 |
|
|---|---|
| Official Website | www.MorganGold.com |
| Phone Support | 1-800-585-1773 |
| BCA Accredited Rating | A (On a scale of AAA to F) |
| BCA Complaints | 5 |
| TrustLink Reviews |  (Based on 5+ reviews) |
| IRA Transfer Process | 14-21 Business Days |
| 401(K) Rollover Process | Not Disclosed |
| Metals Delivery | 7 Days |
| Setup Fees | $250 |
| Annual Admin Fees | $160 |
| Annual Storage Fees | $100 |
| Preferred Custodian | Self-Directed IRA Services |
| Preferred Depository | Delaware Depository |
| Min Purchase Amount | $20,000 |
| Physical IRA Application |  |
| Digital IRA Application |  |
| U.S. Mint Listed Dealer | |
| ICTA Membership | |
| TRUSTe Verified | |
| Norton Secured | |
| Promotions | None |
In the current economic climate, the demand for gold is very strong. Across the world, economies are struggling and many investors are turning to gold, as a means of acquiring a tangible asset. Over the past ten years, many countries have been in the grips of recession. Some firms have responded to this by providing gold IRA rollover and gold investment services. Morgan Gold (MG) is a firm that helps people who are interested in this type of investing. Purportedly, the firm offers shrewd financial planning advice and expertise.
MG is one of the newer players in the precious metals industry, as the firm was only founded in 2010. Nonetheless, since it was founded, the firm has acquired a respectable number of loyal customers. MG provides customized plans for each investor who sets an account up with them. Moreover, the firm always bases its’ advice on the most recent industry news. MG boasts numerous high profile/celebrity investors, and has appeared on most of the large media channels including Reuters, CNBC, Bloomberg and Fox News.
Investment Services
MG advises customers on gold and silver investments, and manages all aspects of their customers’ retirement accounts. Furthermore, they help customers roll over their existing IRAs to gold IRAs. The fee structure adopted by MG resembles that of other similar firms, in that they charge customers based on their account size. Hence, the more money you invest with the firm, the more you will have to pay in fees. In addition, MG provides guidance to customers about their gold storage options, and about “buying back” their gold and converting it to cash. To start using the firm’s services, you can visit their website, contact them by telephone, or drop into their offices if they are based in your area.
Customer Reviews
Several online reviewers report that they encountered no problems contacting MG, and that they had all of their questions answered satisfactorily. Also, many novice investors say that the firm’s customer support team provided a helpful introduction to the gold investment industry. Other reviewers felt that the gold coins they received were of high quality, and liked the fact that the shipping was affordable and quick.
However, as with the majority of firms, MG has attracted some criticism too. Some reviewers report problems with the customer support staff, claiming that they were impolite, or failed to answer their questions adequately. Another frequent complaint is that the deliveries were delayed, and took considerably longer than what was promised. Also, some past customers say that the fees are excessively high, and not very attractive when compared to other gold IRA firms.
Ratings and Complaints
With Trustlink, MG has a five star rating, based on five positive reviews. As the firm has not been around for very long, it does not have many reviews. Nonetheless, the customers who have given reviews comment on how easy the firm is to work with, and how the firm kept them fully updated on all developments with their account.
The Business Consumer Alliance (BCA) has awarded MG an A rating, which is quite impressive for a young firm. This rating indicates that customers have no grounds for concern, with regards to investing with MG. Although A ratings are not the highest ratings, this is still a respectable score. Partly, these ratings reflect the number of complaints that the firm has received from customers. Over the past three years, MG has received five complaints and the majority of these relate to fees. The customers who filed the complaints either believed that the fees were too high, or that they did not correspond with the fees they were quoted when they signed up with the firm. MG has addressed most of these complaints by offering the appropriate customers a full refund.
Final Thoughts
MG seems to be popular with some investors, however, the complaints above indicate that the firm might be experiencing teething problems. Moreover, normally, flat fees are more advantageous, because they save you cash over the long term, as you keep making investments for your retirement. Unfortunately, as already stated, MG charge based on the size of your account.
Morgan Gold Commercial Video
MG Website Monthly Visitors
MG Contacts
| Phone Support: | 1-800-585-1773 |
| Address: | 19900 MacArthur Blvd. Suite 150, Irvine, Ca 92612 |