Today we review Perpetual Assets for you. What are Perpetual Assets? A scam or a legit IRA custodian? Are you better off purchasing your assets elsewhere? These are some of the main questions this short review will answer! Ok, with that being said, let’s get into it!
Company: Perpetual Assets
Owner: Gus Demos and Jim Willie
Price: Depends on your investment
Who is it for Investors
Overall rating: (3 / 5)
Essential 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 intelligent, 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 Perpetual Assets!
What is Perpetual Assets about?
Perpetual Assets (PA) was founded in 2013. The company is a precious metals dealer, consulting and investing firm, and LLC IRA Facilitator. The company is based out of Texas. However, their contact address is Perpetual Assets, 1041 Market Street #398,
San Diego, CA. 92101…
How does it work?
The company’s motto is “Trust Yourself” and means, in short, that nobody knows what investments are better for you than yourself… So how it will work to invest in the company is that you will get help to get educated first to know what investment is suitable for you. This means, in short, that you will be provided with a lot of info and education from the company so you can study it and go through the material.
That is a good thing and an approach that many other precious metal dealers and IRA custodians go with.
What products and services do they offer
The services of PA include both consulting and investment services. The products you can invest in are:
- Metals card
Yes, IRAs are offered. They can consist of either precious metals, agriculture, energy, or (new) cryptocurrency. The process is explained in more detail on their website. Below you can see the process in pictures:
Important to mention here:
You need to know that fees can vary greatly depending on what company you choose to set up your IRA. Below you can see an exact excerpt from the PA website about the fee subject for IRAs:
State filing fees for LLC formation vary. Contact us for information on your state or for filing out of state.
Our total solution fee is $1995
==> Click here for our #1 recommended Gold & Silver IRA solution (That got among the lowest fees in the industry)
How good is the support of PA?
One thing that I always put a lot of weight on when it comes to the support system of a company is if they got a live chat function or not on their website. Does PA have this? No, they don´t.
How can you contact them with your questions then? They got an e-mail support service and a phone nr for you to call with any questions.
Is Perpetual Assets a scam?
So, is Perpetual Assets a scam? No, I don´t think so. They got real physical owners that you can see on their website and their Youtube channel. However, if they are the best alternative out there for you or not is another question.
I will show my biggest concern further down, but first, I want to highlight that when I did a Google search on their physical address (1041 Market Street #398, San Diego, CA. 92101), this is what I found:
As you can see (if not, you can Google it yourself and see), there is no company with that name to be found on the map, this could, of course, be due to many different reasons, but hey, I am here for you (the reader) to point out potential red flags.
Anyway, with that out of the way.
Something that is always wise to do (and recommended) before you make any decisions is to look at what the most well-known and trusted review and rating sites have to say about the particular company that you are interested in have to say:
And that leads us to the following:
Perpetual Assets reviews, ratings & complaints
As always in our reviews, we provide you with the results from the most well-known and trusted independent 3rd party consumer protection agencies, with clickable links…
BBB (Better Business Bureau) “NOT an accredited business”
Rating: A+ (from 0 reviews?) click here for details (opens in new window)
Overall rating: N/A
Overall score: N/A
Overall score: N/A
My conclusion from this:
I find it weird that they got an A+ rating from the BBB website while in the same time o (zero) reviews? What´s going on? In the same time they are NOT an accredited business by the BBB either… I don´t know what to make out of that?
Nothing supports their legacy from the most well-known and trusted review and rating sites online.
The only reviews and testimonials on the company are on their website…
One pretty remarkable thing is that they are not listed either by Trustpilot or the BCA (Business Consumer Alliance).
You can find positive testimonials on the company on their website…
However, on the other hand, you won´t find a website in the whole world that puts negative reviews on their site… So I usually don´t put much weight on those.
Not saying this means the company is bad, but you might want to keep that in mind.
There is nothing to be found on the company, and that is a bit strange, I would say, as they have been in business since 2013… Especially when you consider that other similar companies have been operating their business for the same, more extended, or even less time and got both testimonials and ratings from the most well-known review and rating site.
**See the Top 5 List (+ hundreds of testimonials from independent 3rd party customer protection agencies)
Do You Own or Represent Perpetual Assets?
If you are a representative or associate of Perpetual 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 us an e-mail to firstname.lastname@example.org.
