Patriot Gold Group review

Patriot Gold Group's main offer is a no fees for life IRA on qualifying accounts, which would remove the recurring custodian and storage costs that run about $215 to $285 a year at the firms that publish them. Its IRA page also promises account setup within 24 hours, a rollover department for 401(k) and IRA transfers, and direct contact with an owner. The problem is what it leaves out: the page says a minimum account is required but does not say how much, and it publishes no fee schedule for accounts that fall short. Its pages spend more space on market commentary than on account terms. If you have a large balance, ask for the qualifying amount in writing.

Who it is for

large accounts that qualify for waived fees

Price

No fees for life on qualifying IRAs; minimum account size not published (USD check pending).

US price check pending. See the vendor pricing page.

Key features

• No Fees for Life IRA on qualifying accounts
• 24-hour account setup
• Clients work directly with an owner, under its Patriot Promise
• 401(k) and IRA rollover department handles the transfer
• Gold and silver IRAs with IRA-eligible coin catalogs

Strengths and weaknesses

• Strength: Waived lifetime fees remove the yearly custodian and storage bill for those who qualify
• Strength: Says new IRA accounts are set up in 24 hours
• Strength: Direct access to an owner rather than a call center
• Weakness: Does not publish the minimum needed to qualify for no fees, only 'Minimum Account Required'
• Weakness: No fee schedule for accounts that do not qualify
• Weakness: Marketing pages lean on market claims rather than account terms

Key facts

• Annual fees: None on qualifying IRAs
• Setup time: 24 hours
• Minimum: Not published
• Metals: Gold, silver

Where it ranks

Patriot Gold Group is No. 7 in our Best Gold IRA Companies verdict.