Steven Placke's Contact Details

Steven Placke's Company Details

Midland Trust Co.

Sioux Falls, SD, US • 100 - 249 Employees
Financial Services

Who is Midland?The Midland umbrella of companies is a leading custodial services provider focused on self-directed IRA accounts, 1031 exchanges and private fund custody services. In business since 1994, Midland is focused on providing clients with as many opportunities as possible to defer or eliminate taxes. With thousands of satisfied clients and Billions of dollars in assets under administration, Midland possesses the experience and knowledge to assist clients with their financial goals.Midland is an ESOP CompanyEmployee Ownership empowers its staff to pave the way for the future. In December 2019, Midland and its affiliates became employee-owned via the Midland ESOP Trust. Our employees have an entrepreneurial spirit which sets the company apart. The ESOP allows them to have a say in their company and share in the profit. As a result, employee-owners are adding to their retirement and building and diversifying their financial portfolios.What is self-direction?A self-directed IRA is not a type of IRA, but a little-known way to invest through your IRA. Self-direction allows the investor to expand their portfolio from the typical stocks and bonds available with most IRA companies. The IRS allows you to choose your own investments, such as real estate, futures, foreign currency (forex), notes (loans/mortgages), LLCs, precious metals, energy, or even movie deals! The possibilities of self-direction are endless.