Press
Release Summary: Sunwest Trust Inc. is a leading nationwide self-directed
IRA custodian located in New Mexico. Sunwest Trust, which manages
retirement funds for self-directed IRA investors, has continued
to expand despite the uncertainty on Wall Street. Sunwest is on
pace to experience the largest business growth in its twenty-one
years of existence.
Press
Release Body: ALBUQUERQUE, N.M.—October 18th, 2008 –
Sunwest Trust, Inc. the New Mexico Company that
acts as an escrow agent and self-directed IRA custodian, claims
the self directed IRA funds placed with their firm are FDIC insured
through local banks. Sunwest Trust further claims
that it is financially sound and is not directly affected by the
day-to-day volatility of the stock market. Since Sunwest Trust’s
clients are self-directed, their investments are under each client’s
direct control and are diversified in non-traditional assets,
which are not directly indexed to the ups and downs of the stock
market.
"With the current economic scenario being what it is, clients
are naturally concerned about the security of their retirement
money," says Terry White, CEO of Sunwest Trust."Large financial institutions including banks and lending
agencies failing at regular intervals make headlines in the print
and electronic media quite often, thus creating a suspicion in
the mind of the clients about the security of their investments,"
White adds.
Sunwest
Trust deposits the IRA funds received from its clients
into FDIC-insured banks. Although Sunwest Trust, Inc.
only requires a minimum account balance of $400, "with
the recent passage of the Financial Rescue Legislation this month,
Individual Retirement Accounts (IRAs) are now insured by the FDIC
up to $250,000 until December 2009,” says White,
CEO of Sunwest Trust, Inc., as he attempted to avert
growing suspicion among customers on the fate of their deposits.
Sunwest
Trust is currently serving 14,000 individuals and companies
and covering assets to the tune of $1 billion. "In August,
the company had a record-breaking month, in terms of opening new
accounts, and September is not far behind. The achievements during
both these months were higher than the previous record, which
was set in April, 2007," states Terry, projecting an
attractive picture of the company's achievements.
Company
management has very high expectations for making the current year
the greatest in its 21 years. The company also claims to have
achieved a growth rate of 15% annually and to have provided high-quality
services to its customers.
In
the world of finance, fortunes are often made in down markets.
One only needs to use foresight and fortitude to make the right
decisions in time. Retirement plans can succeed with diversification
plans. "The self directed IRA could well be one of the
best ways to achieve success with post retirement investments,"
adds White.
Although
the stock market may fluctuate and credit may tighten, it doesn't
mean that the avenues for lucrative investments are all closed.
Diversification continues to be paramount to a successful retirement
plan, and having a self-directed IRA may be central in achieving
this. For example, with real estate property values nearing all-time
lows,, this may be an excellent time to purchase property as part
of one's IRA.
About
Sunwest Trust, Inc.
Sunwest
Trust is an independently owned private company which offers self-directed
IRA custodian and escrow services. The company offers a huge range
of financial services providing post retirement benefits, private
mortgages, real estate contacts and other related fields for its
clients. FDIC insured banks back the self directed IRA funds of
their clients. For more information on the activities of the company,
please visit http://www.SunwestTrust.com.
2010
