Perpetual Assets Review – Safe or Risky?
Read our full review on this gold company
Ranked #86 of 68
3 / 5
See our top rated Gold IRA Companies of 2023
Ready to Protect Your Retirement Savings?
The best about Perpetual Assets
The ability to add cryptocurrency to an IRA
Provides a multitude of instructional materials to help investors learn and develop their money with ease
Some reputable financial institurions recognize this company
Ready to Protect Your Retirement Savings?Perpetual Assets
Before we get started with this review:
It is difficult to pick a company you can trust with your hard-earned savings. We understand this, and that is why we create useful information to give you as much knowledge as possible before you make a decision.
To make comparing and choosing a company best suited to your needs as easy as possible, we have created a list of our highest recommended investment companies.
Look to see if Perpetual Assets was selected to our list this year!
Get a FREE Gold Investing Packet from our #1 recommendation:
Protect Your Wealth & Get Huge Tax Savings!
Perpetual Assets Review
Are you looking for a retirement account that offers complete control over your investments and an all-in-one approach for all your investments, including precious metals and cryptocurrencies? Perpetual Assets LLC IRA may be the solution you need.
Perpetual Assets is America's cryptocurrency and precious metals dealer specializing in retirement accounts. The IRA company allows you to invest across numerous asset classes with ease.
With checkbook control of the LLC, you can manage your investments without any transaction fees or delays, ensuring the timely execution of transactions. In this Perpetual Assets review, you'll learn everything about the company to help you make an informed decision.
Our Rating Categories
Our review of The Perpetual Gold IRA will cover the following;
1. Product Range and Services
3. Customer Care
4. Company Reliability
5. Customer Reviews
Perpetual Assets Review: Our Verdict #86
Perpetual Assets is a company specializing in retirement investment solutions for individuals wanting more control over their investment portfolio.
One of their unique offerings is the LLC IRA retirement solution, which allows clients to control their retirement accounts and invest in a wide range of asset classes.
LLC IRA accounts are self-directed retirement accounts managed by a limited liability company (LLC) rather than a traditional custodian or administrator.
This means that the account owners can make their own investment decisions independently without needing approval or oversight from a third-party administrator, which is typical in a traditional self-directed IRA.
An important aspect of an LLC IRA is the Checkbook control it offers. This feature allows the account owner to have direct control over the funds in the account.
With checkbook control, the account owner can write checks or make electronic transfers from the LLC's bank account to make investments or pay expenses directly without going through a custodian or administrator.
This is different and better than a traditional self-directed IRA, where the account owner must go through a custodian or administrator every time an investment decision or transaction is made.
The LLC IRA is an all-in-one retirement investment solution, allowing clients to invest in various asset classes. This includes stocks, real estate, bonds, precious metals, and even cryptocurrencies. The account owner can decide which assets to invest in and make those investments directly through the LLC's bank account using checkbook control.
Review of Perpetual Assets: Overall Rating: 3/5
Perpetual Assets Pros & Cons
Complete control over retirement account investments, including precious metals and cryptocurrencies, through LLC IRA.
Flexibility to invest in numerous asset classes with ease.
Ability to fund precious metal IRA accounts using crypto.
Checkbook control of the LLC allows for managing investments without transaction fees or delays.
LLC IRA setup cost can be paid with retirement funds
Prohibited transactions, such as life insurance contracts, collectibles, and self-dealing.
Establishing the Self-Directed IRA with an IRS-approved Trustee and completing transfer documents can be cumbersome and complicated.
