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Updated almost 4 years ago on . Most recent reply
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- Rental Property Investor
- Platte City Missouri, United States
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Quest vs. Nuview Trust Co.
I'm looking to open my SDIRA and was curious to see if anyone had an opinion on Quest Trust vs. Nuview Trust Pro's and con's of each, etc. One thing I like about Nuview is they offer precocious metals investing as well as Notes whereas Quest does not. Quest however, has a great reputation for Note investors. So what are your thoughts? Any other companies I should look at?
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- Investor
- Kingston, WA
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You might also want to check out DirectedIRA.com one of the principles is Matt Sorensen who is one of the foremost authorities on self-directed IRAs especially in the realm of real estate investing. I found that their fees are very reasonable.
Realize that many custodians will charge a fee for every asset you invest in as well as an annual fee. Companies like Quest and Directed IRA will have just an annual fee and not charge for every time you want to do an investment into an area like equities or precious metals.
Personally, I set up a LLC which has my self-directed IRA as the sole member and that LLC can invest in pretty much any asset class that I wanted to. another advantage is that I do not have to request funds from my custodian for every investment that I want myself directed ira to make.