Today we review Gold Alliance Capital. What is Gold Alliance Capital? Is it a good alternative for you to invest with them or should you look at other options? These are just a few of many questions this review helps you answer!
Name of the company: Gold Alliance Capital
Owner: Gold Alliance Capital
Overall rating: (4.1 / 5)
Important to mention before we go into more details of this review:
We always strongly recommend doing your own research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed. So please investigate thoroughly before you make your decision.
==> See our #1 Recommended Gold & Silver IRA Company on this page <==
With that being said, let´s continue with the review on Gold Alliance Capital!
What is Gold Alliance Capital? What does it do? Can you rely on the expertise of its staff members to secure your financial future? Such are the questions that may be asked about this company. In this review, I will highlight the main points that you need to know before picking your phone and calling the staff members at Gold Alliance Capital, or even providing your contact details through the form on this company’s official websites. The key areas I will look at include:
– What is Gold Alliance Capital?
– How does it work?
– Which IRAs does it offer?
– Which fees are charged on its IRAs?
– Is it a genuine company?
– What are its main pros and cons?
What is Gold Alliance Capital?
Gold Alliance Capital is a Gold IRA service provider that serves American clients. Gold Alliance was created to assist hardworking citizens to invest their hard-earned cash through investment vehicles that offer security against market volatility. The only assets that meet these requirements according to Gold Alliance Capital are physical precious metals. These assets are a great option for investors, more so during these times that political inventions are causing steep declines in the prices of other commodities.
This company came to birth as a result of the convention of precious metal industry veterans whose main agenda was to help clients achieve the highest return on their investment. Everyone in this team believes that gold and silver coins and bullions can enable investors to achieve this objective. With the in-house proprietary analysis, this company is usually able to come up with excellent investment insights, and recommendations that suit every client’s financial goals. Simply put, you can get a customized precious metal portfolio that will not only help you to achieve your long-term financial goals but also your short-term ones.
How does it Work?
Gold Alliance Capital enables you to control your financial future in 3 simple steps. The owners of this company highlight the fact that more people are relying on Gold IRAs, in comparison to the traditional IRAs.
An analysis of the historical trends reveals that physical assets are usually the most stable ones whenever there are economic downturns. Opening a Gold IRA with this company, therefore, allows you to shield your hard-earned retirement cash. With the precious metal coins and bullions that you purchase through these IRAs, you can always keep yourself free from the panic and losses that investors encounter during financial crises.
Here is how you can go about the opening of a Gold Alliance Capital IRA:
1. Opening your account
You can connect with any of Gold Capital’s IRA Product Specialists through the contact details provided on the official website. These experts will open your Gold IRA account and link you up with a reputable custodian. Within several days, you will be ready to receive your funds.
A dedicated account executive will take care of the rollover process in which funds are transferred from your preexisting IRAs into the newly created Gold IRA.
3. Selection of the best metals
An expert will then guide you through the selection of the most suitable precious metals that will help you achieve your retirement goals financially. This company has an impressive variety of precious metal coins and bullions that you can select from, which makes it an even better deal for you because you have the opportunity to pick what works for you.
The IRAs offered at Gold Alliance Capital
This company only offers precious metal IRAs. As already discussed, the assets underlying such investment portfolios are physical gold and silver coins and bullions.
If you have any other type of IRA, such as 401 (k), 457 (b), 403 (b), SERP, Traditional IRA, and SIMPLE IRA, you can simply contact the experts at Gold Alliance Capital and they will take care of the rollover process.
(If you are interested in Gold & Silver IRA solutions)
The Fees and Charges at Gold Alliance Capital
The two main costs that you should consider when opening a Gold IRA with this company are:
– The cost of your account
– The cost of the metals in your portfolio.
For the account, you will have to part with $175 on an annual basis. These fees are inclusive of insurance, the storage of your precious metals, financial statements (sent to you on a quarterly basis), as well as access to your online account. This fee is a constant one.
The cost of gold and silver is bound to vary. A common practice of Gold IRA companies is to set the price of precious metal products above the current market value for them to make a profit. You can expect to pay 17% to 33% more for the precious metal assets.
Gold Alliance Capital has not set minimum investment requirements, hence you can buy as little gold and silver as you want. You can also add more assets to your portfolio as you please.
There are however some maximum annual contribution limits that are set for all clients. These limits are usually changed on an annual basis. In 2019, for instance, you can only contribute $6000 to your account if you are aged below 50 and $7000 if you are over 50.
Important to mention here:
Please always make sure that you know what exact fees are associated and what everything will cost you in the end, as there are so many reports online of clients being “surprised” with so-called hidden fees they had no idea about.
Is Gold Alliance Capital a Scam or Genuine?
Yes, this company is genuine. It has proven its value to its customers and boasts of having close to 2 decades’ worth of experience in the provision of services in this industry. A close look at the customer reviews on Better Business Bureau (BBB) confirms that Gold Alliance Capital is not a scam. One can tell that it is a professional company by its average consumer trust ratings, which currently stand at (4.96/5). The fact that it has an A+ ranking on BBB is an excellent indicator that this company is genuine and has its clients’ interests at heart. This company has also had mentions in Forbes, Bloomberg BusinessWeek, Fox News, The Wall Street Journal, and USA Today.
Any red flags? (Conclusion):
This company currently has about 161 customer reviews which is quite a low figure, in comparison to what its competitors have. Just to name this company who got thousands of clients testimonials as well as A+ from BBB and mentions in all of the above publications as well, and some other benefits I got a feeling you might enjoy.
They are the top-rated precious company that stands out the most when it comes to positive client reviews online, and the complaints are zero to none.
The main pros and cons
It might be wise (and recommended) to compare the positive sides against the negative ones to get a better overall view of something, right? As always in our reviews we provide you with some clear points on both sides of the spectrum:
- Reasonable annual fees for the maintenance of your IRA
- This company can buy back your precious metal assets.
- Free shipping and storage
- Free gold and silver worth $7000 are delivered to your home upon making a qualified purchase.
- Privacy is taken seriously
- Still very new in the industry
- It does not state the prices at which it sells its gold and silver products.
Do You Own or represent Gold Alliance Capital?
If you are a representative, or associate of Gold Alliance Capital and have found something not to be correct in this review please, feel free to tell us 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 us an e-mail to firstname.lastname@example.org.
Final words and verdict
Overall rating: (4.1 / 5)
Ok, I think that sums up the overall view of Gold Alliance Capital pretty good. I don´t like the fact that they don´t state the price for the gold & silver they sell, that is what take the rating down a little below our top 5 recommended gold & silver IRA providers.
It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Gold Alliance Capital to be helpful and that you now have a better understanding of what it is and the level of complaints it has received from other reviews online. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com