The Entrust Group and Venovate Marketplace Partner to Offer Smarter Alternative Investments
SAN FRANCISCO and OAKLAND, Calif., Jan. 29, 2014 /PRNewswire-iReach/ -- Venovate Marketplace, the platform for smarter alternative investments, and The Entrust Group, a pioneer in administering self-directed retirement accounts, today announced a partnership to make it easier for self-directed investors to find private placements through Venovate Marketplace™.
"We take pride in offering our clients the freedom to invest in a broad range of alternative assets," said Jason Craig, President of The Entrust Group. "Our goal is to educate our clients about their investment options, and then make it as easy as possible for them to self-direct their funds. With Venovate Marketplace, our clients can easily explore new opportunities, and invest in private equity with the simplicity of an online stock-trading platform."
Venovate Marketplace will offer accredited investors with Entrust accounts access to private equity and venture capital investments in early and mid-stage growth companies, natural resources programs, private debt securities, and other alternative investment opportunities. These investments can be made either in private equity and hedge funds, or in primary offerings of private placement securities.
The Entrust Group offers self-directed retirement accounts designed for individuals and small business owners. Unlike retirement accounts at banks or brokerage firms, self-directed IRAs allow for comprehensive portfolio diversification through alternative investments. Entrust clients enjoy additional benefits from unique educational opportunities, and innovative tools that help make self-direction simple and convenient.
"Venovate is proud to partner with an industry leader like The Entrust Group," said Michael Raneri, CEO of Venovate. "Entrust is committed to educating investors about the alternative strategies available with self-directed IRAs, and we are committed to making alternative assets more accessible. This makes Entrust ideal for a partnership with Venovate Marketplace."
"Many of our clients are accredited investors who are actively seeking new investment opportunities," said Craig. "Until now, the process of finding deals, comparing them, and directing an IRA investment online has been cumbersome. Venovate Marketplace changes all that."
Alternative investments are often a good choice for tax-qualified plans, however, investors should be sure that they understand and feel comfortable with the risks and tax consequences of any investment.
"Venovate Marketplace provides full disclosure and information on each deal," Raneri said. "These are sophisticated deals for accredited investors, so we even offer the ability to consult advisors and ask the sponsor questions." Investors should read the materials carefully and consult their own advisors before making investments.
About The Entrust Group: For over 30 years, Entrust has provided account administration services for self-directed retirement and tax-advantaged plans. Entrust can assist you in purchasing alternative investments with your retirement funds, and administer the buying and selling of assets that are typically unavailable through banks and brokerage firms. The Entrust Group does not promote any investments. Entrust provides the administration, information, and tools to make self-direction straightforward and compliant. We help you get started quickly and stay with you every step of the way.
About Venovate Holdings, Inc.: Venovate Holdings is the parent company of Venovate Marketplace, A FINRA broker dealer and SEC registered Alternative Trading System, which provides smarter investment alternatives to institutions, accredited investors, and their advisors via an online experience.
Venovate Holdings provides self-directed, accredited investors with investment opportunities through their FINRA-registered subsidiaries, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, and does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein.
Private security investments have inherent risks. An investor should understand these and additional risks before investing.
Venovate Marketplace is a member of FINRA and SIPC and an SEC Registered Alternative Trading System.
Media Contact: Michael Raneri, Venovate, 415 519 4906, firstname.lastname@example.org
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