In this article, we will review Allegiance Gold. It is a gold investment company founded in 2013 and has its headquarters in West Hills, California. They are a gold IRA company that claims to be a company that can be trusted. Let´s look into it in this short review!
Company: Allegiance Gold
Founder: Alex Ebkarian
Price: Depends on your investment
Who is it for? Precious metal investors, retirees
Overall rating: (4 / 5) (a bit above average)
Important to mention (before we go into more details of this review)
We strongly recommend doing your research online before choosing a company to invest in. There are so many reviews online of clients being ripped off and scammed. So please investigate thoroughly and compare different alternatives before you make your decision.
One example: 99.9% of companies got “pushy” salespeople trying to stress you into acting fast.
Here is the thing, the #1 Recommended Gold & Silver IRA Dealer on our top-5 list got No-salesy representatives… So they won´t bother or terrorize you with phone calls.
You are a smart person, so I am sure that you understand the benefits of dealing with such a company instead, right?
+They got a couple more benefits you might appreciate as much as I do. You will understand yourself once you have visited the page (link) above.
==> See our Top-5 List of Precious Metals IRA Companies on this page <==
With that being said, let´s continue with the review on Allegiance Gold!
What is Allegiance Gold? – Overview
Allegiance Gold has its main focus on giving its customers the gold, silver, platinum, and palladium products that they can include in their portfolios or a precious metals IRA. They are the ideal partner to work with when you are opening a retirement investment account.
They will get you the information that you need in addition to assisting, such as when you are opening a self-directed IRA through partnerships with acclaimed custodians and depositorys like Delaware and Brinks.
An outstanding selection of IRA-approved gold and IRA approved silver, plust platinum, and palladium products is in their inventory. Additionally, they have a small selection of gold and silver coins which are mostly preferred by collectors owing to the value of their rarity.
**Beware of the Numismatic coin scam though
These rare coins will fetch a good price on the market, and they tend to keep rising in value over time. They will be your ideal investment if you wish to cash out after a short while. Additionally, the company plays a huge role in ensuring that its customers are properly educated before making any investment decision.
This is quite important since the customers are usually new to investing. They barely know anything about IRA and the precious metals allowed for these investment accounts. Educating them will enable them to choose the best investment options and precious metals that will be of value to them.
The education is available as a free investment kit on request from their website. You can download the free guide, which has plenty of educational materials to give you the best introduction to investing in gold and other precious metals. In addition to the free kit, you can also go through their huge collection of videos and a well-documented learning center.
Company Address: 8407 Fallbrook Ave Suite #270, West Hills, CA 91304, United States
What products do they offer?
As far as their catalog is concerned, Allegiance Gold deals in investment-quality gold, silver, palladium, and platinum coins. Additionally, there are also bars where you can invest in your IRA. These are all useful precious metals, and your choice will usually depend on your personal preferences.
Depending on what you choose to invest in, you might buy less gold or silver. For instance, gold in the form of bullion tends to be in bulk, and as such, you will be able to invest in more gold without much hassle.
Coins are preferred when you are concerned about the value of the gold, and they tend to increase in value much faster than the other forms of gold. Your investment decision usually depends on what you would like to invest for.
How to get started?
The process of getting started begins with getting informed. Download the free investors kit on their website or go through the available educational videos. This will give you a good introduction to investing in precious metals and enable you to choose better.
Contact them through the customer support page and inform them what you would like to achieve. They will be very glad to help and will guide you through the entire process of opening an account and getting set up. Once this is done, you will be able to choose the different gold and silver coins and bars that you would like for your IRA.
You will also be assigned a custodian to take care of your gold storage and insurance. The gold is usually stored in very secure facilities used by many gold investment companies and has the reputation of having military-grade security protocols and standards in place. Examples include Brinks Global and Delaware Depository.
Allegiance Gold IRAs?
Yes, as mentioned precious metals IRA services are offered through the company, it is kind o thie main service, that and direct purchaces of precious metals. Putting gold in your IRA comes with plenty of advantages, for example tax advantages and as a hedge against inflation and crisis in general.
What IRA custodians do Allegiance gold work with?
As Allegiance Gold is not an IRA custodian itself they have to partner with one, or in this case a couple, in order to be able to help you to put precious metals in your IRA, or opening up a new one. The 2 custodians Allegiance are partnere with are:
Important to mention here is that none of those 2 are my personal favourite ones, to say the least… I would have like to see a bit more alternatives here, for example, the gold IRA solution that is my #1 recommendtion works with ALL major IRA custodians. Anyway, a bit more on that further down!
