Invest
–News Direct–
By Rachael Green, Benzinga
According to a recent survey by the Financial Planning Association, 28% of advisors were actively investing in alternatives for their clients while 19% said they were considering adding them within the next one or two years. The growing interest in alternatives comes as more and more investors look for more creative ways to protect their retirement accounts from high interest rates and increasing volatility in the stock market.
Alternative investments like precious metals or real estate can help provide needed diversification to your retirement portfolio in markets like this one. But most IRAs from a bank or brokerage will only hold the assets that they sell so, for most investors, that means theyre limited to stocks, bonds, ETFs, and mutual funds. ...
