gold1 Gold IRA Company ReviewsIf you’re reading this, odds are that you’re more than ready, willing, and able to get going with a self-directed IRA that is backed by the security of precious metals. As retirement savings are “sacred cows,” it is imperative to diversify your individual retirement account to include the protection of physical gold and silver. After all, your goal is to preserve your wealth, and put out to the greenest possible pastures on that long-awaited last workday.

Although a gold IRA is definitely a great way to go, you must know that not all gold IRA custodians are created equal. Below are some popular gold company names and great insights into each firm’s feasibility for handling your hard-earned funds.  Here is a summary of some of the most trusted companies we’ve reviewed with links to feedback from online consumer protection agencies and other online watchdog groups.

Important Note:  Click on the BBB, TrustLink, & BCA hyperlinks provided below for the latest website rank updates.  Our goal is to reflect the latest information on our website, however, agency rankings may change at any time without notice.

Regal Assets Gold IRA Company ReviewsRegal Assets LLC
-Click Here to Visit RegalAssets.com (our #1 Choice for 2014)-
Click Here to Read Our Full Review of Regal Assets
Better Business Bureau (BBB)
Rating: A+  The highest available BBB Rating
Complaints: 0 (ZERO) closed within last 3 years; 0 (ZERO) during last year.

TrustLink
Rating: 5 Stars  (The highest available TrustLink rating.)
Reviews: 430+ 
Business Consumer Alliance (BCA)
Rating:  AAA  -The highest available BCA Rating.
Complaints: 1 closed within last 3 years.

Summary
Regal Assets customer reviews consistently rate the company positive. Account reps were reportedly courteous, extremely knowledgeable, and never employed deceptive or high-pressure tactics. Regal’s industry-wide reputation is impeccable and extremely high, while adverse BBB data volume is very low and consists of just one complaint within the last three years. This is especially remarkable, given the company size and operational scope of Regal Assets. In our research, they have an excellent reputation, flat, low fees, very low number of complaints, and professional employees. When evaluated on both individual and collective bases, all these attributes add up to one inevitable conclusion: Regal Assets is the gold standard and Number One choice among gold IRA custodians.  We are proud to be affiliated with Regal Assets and confidently endorse their gold IRA services to our readers.

Click Here For Our American Bullion (AB) Company Review
Click here to visit AmericanBullion.com

Better Business Bureau (BBB)
Rating: A
Complaints: 4 closed since March 2013

TrustLink
Rating: 5 Stars
Reviews: 30

Zero complaints found against the company when searching watchdog groups such as RipoffReport.com

Summary

The good news is that AB rates high with the major consumer protection organizations linked above. Their reputation online is fairly solid.  There are a small number of complaints against them, but this is expected with a company that does a high volume of business.  While American Bullion is not the highest rated company, we highly recommend investors consider them when comparing gold dealers.

 
Click Here For Our Blanchard & Company Review
Click Here to Visit BlanchardOnline.com
Better Business Bureau 
Rating:  A+
14 Complaints closed in the last 3 years, and 3 complaints closed in the last 3 months.
Business Consumer Alliance (BCA)
Rating: BBB
TrustLink: N/A
RipoffReport: One negative review found on RipoffReport.com

Summary
Blanchard & Company have been around for more than thirty years and their founder, James Blanchard III, was a pioneer in the gold movement.  Blanchard has a solid reputation, but precious metals IRA rollovers are not their specialty.  They have a strong A+ rating with the Better Business Bureau, but still have considerably more complaints against them than some of the other companies in this space.  In addition to this, there are several companies that are in better standing with the Business Consumer Alliance.  A BBB rating is not at all terrible, but is also not impressive.  Currently, Blanchard does not have a presence with consumer reviews on TrustLink.  When it comes down to it, there are other companies with higher rankings online that are available for your business.

 

Click Here to Read Our Full Capital Gold Group Review
Click here to visit their website StartWithGold.com
Better Business Bureau (BBB)
Rating: A+
Complaints: 1 closed within last year
TrustLink
Rating: 5 Stars
Reviews: 142

Summary
Besides a high rating, BBB reports a low volume of complaints about this company. The one BBB complaint seems to relate to an advertising / sales issue. One TrustLink reviewer referred to Capital Gold Group as a “Fly-By-Night Organization.”  This is a harsh accusation, but we’re not too worried considering such comments are not common for the company.  Complaints seem few and far between, and they seem to have a good selection of investment products.  Our only issue is their storage fees.  We believe that investors can find segregated vault storage for their gold IRA at a lower annual rate.  If you decide to call them for more information, make sure that you are aware of the storage costs involved and how they compare with some of the competition.  I wouldn’t completely dismiss them as an option for your gold IRA investing, but they are not our top choice.

