How WealthBlock Facilitates Investments Using a Self-Directed IRA with "Mind-Blowing" Speed
CalTier Realty Fund talks about WealthBlock's ease of use and how it's helping them streamline investing for investors using a self-directed IRA.
Video Transcript
Matt Belcher: You know, we, we, we found WealthBlock we were talking to you, Seth, and we, we, you onboarded us. You guys did a fantastic job, you know, at that time I just thought, okay, these guys have a great technology platform, right? It's really easy for our investors. Because again, at the end of the day, all I'm looking for is path of least resistance, right? If it meant going out on the street and holding up a banner to help people get into what we're doing, I would do that. But that's not how it works today, right? We know that people want to do it from their phones at home while they're having dinner, whatever, whatever, hopefully that hopefully they've got their phones down during family dinner time, but you get my point. So we, we, you know, we, we jumped on the platform and immediately we saw an uplift, right? So that was the first thing. I mean, it's just ease of use super easy to use. And then you know, then we saw, and I think you communicate to us that, "Hey guys, we're connected with these guys called Alto." And of course we do know the custodians of, you know, the self-directed IRA custodians, but it's a messy, it's a slow, complicated process. And I was blown away by how simple it was for an investor to come on our platform. Let's take an example. I don't want to take any thumb to here, but let's take an example of somebody who's, doesn't have a self-directed IRA, but has an existing one they can register on, on, on CalTier's platform, which is on sitting on WealthBlock. They can say, "Oh, I didn't even know I can do this." They can register, create an account, create an Alto account, transfer money, put it into a self-directed IRA, and invest into our fund. I mean, it's in 10 minutes, it's mindblowing to me. And that to me is just, you just took away all the barriers to entry for an investor to participate in the most tax efficient way, which obviously, James is the expert on that. But, you know, from my knowledge, it just, it's just it's it's I hate to say this term, but it is a no-brainer in that respect.
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We recently partnered with Wealthblock to develop and launch a client portal tailored to our specific needs. Our primary goal was to provide our clients with a seamless way to view their investments and access a secure document center. Wealthblock surpassed our expectations by crafting a portal experience that was perfectly tailored to our preferences, with customized functionalities unique to our business. One of the standout features they helped us implement was the ability to calculate a combined, multi-fund, IRR (internal rate of return), which was a significant project for us. Additionally, we have greatly benefited from the clean Know-Your-Client (KYC) form integrated into the new portal.Deji and his team have been exceptional in their responsiveness, always quick to address any questions we had. They dedicated a great deal of time to ensure we received exactly what we needed. We are very pleased with the results and recommend Wealthblock for their expertise and outstanding service.
Perry Schultz
Partner Operations, Ewing Morris