What Quest IRA, Inc has done to prepare themselves for the growth of the company over the past few years, is something that I could not ignore when looking for a partner.
Mason, Michigan (PRWEB) July 18, 2012
Quest IRA, Inc. has had a long relationship with Entrust Great Lakes, LLC and owner Joedy Patrick since Quest’s inception. Once The Entrust Group franchise program was discontinued this provided the opportunity that allowed Quest to merge & acquire the small self directed IRA company, Entrust Great Lakes, LLC with approximately $100MM in assets and approximately 1000 clients. The merger will help Quest IRA expand its brand nationally.
“Joedy and myself have known each other for years as franchisee owners in The Entrust Group,” said H. Quincy Long, President/Owner of Quest IRA, Inc. “So, when the group dissolved it made a lot of sense to work with other offices within the group that you have always worked well with. As a newly created company, Quest IRA, Inc., we wanted to expand outside of Texas as fast as we can to start building our national brand. The agreement with Joedy (Patrick) and his staff will allow us to expand immediately with a strong, intelligent and competent staff in dealing with self-directed IRAs. Anytime, you can find a knowledge staff, and can make the merging of two companies a win-win for everyone involved, it makes the future very bright for Quest IRA clients, prospects, business partners and employees. I can’t reiterate how excited we are about the addition of Joedy, his team and the clients to our Quest IRA, Inc. family.”
Quest IRA, Inc. and H. Quincy Long have one of the best reputations in the industry according to Joedy Patrick, Executive Vice President of Midwest for Quest IRA, Inc. “What Quest IRA, Inc has done to prepare themselves for the growth of the company over the past few years, is something that I could not ignore when looking for a partner. Not only is H. Quincy Long the authority and also one of the brightest self-directed IRA minds in the country but Quincy has surrounded himself with one of the most competent staffs in the self directed IRA industry. Being able to add more resources and services to my current clients, prospects and employees will only provide us with the ability to grow in the Mid-West as fast as they have been growing in the Texas market. With this agreement I don’t see a downside, only an upside. I haven’t been this excited about the future prospects of a company (Quest IRA) in a long time. I can’t wait to get started!”
The new Quest IRA, Inc office is located at 194 E Ash Street, Mason, Michigan 48854. This new office will employ 4 full time employees and 1 part time employee that were already in place before the acquisition. Our Michigan office will handle approximately $100MM in assets for 1000 clients and growing fast.
Those interested in learning more about self directed IRAs and Quest IRA, Inc. can visit http://www.QuestIRA.com. Anyone interested in Quest’s free educational classes, webinars and networking events can call 800.320.5950 for more information.
ABOUT QUEST IRA
Quest IRA, Inc. is the leading provider of self-directed retirement account administration and education. They are the experts and authorities when it comes to “alternative” investments like real estate, notes, precious metals, oil & gas, private placements, etc. within an IRA, HSA, ESA or 401(k)s. They administer client’s accounts from across the nation but are headquarters in Houston, TX with offices in Dallas, TX, Austin, TX and Mason, MI. They currently administer over $500MM in client assets for over 5000 clients.
UPDATE FOR CLARIFICATION: The acquisition described in this press release between Quest IRA, Inc. and Entrust Great Lakes, LLC occurred on January 1st, 2012 and was simultaneous with Entrust Great Lakes, LLC and The Entrust Group's mutual decision to terminate their franchise relationship.
UPDATE FOR CLARIFICATION II: Entrust Retirement Services underwent a name change to Quest IRA, Inc. and now administrates the accounts that were held by Entrust Great Lakes.
This occured on January 1st, 2012 and was by mutual agreement.