Equity Trust History
Richard Desich Sr. began what would become Equity Trust Company by starting a federally regulated securities brokerage firm in 1974.
In 1983 Mr. Desich put together an investment that allowed his brokerage clients to use their IRA funds to invest in real estate directly. As a pioneer in the use of real estate IRAs, he became a prominent authority on the subject and word began to spread of the custodial services.
Realizing that a bank could offer more services to its clients in the future, in 2001 a bank/trust charter was applied for and subsequently granted establishing The Equity Trust Company.
Today Equity Trust is the nation's leading provider of self directed IRAs and 401ks with over 130,000 clients in all 50 states and over $12 Billion dollars of retirement plan assets under administration.
In addition to traditional retirement investments such as stocks and mutual funds clients at Equity Trust can diversify their retirement plans into assets such as real estate, private placements, notes, deeds of trust, tax liens, foreign currency and much more.
View the full story on how Equity Trust became what it is today.