Disclosure: Some of the links in this article are from sponsors. The list below is an honest review gathered from thorough research, experience, and consumer-based feedback.
Our #2 Choice
In this review, I look at a relative newcomer to the precious metals investment industry, Rosland Capital Gold.
This gold IRA company advertises itself as having a high level of customer service to help you invest in precious metals.
Their CEO, Marin Aleksov, has 20 years of experience in the field, they have expert economist Jeffrey Nichols on staff and they are being widely advertised on radio and TV in some markets.
As background, the Taxpayer Relief Act of 1977 authorized individual U.S. citizens to own and trade gold and other metals.
This new market for precious metals for individuals has brought a large number of new firms to the metals industry.
Gold and silver that has been rare in homes for centuries can now be part of your individual investment plans, but choosing a responsible representative can be a challenge.
About Rosland Capital
Rosland Capital is a specialized precious metals firm that opened in 2008 to serve customers originating from the Los Angeles, California area.
Since the 2008 financial crisis in the United States when Rosland entered the market, gold and other precious metals have surged as a protection against market and real estate volatility.
Precious metals have been a stable value even when other investments have been unpredictable and tend to grow over time.
All firms in gold investing are dependent on the sense of stability and safety they can give to investors.
Metals are sold as a hedge against inflation versus other investments such as stocks, bonds, and funds and are a good area for diversification.
The value of metals has steadily increased over the past decade as a secondary investment stream to consider.
Although many companies offer to sell gold IRAs, the strengths Rosland Capital Gold advertises are their focus on educating clients and also their ability to deliver clients’ metals within 10 days.
They advertise teaching the benefits and risks of gold IRAs with their representative to help you determine if precious metals through their firm are the right option for you. Dealing with Rosland Capital Gold and their experts can be a big benefit to those looking for educational resources.
Augusta Precious Metals
Augusta is the leading provider of Gold and other precious metal IRAs. They offer exceptional customer service and diversification options for their clients.
Services Offered by Rosland
Rosland's gold and silver products for you include gold and silver, and also platinum and palladium when available.
Representatives for their firm help investors set up and manage self-directed gold IRAs, which are complex if you aren’t a professional investor or tax law expert.
An expert should be sought to help shield you in metals assets and assure that you adhere to IRS standards.
As at other firms, Rosland representatives have the expertise to help you choose an asset blend that will contribute to the stability of your self-directed gold IRA.
They will guide you faster than the industry standard in most cases, in the steps of investing with them.
If you prefer, you can also purchase precious metals directly for your existing portfolios from Rosland Capital.
They say they will help you compare prices to be sure you get the best market value on your purchases.
However, some complaints about mark-ups have occurred in this area, with high premiums and pressure sales reported at times.
Collector’s, or numismatic, coins are not part of a self-directed IRA gold account, but you can purchase commemorative and other rare and one-of-a-kind coins at Rosland if you desire.
Rosland says their representatives are skilled in this market area of metals investing but there have been some complaints from customers about false advertising and high premiums in this area.
Pros & Cons
The above said, there are pros and cons to every investment firm, and Rosland Capital is no exception.
Rosland has an A + rating with the Better Business Bureau and a top AAA rating from the Business Consumer Alliance.
The number of complaints against them has been called out as somewhat questionable to excessive.
Specifically, Rosland Capital has had 18 complaints filed with the Better Business Bureau and 5 more to the Business Consumer Alliance in the last three years.
Many were problems with products or services.
The firm’s responses were generally good and included refunds or adjustments but many clients were angry at having been deceived with high premium mark-ups or inaccurate information in the complaints that have been filed.
Rosland Capital Fees
At Rosland the fees are fairly straightforward. Account setup costs $50. Custodial fees start at $225 annually with a minimum $10,000 investment.
And as with any gold IRA assets, there is an annual fee for custodianship of your account, which varies by investment amount.
As with any precious metals firm they make clear that there are no guarantees of profit from investments of this kind.
With Rosland Capital you have no choices of their servicer, which is only good if you like their partner, otherwise, you should reconsider.
Equity Institutional is used exclusively to hold your metals at their Delaware facility.
Then when you wish to begin taking distributions or annuities from your account you and your representative can set that in motion, at age 72 by law if you have not done so earlier.
IRA Setup Fee
$50 one time
$50,000 Minimum Investment
Free portfolio reviews for all clients
Is Rosland Capital a Good Investment?
The strength of Rosland Capital rests on personalized, expedited service, which is sometimes a question with this firm.
There are no clubs or levels to worry about and a full-service representative rather than a department-style approach.
We would recommend both Goldco and Augusta Precious Metals before Rosland Capital; they are much more reliable and professional choices for precious metal investing.
For Rosland, the minimum investment is not as low as $2000 budget firms, but this is much less than many with similar high service firms which have $25,000 minimums.
Rosland minimums are just $10,000 and they have transparent, predictable fees.
Rosland uses a highly rated custodian for your assets at an IRS-approved depository for your security and peace of mind.
They do not, however, separate your assets from other investors if that is important to you.
And you have no choices of custodial firms, as some other gold IRA firms do.
While a Rosland Capital IRA is not very common, they are a company to consider after Goldco, Augusta, Birch Gold Group, Lear Capital and Noble Gold Investments.
Customers who liked their service and representatives said they are excellent and knowledgeable and were interested in teaching what investors need to know; however, others called their practices dishonest.
These relationships are key over the life of your investment and the person who services your account should be weighed carefully as you make your decision.
Every investment company has some negative reviews and Rosland is no exception.
I have concerns with the deceptive business practices I have uncovered about their representatives and practices,
but they are responsive to complaints through the business associations above.
You should do your homework before signing any agreements with this firm to check that their commissions and mark-ups are fair and honest.