For a long time, I had been looking for an alternative way of saving for my retirement. I had tried a few precious metals companies but none of them seemed to offer what I really wanted.
It was until I heard about Augusta Precious Metals that I fully decided to invest in Gold and silver. I was amazed by their customer service desire to help people save on retirement.
This review is based on my personal interaction with the company and I understand that every person may have their own opinion.
A Closer Look at Augusta Precious Metals
Augusta Precious Metals dealer and Storage Company that was founded in 2012. The company which is based in Beverly Hills, California prides of its professional team that ranks among the most knowledgeable and experienced in the precious metals industry.
Have a first hand look at who you will speak with if you get a FREE web conference.
Augusta Precious Metals is founded on a customer service culture. That’s probably why the company has a huge customer base across the country. Most customers prefer Augusta Precious Metals fees because they consider them much fair compared to other precious metals dealers.
The company only has one objective – to create a seamless, personals and affordable buying process for all customers irrespective of their reasons to acquire precious metals. The good part about the company is that it takes care of the paperwork on behalf of its customers – from contributions and transfers to RMDs.
Augusta Precious Metals Management
ISAAC NURIANI
(CEO Chief Executive Officer)
Augusta Precious Metals (CEO)
Isaac Nuriani is the CEO of Augusta Precious Metals. He is responsible for helping seniors plan their finances when he launched a mission to educate the general public concerning the retirement threats posed by the big banks and Wall Street.
His idea of starting August Precious Metals was to offer retirement savers with a solution to safeguard their finances through the purchase of precious metals. Although there were similar companies before, Nuriani’s commitment to ethics and transparency was the missing link in the precious metals industry.
Isaac Nuriani is also a renowned gold and silver IRAs advocate with regards to attaining retirement diversification. Besides that, he is also a member of the Industry Council for Tangible Assets (ICTA).
He was brought up from a family of precious metal dealers. He went to the University of California where he earned a bachelor’s degree in economics. His mission has always to offer retirement solutions to Americans across the country.
Howard Smith
(CEO Chief Financial Officer)
Chief Financial Officer (CFO)
Howard Smith has more than 20 years of experience in capital markets and banking. He joined the management team at Augusta Precious Metals in 2018 after when he saw the company’s mission of empowering Americans in wealth preservation.
He has vast experience in risk management and has worked with several major banks as well as local and federal institutions. He is also known for his strict policies on transparency and personal ethics. Howard Smith attended the University of Toronto where he he graduated with a degree in finance and economics. He is a certified public accountant.
Devlyn Steele
(SEA Senior Economic Analyst)
Senior Economic Analyst (SEA)
This is who you will have a FREE web conference with, Devlyn Steele, who in my opinion is the most educated person in this space by a country mile.
Devlyn Steele is the company’s senior economic analyst and I haven’t come across anyone more knowledgable in this space.
He has worked for over 30 years across different sectors and has processed financial assets worth $2 billion. Steele leads a highly-qualified and dedicated team that focuses on educating customers on different ways of safeguarding their retirement savings. Steel is also a member of the popular Harvard Business
School Analytics Program.
Augusta Precious Metals Pro’s & Con’s
Now that you know the management team, lets’s go over what the pro’s and con’s of working with Augusta looks like.
The Pros
When we went around looking for the best gold IRA companies, there were many things we looked for. First off, was product knowledge and experience (in this case precious metals). We have yet to find a company that goes to the level of education that this company does, and that shows in the customer satisfaction ratings we’ve found around the web.
- Education and Customer Satisfaction
Augusta Precious Metals lays great emphasis on customer education and satisfaction. They have a library that contains five detailed articles on various topics such as inflation, protection, effective diversification and the advantages of owning silver and gold.
Their website contains a resource and tools menu filled with current news in the market nad charts for precious metals prices. Another major advantage of Augusta Precious Metals is that they offer low prices for most of their precious metals besides waiving fees on precious metals IRAs. It also offers free shipping to all of its clients.
- Storage and Buyback program
Augusta Precious Metal collaborates with International Depository Service (IDS) and Brinks Global Services for their gold and silver storage. This means the company is keen on providing its customers with high-quality services by linking them to reputable companies in the country. The storage companies mainly operate in Ontario, California, Utah, Delaware, Idaho and New York.
Augusta Precious metals also offers its customers the option of selling back their bought products. For example, if you previously bought Gold or Silver from them, you can still resell it at a competitive price. You will not find such kind of offers with most of the precious metal dealers.
- Investment products
Augusta Precious Metals is proud in the type of investment products it offers to its clientele that consist of silver and gold bullion coins and bars. There are also different categories of precious metals that you can choose from.
They, however, do not have palladium and platinum – but can still arrange them for customers who are interested. The company also provides a wide variety of premium collectable silver and gold coins.
- Augusta Precious Metals fees
Some precious metals have a higher volatility rate compared to others. It is therefore important to contact the company on the prices of the type of product you want before initiating the purchase. A customer has to make a minimum investment of at least $5,000 to start trading silver and gold at Augusta Precious Metals. There is however no maximum investment.
Below are some of the things to keep in mind about Augusta Precious Metal fees:
- The quoted price of precious metal is the amount you are supposed to pay. Augusta Precious Metals doesn’t have hidden charges or commissions on your transactions
- The company doesn’t charge investment management fees.
- If you purchase silver or gold outside IRA, then you can still make payment via wire transfer, bank or through a personal check.
The Cons
- Although Augusta Precious Metals has a lot of good things to offer to its customers, one of the disadvantages is that you can only invest if you have a minimum of $5,000. Without that amount, you won’t be able to invest with the company.
Conclusion
From the online reviews we looked at, Augusta Precious metals is a highly respected company the precious metals industry. In other words, Augusta Precious Metals is rated A+ as per the Better Business Bureau. The company has a 5 out of 5 star rating from Trust Link and AAA excellent rating from the Business Consumer Alliance.
In general, Augusta Precious Metals is a leader in the precious metals industry. The company is committed to providing the best services to its customers across the country. Most of the reviews online show that their customers are satisfied with the services they receive.
Augusta Precious Metals has invested a lot in terms of customer education and satisfaction. The company has a great customer service experience that has earned it accolades across the nation.
If you have been looking for an alternative way to save for your retirement, then Augusta Precious Metals is your best choice. You can purchase gold, silver and other precious metals and sell them when the prices go up. Check out Augusta Precious Metals Pro’s & Con’s and then judge it for yourself.