Press Releases

Alternative Assets Symposium – PENSCO Shows How Investment Advisors Can Meet Clients’ Demand for Diversity and Returns

San Francisco, CA (PRWeb) April 19, 2010 - Self-directed IRA custodian PENSCO Trust announces a new symposium on investing in alternative assets – including real estate, secured notes and private equity. In Boston on June 10-11, 2010, the event is designed for registered investment Advisors, financial planners, CPAs and attorneys and will cover the risks and benefits of balancing a portfolio by incorporating non-traditional assets.

Advisors will find out how and why to serve the increasing numbers of investors seeking to diversify their retirement accounts beyond Wall Street and hedge funds. Topics will range from investing IRAs in non-traded assets to new rules and regulations governing the investments.

In addition to presenting the pros, cons and how-to's of alternative asset investing, the PENSCO seminar includes a discussion of structuring fees. Financial professionals will be able to fully evaluate the merits of expanding their practices to include the service.

Solutions for baby boomers’ sagging retirement funds

• For more information call 866.818.4472.
• Please email Robyn Levin for sponsorship opportunities.

Self-Directed IRAs Provide Overlooked Opportunities for Domestic Partners

San Francisco, CA May 28, 2009 - PENSCO Trust, leading self-directed IRA custodian frequently explains how to avoid prohibited transactions when investing your retirement funds into alternative assets, (e.g., real estate, business start-ups, notes and more.) One overlooked area is domestic partners-How they can invest with each other, unlike husband/wife or investing with your children. Domestic partners when it comes to self-directed IRA investing are not "disqualified persons" under the tax laws. This means that IRA dealings that would be prohibited if made with a spouse or child may not be prohibited if made with a domestic partner.

Finding funding in this current marketplace may be challenging says Tom Anderson, CEO of PENSCO Trust. However, your IRA and/or 401(k) can be an untapped source of funds to invest in a startup business, fund your own business or you and your domestic partner can co-invest in land or income-producing real estate, providing its not for your personal use.

Self-Directed IRA Investors Replace Traditional Bank Loans for Real Estate & Business Capital

San Francisco, CA (PRWEB) February 19, 2009 - PENSCO Trust, a leading self-directed IRA custodian identifies a silver lining in this dismal market. "IRA investors are becoming lenders to builders, rehabbers and start-up businesses," says Tom Anderson, founder and CEO of PENSCO Trust Company. "The turbulence in the traditional market is driving investors to safe harbors and alternative assets."

Panicked investors who are seeking new ways to salvage their retirement accounts can learn their true retirement investment options and strategies at a 2-day content-rich event in New York, March 5th - 6th, 2009. Surprisingly, many people are still not aware that they can invest in a multiple number of investments not offered by Wall Street and traditional banks.

The event will bring together some of the nations leading experts on self-directed IRA investing Pat Rice, author of the leading book on the topic IRA Wealth; Jordan Goodman, a nationally syndicated expert on financial planning issues; Barry Picker, CPA/PFS/CFP and author of the Guide for Retirement Distribution Strategies; Tom Anderson, known as Americas expert on self-directed IRAs. They will teach investors and professionals about their retirement investment options and share numerous investor success stories. Professionals in attendance will learn powerful marketing techniques to help them incorporate alternative assets and self-directed IRAs using YouTube, Twitter and LinkedIn from Robyn K. Levin, marketing advisor to entrepreneurs and author of the Cocktail Napkin Marketing Plan.

Business start-ups attract capital with IRA Funds

Financial, Legal & Real Estate Professionals Discover a New Niche with Self-Directed IRAs

Why Limit Your IRA or Pension Plan to Stocks, Bonds and Mutual Funds?

San Francisco, CA (PRWeb) March 18, 2008 - Rollover or transfer your IRA or 401(k) to invest in real estate, notes, private equity, hedge funds and more with a self-directed IRA. Professionals and experienced investors will learn how to leverage more retirement investing options, and how to accelerate tax-free and tax-deferred wealth at PENSCO Trust's industry leading event in Dallas on May 29 and 30.

IRA custodian PENSCO Trust has helped over 35,000 clients truly diversify their retirement funds into alternative assets with self-directed IRA investing. Only 2% of investors are taking advantage of these little-known strategies either due to lack of knowledge or misinformation from confused professionals. Roughly 75% of Baby Boomer retirees roll their 401(k) retirement funds into IRAs and are often perplexed about their choices. Now is the time to learn important self-directed IRA rules to build retirement wealth and avoid big penalties.

