Fees. It is never a fun subject to discuss, but they are something you’ll run into any time you choose to self-direct your IRA into privately held assets. Whether fees range on the higher end or the low end, knowing what to expect from the fee option you choose and understanding all your choices is important. This way, you can make the best decisions for your investment plan.
Not all fee plans are created equal! Some options work better for others, considering factors like the number of assets or the value of an account, but one fee plan that has provided the most value to our clients is the Quest Gold Family plan. For the active investor that doesn’t want to deal with a fee for each transaction, the all-inclusive Gold Family Plan is the one people turn towards. Encompassing nearly all transactional fees except for a handful, the Gold Family plan makes it easy and inexpensive for an active family of investors to self-direct their investments.
What is the Gold Family Plan?
At Quest, we offer different options for investors depending on the investments they plan to do. The third administrative fee option available with Quest Trust Company is the Gold Family plan, which allows up to 10 accounts (those belonging to you or your immediate family) to be covered by the single fee package. One of the great benefits of this option, is that clients don’t have to worry about most overhead fees that would be expected with most custodians.
By being on the Gold Family plan, many of the fees are already included in the flat annual fee. Fees like transaction fees, check fees, and account opening fees are just a few examples of expenses that would be included. Not having to worry about which fees are associated with each transaction makes the Gold Family plan highly sought after for those who plan to be active investors with their SDIRAs.
The True Value of Gold Family
We all want to get the best deal, but there is more to “value” than just saving money! With the Gold Family plan, not only do you get benefit from the fee savings, you also get a special level of customer service designed specifically for our Gold Family members.
The Gold Family Department was created to provide a “Gold Member Concierge” service, to ensure business is handled properly and in a timely manner for Gold Family member accounts, providing the highest level of value and exceptional customer service. Not only do these members have access to a select group of representatives available to assist with any questions, they also have a personal email they can send any requests or concerns too.
Becoming Part of the Gold Family
Making the switch to the Gold Family option is quick and easy! If you would like to look over the fee structure in more detail to see the true value of this plan, you can access our Fee Schedule by clicking here!
For more information about getting started, you can always reach out to a Quest Trust IRA Specialists by emailing IRASpecilaists@QuestTrust.com. To learn more about how to get started investing with a self-directed IRA, schedule a 1-on-1 consultation with an IRA Specialist by clicking HERE.
Is there an age limit on the Gold Family plan for an immediater family member, i.e. child?
No, adult children are welcome to join your Gold Family, up to the 10 account limit.