Protect Your Wealth By Diversifying In Precious Metals!Investing in precious metals through an IRA can be a wise decision if you want to make sure that your money keeps its value over time or if you’re going to hedge against inflation and the possibility of global financial instability.
The Entrust Group Review, Gold IRA, Complaints, Fees & More
Hubert Bromma is the founder and CEO of Entrust Group, a pioneer in self-directed IRA services with over 50 years of experience in financial services. Mr. Bromma has worked in real estate, investment banking, financial institution consulting, and acquisitions and mergers in addition to his banking and real estate experience. Mr. Bromma founded Entrust Group in 1981, and it has grown into a nationwide firm with 30 branches nationwide.
Hubert Bromma, Founder, and CEO of Entrust Group, is a pioneer in self-directed IRA custodians with over five decades of experience in the financial industry. He has expertise in banking, real estate, alternative investments, financial institution consulting, and mergers and acquisitions. Mr. Bromma established Entrust Group in 1981, and has grown it into a nationwide company. There are 30 walk-in offices throughout the country, as well as 30 offices nationwide.
Jason Craig, former Assistant Vice President at Greater Bay Bank, is The Entrust Group’s president. Nearly 15 years of experience in the financial services sector are part of Mr. Craig’s background. For more information on The Entrust Group Management, please see The Entrust Group Team page.
Jason Craig, former Assistant Vice President at Greater Bay Bank, currently heads The Entrust Group. Mr. Craig has over 15 years of experience in the financial services industry. For more information on The Entrust Group’s Management, see The Entrust Group Team page.
Be Sure To Check Other Gold IRA Competition Before You Buy
We’ve made it simple for anyone to conduct their own research and compare the top IRA custodians and Gold IRA companies. Our guides and comparison charts provide convenient resources for researching how Gold IRAs function. In addition to identifying which companies are the most reputable and cost-effective service providers and bullion dealers.
Investors should allocate 5% to 20% of their retirement portfolio to precious metals, according to most experts. Gold, silver, and other metals are thought to be a powerful hedge against inflation, in addition to being a relatively safe investment. If the dollar becomes inflated and devalued, gold is likely to appreciate in value. Furthermore, the value of your retirement savings might be multiplied many times over if we enter another recession or depression (which would result in a huge demand for gold).
Investing that seemingly small portion of your portfolio wisely could be the most important investment you can make for your retirement in the long term.
Our comparison charts and guides provide convenient resources for doing your own research and comparing the top IRA custodians and Gold IRA companies. Our guides and comparison charts provide the information you need to research how Gold IRAs work. In addition to identifying the most reliable and cost-effective service providers and bullion dealers, we also list companies.
The Entrust Group Ratings & Complaints
Better Business Bureau:Rating A+(Details)
BBB:Customer RatingOut of 9 Reviews
Birdeye: Rating Based on 42 Reviews
Trustpilot: Rating Based on 2 Reviews
BBB: Complaints Closed 8
Business Consumer Alliance:Rating B
Score 3/5
The Entrust Group educational programs
The enhanced client portal allows for real-time asset management and account management.
The IRA Academy – an Entrust facility – is where financial and banking professionals can gain specialized education. The Institute of Certified Bankers (ICB) certifies the IRA Academy.
Entrust offers regional office support in Santa Monica, CA, Oakland, CA, Nashville, TN, and Hackensack, NJ, which is a positive aspect. Typically, Self Directed Retirement providers service a nationwide clientele from one centrally located headquarters.
Entrust has recently made an attempt to penetrate the B2B sector. Additionally, financial planners who direct their clients’ investments (e.g. financial planners) or businesses that encourage private investment through Self Directed IRA funds are included. Business customers may take advantage of a variety of Entrust enhancements.
With the help of dedicated advisor portals, clients’ accounts can be hand overseen by advisors. Furthermore, cobranding opportunities and marketing materials are offered as part of the marketing and branding support. Increased client support, discounted fees, and increased educational opportunities are all provided.
With this recent innovation, real-time asset and account management is now possible.
The Entrust Group Process & Timeframe
According to the Entrust website, you should be able to open a new account in about ten minutes. You must provide certain information in order to do so, including your social security number, birthdate, legal address, digital copy of your identification, credit card information, and your beneficiary’s name and social security number.
You can either download a New Account kit or visit a local office in person to open the account.
You can fund the account either by making an initial contribution or by rolling over funds from an existing account after it is opened.
Once an investment choice is made, the account holder talks to Entrust to get the transaction done.
Protect Your Wealth By Diversifying In Precious Metals! Investing in precious metals through an IRA can be a wise decision if you want to make sure that your money keeps its value over time or if you’re going to hedge against inflation and the possibility of global financial instability.
The Entrust Group Fees
These are the fees currently listed by Entrust. Keep in mind that fees change and some fees will have
An asset-based account-keeping charge of $299/asset is applied to alternative assets. Non-recourse loans are charged $199/asset, precious metals are charged $150/year (unlimited assets), and crowdfunded ventures are charged $150/year (unlimited assets).
Please note that fees may change and that some fees have limits or conditions. It is always preferable to speak with an Entrust representative prior to performing any transactions.
$50 is the one-time Account Establishment Fee.
$299 is charged for every Alternative Asset you keep on an annual basis, $199 for every Non-Recourse Loan you keep on an annual basis, and $150 for every year you keep Precious Metals (unlimited assets). Crowdfunding is also $150 per year, but it applies to an unlimited number of assets.
- Annual Account Record keeping Fee: Asset Value Based (quarterly) – Ranges from $199 – $1,995
- Standard Asset Transaction (e.g. purchase or sale) – $95
- Wire Transfers – $30
- Overnight Delivery – $30
- Check Processing – $10
- Real Estate Transaction – $175
- Real Estate Transaction with Non-recourse Loan – $250
- Precious Metals Transaction – $0
- Crowdfunding Transaction – $0
- Returns – $30
- Stop Payments – $30
- Reregistration of Assets – $100
- Specialized Research or Transactions – $150/hour
- Account Termination – $250
- ACH Transfers – $0
- Bank Check processing – $30
- Expedited Transactions – $150
Who Entrust Right For?
An individual who doesn’t want check writing access and prefers to do it on his or her own may want to invest in Entrust Group. It’s ideal for those who want the safety of an established company with a wide range of investment choices and moderate costs.
If you’re not interested in having check writing access, Entrust Group is great for you. It’s excellent for those who want the protection of an established firm with lots of investment options and low fees.
The Entrust Group Review
With more than 40 years of experience in the field, the Entrust Group is a well-respected account administrator for tax-advantaged plans and self-directed retirement accounts. Around $4 billion in assets are administered by Entrust Group. Entrust Group has over 45,000 clients across the country. They’re unique in the self-directed IRA administration and custodian business in that they offer more traditional office locations than any of their competitors. Individual and business plans are available from these branches.
Entrust Group is a reputable account administration firm for tax-advantaged plans and self-directed retirement accounts. They have more than four decades of experience in the business, as well as over $4 billion in assets under administration. In addition to having more traditional office locations than their competitors in self-directed IRA administration and custodian business, Entrust Group services 45,000 clients nationwide. Individuals and businesses can receive plans from these branches.
The Next Step
Protect Your Wealth By Diversifying In Precious Metals! Investing in precious metals through an IRA can be a wise decision if you want to make sure that your money keeps its value over time or if you’re going to hedge against inflation and the possibility of global financial instability.
