Warning: in_array() expects parameter 2 to be array, string given in /home4/jeffkoo/public_html/preciousmetalsira.net/wp-content/plugins/wordpress-mobile-pack/frontend/sections/show-rel.php on line 37

Morgan Gold Review

 
Morgan Gold
Official Websitewww.MorganGold.com
Phone Support1-800-585-1773
BCA Accredited RatingB (On a scale of AAA to F)
5 Complaints
BBB Accredited RatingC (On a scale of A+ to F)
4 Complaints
TrustLink Reviewslexi capital (5+ Reviews)
Fraud LawsuitNil
IRA Transfer Process14-21 Business Days
401(K) Rollover ProcessNot Disclosed
Metals Delivery7 Days
Setup Fees$250
Annual A-dmin Fees$160
Annual Storage Fees$100
Preferred CustodianSelf-Directed IRA Services
Preferred DepositoryDelaware Depository
Min Purchase Amount$20,000
PromotionsNone

Difficult economic conditions across many parts of the world have prompted investors to look upon gold as a secure asset that will protect their capital and offer a return on investment. The demand for gold, therefore, has grown strongly. To meet this demand, some companies have offered services in the field of Individual Retirement Accounts (IRA) rollover into gold and general investment in gold.

gold20The firm of Morgan Gold (MG) is one such company and its aim is to provide investors with professional advice and expertise in financial planning. Although MG is a relative newcomer to the world of gold and other precious metals investment (it was set up in 2010), it has built up a growing client base of loyal investors.

Morgan Gold keeps abreast of the latest trends in the industry and uses this information in developing tailored investment plans for individual customers. MG has a large number of high profile clients including some household names. It has also established a presence in news media outlets such as Bloomberg, CNBC, Fox News and Reuters.

Investment Services

Among the services offered by MG are advice on investments in gold and silver, and management of their customers’ retirement accounts. Assisting customers to roll over their IRAs to gold IRAs is a particular area of expertise that the firm can offer. The company also provides expertise in options for storing gold and in reconverting gold to cash.

The fees charged by MG follow a structure familiar in the industry, namely, fees are calculated in relation to the size of the account. The higher your level of investment, the higher will be the fees you pay. There are several ways in which you can begin to avail of MG’s services, visit the web site, make a telephone call, or call into an office if it is convenient.

Customer Reviews

Customer feedback has included comments from online reviewers that MG was easy to contact and provided satisfactory answers to all questions raised. Many newcomers to the area of investment in gold reported that they found the company’s customer support personnel very helpful in educating them in what is a new investment area for them. Some reviewers commented favorably on the high quality of the gold coins they received and were pleased with the fast shipping at reasonable rates.

As is generally the case, however, there were critical comments from reviewers also. Unsatisfactory service from the customer support team was reported by some, with questions not being dealt with to the expected standard and some impoliteness shown. Deliveries subject to delay and not living up to the promised schedule was a cause of frequent comment. Issues with fees being much too high, and comparing unfavorably with other companies in the gold IRA business, was raised by some former clients.

Ratings and Complaints

The Better Business Bureau (BBB) gives MG an A- rating and recorded one complaint about MG since March 2013. The complaint was resolved in a manner that was satisfactory to the complainant. MG’s accreditation with the BBB means it is committed to finding fair and ethical resolutions to customer complaints. It pays fees to the BBB to enable it to investigate and monitor MG practices.

MG has earned a five star rating with Trustlink, based on five favorable reviews. Obviously, a relatively new company like MG will have a small number of reviews. Nevertheless, all reviews report a very positive experience of the ease of dealing with MG and appreciate the regular updating information on their accounts.

With the Business Customer Alliance (BCA), MG has an B rating. The BCA ratings are based, in part, on the volume of complaints received by the company from its customers. 5 complaints were received by MG over thrbee years. Most complaints concerned fees, with allegations that they were either too high or were not consistent with the fees that were quoted to them when they opened their accounts. In most cases, MG resolved the customers’ issues by refunding the fees in full.

While on the other hand, MG has C rating from BBB with total 4 complaints for over the 3 years.

Conclusion

It appears that Morgan Gold has developed a good standing among gold investors. However, there have been some complaints and this may indicate that there are still some problems to iron out for this relatively new company. A disadvantage of dealing with them is that, as noted above, their fees grow as your account grows. A flat fee system would be preferable as increasing investment in your retirement will yield more cash for you.

Morgan Gold Commercial Video

MG Website Monthly Visitors

MG Contacts

Phone Support: 1-800-585-1773
Address: 19900 MacArthur Blvd. Suite 150, Irvine, Ca 92612


View Larger Map