Morgan Gold – Gold IRA Review
Morgan Gold are another name to trust within the gold IRA market. They are based in Irvine, California and can handle a 401k to gold rollover or any type of IRA rollover to a gold IRA. The service is not only endorsed by Ed Moy, an ex-director of the US Mint, but Ed is now the chief strategist at Morgan Gold, which should tell you just how much he believes in their overall service.
But how does Morgan Gold stack up with the main Business Accreditations & Customer Review sites?
Business Consumer Alliance (BCA): AAA Rating (And 5 complaints in last 3 years.)
Click Here to see Morgan Gold BCA rating profile.
Better Business Bureau (BBB): A+ Rating
Click Here to see Morgan Gold BBB rating profile.
Trustlink: 5 stars out of 5 from 5 reviews.
Click Here to see Morgan Gold Trustlink rating profile.
Compared to other companies we’ve reviewed Morgan Gold do not have that many customer reviews on Trustlink. The reviews on Trustlink also date back to 2010/2011 and it would have been more encouraging to see more recent reviews on which you could use to help make a decision on whether this gold IRA company is right for you.
Morgan Gold also use the same custodian for the self-directed IRA as Capital Gold. The fees for setting up the IRA and storage fees are as follows.
Account Setup & Misc. Fees
- Account setup: $25
- Annual account fee: $60
- Paper Statements: $20
- Late fee: $15
Precious Metals Storage Fees
- Commingled precious metals storage:
$100 if value of gold is less than $250,000.
$1 per $1,000 of gold value stored if greater than $250,000 is stored.
- Segregated precious metals storage:
$2 per $1,000 of gold value stored. With a minimum of $200 in fees.
With so few testimonials it’s very difficult to get a good feel for how good Morgan Gold are with their gold IRA rollovers. There are only 2 testimonials relating to IRA rollovers on Trustlink but at least they are from very happy customers:
Testimonial 1: “I recently rolled over part of an IRA with Morgan Gold and the Process could not have been simpler. I had been considering this for over a year and had listened to all the adds and contacted several different companies, but frankly Morgan Gold wound up with my business as it was a no nonsense and right to the point process.”
Testimonial 2: “My experience with Alex Collins, Senior Account Representative with Morgan Gold was exceptional. Alex mentored me through there process by first helping me roll over my 401k into a Gold IRA and then provided me with all the necessary tools and detailed information to help me through a very critical decision. After taking care of my 401k roll over Alex again helped me make a private acquisition and again provided critical information and excellent choice selections to create a solid base portfolio for my wife and myself. This is a first class organization with experienced personnel and exceptional customer service.”
Are Morgan Gold the right gold IRA company for you?
It’s always good to see that a company you want to trust with your gold IRA endorsed by a very well respected businessman from the gold markets. And although someone like Ed Moy does lend a lot of gravitas to Morgan Gold the ultimate proof of whether a company is good enough for your custom is the feedback it gets from its customers.
We’re a little surprised that Morgan Gold don’t have that many customer reviews on Trustlink, considering they have a very good standing with the BBB & BCA. It’s only the fact they have fewer reviews than the other 2 companies in our Top 3 that the are stuck with our third place ranking. Once they start getting more reviews from happy customers then we can reconsider their ranking but for now our highest recommendation still remains with Regal Assets who have set a very high standard when it comes to their lack of complaints via the BBB & BCA and the sheer volume of positive customer testimonials.
We Recommend REGAL ASSETS for Your Gold IRA
(Call Regal on 1-866-525-4394)
Why Choose Regal Assets?
- A+ rating from the Better Business Bureau.
- AAA rating with Business Consumer Alliance.
- 5 star Customer Service rating from Trustlink AND Preferred Membership Status. (Just check the sheer volume of Testimonials they have here.)
- No IRA fee for the first year and then one small flat fee for subsequent years. (Investments of $10,000+)
- 7 day delivery on any gold investment purchases.
- Gold buy-back policy. And they buy back gold at market rates which a lot of other companies don’t do.
- Very patient, courteous & professional on the phone.
- FREE portfolio analysis