Network with your peers and learn about new opportunities that yield above-average returns. This event is for professionals & investors who crave content and want to learn from the masters in the industry. Sign-up online at PENSCO Trust and take advantage of the BIG "early bird" special today. Seating is limited. Attendees will also receive over 12 hours of recorded MP3s on various topics including rules and regulations on self-directed IRAs.

• For more information call 866.818.4472.
• Please email Robyn Levin for sponsorship opportunities.

PENSCO Trust CEO and Founder Tom Anderson Speaks at Department of Labor Hearing

San Francisco, CA, August 25, 2007 - On July 31st, Tom Anderson, CEO and Founder of PENSCO Trust Company, provided oral testimony at the request of the Employment Benefits Security Administration Division of the Department of Labor (DOL) at a public hearing to discuss the feasibility and ramifications of the application of computer model investment advice programs for Individual Retirement Accounts and similar types of plans. Another discussion topic was restrictions on these advice programs allowing recommendation of proprietary products and the effect on the individual investors ability to obtain objective investment advice.

As an industry leader in the specialized market of self-directed IRAs and one of the industry experts with in-depth understanding of the IRS guidelines connected with these investments, Anderson was asked to provide perspective from his unique vantage point. Spokespeople from a handful of the major securities firms were in attendance as well. Andersons verbal testimony included his concern that any models developed provide the inclusion of non-correlated investments, such as real estate and other investments that do not track to the movements of standard financial markets, and generally provide better portfolio diversification with less short-term volatility.

• For more information about the DOL hearing from Andersons personal experience, visit www.selfDirectedIRA.com.

Secrets of Self-Directed IRA Investing Revealed at PENSCO Trusts Free Educational Event for Financial & Real Estate Professionals in Boston on September 20th 2007

San Francisco, CA, August 17, 2007 --(PR.COM)-- Self-directed IRAs are an enormous, overlooked source of capital for new business start-ups, hard money lending, real estate investing and more. This emerging $4.2 trillion IRA market is growing at $200+ billion per year, mostly from pension plan rollovers and 401(k)s into IRAs as baby boomers retire. This underserved market craves more retirement investment options beyond the stock market, and investors are actively seeking help from their advisors for new ways to allocate their assets for optimum diversification. PENSCO Trust Company, a leading custodian for self-directed IRAs, is hosting free educational and networking events for attorneys, real estate professionals, CPAs and financial planners to provide information about important rules and reveal hidden opportunities for tax-deferred and tax-free retirement planning using self-directed investing. The next seminar is Thursday, September 20th in Boston, MA.

Sixty-six percent of wealth creation in the U.S. has been through real estate and private equity, so why wouldnt you invest your IRA in what you know, says Tom Anderson, CEO and founder of PENSCO Trust. Only 2% of IRA investors have tapped into this emerging market, mostly due to lack of knowledge and awareness of the opportunity. Anderson blogs about self-directed IRAs at http://www.tomandersonblog.com.

• Advisors & Press: Reserve your seat at www.penscotrust.com/symposium. Pre-registration is required.

Rapidly Growing Self Directed IRA Custodian PENSCO Trust Hires President & COO Scott Rosebrook

San Francisco, CA, July 2, 2007 - Tom W. Anderson, CEO and Founder of the PENSCO Trust Company announces the hiring of Scott K. Rosebrook who joins the Company as President and Chief Operating Officer, effective July 2, 2007. Reporting to Anderson, Rosebrook will be responsible for the Company's daily operations. Anderson said PENSCO Trust is rapidly growing as one of the leaders in the self directed IRA and retirement account industry. Scott's broad financial services experience and demonstrated leadership in business origination, operations, and strategy will help us more quickly implement our growth initiatives including the development of strategic relationships that will be essential to our continued success in our dynamic market segment. I look forward to working with Scott in his new role at PENSCO Trust as we continue to grow the Company with our unique product offering providing knowledge, integrity and premier service to our clients.

