What is Patriot Trading Group?Patriot Trading Group Locations, Timings, Email, Phone, Services
Patriot Trading Group is a company that specializes in the buying and selling of precious metals, particularly gold, and silver. The company was established in 1996. It is located in Phoenix, Arizona.
They offer a range of services related to precious metals, including the sale of coins and bullion, the establishment of precious metals IRAs (Individual Retirement Accounts), and personalized consulting for individuals interested in investing in precious metals.
Patriot Trading Group is known for its emphasis on education and providing valuable insights to its clients.
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They aim to empower individuals with knowledge about the precious metals market, economic trends, and investment strategies. They provide educational resources through various channels, such as their radio show hosted by Joe Jaquint, CEO of the Patriot Trading Group. Here listeners can gain valuable insights and updates on the market.
The company prides itself on its commitment to customer satisfaction, prompt delivery, and competitive pricing. They strive to create a trustworthy and transparent environment for their clients, ensuring a smooth and reliable experience in buying or selling precious metals.
- Address: 2010 W. Parkside Lane Suite 154, Phoenix, AZ 85027
- Phone: (800) 951-0592
- Email: [email protected]
- Website: www.allamericangold.com
People Behind Patriot Trading Group: CEO, President and OwnerWho owns Patriot Trading Group? What is the management team behind Patriot Trading Group?
Mr. Joe Jaquint is the President and CEO of Patriot Trading Group. Joe Jaquint is known for his expertise in the precious metals industry and his commitment to providing exceptional service to clients.
As the President and CEO, Joe Jaquint plays a pivotal role in shaping the vision and direction of the company. He is responsible for overseeing the company’s operations, and strategic planning, and ensuring that the organization delivers on its mission to assist individuals in purchasing and selling precious metals.
As the CEO of PTG, Joe Jaquint goes above and beyond to provide exceptional service to individuals interested in buying gold and silver. One of the standout features of his service is offering free consultations, which allows potential customers to receive personalized guidance and advice tailored to their specific needs.
However, it’s worth noting that the company doesn’t disclose much staff-related information on its website. This can be a huge red flag for investors who value transparency.
Patriot Trading Group Products: Bullion Coins, Bars, And Rare CoinsAll products offered by Patriot Trading Group
Patriot Trading Group primarily focuses on gold and silver products and may not offer a wide variety of other precious metals such as platinum or palladium.
According to its website, these products offers:
- $10 Liberty Gold Coin $20
- Gold St. Gaudens Gold Coin
- $10 Indian Gold Coin
- $20 Liberty Gold Coin
- $5 American Gold Eagle
- 1/10 ounce Gold Coin
- $5 Indian Gold Coin
- $5 Liberty Gold Coin
- Silver Dime (50) roll
- Silver Half Dollars (20) roll
- Silver Quarters (40) roll
The Metals Program offered by Patriot Trading Group is an interesting feature that allows investors to set a monthly investment amount with a minimum of $100. At the end of each quarter, they send a shipment of metals that reflects the accumulated investments, along with an invoice and the value of the shipment. This program offers a systematic approach to building a precious metals portfolio over time. Each investor has unique financial goals and preferences, so it’s crucial to choose a company and investment strategy that aligns with your specific needs.
Should you ever decide to sell your metals, they offer a hassle-free process. You can sell back any or all of your metals by contacting their team directly. The company provides a buyback service to accommodate your needs. If you have questions or need assistance with your account or portfolio, they offer free access to their knowledgeable customer support team.
How to Invest in Patriot Trading Group IRA?Step-by-step guide for investing in Patriot Trading Group IRA
To invest in a precious metals IRA through Patriot Trading Group, here are the general steps:
- Open a Self-Directed IRA
Select an IRA company that handles opening precious metals IRA accounts and fill out an application. You can work with Patriot Trading Group to recommend an IRA company and provide the necessary paperwork. However, I don’t recommend doing so.
- Fund Your IRA
Once you have selected an IRA company, you can move your funds into your new IRA account. You can work with the IRA company representative to transfer or roll over funds into the new account.
- Select a Precious Metals Dealer
One of the forms you need to fill out along the way is typically called a Buy Direction Letter. This is where you list the precious metals dealer you have selected, such as Patriot Trading Group.
- Decide Which Precious Metals to Purchase
You can choose to invest in gold, silver, platinum, or palladium for your IRA. There are some restrictions regarding fineness requirements and allowable coin types, so it’s important to get guidance from Patriot Trading Group in this area.
- Place Your Order
Once the funds are available in your IRA account, you can call them to place your order for the desired precious metals.
However, I don’t recommend opening an IRA with them. Why? Because there are plenty of better options available for you.
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 and what you might miss out on.
Patriot Trading Group Fees and Charges: Do they overcharge?What are their fees? Do they have hidden fees?
Patriot Trading Group offers a range of customer-friendly policies and services to ensure a seamless and hassle-free experience for individuals interested in buying and selling precious metals.
