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The Entrust Group Review

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The Entrust Group
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  • The Entrust Group
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  • Last modified: February 2, 2017
  • Quality
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  • Pricing & Fees
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Review Summary:

The Entrust Group proves to be a well-regarded account administrator for tax-advantaged plans and self-directed retirement accounts. They boast more than three decades of experience in the industry, as well as around $4 billion in assets under administration. A key selling point is that they offer more traditional office locations than any of their rivals in the self-directed IRA administration and custodian business. From these branches, they deliver plans for both individuals and businesses.

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The Entrust Group is ranked #5 on our list of the top 10 IRA custodians of 2017. In the following review, we’ll discuss this custodian’s business background, management, reputation, products/services, and their fees for a precious metals IRA.

The Entrust Group (www.theentrustgroup.com/) is a

About the Management

The company's Founder and CEO is Hubert Bromma, a pioneer in the field of self-directed IRAs with nearly 5 decades experience in the financial industry. Mr. Bromma's expertise includes banking, real estate, alternative investments, financial institution consulting, and mergers and acquisitions. The company's president is Jason Craig, former Assistant Vice President at Greater Bay Bank. Mr. Craig has nearly 15 years experience in the financial services field. To learn more about The Entrust Group's Management, see The Entrust Group Team page.

The Entrust Group's Prices and Products

The Entrust Group offers custodial and administrative services to investors interested in adding alternative investments (such as precious metals or real estate) to a self-directed IRA. They provide plans tailored towards individuals (Traditional and Roth IRAs) and businesses (SEP IRAs, and SIMPLE IRAs). The following screenshot from their Precious Metals Dee Disclosure form effectively summarizes their account pricing:

The Entrust Group Precious Metals Fee Disclosure

Take note of the fine print above the Termination Fees heading. The Entrust Group is not partnered with any depositories, and they do not include storage fees within the $150 annual recordkeeping fee, but the storage costs charged by your depository will be billed directly to your account. Thus, the overall cost of owning a precious metals IRA with The Entrust Group will depend on the annual fees charged by your preferred depository. It's always best to choose a storage provider that charges a flat-rate storage fee, as opposed to sliding scale fees that increase with the value of the account. Also keep in mind that some custodians include the cost of storage within their annual fees. To learn more about The Entrust Group's fees for a precious metals IRA, see their complete fee schedule.

The Entrust Group's Contact Details

Key Pages From The Entrust Group's Website

  • Self-Directed IRA Basics – A brief overview of the basics of a self-directed IRA.
  • What is a Self-Directed IRA? – Explains the types of investments that can be made within a self-directed IRA, discusses various account types like Gold IRAs and offshore IRAs, and provides a short overview of the history of self-directed IRAs.
  • Forms – Here you can find all of the forms their clients use to open accounts and complete transactions., including their precious metals IRA fee disclosure form.

Always Review the Competition Before You Buy

The general consensus is that investors should be looking to allocate about 5%-20% of their overall retirement portfolio towards precious metals. This portion of your portfolio is intended to fulfill two primary purposes – its acts as a rather predicable and effective hedge against inflation (when the inflated dollar's value decreases, the value of gold typically rises,) and it provides the opportunity to boost the value of your retirement savings multiple times over in the event of another recession or depression (which could dramatically increase the demand for and price of gold).

What does all this ultimately mean? It means you should be extra careful about how you invest that seemingly small portion of your portfolio, as it could wind up becoming the most important investment you can make for your retirement in the long-term.

Fortunately, we've made it easy for anyone to conduct their own research and compare the leading Gold IRA companies and top IRA custodians. Our guides and comparison charts provide convenient resources from which to research how Gold IRAs work and which companies are the most trusted and cost-effective service providers and bullion dealers.

Contact Us if You Own or Represent The Entrust Group

If you're an owner, representative, or associate of The Entrust Group and you've found any of the details in this review to be erroneous, misleading, or outdated, please do contact us with your concerns. With the intent of providing the most accurate reviews on an ongoing basis, we will gladly revise or remove any content that is outdated or incorrect.

