Tagged: ira

October 15, 2023 @ 9:45 pm By Omar Faridi  |  

SoFi (NASDAQ:SOFI), the all-in-one digital personal finance company, announced SoFi Invest will offer a 1% match on all eligible IRA (individual retirement account) contributions. This comes as a new survey also out from SoFi “unveils American’s top financial ambitions including: creating or sustaining generational wealth,… Read More

July 19, 2023 @ 10:11 pm By Omar Faridi  |  

Alto, a self-directed IRA custodian and platform that enables individuals to invest in alternative assets using their retirement funds, announced its new partnership with crypto exchange Coinbase (NASDAQ:COIN). All Coinbase One members that open an Alto CryptoIRA account “will enjoy a 1% match (up to $100)… Read More

July 2, 2023 @ 2:31 pm By Omar Faridi  |  

Alto, a self-directed IRA platform that enables individuals to invest in alternative assets using their retirement funds, announced the appointment of Scott Harrigan as CEO of Alto Securities and Oliver Plattner as Chief Product and Technology Officer. Before joining Alto, Harrigan was previously “the CEO… Read More

April 26, 2023 @ 10:47 pm By Omar Faridi  |  

Alto, a self-directed IRA platform that enables individuals to invest in alternative assets using their retirement funds, announced “a breakthrough solution that makes it easy for issuers to raise capital by tapping into the more than $10T held in IRAs.” The Alto platform “simplifies raising… Read More

February 26, 2023 @ 4:55 pm By Omar Faridi  |  

We recently caught up with Eric Satz, CEO of IRA platform Alto, in order to discuss why alternative assets are the new bonds when it comes to portfolio diversification. As the head of a self-directed IRA that enables individuals to diversify their portfolios using retirement… Read More

February 7, 2023 @ 3:40 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA), along with the SEC Office of Investor Education and Advocacy, and the Financial Industry Regulatory Authority (FINRA), have published an Investor Alert cautioning individuals on Self Directed Individual Retirement Account (IRAs) that enable investors to select assets that may be… Read More

January 12, 2023 @ 10:13 am By JD Alois  |  

Robinhood (NASDAQ:HOOD), has announced the availability of its new retirement product. The new service was revealed last year, and the digital brokerage launched a waitlist with names now said to be over 1 million customers. Perhaps the most interesting aspect of the retirement product is the… Read More

January 4, 2023 @ 3:55 pm By Omar Faridi  |  

AltoIRA notes that December is a “hectic” time of year. Between buying the right gifts, making holiday party appearances, and visiting with family, you’d be forgiven if your “top concern” isn’t maximizing your IRA contributions. According to AltoIRA, end-of-year IRA contributions are “something you should… Read More

December 6, 2022 @ 8:52 am By JD Alois  |  

Robinhood (NASDAQ:HOOD), a social investment platform that combines traditional and digital assets, has announced a new retirement offering. According to a blog post, Robinhood Retirement is available today via a waitlist that provides a 1% match minus an employer. In traditional retirement services provided via… Read More

March 23, 2022 @ 2:40 pm By Tony Zerucha  |  

Rocket Dollar, an investment platform allowing individuals to invest in alternative assets, unveiled a rearchitected API-enabled platform as it tops $650 million of assets. Mike Panzarella, who was most recently Block’s (previously known as Square) deposit operations lead, will serve as Rocket Dollar’s chief technology… Read More

February 15, 2022 @ 6:06 am By Omar Faridi  |  

Alto Solutions, Inc., the self-directed IRA platform making it easy and affordable for individuals to invest in alternative assets via tax-advantaged retirement funds, has announced the company’s partnership with Prosper Marketplace, Inc., an online marketplace for consumer loans. Users of the Alto IRA platform may… Read More

January 5, 2022 @ 10:10 pm By Tony Zerucha  |  

Alto, a self-directed IRA platform for individuals seeking to invest in alternative assets using tax-advantaged retirement funds, today announced the successful close of a $40 million Series B funding round. Advance Venture Partners was the lead on this round of funding, with additional participation from… Read More

November 17, 2021 @ 9:48 am By JD Alois  |  

Directed IRA reports that over $40 million has been dedicated to the Gemini Crypto IRA Solution in the first 5 months. IRAs or individual retirement accounts, shield investors from taxes until the money is removed from the account. Somewhat similar to a 401K, IRAs can… Read More

November 13, 2021 @ 6:42 pm By Omar Faridi  |  

Alto Solutions, Inc., a self-directed IRA platform that makes it easier for people to make investments into alternative assets via tax-advantaged retirement funds, announced on November 11, 2021 that Alto CryptoIRA has managed to surpass 100 crypto coins and virtual tokens. As mentioned in an… Read More

October 9, 2021 @ 12:32 pm By Omar Faridi  |  

Alto Solutions, Inc., the next-gen self-directed IRA platform that aims to make it easier to invest in alternative assets using retirement funds, reveals that it will be removing the monthly account fee for all CryptoIRA accounts. As mentioned in an update shared with CI, this… Read More

August 20, 2021 @ 10:04 am By Omar Faridi  |  

Alto recently named Amin Dabit as their Chief Operating Officer Dabit has joined the next-gen alternative investment IRA custodian amid “significant growth” according to an update and detailed discussion with Crowdfund Insider on Thursday (August 19, 2021). Alto Solutions, Inc. (Alto), the next-gen self-directed IRA… Read More

April 20, 2021 @ 10:49 am By Samantha Hurst  |  

  Alto Solutions, Inc. (Alto), a U.S.-based self-directed IRA platform making it easier for individuals to access and invest in alternative assets using their retirement funds, announced on Tuesday it raised $17 million through its Series A funding round, which was led by Unusual Ventures,… Read More

April 8, 2019 @ 3:44 pm By Samantha Hurst  |  

Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors, and individuals, announced on Monday the launch of a new digital Application Programming Interface (API) functionality, which enables investment platforms and advisor systems to seamlessly integrate with Millennium Trust’s custody services. Millennium… Read More

March 6, 2019 @ 8:20 am By Samantha Hurst  |  

Alto, a technology platform for investors to add alternative assets to IRAs,  announced on Wednesday it secured $2.8 million through its seed round in order to expand its offering and integrate additional investment platform partners. The new funding brings Alto’s total funding raised to $3.8… Read More

November 29, 2018 @ 2:50 pm By JD Alois  |  

Silicon Prairie, an intra-state investment crowdfunding portal, says it is the first platform to link blockchain based distributed ledgers under an “Initial Crowd Offering model” and now allows the ability to invest with a Self-Directed Individual Retirement Account (SD-IRA) via a partnership with AltoIRA. The… Read More