It is rare for a new firm to venture into the precious metal industry and establish itself as one of the main players.
Advantage Gold is a relatively new entrant, but it has already captured the attention of many investors in the industry. Most potential investors wonder whether the firm can be able to provide them with the right services. This Advantage Gold review will give you an opportunity to assess whether they are a right firm to open a precious metal IRA.
Overview of Advantage Gold
In 2014, Advantage Gold was founded by Larry Levin, Adam Baratta and Kirill Zagalsky. Despite being three years old, the organization’s founders have a wealth of experience. Levin has experience working for S&P 500 and Zagalsky has worked for years in the U.S Mint alongside Baratta. Their combined experience has endeared the business to investors.
The firm also has high ratings. The BBB gave the firm an A+ rating, BCA gave an AA rating and TrustLink rated the firm as a five-star financial investment company. All three co-founders have made conducted numerous interviews with financial publications like Fox Business, Bloomberg, and TradePlanet. This aided in the rise of popularity of the firm.
What Advantage Gold offers
The firm mainly converts ordinary IRAs in other businesses into precious metal IRAs. The IRA department is fully staffed to ensure they guide customers through the process of IRA rollovers. The firm prides itself on offering customers with information on the industry. The mantra is that educated individuals are the best customers.
Their customer service is informative and they are willing to guide clients in their process of opening their first silver or gold IRAs. Serious investors get a bonus for investing in the company. The delivery time is fast, and customers can resell the precious metals to the organization.
Pros of Advantage Gold
Advantage Gold has one of the fastest delivery times in the industry. The typical transaction only takes two to three days. The swift delivery is one of the reasons customers shift to the organization. The delivery fees are low, and the product is insured until it arrives at your doorstep.
The firm’s customers can opt to work with their chosen custodian when they open a self-directed IRA. The freedom allows customers to retain their previous custodians when they rollover to precious metal IRAs.
Advantage Gold uses two specific vaults to store their customer’s precious metals. The first is the Delaware Depository, and the other is Brink’s Global Services. Both storage options are secured, and the firm insures the client’s precious metals.
Officially listed in U.S Mint
The business connections of the co-founders allowed Advantage Gold to be listed as one of the recognized partners of the U.S Mint. This gives the firm an opportunity to get access to platinum, gold, palladium and silver coins or bullion. Additionally, they are verified by the American Numismatic Association giving them an opportunity to acquire rare numismatic coins for their customers.
The main focus of this company is to provide in-depth education with the highest level of customer service which is why they are offering a free investment guide that can be found here.
Cons of Advantage Gold
Relatively New in Business
Regardless of the accreditation and recognition that Advantage Gold has, it is still a young company. Many potential investors are afraid of investing in a firm that is only three years old.
Lack of segregated storage
Both the Brinks and Delaware storage vaults are shared storage. Even though it is insured, some customers may prefer segregated storage as well as an overseas storage option.
For a relatively young entrant in the precious metal industry, Advantage Gold has had tremendous growth. The accreditation gives the firm access to both standard and numismatic coins that non-accredited companies cannot access.
Advantage Gold has been able to build a reputation in a short period of time. Due diligence is recommended before rolling over your retirement funds to a precious metals IRA account. However, this is definitely one of the top gold IRA companies that you want to consider doing business with.
Phone number: (310) 774-2133