Rosebrook joins PENSCO Trust most recently from SVB (Silicon Valley Bank) Financial Group, where he was Head of Corporate Development. Prior to SVB, he held a number of senior management positions at leading financial service and technology firms including Managing Director, Business Administration and Planning for TD Securities (USA) and also served on the Board of their registered U.S. broker-dealer. Previous to TD, Rosebrook worked at IBM in their Global Financial Services sector, delivering business consulting and technology solutions for straight-through securities processing. Before that, he spent 11 years at Bank of America holding roles as Managing Director and Head of Corporate Finance for the companys Global Corporate & Investment Banking group, a special assignment in the Office of the Chairman, and also led B of As business development activities for derivative products to large corporate clients as part of the Financial Engineering & Risk Management group. Rosebrook holds a B.S. degree in Economics with honors from Siena College, completed graduate studies in the Investment Management Program at the University of Londons London Business School, and has an MBA from the University of San Francisco.

PENSCO Trust Helps Investors Expand their IRA Investment Options to include real estate, notes, private businesses and more with self-directed IRAs

San Francisco, CA May 11th, 2007 - PENSCO Trust Company, the forerunner in advanced education for Self-Directed IRAs, has launched a new series of FREE mini-symposiums for attorneys, real estate professionals, CPAs and financial advisors who want to tap the emerging self-directed IRA market. The seminars explain how advisors can deliver what IRA and 401(k) holders are asking for little-known alternative investment opportunities in private equities and real estate. The exploding self-directed IRA market is expected to hit the $5.6 trillion mark by 2011.

Roughly 75% of Baby Boomer retirees roll their 401(k) retirement funds into IRA accounts, and are begging their advisors for help truly diversifying beyond the default choice of stocks and bonds. The next 2 seminars are on Thursday, May 17th in Dallas, Tx and on Thursday, June 14 th in Hasbrouck Heights, NJ. Visit PENSCO Trust to register for this industry-leading event.

Self-Directed IRAs are an Untapped Opportunity for Many Financial and Real Estate Professionals.

• Tom Anderson blogs about self-directed IRAs at www.selfDirectedIRA.com.
• Advisors & Press: Reserve your seat at www.penscotrust.com/advanced_ed.
  Pre-registration is required.

PENSCO Trust Hosts Educational Event on Self-Directed IRAs , Free to Financial Advisors, Attorneys, CPAs & Real Estate Professionals

SAN FRANCISCO , CA - PENSCO Trust Company, the forerunner in advanced education, has launched a new series of free mini-symposiums for tax attorneys, real estate pros, CPAs and financial advisors who want to tap the emerging self-directed IRA market. The seminars explain how advisors can deliver what IRA and 401(k) holders are asking for safe and savvy, but little-known investment opportunities in private equities and real estate.

The exploding self-directed IRA market is expected to hit the $5.6 trillion mark by 2011. Roughly 75% of Baby Boomer retirees roll their 401(k) retirement funds into IRA accounts, and are begging their advisors for help truly diversifying beyond the default choice of stocks and bonds.

The next seminar is Thursday, Feb. 22nd at the Hyatt Regency, Irvine.

Untapped opportunities for financial and real estate professionals

• Tom Anderson blogs about self-directed IRAs at www.selfDirectedIRA.com.
• Advisors & Press: Reserve your seat at www.penscotrust.com/advanced_ed.
  Pre-registration is required.

Self-Directed IRA Free Event by PENSCO Trust Company will be Held in Fort Lauderdale, Florida on April 19th, 2007

San Francisco, CA March 21st, 2007 - PENSCO Trust Company, the forerunner in advanced education for Self-Directed IRAs, has launched a new series of FREE mini-symposiums for attorneys, real estate professionals, CPAs and financial advisors who want to tap the emerging self-directed IRA market.

The seminars explain how advisors can deliver what IRA and 401(k) holders are asking for little-known alternative investment opportunities in private equities and real estate. The exploding self-directed IRA market is expected to hit the $5.6 trillion mark by 2011. Roughly 75% of Baby Boomer retirees roll their 401(k) retirement funds into IRA accounts, and are begging their advisors for help truly diversifying beyond the default choice of stocks and bonds.

The next seminar is Thursday, April 19 th in Ft. Lauderdale, FL. Visit PENSCO Trust to register for this industry-leading event.

Self-Directed IRAs are an Untapped Opportunity for Many Financial and Real Estate Professionals

• Tom Anderson blogs about self-directed IRAs at www.selfDirectedIRA.com.
• Advisors & Press: Reserve your seat at www.penscotrust.com/advanced_ed.
  Pre-registration is required.