Perpetual Assets Review: Key Summary
|Perpetual Assets' decade-long tenure in the industry has allowed them to refine their processes and provide an exceptional experience, which their knowledgeable executives are at the forefront of.
|Perpetual Assets, Inc. operates its business on a user-friendly and informative website design, catering to the preferences of the Gen-Z demographic.
|The company recognizes the importance of knowledge in the world of investing. Hence, they have dedicated resources on their website to explain the LLC IRA solution they offer and provide intuitive charts for currency pairs and real-time precious metal updates. Additionally, they offer a newsletter to keep clients in the loop.
|Perpetual Assets has tried to cater to the needs of existing and potential clients. The company provides various communication channels such as phone lines, email, Facebook, LinkedIn, and other social media platforms to ensure clients can easily get in touch with representatives of the company. However, it’s unlikely that an actual representative constantly mans these channels.
|Available Precious Metals Offer
|In addition to cryptocurrency, the company stocks only gold and silver bars, rounds, and coins. Platinum and palladium are currently unavailable.
|It is possible that Perpetual Assets prefers to use Brinks Global for the storage of precious metals, although this is not explicitly stated on their website. This assumption is based on the fact that they have mentioned using Brinks for shipping precious metal products to clients, which would suggest that it is also a logical choice for storage.
|Other Investments Available
|Perpetual Assets LLC IRA offers clients the flexibility to invest in numerous asset classes apart from precious metals, including but not limited to stocks, bonds, real estate, and other selected investments.
|The custodian partnered with Perpetual Assets, also known as administrators, charge a flat annual fee of $200 for account maintenance and other necessary services. This fee remains consistent irrespective of the total assets held in the account.
|Trust link Rating
|Consumer Alliance Rating
The Bottom Line
Perpetual Assets is a company that provides a unique and secure way for clients to invest in gold and other precious metals through IRA LLC and Rollover options.
Despite having limited customer reviews, the company offers competitive pricing and a user-friendly online store.
The process for investing with Perpetual Assets involves selecting desired products and making a solution payment, after which the company takes over and creates the LLC IRA or facilitates a rollover process on behalf of the client.
Product Range and Services
Perpetual assets inc offers a wide range of Precious Metals to choose from, including Gold and Silver coins, bars, and rounds. Although the company does not stock palladium and platinum products, they still offer a rich inventory of other precious metals - gold and silver.
Perpetual Assets' inventory includes popular products such as the American Gold Eagle, Australian Gold KangarooCanadian Gold Maple Leaf, and South African Krugerrand. In addition, they offer bars such as the PAMP Suisse Gold Bars and rounds like the Australian Kangaroo and Canadian Silver Maple Leaf.
Furthermore, Perpetual Assets claims to have an inventory of products that are not listed on their online shop. Clients who are interested in exploring the full range of products available can call in to find out what's available or request a full catalog.
Perpetual Asset Gold IRA Services
Perpetual Assets offers a range of gold IRA services that give LLC IRA clients greater control over their retirement investments.
With its LLC IRA solution, clients can transfer any type of IRA account, including Traditional, Roth, 401k, SEP, and SIMPLE IRAs, to an LLC IRA that allows for a broader range of investment options.
Perpetual Assets assists clients in the set up of the LLC IRA, which includes;
1. The establishment of a self-directed IRA with an IRS-approved trustee.
2. Formation of a special purpose LLC.
3. Preparation and filing of articles of organization.
4. The search for potential company names.
5. Preparation of EIN filing and obtaining an EIN.
6. Obtainment of a certificate of an organization from the Secretary of State.
7. Formation of an LLC business bank account for every IRA new account.
8. Perpetual Assets Crypto OTC implementation.
The company also helps clients prepare a customized and IRS-compliant operating agreement and completion of documents to transfer funds to the LLC.
With the greater flexibility that LLC IRA guarantees, clients can invest in a broader range of assets, including crypto, bonds, and real estate, aside from precious metals. This way, investors can tailor their portfolios to their specific investment goals.
Perpetual Asset Gold IRA Pricing is known for being transparent and easy to understand. The company maintains a clear and straightforward pricing model for all its gold and silver products, including coins, bullion, and rounds.
Perpetual assets clients can browse the company's inventory on their intuitive e-commerce-enabled website, where they will find the current price for each product. Once clients have selected the products they wish to purchase, they can add them to their cart and proceed to checkout.
