Common Gold IRA Complaints
Commissioned Sales Team
Commissioned Sales Team
Commissioned Sales Team
Most sales teams sell clients on products that have high commissions, often over 20%. Many Gold IRA salespeople make >$750,000/year from these high commission rates. Should somebody simply selling an asset from a list of products charge that much over spot price?
Lack of Technology
Commissioned Sales Team
Commissioned Sales Team
Many Gold IRA providers don't have an online platform that allows you to check your own account or trade without a commissioned sales person swaying your opinion. Why wouldn't they make buying, selling, and monitoring your assets easy? Well, because that might make it harder to overcharge you.
High Fees
Commissioned Sales Team
High Fees
With the manual transactions and lack of technology comes another common fee - account fees. Many companies will charge you monthly or annual fees for a Gold IRA. There are often other add ons, like fees for closing an account. Fees, fees, fees.