The insecurity in today’s economy one of the top reasons why numerous people are diversifying their capital portfolios. More people are now realizing there are other investment avenues which do not depend on fickle currencies such as the dollar. In view of these trends, several companies emerged to fill the gap and provide the opportunity to trade precious metals such as gold. These commodities have increased in popularity because they are hardly ever vulnerable to the familiar economic performance and lack of stability.
People are now choosing to convert their Individual Retirement Accounts into Gold IRAs which are supported by gold through companies like Morgan Gold. This process is known as a 401k to Gold IRA rollover. The gold accounts that are opened with Morgan Gold and similar services are kept in institutional depositories recognized by organizations such as the Chicago Board of Trade, NYMEX, and COMEX. However, because the accounts are self-directed, you still have complete control over the physical precious metal coins and bars.
Morgan Gold, a company based in Irvine, South California, is well-known for handling all kinds of rollover . For a business which was started in the year 2010, many could point out that it has exceeded its own expectations. With a team of specialists in various areas, the firm is competent to provide you with expert guidance in fields such as gold trading, investment planning and rare coins. They are quite capable of configuring Gold IRAs and also provide you with storage at the following cost:
Storage for commingled precious metals
- For gold valued at $250,000 or less, the price is $100
- If the gold is worth more than $250,000, the fee is $1 per $1000 worth of the gold 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
Even though Morgan Gold has been BBB-accredited, no ranking is currently assigned to the business. Nonetheless, it has been determined that the firm is committed to endeavouring to resolve all the client complaints that may come up. The Better Business Bureau has been monitoring Morgan Gold since March of 2013 and since then there has been one complaint. The elements responsible for Morgan Gold LLC’s higher rating include:
- The amount of complaints by the Better Business Bureau considering the company’s size
- The response to a complaint lodged by a client
- The resolution of the complaints that were filed against the firm
- The satisfactory background information that the BBB has collected about Morgan Gold.
BCA Ratings of Morgan Gold
In the last years, there have been five complaints regarding Morgan Gold noted by the BCA. But this did not stop the same alliance from assigning a rating of A, which is viewed as an outstanding record. These complaints had to do wrong price quotations, shipping and delivery, and insurance issues. However, all of the complaints that were lodged are said to have been addressed.
TrustLink Ratings of Morgan Gold
Morgan Gold has received a five-star score from TrustLink and has had five reviews. The fact that the company does not have many reviews on TrustLink is not a very encouraging or persuasive revelation. This is certainly insufficient material for a prospective client to base a conclusive decision on, particularly because a few reviews actually date back to the year 2010.
Client Reviews of Morgan Gold
- A number of nvestors think that the rates are too high and that at times the rates mentioned at the time of sale were actually not correct.
- One customer was pleased with the fact that Morgan Gold made the rollover process effortless and quick.
- Another customer expressed his satisfaction with Senior Account Representative Alex Collins. He was able to rollover his 401K into a Gold IRA without difficulties and to make a critical deal thanks to the representative’s useful advice.
It should nonetheless be noted that the organization resolved the problem by offering the customers a full refund. However, despite all the good indications that indicate Morgan Gold is a reputable business, there is one company that outshines it by far: Regal Assets.
Regal Assets is a company which has got several positive reviews from customers who have appreciated the solutions it provides. This company takes pride in looking after their clients in an outstanding manner regardless of the circumstances. The patience and goodwill of the staff are attributes that particularly draw attention regarding customer support.
A lot of dealers are appalled when starting an IRA takes anything from weeks to even months. Nevertheless, the situation is altogether different with Regal Assets as starting a Gold IRA only takes a few days. The yearly storage costs and other charges set by several gold IRA companies is a discouraging factor for many investors who have their mind set on Gold IRA investments. However, Regal Assets makes it all cost-effective by offering a low 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 opportunity, particularly if you have assets worth $250,000 or more.
In relation to shipping and delivery, Regal Assets will go to great lengths to deliver precious metals within seven days after funds are validated. There is no need to concern yourself with the safety and security of your gold as all shipping is 100 % insured. In the unlikely case of a delay in shipping, you can count on getting a free Silver American Eagle from the company in expression of their regret.
With a BBA rating of A+, a BCA rating of AAA and 231 reviews on Trustlink, Regal Assets is certainly a company to consider in the pursuit of financially rewarding investments.