Institutional/Program IRAs
Current Program IRAs
Sterling Trust offers Program IRA arrangements to investment sponsors that have a publicly-registered investment program for its investors. Through this arrangement, your investors receive the IRA administration and custodial services for their Traditional, Roth, SEP or SIMPLE IRA account.
Our Program IRA arrangement gives investment sponsors the advantage of having an established relationship with an experienced IRA provider that knows and understands their investment products. In return, your IRA investors receive a competitive fee and a host of value-added services and features. Moreover, our recognition as an industry leader, coupled with our 25-year history of successfully working with the independent broker dealers, RIAs and other financial professionals, can pave the way for your investment product sales.
Sterling Trust acts only as a passive IRA custodian and does not provide financial advice or sell investment products. Our full focus and attention is on delivering high quality, accurate services tailored to meet the needs of you and your IRA investors.
Program IRA Services and Features
For SPONSORS:
- Custom IRA forms for the opening of your investors’ IRA accounts. You can even place your custom forms on LaserApp if you desire
- A custom PROGRAM IRA webpage hosted by Sterling Trust with links to your Program IRA forms and web access feature for your investors, the BD selling rep and you
- Web access that lets you view the status and transaction processing of your Program IRA accounts
- Flexible billing options that allow the investment sponsor to pay the first-year or annual IRA fees, if desired
- Reduced IRA fees for you and/or your investor
- Working with an established, recognized industry leader that understands your investment products
For Your INVESTORS:
- Complete investment flexibility for the investor to hold your publicly-registered and private placement investments (if desired) as well as any other publicly-offered investments such as mutual funds, annuities, public LPs and any clearing firm account (for stock trading)
- No transaction or holding fees for publicly-registered investments – a huge savings compared to fees charged by some clearing firms
- 24/7 web access via Sterling ONLINE for the investor, representative and you to view account activity
- Ability to handle dividend reinvestments or cash payments paid by you or your transfer agent
- Flexible distribution schedules when an investor needs to begin withdrawals from the IRA
- Ability to handle dividend reinvestments or dividend payments paid by the investment
- Flexibility to direct cash dividends to another investment held within the IRA