Many clients at Broad open self-directed accounts in order to take their retirement further with real estate and other alternative assets. However, that doesn’t mean that standard investment products (like stocks and bonds) are no longer an option. Just the opposite in fact. Many popular stock trading platforms can be accessed with the LLC of a self-directed IRA or with the Trust of a Solo 401(k). If you’re interested in making stocks a part of your self-directed portfolio, please see the links below for more information.
Important! When you are ready to open a trading account, please speak to your Broad Specialist. He/she will guide you through the process and insure that all of your forms are filled out properly. Not all brokerages are familiar with self-directed accounts and it pays to have the expert guidance of a Specialist in your account set-up.
If you have a self-directed IRA:
If you have a self-directed Solo 401(k):
- Application: https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA4286.pdf
- Check/Debit Card App. : https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA1837.pdf
- Email: TD Ameritrade Account App, TD Ameritrade Checking/Debit Card App, and Certification of Trust to firstname.lastname@example.org
- Note: If the plan sponsor is a sole proprietorship, the account should be opened as a personal trust, not as a Solo 401k trust.
- Application: https://personal.vanguard.com/us/whatweoffer/smallbusiness/investmentonly
- Note: Vanguard offers Checkwriting. Minimum check amount is $250.
- Note: Fidelity offers Checkwriting, but Trust Account must maintain $2,500 in order to qualify. Fidelity can only print checks with the Solo 401k plan name, not the trust name. These checks may not be suitable for all investments.