Royal Metals Group Review

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Last Updated on: 25th March 2023, 12:47 am

Royal Metals Group
Royal Metals Group - byChris Thomas, April 1, 2011
1.9/ 5stars
on
Royal Metals Group
Review Summary :

Royal Metals group specializes in the sale of gold and silver bullion coins and bars. According to their 'How to Get Started with Precious Metals IRAs' guide, they refer clients to set up an account with Sterling Trust Company (Equity Institutional). Therefore, the annual cost of storing any precious metals purchased from Royal Metals Group in an IRA would be determined by the storage/admin fees charged by Sterling Trust, which is one of the top 10 IRA custodians of 2015.

Pros:

  • Large selection of precious metals bullion and coins
  • Fairly affordable offerings in their catalog
  • Buyback policy in effect

Cons:

  • Many negative reviews from customers
  • Some reports of paid items not shipping
  • No transparent management team
Quick Facts about Royal Metals Group
Reviewed By:Chris Thomas
Have you purchased products from Royal Metals Group? Leave a review!
Bunch of CROOkS
Bunch of CROOkS…told all us agents a bunch LIES…now we are taking the heat for it…leave them as they will lie to you in a skinny minute!!!!!
April 11, 2018, 7:34 pm
lost money
I work for a firm who has a client who lost money with RMG. RMG directed silver to be shipped to them and sold the silver (presumably) and was to have sent a check to Equity International. It never happened.
March 14, 2018, 4:40 pm
do not use this company
Royal Metals received a large sum of money in January 2017 for an IRA rollover from my client. It is now October 2017 and they have yet to totally fulfill the order. At this point they have proven themselves to be non reputable. My client is still out five figures. Save yourself the aggravation and do not use this company.
October 19, 2017, 2:44 am

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(Please note: Royal Metals Group's webpage is currently inactive, and the business may be defunct. For more reviews, consider browsing our list of the top 10 gold IRA companies in America.) 

Royal Metals Group (RMG) (www.royalmetalsgroup.com/) is a precious metals investment group and dealer that was founded in 2009 and is based in Princeton, Iowa. According to their About Us page, the company was started by a group of trusted financial advisors and insurance agents that created the business with the goal of helping clients diversify their portfolios through precious metals investments.

About the Management

Although not much information is given about the company's management staff on their official website, their profile with the Better Business Bureau has Chelsea Gless listed as the Principal Contact and CEO. The company was founded by Chelsea's husband, Richard E. Glass.

Royal Metals Group Ratings and Complaints

The following are ratings and reviews about Royal Metals Group from the top business directories and ratings bureaus online:

  • BBB Rating: A+ (Details)
  • BBB Complaints: 1 complaint in the last 3 years (Details)
  • BCA Rating: Not Listed
  • BCA Complaints: Not Listed
  • CitySearch: Not Rated (Details)
  • Google+: Not Rated (Profile)
  • RipOff Report: Not Listed
  • SiteJabber: Not Rated (Details)

Royal Metals group specializes in the sale of gold and silver bullion coins and bars. According to their ‘How to Get Started with Precious Metals IRAs' guide, they refer clients to set up an account with Sterling Trust Company (Equity Institutional). Therefore, the annual cost of storing any precious metals purchased from Royal Metals Group in an IRA would be determined by the storage/admin fees charged by Sterling Trust, which is one of the top 10 IRA custodians of 2015.

Royal Metals Group Contact Details

  • Address: 634 Hwy 67 #44, Princeton, IA 52768
  • Toll-Free Phone: (877) 234-0472
  • Local Phone: (563) 441-1764
  • Email: Web Form
  • Website: www.royalmetalsgroup.com

Key Pages From Royal Metals Group's Website

  • Bullion & Coins – RMG's complete catalog of gold and silver bullion bars and coins.
  • Buyer's Guide – A FAQ section dedicated to answering basic questions about precious metals investing.
  • About RMG – A brief company overview.

Consider All Options Before Investing in a Precious Metals IRA

With so many companies out there, it can be difficult to select a bullion dealer to purchase gold from when investing in an IRA. Fortunately for you, we've made it easy for anyone to compare the top 70 Gold IRA companies with our convenient comparison chart that streamlines the research process.

Most advisors recommend allocating about 5%-20% of your holdings to hard assets like precious metals in order to protect against inflation and currency devaluation. The experts at RMG recommend dedicating an even larger 20%-40% of your portfolio to precious metals. It goes without saying that choosing a company to trust with such a significant portion of your retirement savings should not be a rushed or underplayed process.

The following are some of the most important factors to consider when choosing a bullion dealer to help you setup and/or stock your IRA with gold or other precious metals:

  • annual admin/storage fees charged by the company;s associated IRA custodian for storage of precious metals in an IRA
  • bullion prices and shipping/ordering policies
  • overall company reputation

We recommend choosing a company that has a great reputation and is directly partnered with an IRA custodian that charges a low flat-rate annual fee. That way you'll be able to purchase IRA-eligible bullion and have it deposited directly into a self-directed precious metals IRA without any extra hassle.

Contact Us if You Own or Represent Royal Metals Group

If you're an owner, representative, or associate of Royal Metals Group and you've noticed any information in this review that is incorrect, outdated, or misleading, please do contact us with your concerns. We will gladly honor any revision or removal requests that are in line with our goal of providing the most useful and accurate company reviews on an ongoing basis.

Royal Metals Group
Royal Metals Group - byChris Thomas, April 1, 2011
1.9/ 5stars
on
Royal Metals Group
Review Summary :

Royal Metals group specializes in the sale of gold and silver bullion coins and bars. According to their 'How to Get Started with Precious Metals IRAs' guide, they refer clients to set up an account with Sterling Trust Company (Equity Institutional). Therefore, the annual cost of storing any precious metals purchased from Royal Metals Group in an IRA would be determined by the storage/admin fees charged by Sterling Trust, which is one of the top 10 IRA custodians of 2015.

Have you purchased products from Royal Metals Group? Leave a review!
Bunch of CROOkS
Bunch of CROOkS…told all us agents a bunch LIES…now we are taking the heat for it…leave them as they will lie to you in a skinny minute!!!!!
April 11, 2018, 7:34 pm
lost money
I work for a firm who has a client who lost money with RMG. RMG directed silver to be shipped to them and sold the silver (presumably) and was to have sent a check to Equity International. It never happened.
March 14, 2018, 4:40 pm
do not use this company
Royal Metals received a large sum of money in January 2017 for an IRA rollover from my client. It is now October 2017 and they have yet to totally fulfill the order. At this point they have proven themselves to be non reputable. My client is still out five figures. Save yourself the aggravation and do not use this company.
October 19, 2017, 2:44 am

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Chris Thomas
Chris Thomas

Chris Thomas is a Senior Editor at Gold IRA Guide. He is an experienced financial and investment author with a strong passion for commodity investing and global economics. Before joining the Gold IRA Guide team, Chris has been writing for various authority financial portals and magazines for over two decades.

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FTC Disclosure: We are an independent blog that aims at providing useful information for retirement account owners interested in alternative assets like precious metals. However, our content does NOT constitute financial advice. Please speak to your financial advisor before making any investment decision. Also, the data quoted on this website represents past performance and does not guarantee future results.

 

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