Portland, Oregon-based
IMS Capital Management, the advisor to the IMS Family of Funds, is introducing a no fee IRA.
Although the IMS Capital previously offered an IRA for a $15 custodial fee, IMS will pay for customers' no-fee IRA custodial costs. The IRA is available for investors with at least $2,000, and will likely increase to $5,000 by the end of the year.
Spokeswoman Kathleen Griffin did not immediately return a call seeking comment.
IMS Capital manages $165 million in mutual fund assets.
 
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