Alto IRA attracts investors because it offers many alternative investment options, and the platform is easy to use.
Alto IRA
- Institutional-grade security
- Excellent customer reviews
- Invest in multiple asset classes
- Tax-deferred savings
- Cryptocurrencies are volatile
- Must trade inside your IRA
Is Alto IRA safe, and can you trust the company with your money? Planning for your future is a challenging process, particularly when it comes to finding a secure platform.
You’ve probably stumbled across Alto IRA while exploring different investment options. Alto is a well-known company that helps you plan a secure financial future by diversifying your retirement portfolio.
Continue reading our full Alto IRA review to learn about the variety of options for investors.
What is Alto?
Alto IRA aspires to be accessible to all investors. The founder, Eric Satz, launched the company in 2017 with the goal of creating a platform for people wanting to take advantage of alternative investment options for their retirement plans.
Before launching Alto, Eric Satz wanted to use his personal IRA funds to invest in a business. It was a complicated and lengthy process. This led to him developing a startup that let people leverage their IRAs without all the complications.
With the Alto IRA service, you can invest in alternative assets, and choose from over 200 cryptocurrencies. The crypto IRA service lets you diversify your portfolio to help you save for retirement and your future.
Alto offers investors assets that aren’t available in public markets. Alto is an attractive proposition for investors because it has a secure platform, and upholds values such as:
- Equality
- Transparency
- Honesty
- Respect
Alto Services
Alto provides two primary services to its clients: a traditional IRA and a crypto IRA. There are similarities and differences between these services. Alto doesn’t charge account or custody fees, but there is a charge for closing an account.
Keep in mind there are other charges, including trading fees of 1%. You don’t need to stress because Alto fully discloses any costs. Moreover, I like that the Alto IRA service has made it easy to buy and sell cryptocurrencies via my mobile phone.
Here’s an overview of Alto’s traditional and crypto services.
Alto IRA
Alto IRA is the more popular investment option on the platform. Alto IRA is a great way to diversify your portfolio by investing in assets with returns that change in correlation with the stock markets.
You’ll have the potential for outsized tax-free and tax-deferred returns. Alto IRA fees are reasonable. After you create an account with Alto IRA, you can roll over funds from other sources without additional charges.
These include:
- Another IRA
- Your 403(b)
- A 401(k)
- Other investment accounts
Alto IRA has partnered with many organizations and companies, including Coinbase. So, you have a variety of assets to invest in. You can choose assets that interest you, such as artworks, real estate, business startups, infrastructure, farmland, and more.
Alto, a self-directed IRA custodian, is on a mission to provide everyday Americans the same investment opportunities long favored by wealthy and institutional investors.
Alto CryptoIRA
Investing with Alto Crypto IRA offers effective tax advantages when you trade cryptocurrencies. Once you create your crypto IRA account, you’ll have access to more than 200 cryptocurrencies with many advantages and applications.
Alto Crypto has an extensive selection of 204 coins for you to choose from. With Alto Crypto, you can invest in Bitcoin, Ethereum, Polygon, Cardano, and more. Alto Crypto has a $320 million insurance policy to protect those who use its Crypto IRA service.
This insurance policy is a safeguard against cybercrime and the loss of cryptocurrencies. You can roll over any funds in other qualifying accounts, such as another IRA or your 401(k), for zero additional fees. Other fees are reasonable.
In addition, the company offers two-factor authentication to ensure the protection of your digital assets.
The Alto CryptoIRA can only hold cash and provides access to buy, sell, and hold cryptocurrencies through the Coinbase exchange. Open an account today!
Alto Fees & Minimums
| Setup fee | $0 |
| Account fee | $10/mo or $100/yr |
| Minimum investment | Varies by investment ($10 for crypto) |
Who Should Use Alto?
If you’re looking to diversify your retirement portfolio, Alto is an option to consider. It is more accessible for investing in alternative assets than traditional IRA sources.
Other people who may benefit from the service include:
- Investors who don’t want to touch their investment over the long term
- Self-directed investors
- Alternative asset investors
You don’t have to fit into one of the above categories to use Alto IRA. Creating an account on the Alto website is a good way to get a feel for the platform and learn how you could leverage it.
Investing with Alto is straightforward, with no hidden fees. In addition, you’ll have access to a support center that features plenty of helpful resources. You can learn more about investing and get assistance whenever you need it.
Getting Started with Alto
The founder of Alto wanted the site to be as intuitive as possible. So, starting to invest with Alto is a breeze. If you have an idea of your goals, follow these easy steps:
- Create an account by entering your details, including your email address. You must also choose a password for the digital investment platform.
- Select how you want to invest. Once you’ve verified your account, you can choose to go with Alto’s standard IRA or a crypto IRA. While you can invest with both IRA options, most users, especially the newcomers, choose only one to get started.
- Transfer funds from your IRA or 401(k).
- Start investing in alternative or digital assets. It’s a matter of picking names off the lists of Alto IRA’s partners or cryptocurrencies.
Should I Invest with Alto?
Whether you should or shouldn’t invest with Alto is up to you. Overall, investing with Alto is an excellent option for people who want to grow their portfolio and invest in different assets, including cryptocurrencies.
Alto IRA is a safe investment platform for people of all experience levels. It’s a trustworthy company to invest with and build your retirement account. If you think investing with Alto could benefit you and your assets, sign up today and start building your portfolio.
Alto FAQs
When it comes to investing your money, learning everything you can about a platform is vital. Check out some of the answers to the most frequently asked questions other interested investors ask after reading Alto IRA reviews:
Is Alto IRA safe?
Generally, Alto IRA is safe, even though it isn’t accredited by the Better Business Bureau. The company is a member of the SIPC as well as the finra.
These are reputable organizations, so you can feel confident the platform has been thoroughly vetted.
Who owns Alto?
Eric Satz is the founder and owner of Alto. He launched the platform in 2017 and privately owns the company under Alto Solutions Inc.
How does Alto IRA work?
Alto IRA allows online users to create accounts, invest in various assets, manage investments, and withdraw funds all in one place.
Is Alto Crypto IRA insured?
While Alto IRA has insurance, their Crypto IRA option does not have a FDIC license.
Where is Alto located?
Alto IRA company’s headquarters is in Nashville, Tennessee. It is an online investing platform that you can access anywhere.
Alto, a self-directed IRA custodian, is on a mission to provide everyday Americans the same investment opportunities long favored by wealthy and institutional investors.
