You can refer us, customers, to easily get retirement checks or use our Rocket Dollar API to create a smooth website experience.
Accelerate funding! Cash is only a small portion of the investable assets of your customer base.
The average American holds a significantly higher amount of dollars in retirement assets than in cash. If you are successfully pulling in cash through your platform, you would likely be able to attract more dollars. This means more deals funded, more attached clients, and less time and money spent to acquire new dollars.
How does checkbook control help my clients and help me get more money faster?
In the self-directed retirement industry, many of our competition helps clients by holding their assets directly. At Rocket Dollar, we set up an LLC and a bank account to give the client more control over their assets and custody.
- Avoid lengthy and tedious deal reviews - your client simply approves the investment as the manager of the LLC, so no hassling Rocket Dollar to approve deal paperwork.
- Your client retains more control over their assets. As manager of the LLC, the client has the final say in how to utilize and deal with the asset without a third party interfering.
- No per investment fees - Because of the streamlined approach of the IRA LLC, the customer simply pays one monthly fee ($15 for Silver and $30 for Gold) no matter how many investments they make in the account.
What about a deal review process and how do I get on the Rocket Dollar platform? How does the asset I'm offering up for investment in get custodied?
At Rocket Dollar, the deal review process is up to the customer and their LLC or Solo 401k retirement trust. As the managing member of that LLC entity inside the IRA, the customer is the one making the investment decisions. No interference, or fumbling with sub docs with parties unfamiliar with the investment! The partner bank account purchases the investment in the name of the LLC or trust and sends the check to you in the direction of our new mutual customer.
Deal reviews to custody an asset in the self-directed space are often not about the soundness of the investment or any fiduciary duty the customer, but whether the custodian wants to actually do the work to hold the asset on their books.
Partner API, Technology, and simplicity for you and your clients
We continue to work on partnerships and synergies to make our clients' account management and ability to access the Self-Directed IRA smoother, quicker, and hassle-free. Our partner API is now available, with the goal of being able to fund an alternative investment not with cash, but with a retirement account at the click of a button.
As financial technology has accelerated, clients and partnerships deserve an experience with as little friction as possible. Self-directed investments should not have a hard barrier to entry. Rocket Dollar was founded to expand access to self-directed investments for the masses.
What if implementing an API is too much work for my team right now?
Don't worry. We have plenty of lower-tech pull methods that we can work on for our mutual customers. We want to be able to track clients, referrals, and lesson friction for your customers funding your assets or deals.
Partner Team Management
With our Partnership team, we want to provide support and technical resources to further develop a successful partnership, including priority customer service and easy access to our partner API.
Don't wait years for the biggest stock and bond brokers to approve your product for retirement accounts.
If you have been watching the trials and tribulations of the Bitcoin ETF, or have ever tried to negotiate with compliance to get your investments on a traditional Wall Street finance platform, you know that this can be a frustrating, endless, and often fruitless endeavor. The biggest stock, bond, and mutual trading platforms are usually not interested in adding anything that they cannot charge AUM fees on or that would distract from their core offerings; otherwise, they would have to take the time to train extra compliance staff.
A Rocket Dollar Account can access almost any investment in a retirement account. You know your investment products, your customers know your product, and we are happy to provide a link.