Self-Directed IRA Events Launched by PENSCO Trust Company

San Francisco, CA March 9th, 2007 - PENSCO Trust Company, the forerunner in advanced education for Self-Directed IRAs, has launched a new series of free mini-symposiums for attorneys, real estate professionals, CPAs and financial advisors who want to tap the emerging self-directed IRA market.

The seminars explain how advisors can deliver what IRA and 401(k) holders are asking for little-known alternative investment opportunities in private equities and real estate. The exploding self-directed IRA market is expected to hit the $5.6 trillion mark by 2011. Roughly 75% of Baby Boomer retirees roll their 401(k) retirement funds into IRA accounts, and are begging their advisors for help truly diversifying beyond the default choice of stocks and bonds.

The next seminar is Thursday, March 15th in Bellevue, WA. Visit PENSCO Trust to find an event near you.

Self-Directed IRAs are an Untapped Opportunity for Many Financial and Real Estate Professionals

• Tom Anderson blogs about self-directed IRAs at www.selfDirectedIRA.com.
• Advisors & Press: Reserve your seat at www.penscotrust.com/advanced_ed.
  Pre-registration is required.

UNCLE SAM GIVES SELF-EMPLOYED PROFESSIONALS A HOLIDAY GIFT - THE SOLO(k)

PENSCO Trust Offers an Easy Way to Start a Solo(k)

With the new Solo(k), and Roth component, solo practitioners and husband-and-wife-owned businesses get tax-free growth, the ability to borrow from their account and more choices of investments. And theres still time to set up a Solo(k) retirement plan for 2006 simply complete the plan documents before December 31 and fund it later.

PENSCO Trust Company, a special asset custodian for self-directed IRAs and Solo(k)s, has opened over 40 accounts in the last two weeks. Tom Anderson, president and CEO of PENSCO Trust says the reason for the surge of volume is simple, Savvy investors are discovering the new tax benefits afforded by the Solo (k) and are taking control of their retirement.

As a small business owner you can contribute up to 25% of earnings for a maximum of $44,000 to a SEP/IRA in 2006. But when you take the same contribution, plus an additional $5,000 for those over 50, and open a Solo(k) instead, you get new investment flexibility and tax advantages not available through IRAs and SEP/IRAs. In most cases, your Solo(k) contributions are tax-deductible and grow tax-deferred. With the possibility of contributing up to $15,000 on an after-tax basis through a Solo (k), regardless of your income (unlike the Roth IRA), small business owners can now enjoy the benefits of building wealth through tax-free savings.

Have you missed out on the Roth IRA because you made too much money? Well, now you can get Roth benefits and more with a Solo(k).

Big Benefits with the Solo(k)

If you are self-employed and have no employees (other than a spouse) or part-time employees that work less than 1,000 hours per year, consider opening a Solo (k).

• For more information on beating the 12/31/06 paperwork deadline for a 2006 Solo(k) account or for a comprehensive list of traditional IRA, SEP and Solo (k) contribution deadlines, call 866-818-4472.

Boomers Flock to Self-Directed IRAs - and Clamor for Help Investing Retirement Funds in Real Estate

SAN FRANCISCO, CA - September 13, 2005 - Once a fraction of the $3.7 trillion IRA market, self-directed IRAs are now the fastest growing segment. Roughly 75% of new retirees roll their 401K retirement accounts into IRAs they control and can diversify beyond stocks and bonds. "Most of this country's wealth is in real estate and small business ownership," says Tom Anderson, founder of PENSCO Trust Company, the only US firm dedicated to the administration and custody of self-directed IRAs. "And investors over 40 are clamoring for the tax benefits of holding their tangible assets in IRA accounts."

The ability to invest IRA funds in real estate is an unintentional secret, with few financial professionals well-versed in the process. Investors are often furious to belatedly learn that it's possible, asking why their CPA or financial planner didn't offer it as an option earlier. The money management community, including tax attorneys, real estate professionals, CPAs and financial planners, holds the myth that it's too complicated, but San Francisco-based PENSCO Trust debunks the theory with the nation's first ever self-directed IRA symposium for professionals. By attending presentations and panel discussions by world-class tax, investment and real estate experts, financial advisors will gain the information they need to expand their services and accommodate their clients' demand for real estate and private equity investments. The media is welcome to attend this important event.