Reputation
Patriot Gold Group has
an encouraging A+ rating from the Better Business Bureau which means that they
know what they are doing and are professionals in this field. On Consumer
Affairs, the company has a five-star rating as well while on TrustPilot, it has
an excellent one with 4.7 out of five stars. Even the company’s FaceBook
reviews are highly positive which should make all possible future clients
certain of the security and experience of this company.
Flexibility
Patriot Gold Group
mostly focuses on providing precious metals IRAs for those people who want to
have a safe and secure retirement plan. Opening such an account cannot be done
directly from the website. However, the whole process is very easy because it
requires you to fill out a form after which a representative will contact you.
By completing the form you will also automatically receive a free gold IRA
investor guide to serve as your helper.
Once that is done, you
will be asked to either fund your IRA or roll over a certain amount from a
previous IRA or 401(k) account. The final step after this is to start
purchasing your desired precious metals under the guidance of the company’s
expert. It’s interesting to note that Patriot Gold Group will not automatically
impose a custodian on you but will let you choose one of the six options they
collaborate with. The minimum required investment for an IRA is $25,000.
The company can store
the precious metals for you in one of their highly-secure vaults or you can
have them delivered to your home and store them yourself. By doing this, you
won’t have to pay a storage fee which can save you a few bucks.
Customers can also buy
precious metals for any other reason apart from an IRA. Patriot Gold Group offers
gold, silver platinum, and palladium coins and bullion. The registration,
delivery, and insurance for buying precious metals from it are completely free.
The prices are not displayed on the website but you will find out this
information if you call the company. Some of the coins that you can buy include
Gold American Eagles and Buffalos, South African Gold Krugerrands, Australian
Gold Philharmonics, Royal Canadian Mint Gold and Silver Bars, etc.
Fees,
Promotional Offers, and Transparency
What you need to know
about fees at Patriot Gold Group is that you will need to pay an account set-up
fee that is $225 if your investment is under $30,000. If it is over this sum,
then there is no fee. The storage and insurance fees differ based on the
custodian you pick. For example, for STRATA Trust, you will need to pay $150
while for Equity Institutional you will need to pay $180. It’s also worth
noting that the company offers a No Fee for Life option which means that you
will not have to pay any fees at all as long as your IRA account is worth more
than $100,000.
Patriot Gold Group also
has an interesting opportunity for clients because it allows them to sign up
for a weekly precious metals investor alert. The only thing you need to do is
fill out the form on the website and you are in. Other than that, this company
is definitely transparent with its procedures even if some fees are missing
from the website. However, those can be easily requested via a phone call.
Customer
Service and Educational Resources
The official Patriot
Gold Group website has a knowledge center right at the top of the screen which
anyone can access for precious info. It contains guides, articles, and
comparisons between the US dollar and silver and gold as well as an RDM
calculator. The company also automatically sends clients that free guide and
has a plethora of educational videos and daily news to keep you updated.
Whoever wishes to
contact the company can do so by completing a contact form on the website.
People can also call them at (877) 711-6649 Monday to Thursday from 7 AM to 5
PM PST and on Friday from 7 AM to 3 PM PST. You can also live chat with a
representative or send e-mails straight to the company. Its social media
platforms are also very active and informative and the physical address of
Patriot Gold Group is 3010 Old Ranch Parkway Suite 350, Seal Beach, CA 90740.