Investment Options: Traditional IRAs generally restrict investments to standard financial products like stocks, bonds, and mutual funds. In contrast, SDIRAs offer a broader range of investment possibilities, including real estate, private equity, precious metals, and more alternative assets. SouthStar Bank will serve as a Limited-Passive custodian to this account meaning we will oversee the account’s compliance and monetary transactions while allowing the account holder to make investment decisions without direct oversight.
Control: SDIRAs provide greater autonomy for investors, allowing them to directly choose and manage their investments.
Custodians: SDIRAs are held by specialized custodians, such as SouthStar Bank, who facilitate alternative investments.