Patriot Gold Group Review – Risky or Safe Investment?
Read our full review on this gold company
Ranked #13 of 68
Patriot Gold Group
3 / 5
The best about Advantage Gold IRA
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You can transfer existing retirement accounts, such as Roth IRAs or 401(k)s, to Patriot Gold Group. They also directly sell gold and silver, making it simple to finance your retirement account.
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Customers of Patriot Gold Group have access to many depositories for the safe safekeeping of their gold and silver.
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They are regarded for providing excellent customer service, which is especially tempting given that this partnership might last decades.
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Patriot Gold GroupBefore we get started with this review:
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Choosing a business you can rely on with your precious savings is challenging. We are aware of this, which is why we produce informative content to provide you with as much knowledge as possible before making a choice.
We have compiled a list of our top-rated investing firms so that comparing and selecting one that best meets your needs will be as simple as possible.
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Patriot Gold Group Review
Patriot Gold is a corporation that deals in precious metals involving investments in gold and silver. The corporation presents an option for a zero-fee IRA for their clients that meet up to the minimum amount required. Patriot Gold Group assists investors in acquiring, trading, and reserving precious metals for interest. It enables their customers to create precious metals Individual Retirement Accounts (IRAs), generally known as Gold IRAs.
Patriot Gold Group representatives allow clients to create a gold IRA, making it possible for them to invest in precious metals and obtain tax benefits. They also assist their clients in managing, storing and transporting their precious metals. This patriot gold group review will show you all you need to know about the company and its available offers.
Patriot Gold Group Review:
Patriot Gold Group is a famous precious metals broker with several positive client reviews from various sites. They manage your IRA in such a way that enables you to maintain custody of your account. Patriot Gold cooperates with their clients' storage facilities and IRA custodians to ensure a smooth and easy process of buying/selling their assets from a Patriot gold group store.
In most situations, you must make a phone call for a transaction to take place. Then the customer service representatives guide you and make the process easier. Without this assistance, you should expect to spend some time arranging separate meetings with the broker, the vault company, the custodian, and the shipping company. Patriot Gold Group regulates this procedure to confirm that all phases are conducted correctly after obtaining instructions from the client.
Patriot Gold IRA Review: Overall Rating:
Our overall rating of Patriot Gold IRA is 3/5.
Patriot Pros & Cons
Benefits
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They are specialists in precious metals IRAs and are conversant with the processes.
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They have positive reviews on the BBB (Better Business Bureau), Trustpilot, and the BCA (Business Consumer Alliance).
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The corporation possesses qualified staff that are experts who can help you to create an SDIRA (self-directed IRA).
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They are well experienced and offer their clients direct pricing.
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They do not charge accounts with $100,000 and above for IRA fees
Disadvantages
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To attain enough understanding of their services, you must call their service team or fill in a form on their website.
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To set up your account, you need to pay $225, which is quite more than other competitors in the gold IRA industry.
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Their minimum investment is high, at $25,000
Patriot Gold Group Review: Key Summary
Experience | Patriot Gold Group was founded in 2016. They maintain a good reputation in the precious metals industry with their well-experienced and courteous personnel. |
Website | Their website's interface is easy to navigate, highly rated by clients, and informative. |
Client Education | They provide their clients with free educational resources in their knowledge centre, where clients can learn about investing in the gold IRA program. |
Customer Service | The corporation's outstanding customer service team ensures a smooth and fast setup process. |
Available Precious Metals Offers | Gold, Silver |
Physical Storage | Texas Depository, Brinks Global Services USA, and Delaware Depository. |
Other Investments Available | Gold IRA, Silver IRA, 401 (k) Rollover |
Annual Fees | They charge $140 for insurance and storage and a $60 management fee for IRA custodians. |
TrustLink Rating | 4.7/5 |
Consumer Alliance Rating | AAA |
The Bottom Line
Patriot Gold group has a lot of desirable offers that so many people want. Additionally, the company deems customer contentment and reliance over other things.
This attribute has made them put their client's interests at heart, as evident in their services. They respond effortlessly to clients and are duly available from their social platforms below;
Product Range and Services
Patriot Gold group offers a wide range of precious metals, from coins for IRA clients to bullion bars and coins. Like other precious metals dealers who help you store precious metals, Patriot Gold also handles bullion, gold and silver coins that are accessible for investment aside from a gold IRA.