PROs & CONs of PA
It is always wise to compare a company’s positive sides against their negative before deciding to go with a particular company or not. As always, we have pointed out some clear points on both sides of the spectrum for you also to make this task a little easier for you:
- Offer much educational material on their website
- Not accredited business by the BBB
- The address issue
- Lack of testimonials and info from the most well-known and trusted websites
Final words and verdict on PA
Overall rating: (3 / 5)
I think this sums up the overall picture of this company pretty well. First of all, this review is based on my opinions, and I have reviewed A LOT of gold dealers.
I can not recommend it for the moment as there is nothing to be found about the company from the most well-known and trusted review and rating sites online.
Only testimonials on their website…
The rating of 3 out of 5 stars feels very fair for now as there are too many question marks surrounding the company for the moment. This rating can, of course, change to either a higher or lower one in the future as we make sure to update our reviews as soon as any “news” comes up on the particular company we have reviewed.
The choice is always up to you, but I would not recommend PA as other companies out there offer the same services but got both A LOT of reviews from clients on the well-known review sites and an excellent reputation online from those sites.
You got at least 10-15 alternatives that you might want to check out before deciding what´s best for you. We have reviewed many who have a much better overall rating than PA, and they are all listed on this website. To see the top 3 lists, you can look at the link below:
You made a wise choice to read this review, you are an intelligent person, and I am sure that you will find the right company that fits your needs and that you feel comfortable doing business with!
Click here now to see the top 5 rated companies.
I hope you found this short review on Perpetual Assets to be helpful, and now you should have a better understanding of what it is and if it is a scam or not. If you have used any of their services, 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!
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I wish you the best!
Founder of: Gold Retired
You’ve done a great review about Perpetual Assets, and after reading it, I agree with your recommendation to not invest with this company.
There are too many red flags for a company that expects you to hand over your hard earned money and invest with them. Way too many scams out there to trust a company like this.
Thank you! Glad you liked the review and found value from it.
Please feel free to come back anytime and tell us how your investing journey goes,
Gus Demos says
I am one of the two owners of Perpetual Assets.
So many areas to cover. In the efforts of “transparency” as you say.
1. Which of our competitors pays you?
2. Where are you based? Your site doesn’t give us any of your personal information? It has been hard for our attorneys to reach out to you.
3. You do realize we have 6 years of interviews conducted by the two owners with people in the industry correct? Both on the news tab and youtube channel?
4. Have you ever bought anything from us?
5. Do you know of anyone who has a complaint in six years who has ever bought anything from us?
6. Are you aware that bullion dealers hold Gold and Silver, and perhaps the first line of defense for their employees and their owners being kidnapped, robbed, killed or armed robbery might be not telling everyone where that Metal is held?
Hi Gus, thank you for reaching out,
great to get an owner to add to the review, will add it right away. Am used to find that kind of info on a company´s “about page” so that is the reason I didn´t find it.
Why would any attorney contact me? This review is my own opinions, and I am allowed to express an opinion, right? Have I written anything that is not correct? If so I can correct it right away?
I write what I find online, and I put the reviews and ratings I find online in ALL my reviews.
I also write that if you own or represent the particular company I write about that you should reach out, like you did, for me to be able to add or correct anything that might be wrong.
I understand that holding gold is a risk, However, I also know that most companies tell it´s clients where their investment is being kept, even if the investment is fully insured or not.
Thank you again for reaching out, have now corrected the review from the info you have given me
jessie palaypay says
personally if I were to invest in a precious metal ira, I would want to do so with a company that has been aroun for quite some time. The fact that they have been around only since 2013 does not give me an addaquate assesment of whether they are a good. I am curious to know if the reviews are biased. Not that I am accusing them, it is just Ive seen a lot of companies that have employees give their own companies good reviews instead of objective ones.
First of all, thank you for your comment,
You make some pretty valid points here, 5 years is not a long time in this industry.
Yeah you are right about that, I mean any website master can put their own “testimonials” on a website and claiming that it is from real clients… Not saying this is the case here, but it is the only place to find testimonials from this company and that is something that is good to keep in mind.
Thanks again for your comment,
I take it that you are not recommending this company. My only thought on you review is I found it just a little confusing until I got to the last part of the review. I wasn’t sure until the end if you were recommending it or not. You did though give a good over all description of what they provided and pointed out that we should do our due diligence before commenting any assets to any investment company.
First, let me thank you for your comment.
