Hello and welcome to another review at Gold retired. Today we’ll be investigating another self-directed IRA provider: Kingdom Trust Company. What is Kingdom Trust Company? What are the products and services it offers? What are the IRAs offered and the IRA fees? How does it compare to our top recommended companies? Let’s get started and find out!
Owner: Chuck Baker
Who is it for: People looking to invest in a self-directed IRA.
Overall rating: (3 / 5) Not recommended
Important to mention before we go into more details of this review:
We always strongly recommend doing your research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed. The most common way people are getting scammed is through so-called “hidden-fees” so please investigate thoroughly before you make your decision.
With that being said, let´s continue with the review on Kingdom Trust Company!
What is Kingdom Trust Company?
Based in Murray, Kentucky and founded in 2008, Kingdom Trust Company is a self-directed IRA provider.
This custodian works both with individuals and institutions. It’s mostly known for providing different types of products that you can include in your retirement accounts, which we will be discussing later in the review.
The physical address of this company is: 1105 State Route 121 North, Suite B, Murray, KY 42071
What are the products and services offered?
The different assets Kingdom Trust Company allows you to invest in:
- Precious Metals
- Real Estate
- Digital Currency
- Single-Member LLC
- Private Lending
- Marketplace Lending
- Private Equity
- Other Alternative Investment Options
The “other alternative investment options” include:
- cattle and other livestock
- equipment leases
- fishing rights
- judgements/structured settlements
- oil and gas investments
- portable storage buildings
- timber rights
- show horses and racehorses
Here’s an excerpt from the Kingdom Trust company that explains the different IRAs they offer:
What is “self-direction?” Well, for starters, it’s simply a marketing term. Depending on your custodian and plan paperwork, you may be able to self-direct your IRA (Traditional, Roth, SEP or SIMPLE), Solo 401(k), Coverdell ESA and potentially even your 401(k) plan. You can also self-direct a joint, trust, business or individual custodial account.
**Want to see what IRA solution I would recommend? Click here
Here’s a screenshot of the IRA fees at Kingdom Trust Company:
Click here if you want to check out their full fee schedule (opens in new window)
==> Want to take a look at our #1 recommended IRA solution instead? (low one-time flat fee)
Can you store with the company?
Yes, you can store with Kingdom Trust Company. You can find out more about their storage fees in their Investment Direction Kit (opens in new window)
Can you sell back to the company and can you get the precious metals delivered home?
The shipping fees are also available for you to check out at the Investment Direction Kit.
There is no information about whether you can sell back to this company.
The website also doesn’t include information about the countries Kingdom Trust allows.
What about online ratings and reviews?
You can never be safe enough when choosing your IRA custodian. That’s why it’s always crucial to go through the online reviews and ratings of any company before making your decision.
Gold retired saves you the effort of going through the top review websites! Here are the ratings and scores of Kingdom trust company:
Customer reviews: (1 / 5) + 2 complaints
Click here to come to the BBB website where those complaints can be found (opens in new window)
The reviews on the BBB website are mostly just awful, check out this one:
This company has no reviews on most of the top review sites, and, really bad reviews on the BBB website. I honestly wonder how they got an A+ rating from the BBB. Their clients seem incredibly unsatisfied with their service
See what company is #1 rated by most 3rd party consumer protection agencies in the industry on this page
Do you Own or Represent Kingdom Trust Company?
If you are a representative, or associate of Kingdom Trust Company 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 else you got the e-mail on the about page.
Final Words and Verdict
Verdict: Legit ( Based on the physical address provided and BBB accreditation )
Overall rating: (3 / 5) Not recommended
Okay, I think this sums up everything there is to know about Kingdom Trust Company. Although they have some pros like a decent looking website that also shows the IRA fees, the reviews they have on the BBB website are alarming and they’re basically a sign that you should stay away from this company
What IRA company do we recommend?
You made a wise decision to read this review and you are a smart person. I am absolutely sure that you will find the right company that suits your particular needs the best. I would advise you to compare different alternatives against each other before you make a decision. Below you got my absolute #1 recommended IRA custodian:
I hope you found this short review of Kingdom Trust Company beneficial and now you know what it is and why you should consider better options. If you have any questions or remarks feel free to leave them in the comments below and I’ll be glad to reply!
Until the next one,
Owner of: Gold Retired.