The price of each commodity added to the cart is locked in upon the account being funded, so clients don't have to worry about unexpected price changes during the purchase process.
Perpetual Assets also encourage clients to buy more precious metals by offering discounts for certain ranges of products.
For example, clients who purchase more rounds at a time are given discounted prices per unit, which can encourage them to invest in more precious metals for their retirement portfolio.
Perpetual Assets Gold IRA costs / fees
Perpetual Assets provides a solution for facilitating and setting up a client's LLC IRA. The company's fee for this service is a one-time charge of $1997, and clients are allowed to pay this fee using their IRA funds.
Additionally, an annual fee is payable to the custodian that Perpetual Assets partners with. This annual fee is a flat rate of $200 and remains constant regardless of the number of assets held in the client's IRA.
The company believes in maintaining a transparent and straightforward pricing structure, ensuring clients understand the costs of setting up and maintaining their IRA account.
Perpetual Assets requires clients who are interested in opening an LLC IRA to have a total initial investment of $1997 plus $200 for LLC IRA setup and annual custodian fee, respectively, which sums up a total of $2197.
However, for clients rolling over a Self-directed IRA from a former custodian, such as a 401k or Roth plan, Perpetual Assets allow the payment of the LLC IRA registration with rollover funds.
New clients can pay this amount using a credit card, bank wire, or crypto. After the LLC IRA is created, clients can now invest in whatever asset they prefer, including precious metals.
Clients who are not ready to commit to an LLC IRA can still buy one-off precious metal products like coins, rounds, and bars and have them shipped to them fully insured.
However, this shipment incurs a cost, and the following shipping rates apply: an order total of $1000-$2,000 costs a shipping rate of $9.99, while an order total of over $2,000 will cost a shipping rate of $19.99.
Perpetual Assets places great emphasis on providing top-notch customer service to all its clients. They prioritize their clients by ensuring that all queries are attended to promptly and that their social media handles are updated in a timely manner.
Moreover, the company offers customized services by providing its clients with peace of mind through insurance coverage for all shipped products.
Clients can rest assured that in the unlikely event of lost or damaged products, Perpetual Assets guarantees a refund, provided the client reports the issue within five business days.
The company is also committed to ensuring that its clients are satisfied with their services by offering personalized education to ensure that clients are well-informed about their investments.
Perpetual Assets Gold IRA Educational materials
Perpetual Assets offers top-notch educational materials to help both seasoned and novice investors understand the concept of an LLC IRA.
Their website has a well-crafted copy detailing how the process works and an animated explainer video that breaks it down into easily digestible bits.
Additionally, they provide a detailed page that transparently outlines the LLC IRA setup process and Perpetual Assets' role. Terms and conditions associated with LLC IRA, as well as shipping of products, are also detailed on their website.
They also have a FAQ section that answers clients' most common questions. In case of any further questions or inquiries, clients can contact their support team via email or phone.
Perpetual Assets has established itself as a trusted and reliable company in the precious metal industry located in Sheridan, Wyoming.
While some online resources suggest that the company was founded in 2013, the company's official website does not confirm this.
Nevertheless, 10 years of experience in the industry is a significant achievement and has allowed the company to build a strong reputation and authority in the niche. Many of their competitors making remarkable strides in the industry are even younger than Perpetual Assets, but of course, it depends on the strategy and quality of service offered.
With a decade of experience, the company has likely honed its strategy and can provide a seamless LLC IRA experience for all of its clients.
Perpetual Assets Gold IRA Company history and background
Little is known about the company's history and background. Several online sources have information about the company, but this information needs to be verified.
The company needs to provide a clear picture of how it started and its beginnings, which can create a sense of insecurity for potential clients. The company has called itself "America's first cryptocurrency and precious metal dealer," but this claim cannot be verified.
