What is Gold Alliance Woodland Hills California?
Gold Alliance is a dealer in precious metals and a distributor of gold IRAs based in Reno, Nevada. They have been working in the industry since 2002 and have about 20 years of expertise.
Their office is located at 50 W Liberty St Suite 420, Reno, NV 89501. Likewise, you can get in touch with them at 888-734-74-53.
The IRA custodians available to Gold Alliance customers include Equity Trust, GoldStar Trust, and Preferred Trust.
Additionally, the company offers a large selection of goods, including both collector coins and gold and silver that are eligible for IRAs.
Some of the most well-known products offered by Gold Alliance include the Gold American Eagle, Silver American Eagle, Platinum Canadian Maple Leaf, and Platinum British Britannia.
The business has managed to carve out a unique niche for itself because to its commitment to total client pleasure and transparency.
Additionally, their leadership team is made up of seasoned experts with respectable qualifications. I liked how the company’s several Gold Alliance ratings emphasize its dedication to offering top-notch customer service.
This gold IRA business offers a variety of free resources to help customers understand what an IRA is.
The company has an A+ rating on the BBB as well, which is a commendable accomplishment.
You can read a detailed review on Gold Alliance Review.
How to Invest with Gold Alliance Woodland Hills California
You can begin investing with Gold Alliance by following these steps:
Step #1:
You must first get in touch with the gold IRA provider and ask about setting up an account.
You must fill out an application that the representative will give you.
The application must then be mailed to them in a pre-paid FedEx envelope that they will give you.
It takes them around a day to activate your account when they get your application.
Step #2:
Your Gold Alliance agent will ask you to fund your IRA once your account is active. The company will offer to transfer your funds to your gold IRA account if you already have a 401(k).
It takes this process about 5 business days.
Step #3:
Gold Alliance will invite you to select your preferred investments in gold and other precious metals once the required money has been deposited into your account.
Depending on your financial requirements and objectives, the representative will assist you in choosing the appropriate products. The IRA provider will keep them in a storage facility that has been approved by the IRA once the purchase is complete.
Additionally, the company will provide you quarterly reports on the worth of your gold IRA holdings. Additionally, you can access your account details online at any time.
You can ask them to ship the merchandise to another facility or your home if you don’t want to store the precious metals in their recommended storage facility. But before doing so, make sure to speak with a financial professional.
Gold Alliance Fees & Charges: Is it Too High?
Alliance of Gold A $50 setup fee is required to open an IRA account. Depending on the custodian you select, Gold Alliance has different annual maintenance fees.
For instance, GoldStar Trust Company levies a minimum yearly maintenance fee of $75 whereas Equity Trust Company levies a minimum annual maintenance fee of $225.
The Gold Alliance charges $100 for non-segregated accounts and $150 for segregated accounts for storage.
These precious metals merchant charges an annual fee of about $180 to invest.
This is significantly less than the industry average. Additionally, keep in mind that because precious metal prices fluctuate daily, your charges may change.
In addition, Gold Alliance asserts that their product prices include a 33% markup. Some investors may be put off by this, but the cheaper annual costs make up for it.
Furthermore, there are no additional fees or charges with this gold IRA provider. When it comes to its fees, the company maintains complete openness.
Initial Setup Fee | $50 |
Annual Maintenance Fee | Variable (depends on the investment and custodian) |
Storage Fee | $150 for segregated storage and $100 for non-segregated storage |
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Conclusion
Gold Alliance, based in Reno, Nevada, is a precious metals dealer and distributor of gold IRAs. They have been in the sector since 2002 and have approximately 20 years of experience.
Check out our top gold IRA firms of the year if you’re thinking about investing in a gold IRA.
Opening a precious metals IRA is a major decision. That’s why I suggest checking out our top gold IRA providers list. There, you can find the best precious metals dealer in your state and choose accordingly.
Also, the list will help you understand what the industry’s best has to offer. Also, it helps with what you might miss out on.
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