The Entrust Group is a self-directed retirement and equity solutions provider that has been in business for over 30 years and manages more than $3 billion in assets. It provides its customers with secure, convenient, and cost-effective ways to diversify their portfolios while taking advantage of the tax incentives associated with investing in physical gold.
The group was founded by Hubert Bromma, who excels in real estate, mergers and acquisitions, financial institution consulting, and alternative investments.
His original mission was to provide options for those seeking an alternative to the banking system. He saw a need in the market for an alternative to traditional retirement accounts. Bromma's vision was to create a more secure, flexible means of wealth preservation and growth that anyone could use.
Since then, Entrust has been gradually expanding its services and has grown over the decades into one of the largest providers of self-directed IRAs in the United States.
From its humble beginnings as a small business, Entrust now has offices across the United States. This is one of the group's most appealing features, as the amount of physical locations it has dispersed across the country allows clients to speak with someone face-to-face if necessary.
We have done hundreds of hours of research on the best precious metals investment companies for anyone that wants to invest!
A few years back, Entrust underwent a significant transformation that saw it expand from offering self-directed IRAs to providing asset protection services and equity solutions. Through its new partnership with Equity Trust Company, Entrust now offers various tax-advantaged products designed to help clients protect, grow and diversify their portfolios.
Its commitment to customer service and transparency is at the heart of the group's business. As an independent retirement services company, Entrust offers customer service that goes above and beyond what most financial institutions provide.
It has dedicated staff available to assist customers with any questions or concerns they might have about their investments. They take custom service very seriously, offering personalized guidance for each client's needs. This is why they have a customer satisfaction rating of over 90%.
Entrust is committed to improving its services and technology so that clients always have the best possible experience managing their finances.
It allows customers to track their accounts by providing them with easy-to-use online tools. These accounts allow customers to view their account statements and transactions in real time. They also have the option to set up recurring payments and access customer service via email or telephone.
The company's current president is Jason Craig, who has been with Entrust since June 2011 and is committed to continuing the company's legacy of providing quality customer service and innovative products.
Since taking over, he has expanded the company's product offerings and improved its technology, making it easier for clients to manage their accounts and investments.
Entrust Group's IRAs and Features
Self-directed Gold IRA
The group offers a variety of Individual Retirement Arrangements to assist people in saving for retirement. A Self-Directed Gold IRA is one of the specialist retirement products they offer, allowing consumers to diversify their retirement portfolio with gold, silver, and other precious metals.
This form of retirement account differs from traditional IRAs because it provides greater investing freedom, allowing clients to diversify their portfolios with various assets.
The knowledgeable professionals at The Entrust Group can explain the benefits and drawbacks so that potential investors can make an informed decision about which investments are best for them.
Their experts will guide clients through establishing a self-directed gold IRA, from picking which metals to add to their account to advising on storage alternatives. The added security afforded by owning physical gold or silver as part of an individual's retirement plan is invaluable.
The group offers traditional IRAs, allowing customers to save for retirement with pre-tax dollars and enjoy tax deferral benefits. These are among the most popular retirement vehicles due to their flexibility, allowing investors to choose from a wide range of investment options, including stocks, bonds, and mutual funds.
This investment option allows individuals to contribute up to $6,000 ($7,000 if aged over 50), with contributions being tax deductible for the year of payment. Depending on eligibility, you may even qualify for a tax credit that could help enhance your retirement saving strategy.
Growth is generally not taxed until it's withdrawn - meaning you can grow your money faster than other retirement accounts. With The Entrust Group's Traditional IRA option, your future looks bright with stronger financial planning and smart investing strategies.
The Entrust Group provides a Roth IRA option, allowing investors to benefit from tax-free growth and distributions with no required minimum distributions (RMDs).
This retirement account allows you to save money on a tax-deferred basis. This means that when you withdraw the funds from your account, they are not subject to federal income taxes.
This makes them attractive for those who expect their tax rate in retirement to be higher than it is now, as they can avoid paying taxes on their withdrawals down the line.
