Inspira Financial Acquires Quest Trust Company’s Self-Directed IRA Business

Inspira Financial, a prominent provider of health, wealth, retirement, and benefits solutions, announced its appointment as the successor custodian for the self-directed individual retirement accounts (SDIRAs) previously managed by Quest Trust Company. This transaction includes around 20,000 SDIRAs with more than $3 billion in assets under custody.

This move will provide Quest's clients with a wider range of services and a more advanced, user-friendly experience. Jason DeBono, head of self-directed accounts at Inspira, emphasized the importance of maintaining high standards during the transition.

The acquisition solidifies Inspira's position as a leading provider of SDIRAs and alternative asset custody solutions. Inspira currently serves over 8 million accountholders with $62 billion in assets under custody across all its business lines.