First Trust Retirement, a provider of alternative investment holdings for self-directed IRAs, has added MVP REIT to its provider line-up.
The publicly registered, non-traded REIT hybrid, is now available through First Trust Retirement's IRA, Roth IRA, and Simplified Employee Pension Plan (SEP) accounts.
With the additions, the First Trust line-up now includes more than 20 product sponsors offering select alternative investments not typically available through mutual fund and brokerage-offered IRAs, including non-traded REITs and Business Development Companies.
"We're pleased to see a product manufacturer like MVP REIT join the First Trust line-up," says Larry Kiefer, vice president of business development at DST. "It's a win for everyone involved - advisors gain access to a wide variety of investment options and the sponsors are able to round out their product offerings on DST's platform.
"Financial advisors are looking for products that generate absolute return with lower volatility, and First Trust enables them to spend less time, less effort, and less cost finding alternative investments for their clients' IRAs.”