Broad Financial

Contact Us


21 Robert Pitt Dr., Monsey, NY, 10952


About Us

Broad Financial was originally founded in October 2004 as a private real estate firm focusing on the development of residential, retail, and industrial real estate along the East Coast. Then in January 2009, our focus experienced a paradigm shift. The catalyst for that shift came in the form of a simple question.


When our partners invested their IRAs, they followed the well-trodden path to invest exclusively in Wall Street products, i.e. stocks, bonds, and mutual funds.


Because for years they had been ingrained with the notion that IRAs are limited to those types of investments.


When Broad Financial tried to diversify its IRAs into the world of real estate and other non-Wall Street investments, the answer came back in the negative.


The status quo continued until the market crashed in October 2008 and the standard IRA lost nearly 40% of its value. At that point Broad Financial became determined to regain control of the IRA platform, divest it from Wall Street, and allow investments in those areas experiencing positive earnings. In January 2009, the company established the system for upgrading an IRA into the self-directed format, and this blossomed into the complete self-directed platform that Broad offers today.

With this historical perspective, it’s easy to understand why the Ultimate Self Directed IRA and Solo 401(k) has the “killer app” that you’re looking for in a self-directed retirement plan. The feature of Checkbook Control provides incredible investment speed, agility, and choice of assets.

  • To provide your retirement account with a proper level of diversification, Checkbook Control allows you to move away from Wall Street. A self-directed IRA or Solo 401k with Checkbook Control can invest is real estate, private business, or just about any other asset.
  • To provide you with speed, Checkbook Control allows your IRA or Solo 401k to place investments by just writing a check. No lengthy authorization periods or finicky paperwork.
  • To provide you with economy, Checkbook Control gets rid all of the transaction and asset based fees. Your retirement account can invest like a professional without the professional fees.
  • The history of retirement investing has seen its share of ups and downs. But now the power is in your hands. With a self-directed IRA or Solo 401k you are finally in charge of your own prosperity.


How to Buy Real Estate with an IRA?

Checkbook IRAs and Real Estate

This new platform is known as the Checkbook IRA. It starts off the same way as a traditional self directed IRA with the opening of an account by a self directed custodian. The Checkbook IRA then takes it a step further by establishing a dedicated LLC for the IRA, and opening a checking account in the name of that LLC.

This two step process makes it incredibly easy and economical for an IRA to buy real estate. All the account holder has to do is make out a check (from the LLC’s checking account) for the desired property. The property is now owned by the IRA, and all without any fees or delays. If you are a small to midsize retirement investor, then in most cases the Checkbook IRA is the ideal platform to give your IRA the power to buy real estate.

Recommended By