The founder of Perpetual Assets is identified as Gus Desmos by Better Business Bureau, but his personality has yet to be discovered to the public. Co-founder Will Lehr is the only identifiable personality associated with the company, but he is not active on LinkedIn, with his last post being in 2020.
Also, his LinkedIn profile indicates that the company has an employee range of 1 to 10, but their identities remain unknown.
Perpetual Assets has a limited number of reviews available from actual clients. After researching their social media platforms, we found they have received very few ratings on their Facebook business page, with only a few sporadic likes on posts.
Similarly, there are no customer reviews on their Twitter handle. We tried to find reviews on Trustpilot, although the company has claimed its profile, which confirms its status as a legitimate company.
Our only customer reviews were on their website, where purported clients praised the company's excellent service. However, such reviews should be viewed with skepticism as they are inherently biased.
This raises the question of why positive reviews are only found on their website rather than on other independent review platforms.
Perpetual Assets Gold IRA independent 3rd party customer reviews
Perpetual Assets Gold IRA has received few customer reviews on third-party websites. Although the company has an A+ rating on Better Business Bureau (BBB), they have not been accredited or received any customer reviews on the platform.
Similarly, no perpetual assets reviews exist on other websites such as Trustrating, Ripoff, and Yelp.
Note that while the lack of reviews on third-party sites is a tale-tell sign about the company's performance, it does not necessarily indicate its existence, reliability, or quality of service.
Perpetual Assets vs the competition
Best Customer Reviews
Gold, Silver, Platinum & Palladium
$5,000 non IRA
Best for inflation protectionVisit Goldco
Gold & Silver IRA
$3,500 non IRA
$50 + $30
$100 Admin Annually
$100 Non Segregated
Get 10% back in FREE silver
Augusta Precious Metals
"Best Company Reviews"Visit Agusta
Gold, Silver, Platinum & Palladium
$50,000 non IRA
$200 Admin Annually
American Hartford Gold
Best Gold IRA PriceVisit AHG
Gold & Silver IRA
$2,500 non IRA
$180 Admin Annually
Free silver worth up to $5,000 on qualifying purchases
Birch Gold Group
Best Customer ReviewsVisit Birch Gold
Gold, Silver, Platinum & Palladium
$5,000 non IRA
Alternatives to Perpetual Assets
If Perpetual Assets Inc is too "expensive" for you, consider the two cheaper alternatives below:
Alternative "Augusta Precious Metals"
Augusta Precious Metals is a renowned investment firm that has been in the business of precious metal investments since its establishment in 2012. One unique concept that sets Augusta Precious Metals apart from other investment services is its unconventional method of investing in precious metals.
They have introduced innovative investment products that allow investors to take advantage of the benefits of precious metals. The range of products offered by Augusta Precious Metals is impressive and includes coins and bars made of gold, silver, platinum, and palladium.
These precious metals come in different weights and purity levels, allowing investors to select the best option that suits their investment goals. Apart from its vast range of products, Augusta Precious Metals offers various services, making them a one-stop shop for precious metal investment.
These services include ROTH plans, Traditional and Simple IRA, and rollover. This means that investors can choose from various investment options that meet their needs and preferences.
Moreover, Augusta Precious Metals' website features an exclusive online store that is incredibly user-friendly and simple to navigate. This gives investors an effortless purchasing experience, allowing them to buy precious metals at the click of a button.
Their team of expert consultants not only guides clients through protecting their retirement assets with a Precious Metals IRA but also takes the time to educate clients on the benefits and potential risks involved in this type of investment.
Goldco's online offers a user-friendly purchasing experience and valuable resources such as educational videos, articles, and market updates. Their dedication to customer education empowers clients to make informed decisions about their investments and feel confident in their financial future.
In addition, Goldco's exceptional customer service ensures that clients receive personalized attention and support throughout the entire process, from opening a Precious Metals IRA to purchasing and storing their desired products.
With over ten years of experience in the industry and a commitment to transparency, Goldco may be your preferred partner for protecting and growing your retirement assets.
