Recent regulatory rulings have led to dramatic changes in the retirement advisory industry. Specifically, retirement advisors must now adhere to the fiduciary standard, meaning they must place the interests of their clients ahead of their own and those of their firm. As a result, many brokerage firms are exiting the IRA business. WestStar Wealth Management is and always has been a fiduciary advisor and has the expertise to help you manage your retirement accounts. When you have a WestStar Bank Managed IRA, you will have your own fiduciary portfolio manager following an investment strategy customized to your goals, investment style, and tolerance for risk. We will ensure all regulations are fulfilled and will help you calculate and withdraw your annual required minimum distributions (RMDs).
If you'd like more information about our IRAs or to discuss the ways we can facilitate a tax-free transfer or rollover of your existing retirement accounts, please contact us online or call us at (915) 747-1665.
Investment offerings provided by WestStar Bank's Wealth Management Division are not insured by the FDIC or any other federal government agency. Investment products are not deposits or other obligations of, or guaranteed by WestStar Bank or any affiliate of the bank and involve investment risks, including possible loss of value.