NewswireToday - /newswire/ -
Oakland, CA, United States, 2011/12/27 - The Entrust Group announces it will end its franchise program. The decision to no longer maintain this program was reached in August 2011 by a consensus of the advisory board of Franchise Owners and the board of directors of The Entrust Group, Inc.
The Entrust Group, the industry leader of administrative and record keeping services for self-directed IRA retirement plans, today announced that as of January 1, 2012 it will end its franchise program. The decision to no longer maintain this program was reached in August 2011 by a consensus of the advisory board of Franchise Owners and the board of directors of The Entrust Group, Inc. All franchise offices will cease to operate under The Entrust Group name. Entrust Administration, Inc. offices, which are corporately owned and located in California (Oakland, Sacramento, Los Angeles, Orange County, and San Diego), Washington, Oregon, and Massachusetts, will now operate as The Entrust Group; it’s administrative and operational services will be unaffected by the dissolution.
“The discontinuance of our franchise program is more than a change,” says Hubert Bromma, CEO of The Entrust Group. “It’s an enhancement that will allow us to focus more of our resources and energy on providing our clients outstanding services and education, and also staying abreast of the regulatory environment and changes required by our regulators.”
The Entrust Group will continue expanding their office presence in order to continue providing its clients local service, something to which it’s deeply committed. “We have developed plans to grow and open new offices nationally as well as internationally. Our first international office opened in Hong Kong this year and we will open three national offices in 2012,” states Bromma. By the end of next year, The Entrust Group will operate 11 offices throughout the United States.
Within the first quarter of 2012, The Entrust Group also plans to introduce innovative systems that will provide clients with enhanced educational platforms and online transactions. In addition, The Entrust Group will continue to provide the same exemplary service, due diligence, and account administration it has provided investors for over 30 years.
About The Entrust Group
For over 30 years, The Entrust Group (theentrustgroup.com) has provided account administration services for self-directed retirement plans and has been an acknowledged authority in the industry. Entrust facilitates the investment of alternative assets that are typically unavailable through banks and brokerage firms. Entrust’s team of professionals are regularly examined to ensure compliance with current state and federal banking requirements, and keeps up to date by participating in ongoing educational programs to ensure that the most accurate information is shared with clients. Entrust does not affiliate itself with or make any recommendations to any person or entity associated with investments of any type, nor does it provide investment advice or endorse any products.