If an investing account such as an IRA/SDIRA is managed by a Custodian, you can associate that Custodian to the investor's Account in a few simple steps.

Any future distribution payments will be sent to the Custodian associated to the Account.

Step 1) Open the Account details for the Account that you want to add a Custodian to and click Edit Custodian(s):

NOTE: If the Custodian is not set up in InvestNext, use this article to set up the Custodian Account: https://support.investnext.com/en/articles/4838929-create-a-custodian

Step 2) Choose the Custodian you would like to associate to the Account.

Note: the Custodian account reference is the account number issued/provided by the Custodian for the IRA/SDIRA Account. This number will be printed on the check when sent to the Custodian as a distribution payment and used for processing.

Step 3) When set up in InvestNext, this is how the investor’s Account will appear:

Did this answer your question?