Morgan Gold Review

WebsiteFeesBBB RatingTrustlink Rating
Unknown A

The uncertainty in the economy today is probably the main reason why numerous investors are diversifying their capital portfolios. More people are aware of other investment avenues that do not depend on fickle currencies such as the dollar. In light of these trends, many companies emerged to bridge the gap and offer the chance to invest in silver, gold and other precious metals. Such commodities have increased in popularity since they are hardly ever vulnerable to the usual economic realities and instability.

People nowadays are preferring to turn their Individual Retirement Accounts into Gold IRAs that are supported by precious metal through businesses such as Morgan Gold. This approach is termed a 401k to Gold IRA rollover. The gold accounts opened with Morgan Gold and other similar services are kept in institutional depositories authorized by bodies such as the Chicago Board of Trade, NYMEX, and COMEX. However, because the accounts are self-directed, you still have total control over the physical gold coins and bars.

Morgan Gold, a company based in Irvine, South California, is well-known for handling any type of rollover . For a company which was established in 2010, many people would argue that it has exceeded its own expectations. With a team of specialists in several areas, the company is qualified to offer expert advice in fields such as precious metal trading, investment planning and rare coins. They are surely quite competent at setting up Gold IRAs and also provide you with storage space at the following fees:

Storage space for commingled precious metals

  1. For gold worth $250,000 or less, the price is $100
  2. If the gold is worth more than $250,000, the fee is $1 per $1000 worth of the precious metal stored

Storage space for segregated precious metals

  1. Minimum of $200 in fees
  2. $2 for every $1000 worth of the gold stored

BBB Ratings of Morgan Gold

Even though Morgan Gold has been BBB-accredited, no ranking is currently assigned to the organization. It has nevertheless been determined that the company is committed to making an effort to resolve all the consumer complaints that might come up. The Better Business Bureau has been watching Morgan Gold since March of 2013 and since then there has been only one complaint. The factors that are responsible for Morgan Gold LLC’s higher rating comprise:

  1. The volume of complaints by the Better Business Bureau considering the company’s size
  2. The reaction to a complaint lodged by a customer
  3. The resolution of the complaints that had been filed against the business
  4. The satisfactory background information that the BBB has gathered about Morgan Gold.

BCA Ratings of Morgan Gold

In the past few years, there have been five complaints about Morgan Gold noted by the BCA. Yet, that did not stop the same alliance from giving the company an A rating, which is considered a great rating. The complaints in question involved inaccurate price quotations, shipping, and insurance problems. Nevertheless, all of the complaints presented are said to have been addressed.

TrustLink Rankings of Morgan Gold

Morgan Gold has been awarded a 5-star rating from TrustLink and has had 5 reviews. The fact that the business enterprise does not have that many reviews on TrustLink is not very encouraging. That is not enough material for a potential trader to base a conclusive decision on, especially because a few reviews actually date back to the year 2010.

Customer Reviews of Morgan Gold

  1. Some nvestors feel that the fees are too high and that in some cases the fees stated at the start of the transaction were incorrect.
  2. One customer was pleased with the fact that Morgan Gold made the rollover process simple and quick.
  3. Another customer expressed his satisfaction with Senior Account Representative Alex Collins. He was able to rollover his 401K into a Gold IRA without much complication and to also make an essential deal thanks to the representative’s valuable advice.

However, it should be noted that the business resolved the problem by offering the clients a full reimbursement. However, in spite of the signals that indicate Morgan Gold is a trustworthy business, there is one business which far surpasses it: Regal Assets.

Regal Assets

Regal Assets is one business that has got a lot of positive reviews from customers who have enjoyed the solutions it provides. The business takes pride in looking after their clients exceptionally well no matter what the situation. The staff’s goodwill and patience are qualities that particularly draw attention with regard to customer care.

Many dealers are dumbfounded when creating an IRA takes anything from weeks to even months. On the other hand, the case is altogether different with Regal Assets as establishing a Gold IRA only takes a few days. The yearly storage costs and other charges set by many precious metal IRA firms is a deterrent for the majority of investors who have their mind set on investing in Gold IRA. However, Regal Assets makes this very affordable for you by providing a small and exclusive flat storage and administration fee of $250 a year. Taking into consideration the charges that apply for Morgan Gold, this is a pretty convenient opportunity, particularly if your assets are worth $250,000 or more.

Regarding delivery and shipping, Regal Assets goes to great lengths to deliver precious metals within 7 days after funds are approved. You do not have to stress about the security of your precious metals because all shipping is entirely insured. In the unlikely case of a delay in shipping, you can count on getting a free Silver American Eagle from the organization as an apology.

With a BBA ranking of A+, a BCA score of AAA and 231 reviews on Trustlink, Regal Assets is unquestionably a business to reckon with in the search for worthwhile investments.

Our Recommendation

regal

 

BBB: Rating of A+, 1 complaint with BBB in last 3 years | 0 in last 12 months

Inc 500 Magazine ranked them number 20 out of 6 million Financial Service Providers in America.

TrustLink:  shows an A-rating with 422 documented endorsements from customers.

 

Read other reviews of Gold IRA Dealers