My SD IRA custodian just stole my money! **need advice**

[Andy M.]

Backstory: My SD IRA custodian (American Pension Services) went into receivership earlier this year. They have been sorting through the whole mess and apparently the owner made some bad choices and 25 million is missing. The courts have decided to allocate the loss across every account holder by taking 10% of their funds to cover the loss.

Yep, it sucks, but here we are.

Here is the advice I need from you seasoned SD IRA pros.

1. I need a new custodian, who do you recommend? I want someone simple to work with, and speed of transactions is important.

2. Should I move towards an LLC with checkbook control? I didn't set up my current accounts that way. But it seems to favor speed, but also takes away a layer of separation.

Thanks!