The insecurity in today’s economy is probably the main reason why a number of investors are diversifying their capital portfolios. More people now realize there are other investment ideas which do not rely on fickle currencies such as the dollar. In light of these developments, many companies came up to bridge the gap and offer the chance to trade precious metals such as gold. These commodities have increased in popularity because they are rarely vulnerable to the familiar economic performance and instability.
Investors are now opting to convert their Individual Retirement Accounts into Gold IRAs which are backed by gold through companies like Morgan Gold. This approach is referred to as a 401k to Gold IRA rollover. The precious metal accounts that are opened with Morgan Gold and similar companies are saved in institutional depositories licensed by organizations such as the Chicago Board of Trade, COMEX, and NYMEX. Nevertheless, because the accounts are self-directed, you still have complete control over the physical gold bars and coins.
Morgan Gold is based in Irvine, South California and is well-known for managing any type of rollover . For a company which was founded in the year 2010, many people could state that it has exceeded its own expectations. With a team of experts in several fields, the enterprise is qualified to offer authoritative advice in topics such as precious metal trading, investment planning and rare coins. They are quite competent at establishing Gold IRAs and to provide you with storage space at the following cost:
Storage space for commingled precious metals
- For gold worth $250,000 or less, the fee is $100
- If the gold is worth more than $250,000, the rate is $1 per $1000 worth of the precious metal stored
Storage for segregated precious metals
- Minimum of $200 in fees
- $2 for every $1000 worth of the gold stored
BBB Ratings of Morgan Gold
Although Morgan Gold has been BBB-accredited, no ranking is currently assigned to the company. Despite that fact, it has been determined that the firm is focused on endeavouring to resolve all the consumer complaints that may come up. The Better Business Bureau has been observing Morgan Gold since March of 2013 and since then there has been a single complaint. The elements responsible for Morgan Gold LLC’s higher rating include:
- The volume of complaints filed by the BBB considering the size of the business
- The response to one complaint made by a client
- The resolution of the complaints that had been filed against the firm
- The satisfactory background data the Better Business Bureau has obtained on Morgan Gold.
BCA Rankings of Morgan Gold
In the past few years, there have been five complaints about Morgan Gold pointed out by the BCA. Yet, that has not prevented the same alliance from giving the company an A rating, which is considered a great record. Those complaints involved wrong price quotations, shipping, and insurance issues. Nevertheless, all of the complaints that were lodged are said to have been addressed.
TrustLink Ratings of Morgan Gold
Morgan Gold has been given a 5-star rating from TrustLink and has had five reviews. The fact that the company does not have many reviews on TrustLink is not very encouraging. That is insufficient material for a potential client to base a conclusive decision on, particularly because some of the reviews date back to 2010.
Customer Reviews of Morgan Gold
- A few customers feel that the rates are too high and that sometimes the fees mentioned at the time of sale were actually not correct.
- One client was pleased with the fact that Morgan Gold made the rollover experience straightforward as well as fast.
- Another client expressed his satisfaction with Senior Account Representative Alex Collins. He was able to rollover his 401K into a Gold IRA without difficulties and to also make an essential acquisition thanks to the representative’s valuable guidance.
However, it should be noted that the company worked out the problem by offering the customers a full refund. However, in spite of all the good indications that indicate Morgan Gold is a reputable company, there is one company that outshines it by far: Regal Assets.
Regal Assets
Regal Assets is one business that has received a lot of positive reviews from customers who have enjoyed the solutions it has to offer. This company takes pride in treating their customers in an outstanding manner no matter what the circumstances. The staff’s goodwill and patience are traits that particularly stand out regarding customer support.
Several traders are appalled when creating an IRA requires weeks or even months. However, the situation is altogether different with Regal Assets as establishing a Gold IRA is a matter of days. The annual storage costs and other charges set by many gold IRA firms is a hindrance for many traders who have their mind set on Gold IRA investments. However, Regal Assets makes this very affordable for you by featuring 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 very convenient solution, especially if your assets are worth $250,000 or more.
In relation to delivery and shipping, Regal Assets goes to great lengths to deliver gold within seven days after funds are approved. There is no need to worry about the safety and security of your gold as every shipment is entirely insured. In the improbable 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 rating of A+, a BCA score of AAA and 231 reviews on Trustlink, Regal Assets is definitely a company to consider in the search for financially rewarding investments.