Top Gold IRA Companies & Custodian Reviews (2020) | Gold IRA Guide
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Gold IRA GuideTop 5 Gold IRA Companies + Reviews (2020)

Top 5 Gold IRA Companies + Reviews (2020)

disclosureimageIf you have decided to invest in a Precious Metals IRA in 2020 (or rollover a previous retirement vehicle such as a 401k or 403b to a Gold IRA), your next step is to decide which Precious Metals IRA company to work with. This is not a decision to take lightly, as some companies have a better track record than others. Some have even been accused of fraud! Also, it is important to know that some companies handle the entire process (including dealing with your IRA custodian and providing storage) while others simply sell the metals. Here is a comparison chart that will help you make an enlightened decision. We have extracted the most recent ratings of each company on authority review boards such as the BBB, BCA, TrustLink and others. Click on the “View Full Review” button next to each company to see a more detailed review. Don't forget to print out this page for future reference!

Note: we strongly recommend that do your due diligence and call a few different companies before making an investment decision. Also, speak to your financial advisor before investing in any asset class. 

#1. Top Overall Company

  •  Highest Amount of Positive Reviews
  •  Largest List of Alternative Assets
  •  Offers strictly IRA-approved bullion
  •  First year's fees waived

Great customer reviews, virtually zero complaints, a competitive pricing structure and a great selection of IRA-approved precious metals and bullion coins are the reasons why Regal Assets earned the 1st spot in our Top Gold IRA firms list for 2020. Note that at the time of writing this review, Regal Assets is charging $0 for rollover/transfer fees, offers guaranteed shipping in under 7 days (fastest in the industry), and charges $0 storage and admin fees for the first year.

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#2. Top Gold IRA

  •  A+ BBB Rating
  •  Great Expertise in Gold IRA Investments

🕿 1-855-465-3472

@ goldco.com

Goldco is definitely no stranger when it comes to Gold and Silver IRA investments. We like their team's transparency, their education materials and dedication to making their clients feel at ease with their investment. If you are thinking of rolling over a retirement account to IRA-approved gold and silver coins, then Goldco should be on your call list! However, if you are looking a for more extensive selection of metal products, including platinum and palladium coins, or other alternative assets you'll need to look elsewhere. Goldco is a highly rated organization committed to the satisfaction and education of its would-be clients.

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#3. Top Fee Structure

  •  Competitive Fee Structure
  •  Experienced Founders
  •  Only Company offering Texas storage
  •  Owners, Charles & Collin, bring decades of experience in the precious metal space

Noble Gold provides its customers with a large selection of coins and bars in IRA-approved gold, silver, palladium, and platinum accounts. We spoke with the management team and appreciated their passion and honesty when it comes to helping investors diversify their portfolios. For most investors, their significant section of rare, collectible coins will not be appropriate (especially for people buying bullion precious metals in IRA's), but these will be of interest to coin collectors.

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#4. Top Support

  •  Professional Customer Support
  •  Easy Account Creation
  •  Great customer support and help for beginners

🕿 1-800-341-8584

@ advantagegoldira.com

Advantage Gold has a lot of positive reviews on sites like TrustLink and TrustPilot. This company is a great choice for those who are new to precious metal IRA investing. Advantage Gold's real strength lies in educating their customers. They offer a good selection of U.S. and Canadian mint IRA approved coins. The only downside is that they are relatively new to the industry.

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#5. Top Education

  •  Over Two Decades of Experience
  •  Great Bullion Selection

American Bullion is a household name when it comes to Precious Metal IRA rollovers. Based in Los Angeles, CA, this company specializes in IRA-grade coins and bars and also has an extensive selection of collectible and rare coins. We highly recommend that you give them a call or request their free kit to see if they might be a good partner for you!

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#6. Top for Numismatics

🕿 1-800-473-1213

@ lexicapital.com

Lexi Capital sells a wide range of coins, including numismatics, semi-numismatics and special editions. It emphasizes the difference between collecting and investing, which is a very important point for beginners. The focus of its founders is a solid attribute. Lexi Capital is a relatively new entrant into the precious metals IRA industry. Lexi Capital has news feeds with charts for gold, silver, platinum and palladium. The site is very basic without too many distracting features. There are bonuses for opening or converting an IRA. On the bottom of the page are testimonials from clients.

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#7. Top Storage

Cornerstone Bullion offers a variety of gold and silver bullion coins and bars, many of which are approved to be deposited into a precious metals IRA. Their bullion prices are constantly changing based on the live market vale of the precious metal at the time of sale. Some of their more popular coins that are IRA-approved include the American Gold Eagle, Canadian Gold Maple Leaf, and Austrian Gold Philharmonic. Cornerstone Bullion assists clients in setting up sand stocking precious metals IRAs through several leading custodians. In addition to letting their clients choose from one of several custodians, they also help clients choose an ideal approved depository, recommending three popular choices - Dakota Depository, Delaware Depository Service Company, and Idaho Armored Vaults.

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#8. Top Longevity

🕿 1-800-444-8317

@ monex.com

Monex is an established precious metals dealer specializing in gold, silver, platinum, and palladium bullion bars and coins, with an industry presence of more than 4 decades. It was founded back in 1987 by Louis Carabini – an investor who has been involved in precious metals since he founded his first company in 1967, the Pacific Coast Gold Exchange. Monex has stated that about 80% of its business comes from repeat clients, and that one quarter of their business is referred by existing customers.

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#9.

