Today we review Perpetual Assets for you. What is 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: (2 / 5) Not recommended
Warning before we start:
Please ALWAYS do your own due diligence and research before putting your trust into any investment company. As we have reviewed over 90 precuíous metal dealers and custodians on this website in the last 1,5 years we can easily say that the number of consumers that have been scammed and ripped off is MANY. The part where most ripoffs take place is in so-called hidden fees, where clients get “surprised” with costs after they have made the agreement that wasn´t mentioned in advance. So 100% transparency is what you want to look for in a company.
Ok, with that being said, let´s continue with the review of 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… Below is a video (with an interview with Dr. Jeffrey Lewis) that can be found on their website, it is recorded around 4 years ago:
How does it work?
The motto of the company 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 so you then can know for yourself what investment is right 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 actually a good thing, and also an approach that also many other precious metal dealers and IRA custodians go with.
What products and services do they offer
The services of PA includes 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 basically see the process in pictures:
Important to mention here:
You need to know that fees can vary a lot depending on with 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 IRA custodian (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 also a phone nr for you to call with any questions you might have.
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 on 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 kind of 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:
Other online reviews and ratings:
As always in our reviews, we provide you with the results from the most well-known and trusted review and rating sites online, with clickable links… However, in this case, we could not find anything… at all.
There is nothing that supports their legacy from the most well known and trusted review and rating sites online.
The only reviews and testimonials to be found on the company are on their own website…
One thing that is pretty remarkable is that they are not listed either by the BBB (better business bureau) or the BCA (business consumer alliance).
Overall rating: N/A
Overall rating: N/A
Overall score: N/A
Overall score: N/A
My personal conclusion from this:
You can find positive testimonials on the company on their own website…
However, you won´t find a website in the whole world that put negative reviews on their own site…
Not saying this is the case here but you might want to keep that in mind.
There is nothing to be found in the company and that is a bit strange I would say as they have been in business since 2013… Especially when you take into consideration that there are other similar companies that have been operating their business for the same, longer or even less amount of time and got both testimonials and ratings from the most well-known review and rating site.
**Read about the #1 rated one that has been in business since 2009 (got thousands of testimonials)
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
The pros and cons of PA
It is always wise to compare a company’s positive sides against their negative before making a decision 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 to also 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: (2 / 5)
I think this sums up the overall picture of this company pretty good, first of all, this review is based on my opinions, and I have reviewed A LOT of gold dealers.
I can absolutely 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 own website…
The rating 2,5 out of 5 stars feels very fair for now as there are simply too many question marks surrounding the company for the moment. This rating can of course change to an either 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.
As always the choice is up to you to make but I would not recommend PA as there are other companies out there that offer the same services but got both A LOT of reviews from clients on the well-known review sites and a great reputation online from those sites.
I would say that you got at least 10-15 alternatives that you might want to check out before making a decision on what´s best for you. We have reviewed many that have got a much better overall rating than PA and they are all listed on this website. To see the top 3 list you can look at the link below:
You made a wise choice to read this review, you are a smart person and I am sure that you will find the right company that fits your needs and that you feel comfortable doing business with!
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. Please, 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