However, a few of these goods are liable to certain reporting laws. So, buyers gold bars are urged to recognize the restrictions connected to their investments. And they are also urged to understand the form of precious metals they are contemplating.
Patriot Gold Group Gold IRA Services
Patriot Gold group offers silver, gold and bullion coins that you can store in precious metal IRAs for investment if you want to purchase precious metals. Their services cover gold IRA, Self directed IRA, 401 (k) rollover, silver IRA, precious metals IRA, simple IRA planning, traditional IRA, SEP IRA Planning, Precious metal IRA, and Roth planning, new precious metals IRAs etc.
If you want to purchase gold and silver IRA related precious metals, the group has a sufficient supply of silver and gold coins that are qualified for storage in a precious metals IRA. Some available IRA-authorized gold bars and coins available for your gold investments are;
While examples of their available silver coins include;
- The Canadian Silver Maple Leaf and
- The Silver American Eagle.
- Silver polar bear
Pricing
Patriot Gold group gold IRA gives you great value for the money you put in your precious metals investing. The Patriot Gold group website offers competitive pricing on its precious metal coins — gold and silver.
They also operate a distinct layout and precious metals ira facilitation which enables their clients to function directly with holders, thereby removing shared earning costs for executives and shareholders.
Patriot Gold Group Gold IRA Costs / Fees
Patriot Gold's full-time account setup and storage fees for new gold IRAs is $225. However, this fee is forfeited if the investment is $30,000 and above.
Accounts with $250,000 or more are liable for a no-fee-for-life IRA. Their custodian fee depends on the custodian company employed by the customer. For Strata Trust, the fee is $150, while Equity Institutional is $180.
Minimum Investment
The minimum amount of precious metals investments for investing in Patriot Gold precious metals IRA is $25,000. Although the price is quite higher, their no-fee-for-life IRA makes them a go-to for IRA investments like self directed IRA.
Customer Care
Patriot Gold Group precious metals brokers deliver customized services and client education to their customers. Like most precious metals brokers, they take pride in their remarkable customer service and immediate setup process. Patriot Gold Representative would aid you through the whole process of registration. And you can go through that process with just your phone.
Patriot Gold Group Gold IRA Educational Materials
Patriot Gold Group precious metals dealer devotes an unrestricted Gold Coin Investor Guide that would teach and enlighten their customers on investments in precious metals. Also, their company website has a Knowledge Center that aids new clients wanting to invest in the precious metals business.
Company Reliability
Patriot Gold Group Gold IRA has been in business since 2001. They have been operating for quite a while now but have no record of being called a scam. They appear to relish a friendly relationship with their customers and federal agencies. A worthy mention of their reliability is that they have been promoted by Dick Morris (a respected political anchor with so many followers).
Patriot Gold Group Gold IRA Company History and background
Patriot Gold Group was inaugurated in 2016, with their headquarters in Los Angeles, California. The CEO and founder of Patriot Gold Group is Jack Hanney. Jack Henny graduated from the University of Vermont with more than 20 years of experience in Finance. He also has more than a decade's experience in the Tech industry. Jack Hanney has been the company's CEO since its conception in March 2016.
Customer Reviews
Patriot Gold Group Gold IRA is top-rated by clients. As a leading company in the precious gold IRA business, it has developed significant measures to fine-tune its client's service experience. Customer ratings for the group are exceptionally high, and several individuals appear to be very satisfied with their good customer service.
Patriot Gold Group Gold IRA Independent 3rd Party Customer Reviews
Patriot Gold Group retains an A+ rating with the BBB (Better Business Bureau). Patriot Gold Group reviews on Consumer Affairs indicate a 5-star rating with barely a few criticisms from the 128 indicated reviews. On Facebook, they have rated 4.4 stars out of 5 stars reviews. Several clients express how their customer representatives are up to the task on Google reviews.
