This section holds the various applications used to open an account with Quest Trust Company. The four pages of the Adoption Agreement, the general fee schedule, the $100 account opening fee and a copy of a valid, government issued I.D. are required to completely open a new account. If assistance is needed, one of our IRA specialists or a member of the New Accounts Department would be more than happy to walk you through the paperwork required to open your account and answer any questions. Please refer to the “contact us” drop down to find the contact information of the staff.Fee Schedule
Below is the fee schedule for accounts at Quest Trust Company. The fee schedule is one of the four components required to open a self-directed account with Quest Trust Company, but can also be used to change fee or payment options at a later date. The Fee schedules are included in the respective Account Opening Starter Kits.Transfer/Rollover
- A “Rollover Form” is needed to properly document and accept funds when an IRA holder is moving from a qualified plan (i.e. 401(k), 403(b), 457 etc.) into an IRA. Rollovers are initiated by the account holder. When initiating a rollover, the client will need to contact their qualified plan administrator for further direction.
- A “Transfer Form” is needed when a client needs to transfer from their current custodians IRA into a like IRA account at Quest Trust Company, Inc. (i.e. Traditional IRA to Traditional IRA). Transfers are initiated by the receiving custodian, therefore if you are transferring to Quest, we assist with initiating the movement of funds, and when transferring out of Quest Trust Company, you would work with the custodian that will receive the IRA funds.
- Transfer Form (this form cannot be completed via RSign)
Congratulations on deciding to purchase an asset with your Quest Trust Company. The following packets contain instructions and the documents required for purchasing an asset. When filling out the paperwork, make sure you are using the appropriate forms, depending on your investment.Payment Authorization Forms
A Payment Authorization Letter, commonly referred to as a “PAL,” at Quest Trust Company, is a form that allows permission to make a payment from the client’s account. This is commonly used to pay for expenses such as property taxes, HOA dues, utilities, etc.Verification of PayoffDistribution Form
The Distribution form is as just like it sounds – a form used to remove funds from a client’s account.Account Management Forms
Use this coupon for any check deposits made to your Quest Trust account.Account Agreement & Disclosure
There are several different Account Agreement forms in this section, all used for the different types of accounts administered by Quest Trust Company. The Custodial Agreement & Disclosure form serves several purposes, such as: describes Quest’s relationship with Mainstar Trust, outlines the rights of the client and the custodian, explains the 7 day hold period required by Quest Trust Company, etc. For any questions, feel free to contact one of IRA specialists for more information.