Today we bl bla We will look at all the American Alternative Assets reviews to be found online from the most well-known and trusted online watchdog sources.
Company: American Alternative Assets
Owner: Shanon Davis
Founded: 2016? (according to BBB)
Who is it for: Retirees, precious metals investors
Overall rating: (3 / 5)
There are many scammers who will trick you into giving them your hard-earned cash.
They employ high-pressure sales techniques like calling you every day.
To avoid this, please do your own research before you decide what firm to invest with.
You can do this by checking the reviews and ratings independent 3rd party consumer protection agencies give them.
To discover which investment firm consumers rate the highest… who won’t bother you with pushy sales calls… and who you can trust to protect and grow your wealth… then take a look at the #1 Recommended Gold & Silver IRA Dealer on our top-5 list (works with ALL major custodians).
With that being said, let´s continue with the review on American Alternative Assets!
What is American Alternative Assets?
American Alternative Assets is a gold & silver IRA bulion dealer specializing in using precious metals to diversify and hedge retirement portfolios of American retirees.
On their website they claim to have appeared across diiferent well-known news sites and patriot websites, including Fox News, that have featured the company as one of the leading competitors in the precious metals industry.
American Alternative Asstes products & services
This company deals in gold and silver, here are the products available:
2021 Australian ¼ oz. Gold Florin
American Gold Eagle (bullion)
Canadian Gold Polar Bear & Cub Coin
50 Gram Valcambi Gold CombiBar
100 gram Valcambi Gold Bar
Canadian Silver Polar Bear & Cub Coin
5 oz America The Beautiful Silver Coin
Montserrat Silver Emerald Isle of the Caribbean Coin
Precious Metals IRAs?
Yes, AAA offer their clients gold & silver IRA services.
There is no info on the AAA website on what fees you are going to have to pay for opening a new IRA with them.
Also, there is a whole section about “custodians” on their website, however, no info at all about what particular custodian, or custodians AAA offer their clients who want to open a gold & silver IRA??
Important to mention: Please make sure to ALWAYS know exactly what fees you are going to have to pay before you move forward with anything. There are so many nightmare horror stories of retirees getting “surprised” with so-called hidden fees they had no idea about before it was to late. This can end up being a very expensive experience unless you are careful.
American Alternative Assets Reviews
As always in our reviews we always look at what the most well-known and trusted, independent third-party consumer protection agencies got to say. This is almost always a good indicator on where a company stands when it comes to the quality of their services and products. Below are the results for AAA:
BBB (Better Business Bureau)
Rating: a+ (from 16 reviews) click here for details (opens in new window)
Rating: (4.3 / 5) (from 15 reviews) click here for details (opens in new window)
BCA (Business Consumer Alliance)
Rating: A (based on 0 ZERO?? reviews) click here for details (opens in new window)
Conclusion from these ratings:
They got around 15 reviews and testimonials from both BBB and Trustpilot, then there is nothing to be found from the other 3 out of the “big 5” consumer watchdog sites. Or well, we found an A rating from BCA but from 0 reviews… Not sure how that works either… If you got an explanation to that then please share it in the comment section below this post.
Anyway, there is not that many reviews when you compare with the most well-known and trusted gold IRA companies out there, to be fair they have been in business for a longer time though. The question is how long time have AAA actually been in business, they claim since 2016 but we have never seen them before, and we are pretty deep into this industry… Did they change name or what´s going on?
Is American Alternative Assets a Scam?
So, are there any red flags about this company that you might want to have in mind?
Personally, I have to say that I find it weird that this company first of all seems to have popped up out of nowhere, because have not seen this company anywere until recently. They claim to have been in business since 2016… They are BBB acredited since 2021… What´s going on?
So, is American Alternative Assets a scam? No, of course not, at least we do not think so. They got a real physical address and real owners and also some happy clients it seems.
However, if they are your best alternative out there is a whole other story. Personally, I would say no to that question.
Are there better alternatives?
Yes, I would say that there are at least a handful of better alternatives out there. The absolute best one I can recommend is Augusta, they might not be the biggest or the lowes fees, however, they clearly are the most transaparent and that is a big plus, at least in my book.
PROs & CONs
- Offers IRA services
- BBB accredited
- Not many years in business (or months?)
- No info on their website when it comes to fees & custodian
- Not many reviews
Do you own or represent American Alternative Assets?
If you are a representative, or associate of American Alternative Assets and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending an e-mail to email@example.com
Final words & Verdict
Overall rating: (3 / 5)
Ok, I think this sums up the overall view of this company pretty good at the moment. I would say it´s a legit company that could have some potential but at the moment I would rather stick to more established firms as I do not see any reason to choose this one over any of them.
Again, think it is very weird that this company came out of nowhere and all of a sudden got a decent amount of reviews already. How did that happen? Am not saying there is anything “fishy” going on here but personally I would be very careful at least, and I would (most likely) head over and check with more established firms first before I make any decisions…
Please, if you know more about them then share your knowledge with us in the comment section below!
As always, the decision is up to you to make!
Please do not forget to ALWAYS do your research and to also compare different alternatives before you make any investment decisions!
You clearly are a smart person as you have read this far, that tells me that you clearly are doing your own research!
So, am absolutely sure that you will find the right dealer that suits your particular needs the best, and that you will also feel 100% comfortable to do business with!
I hope you found this short audit on the American Alternative Assets company to be helpful and that you kn ow know that there are some reviews to be found on them as well. If you have used any of their services then plesae share your owbn experience in the comment section below as it can help others make better decisions! Also, if you got any questions about this I would be more than happy to answer them below!
I wish you success!
Michael, founder of Gold Retired