What are the fees?
Annual fees include $100 for storage fees and $95 for the maintenance of your account. The storage fee is for up to $100,000 worth of precious metals, and that sounds resonable and beyond that, you might have to pay more.
Other than that I didn´t find anymore information on the fees, or if there are additional fees other than that.
Important to mention here: It is absolutely crucial that you know exactly what fees you are going to have to pay before you sign anything as the last thing you want to get surprised with is so-called hidden fees. There are so many horror stories online of retirees getting surprised (in a bad way) with having to pay extremely high fees, so please make sure that you know exactly what it is you are going to have to pay before you sign anything.
**See my #1 recommended Gold & Silver IRA Solution (100% transparent + work with ALL major IRA custodians + highest buy back guarantee)
Can you sell back your precious metals?
Yes. This is one of the company’s strengths and a reason they are more trusted than many other gold investment companies. They have a streamlined and very simple buyback program meant to grow your confidence when you invest in gold. You can sell back the gold you had bought from them and get cash for the coins at a rate higher than the market rate or spot price of these assets.
Is Allegiance Gold a Scam?
So, is Allegiance Gold a scam? No. The company is not a scam, they got real owners and a real physical address that you can visit. Eight years in business is not a very long time for a gold investment company, however, it should be enough to show that they are a genuine company that can be trusted, right? I mean, they would not have survived that long if they didn´t conduct legit business, right?
However, if they are your best alternative out there is a whole other story, and that leads us to what some of the most well-known and trusted, independent third-party consumer protection agencies have to say:
Allegiance Gold Reviews, Complaints & Ratings
BBB (Better Business Bureau)
Rating: A+ (from 5 reviews) click here for details (opens in new window)
BCA (Business Consumer Alliance)
Rating: AAA (from 2 reviews) click here for details (opens in new window)
Rating: (5 / 5) (from 43 reviews) click here for details (opens in new window)
Rating: (1 / 5) (from 1 review) click here for details (opens in new window)
What can we make out of these results?
The consumer protection agency that I always put the most weight on is Trustpilot. The reason for it is because only real customers of a particular company can leave their testimonials and reviews there. It was a surprise to see that there is nothing to be found about Allegiance on Trustpilot, and that is a small minus (at least in my book).
Other than that, these above results indicate that the company is a legitimate gold investment company that can be trusted to deliver credible and reliable services to their company. The amount of reviews wasn´t that many though, especially when you compare to gold companies with HUNDREDS of reviews (only from Trustpilot) and all of the above consumer protection agencies.
**See my Top-5 List of Gold & Silver Investment Companies (outside or inside IRA)
Allegiance PROs & CONs
- Wide range of precious metal products to choose from
- Plenty of IRA-eligible gold, silver, platinum, and palladium products in their inventory
- No pricing is available through their website.
- Nothing to be found on the company on the Trustpilot website
Do you own or represent this company?
Are you the owner or a representative of Allegiance Gold? We want more information about your services to keep our readers informed. Potential gold investors are always researching gold investment companies before they purchase, and your input can clarify a lot of the details about your company. The easiest way to reach out to us is by simply leaving a comment in the comment section below, or by sending us an e-mail at: firstname.lastname@example.org
Final words & verdict
Overall rating: (4 / 5)
Summary: Allegiance Gold is a reliable gold investment company with a good selection of precious metal products. They are dependable and have an established history of rendering good quality services to investors.
The 2 things I didn´t like is that there is no info on their full IRA fee schedule and that there is nothing to be found about them on the Trustpilot site.
All in all it seems as Allegiance Gold is a genuine company that you can choose to help you retire well and diversify your current investment portfolio.
As always the decision is up to you to make!
What do I recommend?
First off all, you did a wise thing to read this review and that clearly shows that you understand the importance of doing your due diligence and research before you purchase, that is very important. You are a smart person, and I am absolutely sure that you will find the right company for you and that suits your particular needs and goals the best. Just make sure to compare the top-alternatives against each other and you will be fine.
My #1 recommended company Aufusta Precious Metals for example, they got some clear benefits that I think you might find just as interesting as I do. They are also the company that got top-ratings from more consumer protection agencies than any other company in the industry.
+ They got a “highest price buy back guarantee” and some other benefits you might want to have a look at as well!
==> Learn more about my #1 recommendation (Goldco)
I hope you found this short review of Allegiance Gold to be helpful and that you now got a better understanding on what it is and that it is not a scam. Please share your own experience with the company in the comment section below as it can help others!
I wish you the best (and lots of success)!
Michael, founder of Gold Retired