They aim to provide transparent and customer-friendly services, allowing individuals to manage their precious metals investments with ease and flexibility.
It’s important for investors to have a clear understanding of the available products when considering an investment with a precious metals company.
Here are the details:
- Set up Fees: There are no fees associated with setting up an account with Patriot Trading Group. This means individuals can get started without any upfront costs.
- Cancellation Fees: If at any point you decide to discontinue your account or make changes, there are no cancellation fees. Patriot Trading Group respects your freedom to start and stop whenever you choose.
- Portfolio Review Fees: They provide portfolio review services to help clients assess their investments and make informed decisions. These services are offered without any additional fees.
- Management Fees: The company does not charge any management fees for overseeing your precious metals investments. You can enjoy the benefits of their expertise without incurring any extra costs
- Flexible Payment Options: They accept all major credit cards, including Visa, MasterCard, Discover, and AMEX. Additionally, they accept debit cards with the Visa or MasterCard logo, providing flexibility in making payments.
- Customizable Billing: You have the freedom to choose the day of the month on which your card is billed for purchases, allowing you to align it with your financial preferences.
- Shipping Costs: The shipping cost for your precious metals shipment will vary based on the dollar amount and weight of the items. However, the company caps shipping costs by $35, ensuring that you won’t spend more than that on shipping. The remaining funds are directly allocated toward the purchase of the metals.
Companies like Augusta charge ZERO fees for up to 10 years and allow you to choose your own gold & silver. Patriot Trading Group on the other hand provides fewer options.
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Patriot Trading Group Reviews and Complaints: BBB, Trustpilot, SitejabberRead all the Patriot Trading Group reviews & complaints
Better Business Bureau (BBB):
On the Better Business Bureau website, Patriot Trading Group has A+ ratings based on zero customer reviews. They are since 27 years in the industry. A total of 0 complaints have been closed in the last 3 years. This business is BBB accredited on Better Business Bureau website.
Business Consumer Alliance (BCA):
On BCA, Patriot Trading Gold has no star ratings or customer reviews. Also, they have a B company rating on the BCA website.
The B company rating on the Business Consumer Alliance (BCA) signifies an average rating for a company based on its performance and interactions with consumers. The BCA is an organization that collects and analyzes information about businesses, aiming to provide consumers with reliable insights.
The B rating indicates that the company has received a moderate level of positive feedback from consumers and has demonstrated satisfactory business practices. While it is not the highest rating possible, it suggests that the company has generally met the expectations of its customers and has resolved most issues satisfactorily.
Yelp:
On Yelp, Patriot Trading Group has 5 stars out of 5-star ratings based on only one customer review. The review is positive. The customer praised their services and products.
Google Reviews:
On Google, Patriot Trading Group has again 5 stars out of 5-star ratings based on various customer reviews. There are only 4 customer reviews on Google, and mostly all of them are positive. With customers praise the company’s excellent customer service, professionalism, and expertise.
Some Customer Reviews:
#1. Sierra J. expresses her gratitude to Joe for dedicating his time and effort to his show. She adores it wholeheartedly and strongly recommends purchasing gold from him over any other gold dealer. Sierra emphasizes that Joe’s integrity and reliability are beyond question.
#2. Todd Stengel enthusiastically declares that Joe’s radio show is exceptional, and he wouldn’t consider purchasing gold from anyone else. He praises Joe for offering competitive prices and swift delivery service. Todd emphasizes his complete satisfaction with Joe’s offerings.
#3. Ryan Zettle commends Joe for his invaluable assistance in comprehending the market and presenting a distinctive perspective through his radio show. Ryan wholeheartedly recommends purchasing gold from Patriot Trading Group due to the exceptional experience and educational resources they provide. He extends his gratitude to the team at Patriot Trading Group for their contributions.
#4. Michael Nardoci reflects on his decision to enroll in the metals program three years ago, considering it one of the finest choices he has made. He praises PTG for its punctual delivery of valuable and reasonably priced metals. Additionally, he highly recommends tuning in to Joe’s radio show for its exceptional insights and unparalleled content. Michael emphasizes his loyalty to Patriot Trading Group and expresses gratitude for their exceptional services.
Is Patriot Trading Group Legit? Should You Invest With Them?Is the Patriot Trading Group a scam or legit? Are they worth it?
No, I don’t think you should invest with them.
Pros:
- Over 27 years of experience
- They have A+ ratings on BBB
- Focus on client education
Cons:
- Limited online presence
Although they are a legitimate company, they are certainly not the best.
They have several drawbacks that aren’t present in the industry’s top gold IRA providers.
That’s why I suggest you check out our best gold IRA companies before making any final decision. That way, you can understand what the industry’s best has to offer.
On the other hand, if you have any questions regarding gold IRAs, check out the following guide:
Alternatively, you can find the best gold IRA company of your state through the US map below:
Find the best Gold IRA company in your state