Invest with Split Rock Directly

By investing with us directly (as a Split Rock Private Trading & Wealth Management client) we are able to offer you an entire array of financial products and services. We run various specialized models including our 100%-equity Bakken & U.S. Energy Shale Model, our Equity & Commodity Rotation Model, and our Fixed Income/Bond Model. We also run portfolio builder models which focus on growth, preservation, and/or stability based on a client's specific needs. If you would like to learn more about investing with Split Rock, please talk to one of our professionals today.

 

Invest with Split Rock / Interactive Brokers

Interactive Brokers is an online clearing firm used by financial professionals. Split Rock uses Interactive Brokers as a distribution channel for its clients. Through Interactive Brokers, investors can have their financial professional allocate funds to be invested in one of our 100% - equity models (Equity & Commodity Rotation Model, Bakken & U.S. Energy Shale Model, Equity Income Model).

 

Individual Investment Account

This is a traditional investment account either owned by one person or multiple people in a joint account. There are no IRS rules as to how much you can put into this account or when you can take it out. You can take money out of this type of account whenever you want without penalties. We can use any investment in this type of account (stocks, bonds, mutual funds, UIT’s, etc.). When you sell a position in an individual account, you will be taxed on a capital gain (Short or Long Term) basis. Capital gains tax rates are usually less than income tax rates. There is extreme flexibility with these types of accounts.

 

Traditional IRA

Money goes in pre tax which you can deduct off your taxes, comes out after 59.5 yrs old and you pay income taxes on every dollar that comes out. Before 59.5, there is a 10% IRS penalty and taxes. At 70.5 yrs old, you have to start taking money out of an IRA on an annual basis according to a formula by the IRS.

 

Roth IRA

Money goes in “after tax” and comes out completely tax free after 59.5 yrs of age. Investors can always get at their contributions without tax or penalty at any age. SEP IRA This is for a self employed person (SEP). The same rules apply to SEP IRAs as Traditional IRAs as far as taxes are concerned.

 

Simple IRA

A Simple IRA is an IRA utilized by small businesses. All contributions into a Simple IRA come through the payroll from the employer (sometimes referred to as a poor man’s 401k). For employers, it is less expensive than a 401k and can accomplish almost the same things. Simple IRAs are perfect for small businesses. They follow the same rules as Traditional and SEP IRAs (as far as taxes). Employers will match, dollar-for-dollar, employee contributions up to a certain amount.

 

Pension/Profit Sharing

A Profit-Sharing plan is a plan setup by an employer that states that if there is a certain profit earned, each employee will share in that profit and a % of that profit will be put into their personal accounts.

 

Solo 401k

A Solo 401k is another type of plan for a self-employed person. You can contribute up to $55,000 into this type of plan. It is for a one-person business. The same tax rules as Traditional, SEP, and Simple IRAs apply.

 

Business (LLC)

Businesses/LLCs can open business investment accounts and add money to them just like in Individual Investment Accounts. They are setup in the business’ name and are a great way to create wealth.

 

Business (Partnership)

Businesses/Partnerships can open business investment accounts and add money to them just like in Individual Investment Accounts. They are setup in the business’ name and are a great way to create wealth.

 

Business (Corporation)

Businesses/Corporations can open business investment accounts and add money to them just like in Individual Investment Accounts. They are setup in the business’ name and are a great way to create wealth. Trust A client can setup a Trust account (an Individual Investment Account owned by a trust). Within a Trust, all assets owned by the trust will flow down to the Trust account where we can invest it any way the client chooses.

 

Trust - Individual Investment Account owned by Trust

Same as Individual Invesment Account above.

 

Coverdell Education Savings

A Coverdell Education Savings account is an education-related account that allows adults to save for minors for their education. There are rules that apply to how this money can be used and for whose benefit it can be used.