Safety and security are very important to our clients, as well as to PM United.
When opening up a precious metals IRA account it is important to note that there are 3 entities involved. PM United will do most of the work and the heavy lifting. However, once your account is complete you will have your IRA custodian and your private precious metals depository as your servicing companies.
Precious Metals United has specifically hand-picked these companies for their security measures and procedures. We have done all the due diligence for you and have secured long-term relationships with these companies.
PM United is now one of the pioneer companies to have a Texas depository available!
Texas has been a state that historically has protected its rights, and has made many of its laws that are still in force today. Our clients feel very safe and secure knowing their Precious Metals IRA is held in the “six flags state” known as “ The Republic of Texas”. Lastly, the security and protection offered by the IDS located in Dallas, TX is unrivaled and unmatched!
Trusted Custodians We Work With:
New Direction IRA
Industry leader in account technology and client services
New Direction IRA employs over 70 employees and holds 2 billion dollars in IRA assets under administration. One of the founding principles of New Direction IRA, Inc. is to bring information about self-directed IRA investing out of obscurity and into the arena of common knowledge. New Direction employs an education-based business model with the goal of making the details of self-directed IRA investing transparent and accessible. New Direction IRA believes in empowering clients with the education they need, to confidently make knowledgeable investment decisions for their individual retirement account.
Strata Trust Company
150 years of combined experience in the self-directed IRAs
STRATA Trust Company is a national leader with over 150 years of combined experience in the self-directed IRA industry.
STRATA Trust Company was founded in 2008 as a wholly owned subsidiary of Horizon Bank, SSB. Formerly known as Self Directed IRA Services, Inc., STRATA has strategically realigned to support a broad range of investment professional partners in growing their IRA assets. We take pride in empowering investors to reach their retirement goals by providing administration and custody of alternative and traditional assets.
They provide complete investment flexibility beyond what most banks, brokerage firms and other financial institutions allow.
Trusted Depositories We Work With:
International Depository Services
Includes a Texas Depository Location
IDS provides American and international investors the choice of mitigating risks by storing precious metals in Delaware or Texas.
Both locations offer security-conscious clients protection of assets, as well as personal and professional information. IDS is staffed by professionals who have extensive precious metals, depository, security and banking experience. In addition, IDS of Delaware is a COMEX/CME-approved depository for all four metals.
IDS’s secure facilities are state-of-the-art and equipped with UL-rated, multi-redundant security systems monitored in real-time, 24/7 by off-site security specialists. Internally, IDS follows a best practices exacting protocol of control measures, including the implementation of stringent “dual control” including perpetual audits (internal and external) on inventory and “separation of duties” methodologies, when processing depository transactions.
All client assets are held in “custody.” As such, they are stored in client specific accounts, off of IDS’s balance sheet. In other words, they are held as bailment, and not as a deposit or consignment. Moreover, they are insured through an all-risk policy underwritten by Lloyd’s of London, the world’s leading provider of specialized asset insurance.
Delaware Depository – DDSC
State-of-the-art security systems and Class 3 vaults
Delaware Depository is an Exchange-approved, precious metals depository providing a full range of specialized precious metals custody, accounting and shipping services. Customers include IRA custodians, investment banks, brokerage firms, refiners, manufacturers, commodity trading houses, major retailers, coin dealers and individual investors.
Customer assets are stored in high-security vaults constructed and maintained in compliance with the Bank Protection Act and UL standards. They are equipped with time locks and automatic re-locking devices. Access is restricted and regulated by dual control procedures. Metal detectors monitor egress from high security areas. The entire facility is protected by numerous, redundant alarm and security devices that are independently monitored 24 hours per day, 365 days per year.
All activity in and around the facility is digitally recorded. To supplement experience, physical security and internal controls, Delaware Depository maintains $1 billion in “all-risk” insurance coverage. The current policy is underwritten by Lloyd’s of London and includes all risks of physical loss and/or physical damage, including mysterious disappearance and/or unexplained loss and shortage, employee dishonesty and theft. Loss or damage from fire, flood or other natural disaster is also covered.