🕿 1-800-225-7531

@ golddealer.com

The company's online catalog consists of gold, silver, platinum, and palladium bullion bars and coins, as well as rhodium bars and various types of rare coins. In addition to their physical products, California Numismatic Investments also offers independent storage and a broad range of services, which can be found on their Services page. California Numismatic Investments encourages its clients to set up precious metals IRAs through one of the three IRA custodians they recommend – GoldStar Trust Company, Equity International (Sterling Trust), and New Direction IRA – the latter of which is their preferred custodian. Thus, the cost of purchasing IRA-eligible precious metals from them and storing them in an IRA will depend on the custodian you choose and the annual fees they charge.

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#10. Top Education

🕿 1-888-319-8166

@ goldsilver.com

Most of the precious metals companies in the top 10 of our list have a record that is impressive-to-flawless. However, in addition to a company's reputation you should also consider their prices, policies, and practices. One of the most important factors to consider is whether or not they charge a sliding scale fee for storage of precious metals in an IRA. Since most sites will offer very similar bullion prices, the real price factor IRA investors should compare is the annual cost of storing the purchased precious metals.

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Benefits of Having a 5-20% Gold & Silver Allocation in your IRA

 

An example of the famous Tony Robbins “All Seasons portfolio” which has an estimated 8% gold allocation.

As always, please speak to your financial advisor before making any asset allocation decision. The primary reasons you want to own physical gold (not paper gold) as part of an IRA are:
  • Hedge against the declining dollar and money printing policies. Again, history has shown that any decline in the value of the dollar correlates with a rise in the price of gold. While all other assets tend to follow the health of the dollar, gold gives your portfolio additional protection in case the dollar goes south.
  • Safe haven in times of geopolitical, economical and financial turmoil. Gold is often called the “crisis commodity”, because people worldwide flee to its relative safety when world tensions rise. While governments and central banks respond to crises by printing more money, gold cannot be produced and the limited supplies make it a hot commodity during those times.
  • Hedge against inflation AND deflation. History has shown that gold not only responds positively during inflationary times but holds up against deflation as well.
  • Supply and demand fundamentals. Gold is not just a beautiful shiny metal, it has real life commercial uses in various industries such as electronics, architecture, high-technology, medicine and more.  There are a limited amount of gold mines, and less mines are being discovered each year.
  • Store of value. As mentioned initially, you don’t necessarily get rich by owning gold. That is not the point of investing in physical metals. However, unlike stocks and bonds, the value of gold can never be zero.
  • Portfolio Diversification and Protection. As pointed out previously, gold has had a negative correlation to stocks, bonds and the dollar. Is your portfolio stock-heavy? All successful investors will tell you that when it comes to investing: you don't want to put all your eggs in the same basket.

 


 

5 Things to Look For When Choosing a Gold IRA Company

 

This comparison chart is meant to help you compare the ratings & reviews of the most popular Precious Metal IRA dealers. When choosing a company, we recommend looking at these four elements:

#1 Ratings, Ratings & Ratings!

bcabbbtrustlinkThe more positive reviews a company has from its existing client base, the better. Additionally, ratings from authority bureaus like the BBB (Better Business Bureau), BCA (Business Consumer Alliance) and Trustlink are paramount. Feedback from previous clients on websites like YP, Complaint Board and Yelp are also great indicators of the company's professionalism and service quality.

#2 IRA Fee Structure

Always choose a company with flat annual fees, as opposed to companies who have a scaled fee model that grows with the account size. This is especially true for medium and large investors (c.f. $50,000+) and those planning to grow their account size over time. Some of the companies we reviewed can charge thousands of dollars per year for large accounts!

#3 Efficiency & Delivery Time

Some clients reported that they waited up to 60 days for their accounts to be set up and their precious metals to be delivered. This is simply unacceptable in today's uncertain economic landscape.

#4 Pushy Salesmen or Unfriendly Customer Support

Some agents will try to push you to invest in collectibles and numismatic coins simply because these will yield much high profits for them. This is a major red flag and we strongly recommend that you stay away from companies with such practices. Collectibles are NOT recommended for investors, and they are not approved by the IRS for IRAs. When you contact a Precious Metal IRA company, ask them as many questions as you can to see how knowledgeable and helpful they are. If you feel rushed or pushed into collectibles, move on to the next one.

# 5 Other Alternative Investment Options Available?

Your new Gold IRA can accommodate additional alternative investments in the future since it is a self-directed IRA. Is the company you are working with able to offer additional alternative investment options such as cryptocurrencies or other potentially interesting investments that you could include in your portfolio? That is a question you should ask.

 


 

Top Gold IRA Summary

 

We recommend that you contact a few companies before making a decision. Compare their service, products and fees. Also, speak to your financial advisor before making any investment decision.

 


  •  Highest Amount of Positive Reviews
  •  Largest List of Alternative Assets
  •  Offers strictly IRA-approved bullion
  •  First year's fees waived

1-855-465-3472


  •  A+ BBB Rating
  •  Great Expertise in Gold IRA Investments


  •  Competitive Fee Structure
  •  Experienced Founders
  •  Owners, Charles & Collin, bring decades of experience in the precious metal space
  •  Only Company offering Texas storage

1-800-341-8584


  •  Professional Customer Support
  •  Easy Account Creation
  •  Great customer support and help for beginners


  •  Over Two Decades of Experience
  •  Great Bullion Selection

1-800-473-1213

1-800-444-8317

1-800-225-7531

1-888-319-8166

 


 

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