Average star ratings
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BBB: A+
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BCA: AA
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Trustpilot: 4.9/5
Comparison
Patriot Gold Group vs the competition
Patriot Gold Group
Best Customer Reviews
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Gold, Silver, Platinum & Palladium
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$10,000
$5,000 non IRA
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80$
80$ Annually
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$100
Annually
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A+
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AAA
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None
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Gold & Silver IRA
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$25,000
$3,500 non IRA
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$50 + $30
$100 Admin Annually
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$150 Segregated
$100 Non Segregated
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A+
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AAA
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Get 10% back in FREE silver
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Gold, Silver, Platinum & Palladium
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$50,000
$50,000 non IRA
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$50
$200 Admin Annually
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$125
Annually
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A+
-
AAA
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None
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Gold & Silver IRA
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$10,000
$2,500 non IRA
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$50
$180 Admin Annually
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Variable
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A+
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AA
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Free silver worth up to $5,000 on qualifying purchases
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Gold, Silver, Platinum & Palladium
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$10,000
$5,000 non IRA
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80$
80$ Annually
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$100
Annually
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A+
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AAA
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None
Alternatives to Patriot Gold Group
>>CLICK HERE to read our list of the top gold investing companies.<<
If Patriot Gold Group Gold IRA is too "expensive" for you, consider the two cheaper alternatives below:
Alternative “Augusta Precious Metals”
Augusta Precious Metals is a notable leading company and IRA custodian of physical gold and silver for your IRAs. They are very popular among those qualified for retirement. They offer services comprising free manuals on evading conspiracies and high-pressure schemes in an unregulated business.
Alternative “Goldco”
Goldco provides IRA management that assists you in establishing a better and different proposal for your retirement through precious metals investment. With Goldco, clients receive an IRA rollover procedure that is effortlessly incorporated with excellent guidance on precious metals investment. By reviewing several other financial specialists in the market, Goldco has delivered a wide range of services to help their customers.
How to invest in Patriot Gold Group
Patriot Gold Group ensures an easy process of investing in their gold IRA by following these three (3) under-listed processes.
- Complete the signup form on their company website. You will accordingly be given your free gold IRA investor guide. One of their customer service agents will then contact you to confirm some of your data. Then set up your account for use within a day after completing the signup process.
- For those with an existing IRA, you can roll over your investments into your newly created gold IRA account. While those without an IRA can finance the account using monetary means.
- Immediately after depositing the money into your IRA, their teams will train you in storing and trading your precious metals.
Do We Recommend Patriot Gold Group?
Patriot Gold Group is an indispensable selection for your precious metals IRA. The no-fee-for-life offer for clients with $250,000 or more in their accounts is an attractive feature that most would love to attain. With their high regard for customer service, outstanding ratings, discounts on fees and client education, they are one of the highly recommended precious metals dealers.
Our Verdict : 3/5
Patriot Gold Group's FAQs
What is the minimum investment for Patriot Gold Group Gold IRA Precious Metals Gold IRA?
The minimum investment for Patriot Gold group gold IRA is $25,000.
What type of metals should I have with my Patriot Gold Group Gold IRA?
You can choose to have gold and silver coins and bullion in your Patriot Gold group gold IRA; the choice is yours.
When would I be qualified for the Patriot Gold Group Gold IRA distributions?
You would be qualified for the Patriot Gold group gold IRA distributions when you reach 59½. Any prior withdrawal to that age would cost you a 10% penalty fee and your owed taxes.
Is there a buyback program for Patriot Gold Group Gold IRA?
Yes, they have a buyback program for any of their clients ready to liquidate their assets.
What storage options do I have with Patriot Gold Group Gold IRA?
The storage options available for you with Patriot Gold group includes — Brinks Global Services, Texas Depository, and Delaware Depository.
Why would I need a custodian to handle precious metals in my Patriot Gold Group Gold IRA?
According to IRS guidelines, you must employ custodial services for your precious metals and gold IRAs
Who is the custodian of Patriot Gold Group Gold IRA Precious Metals Gold IRA?
Patriot Gold Group operates with various IRA custodians, including Equity Institutional, STRATA Trust, New Direction Trust Company, Kingdom Trust Company, Gold Star Trust Company, and The Entrust Group.
How long will it take to roll over my IRA to the Patriot Gold Group Gold IRA Precious metals Gold IRA?
Due to their efficient customer service, the rollover of your IRA into the Patriot Gold group gold IRA happens within 48 hours if there are no challenges.