How to invest in Perpetual Assets
Investing in Perpetual Assets Gold IRA is a straightforward process that can be completed by visiting their website at PerpetualAssets.com.
First, if you're a new client (without an existing IRA held anywhere), select the gold and silver bullion products you want to include in your IRA and choose LLC IRA during checkout.
At this point, you will be required to pay $1997 using bank wire, credit card, or crypto and provide other necessary information. Once the payment is made, Perpetual Assets will take up the process and create the LLC IRA within a few business days, after which the cryptocurrency private keys will be handed over to you.
The procedure remains the same if you are an existing IRA holder looking to roll over to Perpetual Assets Gold IRA. However, during checkout, you will need to choose the Rollover option and select whether you want to pay for the LLC IRA solution using your rollover funds.
Once you have paid, your rollover will proceed to one of the Perpetual Assets administrators who will take care of the rollover process and create the LLC IRA for you.
Do We Recommend Perpetual Assets?
Our investigation confirms that Perpetual Assets is a legitimate company. Based on our assessment of Perpetual Assets, we are impressed with their unique IRA LLC concept that allows for various investments, including precious metals, bonds, and real estate.
But we have concerns about their credibility and genuineness. For instance, the claim of being the US's first Crypto and Precious metal IRA company needs to be fact-checked. The regal asset and other precious metals companies also allow crypto and Precious meta. Regal Assets particularly was established in 2009, four years before Perpetual Assets.
Additionally, information about the company's founders is not readily available, and there needs to be more transparency about their partner custodians. Furthermore, there need to be more reviews on other platforms except for their website, which may need to be more accurate.
Therefore, we do not recommend Perpetual Assets Inc to any investor at this time. It is advisable to seek other genuine and honest companies that can meet your needs.
Our Verdict : 3/5
$25,000 Minimum Investment
Get up to 10% Back in FREE Silver
Perpetual Assets' FAQs
What is the minimum investment for Perpetual Assets Gold IRA Precious Metals Gold IRA?
The minimum investment for Perpetual Assets in Gold IRA is the solution fee of $1997 and an annual custodian fee of $200. These two components add up to $2197, in addition to any amount the client is willing to invest.
What type of metals should I have with my Perpetual Assets, Gold IRA?
The type of precious metals to have with Perpetual Assets, Gold IRA, Gold or silver bullion, will depend on investment goals, risk tolerance, and market conditions. It is recommended to have a prior consultation with a precious metals specialist to determine the best to include in a Gold IRA.
When would I be qualified for the Perpetual Assets Gold IRA distributions?
You would be qualified for Perpetual Assets Gold IRA distributions when you reach the age of 59 1/2 or in case of death or disability.
Is there a buyback program for Perpetual Assets Gold IRA?
Yes, there is a buyback program for Perpetual Assets Gold IRA. However, as stated on the company’s website, clients are not entitled to it. Ensure to read the terms and conditions.
What storage options do I have with the Perpetual Assets Gold IRA?
Perpetual Assets claim to offer clients segregated storage options for their Gold IRA, but the storage provider is not explicitly stated on their website.
Why would I need a custodian to handle precious metals in my Perpetual Assets Gold IRA?
You would need a custodian to handle precious metals in your Perpetual Assets Gold IRA because it is legally required for all IRA assets to be held by a custodian. The custodian ensures compliance with IRS regulations and manages the logistics of buying, storing, and selling precious metals.
Who is the custodian of Perpetual Assets Gold IRA Precious Metals Gold IRA?
The company does not disclose the Perpetual Assets Gold IRA custodian, but it is speculated to be Brinks Global.
How long will it take to roll over my IRA to the Perpetual Gold IRAs Precious metals Gold IRA?
Rolling over an IRA to Perpetual Assets Gold IRA Precious Metals Gold IRA depends on your current IRA custodian. However, it typically takes between 2-4 weeks or less for the process to be completed.