Yes, you got that right, I would not recommend this due to the points I have made in the review,
Glad you found it less confusing at the end,
/All the best
You’ve really researched Perpetual Assets and I agree with you that it’s advisable to stay clear of this company. If there is no membership to a financial authority then this is enough for me to give it a wide birth.
The next thing that confirms suspicion for me is the fact there is no reviews on any review sites such as trust pilot etc.
Hi – thanks for sharing this useful and informative article. Prior to this I had not heard of Perpetual Assets, but having looked at their own website I would have considered them to be a reputable company. However, not having any reviews or ratings in this day and age of the information highway is very odd indeed. Another red flag for me is their physical address not showing on Google Maps. Are they hiding something? They may well have many satisfied customers, but I’m afraid my hard-earned money won’t be heading their way anytime soon! All the best, Diane
Thank you for leaving a comment, and sharing your opinions, and I agree on all of them,
better be safe than sorry,
/All the best to you
I’m the same as you – if I put money into, or join anything online I like to see that they have a live chat feature so that you contact them directly. There’s nothing worse than something going wrong with your money, then you have to wait for a reply (a very worrying period!).
It does seem as though Perpetual Assets is a ‘baby’ in this business as there are no real testimonials online, other than the ones they’ve included on their site (which could well be fake!). Do you agree with this angle?
Yes I agree!
You must have been a very generous person to have given a company that is non-existent on the Google map a 2.5 rating out of five.
There are a whole lot of them them on the internet who are ready to scam you of the little you have. There red flags are : lack of registration with the regulatory agencies and fake testimonials. Thanks for this exposure.
May God help us
Thank you for your comment :o)
Lol! Love your signature! :o)
/All the best
I have heard really good things about Perpetual Assets from people who have used them for their self directed IRAs. I am still checking them out so I have no opinion yet.
Thank you for your comment,
I would recommend comparing different alternatives against each other to see who suits your needs the best, and who you feel most comfortable with.
I heard of perpetual assets from bix weir of road to roots. I think bix has integrity. Can you tell me if any other dealers have the option of putting the gold and silver on a Credit card like perpetual assets. Do you still have a negative opinion of this company. Thanks
Hi there, first of all, thank you for your comment.
Not sure I know what bix weir is? There are hundreds, if not thousands similar gold companies like Perpetual Assets, so am sure many of them can, why would you put gold and silver on a credit card though?
I have neither a negative or positive opinion, I am here to help the reader make better decisions only.
Thanks again for your comment,
I have done business with Will and Gus both as a producer and as a consumer of precious metals for over 5 years. I have also recommended them to friends. In my experience I have found nothing but integrity coming out of them.
So you could not find any bad reviews on PA, so you created your own bad review having never used their services? That’s fishy.
First of all, thank you for your comment.
Well, as you assume a lot of things maybe I should assume that you are one of those who works with “reputation management services” for companies by leaving comments defending them?
Thanks again for your comment,
Great review! I was in contact with them as I made a call to research more about their business and the representative was completely full of himself and didn’t even listen to my questions but instead he just wanted to “talk business” and have it his way… Very rude and I would never do business with people like that.
Going to check our your recommendations instead, thanks again.
First of all, thank you for your comment.
Aha ok, I see, well… Have to say that I share the same experience as I have been in contact with some of their “representatives” as well.
Happy to hear you liked the review and that you are looking into my recommendations as well.
/All the best
I recently used Perpetual Assets (PA) to open up a self-directed IRA (SDIRA). At the same time, I opened up another self-directed IRA with another firm, so I at least have something to compare PA to. I can say that I was not at all impressed with PA. They were more expensive, slower, and less communicative than the other firm. First, PA was about $500 more expensive. Second, PA had roughly a five business day head start on the other firm, yet PA didn’t finish the process until about a week after the other firm. The other firm was much better at sending regular emails letting me know how the process was going. PA pretty much forgot about my account until I contacted them to ask where things were. The whole process with PA felt like a crap shoot and I would definitely not recommend them considering there are other firms that can do the same thing faster, better, and cheaper.
First of all, thank you for your comment!
It is very good that you share your experience here as it will help others make better decisions. Would you mind sharing what company (the other company) that you had a better experience with? Could it possible be anyone on our top 5 list: https://goldretired.com/best-gold-ira-companies-top-5-list-additional-resources
Thank you again for your comment!