 
Click to Read Our Lear Capital Review
Click here to visit their website
Better Business Bureau (BBB)
Rating: A+
Complaints: 50 closed within last 3 years; 12 closed within last year
TrustLink
Rating: 4 Stars
Reviews: 132

Summary
This firm purports to handle gold IRA rollovers and other precious metals acquisitions. Nevertheless, based on the number of complaints, we feel its overall “expertise” in the realm of gold IRA rollovers and applicable regulations seems to be lacking. Customer service is reportedly of little help to novice investors. Order processing seems to be another problem area. Lear reviewers have had to wait a month or more before purchases arrive at their door. Fine print in Lear’s “Buyback Guarantee” features many “convenience,” processing, and other charges that never seem to surface until AFTER customer commit to transactions. Finally, Leer’s precious metals inventory is not as robust as other companies in the industry.

 
Click To Read Our Merit Financial (aka Merit Gold) Review
Click here to visit their website
Better Business Bureau (BBB)
Rating: A+
Complaints: 68 closed within last 3 years; 25 closed within last year
TrustLink
Rating: 5 Stars
Reviews: 670+

REVIEW UPDATE: National Gold Dealer Merit Financial Targeted In Fraud Prosecution

Summary
Although Merit claims to offer customized portfolio management recommendations, advice is reportedly general and subpar. For instance, one reviewer claimed that a sales rep read from a script while advising the customer about prospective precious metals IRA investments.  Their 5 star average rating with TrustLink is excellent.  With more than six hundred reviews on the site, there are bound to be a few negative comments  One of the negative reviews state “Merit is not reputable.”    Another review states the client felt “bait and switch” tactics were being used.  Although we did find plenty of positive information regarding the company, we’re hesitant to recommend Merit based on some of these claims.  Congruent with some of the criticism, they’re currently involved in a fraud lawsuit (link above in review update).  It’s important to note that Merit has not gone to court yet to defend themselves, and there is currently no judgement against the business.

Click To Read Our Goldline International Review
Click here to visit their website
Better Business Bureau (BBB)
Rating: C+
Complaints: 5 complaints closed with BBB since March 10, 2013.
TrustLink
Rating: 2 Stars
Reviews: 45 reviews

Summary
Having been in business for more than fifty years, Goldline must be doing something right.  They’ve grown to be one of the biggest names in the precious metals industry.  However in recent years, Goldline has had their share of legal issues.  Click here for more information.   With a weak TrustLink score and low BBB ranking, there are companies with stronger reputations available for your business.

APMEX Company (Our review coming soon)
Click here to visit their website
Better BusinessBureau

Rating: A+
58 complaints closed with BBB in last 3 years | 18 closed in last 12 months

TrustLink
At the time of this writing, the company is under review and shows no ranking information.
The Complaint Board
This consumer complaint site has a few negative reviews about APMEX.  Complaints range from customer service issues to problems with the quality of the gold coins recommended by their experts.

Summary
It’s encouraging to see that APMEX -American Precious Metals Exchange has an A+ rating with the better business bureau.  However, 58 complaints in the last three years is significantly more than many of their competitors.  I wouldn’t dismiss them all together, but because of this, APMEX is nowhere near our number one choice for our precious metal investments.

 
Fidelity -Fidelity.com Full Review coming soon
Click here to visit Fidelity.com
Better Business Bureau (BBB)
Rating: A+
Fidelity is not BBB accredited. 168 complaints closed with BBB in last 3 years | 60 closed in last 12 months.
Complaints Board
A look at this consumer complaints site shows several negative reviews for Fidelity Investments.  Complaints on this site range from poor service, misinformation, excessive fees, to some even claiming tax fraud and illegal activities.

Summary
Although not BBB accredited, it’s good to see an A+ rating. Overall, it’s difficult to recommend a company with so many consumer complaints online.  Our research has found other highly ranked companies with more satisfied customers.

Click Here for our full Midwest Bullion Exchange Review

Click Here to Visit Midwest Bullion Exchange – PrivateBullion.com

Better Business Bureau:
A Rating
TrustLink:
ZERO Stars (based on Zero reviews)
Yellow Pages:
1 review

Summary:
Midwest Bullion Exchange is a relatively new company.  Having opened their doors in 2009, there is not much information available online for us to build a case for or against them.  There is currently not even one TrustLink customer review.  Before we can recommend a company, we want to see a healthy record of positive customer reviews.  This company just hasn’t built the stats we’d like to see – yet.

Click here for our full Morgan Gold Review
Click here to visit MorganGold.com – 8/8/2014 Update: Morgan Gold’s website has been down for months now.  Unable to make contact with the company, we believe they are no longer in business.
Better Business Bureau
Rating: A-
The BBB shows that Morgan Gold has had one complaint against them in the last twelve months.  This complaint was closed and Morgan Gold is in good standing with the organization.  Their A- rating appears to mainly be due to the fact that Morgan Gold is only a few years old.  They have not been in business long enough for a high rating.
Business Consumer Alliance
Rating: A
There have been five complaints against Morgan Gold with the BCA over the last three years.  Consumer complaints range from misleading marketing to miscommunication with delivering the products and services.  Overall it appears that Morgan Gold has made efforts to successfully close these complaints.