Why Equity Institutional is Ranked #1 IRA Custodian of 2017

While building this year's list of the top 10 IRA custodians, we considered a total of 37 different companies before narrowing down the candidates presented in the finalized custodian comparison table. We've made it easy for anyone to conduct their own research regarding the history, features, reputations, and fees of the leading precious metals IRA custodians. Each company has been thoroughly researched and ranked based on the following factors:

  • preferred/partnered depositories and storage options
  • whether storage fees are included in the annual charge – some companies require you to pay storage fees in addition to annual administration/renewal fees
  • setup charges and account startup cost
  • fee structure – sliding scale annual fees vs. flat-rate annual fees
  • company reputation and industry presence

In addition to excelling in the above aspects, Equity Institutional also ranked as the #1 custodian this year because of their partnership with Regal Assets, the #1 company on 2017's list of the top Gold IRA companies. Equity Institutional partners with bullion dealers, brokers, and investment firms to bring retirement investors cost-effective, streamlined access to precious metals IRAs. While it is possible to setup an account with Equity Institutional directly as an individual, there are numerous benefits associated with opening your account through Regal Assets, including:

  • Regal Assets will waive the first year's setup and storage fees for any account worth more than $10,000. In fact, they may cover up to the first three years' fees, depending on the value of the account. After the account starts to incur charges, the account holder is billed a low flat-rate annual fee (which stays the same regardless of how much gold is stored in the account), as opposed to a sliding scale fee, which increases along with the market value of assets held in the account.
  • Regal Assets make it easy to buy eligible gold bullion and have it deposited directly into your IRA
  • Best online reputation of any Gold IRA company; A+ rating with the better Business bureau, AAA rating with the Business Consumer Alliance, and 5-star ratings on Yelp, The Yellow Pages, Google= and Trustlink.org.
  • Investors can invest as little as $5,000 initially
  • Provides an extensive, industry-leading investor's information kit free to anyone interested (you can access this kit by filling in the simple form at the bottom of this page).
  • Offers offshore storage in Singapore through Brinks, which may be the most secure location to store gold in an IRA.
  • Regal Assets will buy back any precious metals their clients purchase from them and can have the funds credited to the client's account in less than 24 hours, on any given business day.
  • Guides you through the process of learning about precious metals IRA, opening one, and purchasing the appropriate bullion products to store in your newly opened IRA; by far the easiest and most reputable solution to invest in a Gold IRA.
  • Exceptional industry reputation highlighted by appearance in Inc Magazine, Forbes, Smart Money, and MarketWatch. Regal Assets even ranked #20 in Inc Magazine's famous Top 500 list.

If you'd like to learn more about the advantages of opening an Equity Institutional precious metals IRA through Regal Assets, see the full review of Regal Assets. You can also access Regal Assets highly informative investor's education kit that teaches you everything you need to know about investing in a Gold IRA by filling out the simple form below. Even if you don't plan on investing any funds right now, we strongly recommend you consider the content presented in their FREE information kit before making an investment decision in the precious metals industry.

Pros

  • The company has over three decades of experience in the retirement plan business.
  • Their assets under administration are around $4 billion, making them a large and well-regarded operation.
  • The company boasts more physical branch locations than any of their rivals.
  • They deliver retirement plans for both individuals and businesses, including Roth IRAs, SEP IRA's, and Simple IRAs.

Cons

  • The company's $150 yearly record keeping charge does not cover any storage or depository costs.
  • Clients must arrange their own storage option as the firm does not partner with depositories.
  • The Entrust Group proves to be a well-regarded account administrator for tax-advantaged plans and self-directed retirement accounts. They boast more than three decades of experience in the industry, as well as around $4 billion in assets under administration. A key selling point is that they offer more traditional office locations than any of their rivals in the self-directed IRA administration and custodian business. From these branches, they deliver plans for both individuals and businesses.

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