Alto’s Satz On Delivering Alts To Retirement Accounts

Eric Satz, CEO, AltoIRA met with Julie Cooling, Founder & CEO, RIA Channel to discuss discuss how his new firm is making it easier to add alternative investments within IRA accounts. Alternatives, in this case defined as any non-publicly traded investment, have historically been shut out of traditional retirement plan accounts. In the past, investors looking to use a self-directed IRA to access venture capital or real estate opportunities may have a hard time finding a facilitator. AltoIRA acts as the administrator for alternatives, “just as Turbo Tax does for self-filers,” explains Satz. Beyond just facilitating the initial investment, Alto also tracks the ongoing performance and helps transition the data into client statements. The Alto® platform aims to make an otherwise time consuming and difficult process, accessible and simple to execute. According to Satz, less than 1% of the $30 trillion sitting in retirement funds are currently tapping into alternatives. Satz believes his tech driven platform has the power to raise that percentage substantially. To learn more on this topic, head here.