Updated on

Advantage Gold Review

Adam Baratta and Kirill Zagalsky founded Advantage Gold back in 2014 and, since then, the company has been providing people with a way to invest in precious metals. You can purchase those metals or you can convert an existing IRA or 401k account into gold. The company also has an interesting education program meant for beginner investors called the First Time Gold Investor Program. Advantage Gold is also a listed dealer of the US Mint and has an excellent online reputation. Here is everything you need to know about this company, especially if you are a beginner investor in precious metals.

review hero image
Alt Example
5.0
Please Vote!
Safe & Secure
Best Offers
Written by:Casey Newton
IRA Sr. Account Director

Reputation

Advantage Gold is one of those companies with a very good online reputation coming from both experts and former and current clients. For example, its Better Business Bureau rating is A+ and its TrustPilot one is excellent with 4.9 stars out of 1,310 reviews posted so far. Moreover, the official website also has a dedicated section where you can find a plethora of reviews from customers and you can definitely see that they are not considered the number one rated gold company in the USA for nothing.

 

Flexibility

The main focus of Advantage Gold is gold and silver IRAs for people who want to diversify their portfolios and do something different as part of their retirement investments. Such an account is also very easy to open and you can do so directly from the website. You only need to fill out a form on the StrataTrust or Equity Trust websites called the self-directed IRA form. You can also complete a paper application at the company office in Los Angeles, or simply call and talk to a representative.

It’s important to note that you will have to pick a custodian to take care of your IRA and your two options are STRATA Trust Company or Equity Trust Company. The most important differences between those are their fees but we will get into that later.

If you do not wish to open an IRA or take advantage of any rollover services, you can also purchase gold, silver, platinum, and palladium coins and bars from Advantage Gold. In order to do that, you will have to contact the company and talk with your account representative about all important details, including the price.

Some examples of coins that you can buy from the company are Gold, Silver, or Platinum American Eagle Bullion Coins or Proof Coins, American Buffalo Gold Bullion Coins or Proof Coins, Austrian Gold or Silver Philharmonic Coins, Gold, Silver, Platinum, or Palladium Canadian Maple Leaf Coins, Mexican Libertad Silver Coins, and Wolverine Gold Bullion Coins.

 

Fees, Promotional Offers, and Transparency

It’s now time to discuss the fees that Advantage Gold charges for its services. Firstly, you should know that different fees are set depending on the custodian that you pick. For example, for STRATA, the account set-up fee is $50 and the yearly maintenance fee is $150. For Equity, the initial fee is also $50 but the annual maintenance one starts at $225 and depends on how much you have in your IRA. Keep in mind that you will only find out about these prices after contacting the company as they are not displayed on the website. Another interesting feature is that if you deposit over $50,000 as part of a rollover to your IRA, you won’t have to pay the first-year fee.

As for promotional offers, Advantage Gold offers a free gold guide for new clients which anyone can access by signing up with your details. There is also the welcome bonus called the Very first-time Delivery Discount which you can join if you deposit at least $25,000 in your account. By doing this, you won’t have to pay any shipping fee in case you want your precious metals shipped anywhere.

 

Customer Service and Educational Resources

Advantage Gold is also number one thanks to its comprehensive learning center which you can access from the official website. It contains a lot of interesting materials such as information on IRA, useful guides, retirement tools, infographics, charts, educational videos, and an amazing interview with Jim Rickards. Besides those advantages, there is the free guide that we have already mentioned and which is meant only for beginner investors in precious metals.

In case you need to contact Advantage Gold with a problem or to simply find out more, you can do so by calling (800) 341-8584. Unfortunately, the working hours for the phone support are not displayed on the website. You can also send the company a message by completing a contact form on the website. Someone will get back to you as soon as possible with an answer. Last but not least, you can pay Advantage Gold a visit at their offices located at 12100 Wilshire Blvd. Suite #1450 Los Angeles, CA 90025.