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 volatile currencies such as the dollar. In light of these developments, several companies came up to bridge the gap and provide the opportunity to trade silver, gold and other precious metals. These kinds of commodities have become more popular because they are hardly ever affected by the familiar economic realities and lack of stability.
People nowadays are opting to convert their Individual Retirement Accounts into Gold IRAs that are supported by gold through businesses like Morgan Gold. This approach is termed a 401k to Gold IRA rollover. All such precious metal accounts that are opened with Morgan Gold and other similar companies are kept in institutional depositories licensed 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 bars and coins.
Morgan Gold, a company based in Irvine, South California, is well-known for dealing with any type of rollover . For a company that was started in the year 2010, many people could point out that it has gone beyond its own expectations. With a staff of pros in several areas, the firm is competent to give expert guidance in topics such as gold trading, investment planning and rare coins. They are surely quite effective at configuring Gold IRAs and also provide you with storage space at the following cost:
Storage for commingled precious metals
- For gold worth less than $250,000, the price is $100
- 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
- Minimum of $200 in fees
- $2 for every $1000 worth of the gold stored
BBB Ratings of Morgan Gold
Even though Morgan Gold is BBB-accredited, there are not any current ratings assigned to the business. It has nevertheless been determined that the company is focused on endeavouring to resolve all the client complaints that might come up. The Better Business Bureau has been observing Morgan Gold since March of 2013 and since that time there has been one complaint. The factors that are responsible for Morgan Gold LLC’s higher rating include:
- The volume of complaints by the Better Business Bureau in view of the size of the business
- The answer to one complaint lodged by a client
- The resolution of the complaints which were filed against the organization
- The sufficient background data the Better Business Bureau has compiled on Morgan Gold.
BCA Rankings of Morgan Gold
In the last years, there have been 5 complaints about Morgan Gold noted by the BCA. Yet, that has not prevented the same alliance from assigning a rating of A, which is considered an outstanding rating. Those complaints involved inaccurate price quotations, shipping and delivery, and insurance problems. Nevertheless, all the complaints presented are said to have been resolved.
TrustLink Rankings of Morgan Gold
Morgan Gold has been given a five-star rating from TrustLink and has received 5 reviews. The fact that the business does not have that many reviews on TrustLink is not a very encouraging or persuasive revelation. That is not enough material for a prospective client to base a conclusive decision on, particularly because some of the reviews date back to 2010.
Client Reviews of Morgan Gold
- Some clients feel that the rates are too high and that often the rates stated at the time of sale were incorrect.
- One client was very pleased with the fact that Morgan Gold made the rollover experience simple 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 deal thanks to the representative’s valuable guidance.
However, it should be noted that the company solved the issue by offering the clients a full refund. Nevertheless, despite the signals that point to Morgan Gold as a reputable company, there is one business which far surpasses it: Regal Assets.
Regal Assets is one company which has received many good reviews from customers who have appreciated the services it provides. The business takes pride in treating their customers exceptionally well regardless of the circumstances. The patience and goodwill of the staff are traits that particularly draw attention regarding customer support.
Many dealers are aggravated when establishing an IRA requires weeks or even months. On the other hand, the situation is completely different with Regal Assets as configuring a Gold IRA only takes a few days. The yearly storage costs and other charges set by many gold IRA companies is a hindrance for most traders who have set their eyes on Gold IRA investments. However, Regal Assets makes this very affordable for you by offering a low and unique flat storage and administration fee of $250 a year. In view of the charges that apply for Morgan Gold, this is a very convenient solution, especially if you have assets worth $250,000 or more.
With regards to shipping, Regal Assets will go to great lengths to deliver precious metals within seven days after funds have been approved. You do not have to stress about the safety of your gold because all shipping is entirely insured. In the improbable case of a delay in shipping, you can count on receiving a free Silver American Eagle from the company in expression of their regret.
With a BBA ranking of A+, a BCA score of AAA and 231 reviews on Trustlink, Regal Assets is definitely a business to consider in the search for rewarding investments.