Compared to a more unpredictable stock market, gold has shown to be a source of steady and consistent growth in recent years. Resulting in an increased number of retirees turning to gold IRAs to diversify and hedge their investments against the market and inflation volatility.
While most IRA investors put their money in standard assets like equities, bonds, and mutual funds, the tax legislation also allows the purchase of precious metals like gold and silver through specialist IRA accounts.
In this article, let’s talk about the 5 Best Precious Metals IRA Companies. Let’s also discuss their pros and cons to help you decide.
1. Patriots Gold Group.
Patriot Gold Group, based in Los Angeles, has a long history of assisting investors in securing their financial future with gold IRAs, gaining good accolades from consumer groups along the way. The family-owned firm has done so by providing excellent customer service while maintaining low pricing, earning them our recommendation as to the top overall gold IRA provider.
The company has earned outstanding ratings from major consumer rating organizations, including an A+ from the Better Business Bureau, a AAA from the Business Consumer Alliance, and a five-star rating from Consumer Affairs.
They are proud of providing excellent customer service. Account managers pay great attention to customers ‘ needs from account creation, which may be done online or on the phone through each transaction. Account representatives try to understand their customers’ financial goals before making recommendations.
Pros
- Direct-to-investor pricing
Cons
- To obtain appropriate information, you must fill out a form on the website
- The very minimum investment is necessary
2. Advantage Gold.
Advantage Gold, which has been in operation since 2014, is well past its years. Advantage Gold has established itself as the top gold IRA firm for first-time customers because of its low minimum investment requirement, personal customer service, and complete instructional platform.
They have worked hard to earn a stellar reputation by offering exceptional customer service since its inception in 2014. Over the previous three years, the fledgling business has received top ratings from the BBB (A+) with two resolved complaints and the BCA (AAA) with no complaints submitted.
While Advantage Gold appeals to all sorts of gold IRA customers, it is especially appealing to first-time buyers. They provide a wealth of information and instructional tools to assist novice investors in getting started with gold and other precious metals. Investors are never subjected to high-pressure sales practices.
Pros
- Educational resources aplenty
- Annual costs are low
Cons
- Operating history is rather new
- No way to buy online
3. Goldco Precious Metals.
No other gold IRA firm goes to such lengths to deliver investing information clearly and impartially to earn its clients’ trust. Goldco Precious Metals, founded in 2006, stands apart in many ways, but it is most known for its outstanding customer service.
Customers receive Goldco’s “white-glove service” from account creation to their most recent transaction, which includes direct access to an expert who will advise them every step of the way. Goldco urges its clients to use the website’s comprehensive educational resources. Goldco publishes an in-depth blog that covers a variety of financial themes, in addition to multiple e-books and an extensive video library.
Goldco has received good ratings from the BBB and BCA and virtually flawless evaluations on Consumer Affairs and Trustpilot, thanks to its customer-centric emphasis.
Pros
- Educational resources aplenty
- Competitive pricing
- For new accounts, get 10% back in free silver coins
Cons
- The minimum investment is required
4. Noble Gold.
Noble Gold is a relatively newbie to the gold IRA industry, founded in 2016. Despite this, it has swiftly established itself as the top gold IRA firm for new investors due to its cheap minimum investment requirement and abundant training resources.
They have also achieved momentum with consumer rating organizations, receiving an A rating from BBB, a five-star rating from Consumer Affairs, and a BB rating from BCA in its brief history (one complaint in the last three years that the company satisfactorily handled).
This company provides each potential client with an initial consultation to gain a mutual knowledge of the customer’s needs, interests, and ambitions, in addition to its complete range of educational materials. Customers are then allocated a professional who will walk them through the rest of the process without using high-pressure sales methods.
Pros
- The minimum investment is low
- Educational resources aplenty
- Service and storage prices are set in stone
Cons
- Low account balances might result in disproportionately large annual fees
5. Regal Assets.
Regal Assets has become a frontrunner among gold IRA providers since its inception in 2010, thanks to its high customer reviews and competitive pricing structure. When IRA rollovers account for 95 percent of a firm’s revenue, it merits particular attention as the top gold IRA company for IRA rollovers. Regal Assets backs its reputation by providing exceptional IRA rollover and transfer knowledge and services. But if that wasn’t enough, it now offers the service for free.
This company has a AAA rating from the Business Consumer Alliance and numerous excellent evaluations on various third-party review sites. Despite not being rated by the BBB or Consumer Affairs, and received 4.0/5 stars on Trustpilot (based on four reviews).
Their cost structure is clear and open. It costs a fixed fee of $250 per year for servicing and storage. The cost of segregated storage is included in the rate, which is lower than other businesses.
Pros
- Extensive experience with IRA rollovers
- There are no costs for rolling over or transferring an IRA
- Annual servicing and storage expenses are fixed
Cons
- Online purchasing is not possible
Conclusion
By now, you should be able to pick the best IRA company for you. Don’t hesitate to use this article as a guide when you’re looking to ensure you get the best deal.