Summary
Opening it’s doors in 2010, Morgan Gold is a newer company.  They have not been in business long enough to solidify their reputation and make our list of top recommended gold IRA rollover companies.  There are simply other companies out there who have been in business longer, have less complaints, and higher ratings online with customers and consumer protection groups.  When investing precious metals through a self-directed IRA, you want to make sure you work with a company that truly specializes and has been doing this for some time. 

So Which Gold IRA Company Do We Recommend?

Our top choice for 2014 is again Regal Assets, LLC.  This company has been around long enough to build a strong track record.  With online feedback from hundreds of clients, they’ve also managed to maintain an extremely low amount of complaints and negative reviews.  They hold the highest ratings with the BBB, BCA, and TrustLink.  They offer the best storage, charge the lowest flat fees, and even waive those fees for your first year as a customer.  Forbes magazine featured Regal Assets in their 2013 Investment Guide, and INC magazine ranked Regal Assets #20 for all financial services in 2013.  We’re confident that working closely with Regal Assets is a smart decision for your precious metals gold and silver IRA investments.  We’ve chosen to affiliate ourselves with Regal Assets and endorse their services to our readers.

>>Click Here to Request Your Complimentary Gold Investment Kit From Regal Assets<<

request your complimentary Gold IRA Company Reviews

 

Incoming search terms:

  • goldco precious metals complaints

7 Comments

  1. GlennBeckFan1

    It’s amazing how many people just go with Goldline strictly because they pay Glenn Beck to be their spokesman.  I love Glenn Beck.  Will always support him, but I went with a different company for my gold IRA rollover.  I understand that he has sponsors, and I can’t be mad at him for taking their money – but when it comes to my investments, I do more research first.  Glenn Beck may want to align with a different company being that Goldline’s reputation has taken a hit in recent years.

  2. Steven Hatcher

    Do gold companies convert your 401k in gold to an LLC in your name? I would like to open a precious metals IRA with gold and silver, but hold the physical precious metals in my company’s name, and not my own. Thanks for this website, I’ve requested gold kits from a couple companies now. I’ll ask Regal Assets and see if I can hold my gold in an LLC versus directly in my name.

  3. Alison Thompson

    I keep seeing these gold companies advertise on Fox News – but when I review these precious metals IRA companies, they are often the lowest rated on review sites.  Maybe these silver and gold companies spend too much money on big ad campaigns and less focusing on their customers.  I’ll be converting 10% of my 401k to gold IRA this year.  Still reviewing different businesses.  I requested the free info kit from a couple companies today.

  4. Libertarian Benny

    When reading Gold IRA company reviews, look at the BBB and TrustLink – NOT sites like RipoffReport. Why? Because Ripoffreport does not verify that reviews are from REAL customers. Anybody can go and make accusations against a precious metals IRA company. They do nothing to protect the companies from fraudulent claims. Just FYI.

    BBB & TrustLink VERIFIES reviews are from real clients. So you know the feedback is Legit. I like how you compared the companies using their Better Business Bureau and TrustLink ratings! :)

  5. John Lindman

    Gold IRA Company Reviews are all over the internet.  Before purchasing gold bullion coins or bars, read reviews from independent sites and consumer groups that are not biased.  Precious Metals IRAs have grown in popularity because the economy is in the crapper.  I went from holding 2% in physical precious metals, to now 10% of my retirement.  I didn’t work 50 hours a week for 30 years to have an irresponsible government and federal reserve destroy the dollar.  Gold and silver are my only “insurance” policy (for lack of a better word).  The best place for honest customer reviews is TrustLink.org – There are a ton of gold IRA companies, but it’s worth your time to read up on them.

  6. SILVER 401k is the WAY!

    What about an IRA backed by SILVER? I notice your site tends to discuss gold more than other precious metals. A lot of people are looking towards silver IRAs. I think that silver bullion has been undervalued, and silver bullion prices are getting ready to take off. A silver IRA is the way to go. I also own gold, and my precious metals IRA is diversified with both gold and silver bullion, but I just think there’s more room for growth with silver, which your site doesn’t talk as much about! Silver, platinum, and palladium are viable investments also! It’s not all about the shiny yellow metal.

  7. Francis White

    The top gold IRA company reviews always focus on reputation, fees, and efficiency.  Don’t forget to look into how the gold reps are PAID.  They make more money by selling you numismatic coins, but these are not the best investment options.  Gold and Silver bullion bars and coins are the better investment.  When reviewing companies, get on the phone with a few.  See what they recommend, see if they’re pushy, and find out all of their fees in advance.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>