The contribution rules differ from other IRAs; you must have earned income during the year to contribute, and the contribution limit for Roth IRAs varies depending on age, filing status, and income.
A Simplified Employee Pension plan is a retirement account for self-employed individuals and small business owners with fewer than 25 employees. It allows employers to contribute up to 25% of their net profit (or $57,000, whichever is less) into the employee's retirement account.
SEP IRAs are an attractive option for business owners who want to provide a retirement plan for themselves and their employees without the high costs associated with traditional 401(k) plans. The contributions made by employers are tax deductible, and the funds grow tax-deferred until they are withdrawn.
This retirement account is designed to help small business owners save for retirement while providing their employees an attractive benefit.
SIMPLE IRAs allow employers to match contributions up to 3% of the employee's salary, up to $12,500 per year. The employee can also make voluntary contributions of up to $3,000/year on a pre-tax basis.
This type of retirement account offers potentially higher contribution limits than a traditional or Roth IRA, making it an attractive option for those looking to maximize their retirement savings.
Gold IRAs can also invest in other kinds of assets. These include:
Fees and Pricing
Investing your hard-earned money is no small choice, and it's important to know that the service you use makes the most sense. The Entrust Group strives to make its fees and pricing as transparent as possible for you to make the best decision when it comes to investing.
To get started, there's an initial setup fee of $50, then each year, there is an annual fee starting depending on your total asset value.
It starts at $199 for values of $50,000 or less, starting at $199 for values of $50,000 or more. Additionally, it is a $299 annual fee for two or more assets for accounts with a market value of less than $50,000 and $299+0.15% for accounts with a market value greater than $50,000.
Depending on what you need, services like storage and shipping generally cost differently - these are all considered transactions/service costs ranging from $10 to $250, depending on what you're looking for.
These fees are relatively low compared to other investment organizations, so rest assured knowing your money will get the most bang for its buck with The Entrust Group.
Storage and Security
The Entrust Group goes the extra mile to secure your retirement funds. This is done through their associations with CNT Depository, Inc., Dakota Depository Company, Delaware Depository, and Idaho Armored Vaults, LLC.
CNT (Continental National Trust) is an independent, non-bank trust company that provides custodial services for retirement accounts, while Dakota Depository is a non-bank depository that provides bullion storage for gold and silver IRA investments.
Similarly, Delaware Depository utilizes state-of-the-art technology and professional staff to safeguard precious metals safely, and Idaho Armored Vaults, LLC specializes in secure storage solutions for monetary assets.
With all four companies working together to protect your retirement savings, you can rest assured that your investments are safe. Each company is licensed by the state where it operates and regularly undergoes financial audits and reviews. For added peace of mind, all four companies maintain insurance coverage for investor protection.
Memberships and Ratings
The group has an excellent reputation, and it's not hard to see why. They are A+ rated by the Better Business Bureau, meaning they have had no significant complaints or issues in the past three years.
Additionally, Entrust is an active member of several national financial organizations, such as the National Association of Financial Professionals, the National Retirement Planning Coordination Council, and the International Precious Metals Institute. These memberships are a testament to their commitment to ethical services and quality customer advice.
Entrust also follows all applicable regulations and guidelines the Internal Revenue Service (IRS) set forth. This ensures that they remain compliant with all relevant laws and regulations, which gives customers peace of mind.
The group takes customer service seriously. They have a team of certified professionals available to answer any questions or concerns about their services.
In addition, they offer a variety of resources on their website, such as FAQs, tutorials, and educational materials. This ensures that customers can access all the information they need to make informed investment decisions.
The group's clients have had highly positive reviews after using the services. They appreciate the personalized service and attention to detail they received as they worked through setting up their own gold IRA with Entrust.
They also appreciate the knowledgeable staff that could answer any questions they had along the way. Clients have found that Entrust Gold IRA makes investing in a gold IRA straightforward, allowing them to focus on building their portfolio instead of worrying about paperwork or legal issues.
Many clients have commended that Entrust Gold IRA's fees are lower than other gold IRA custodians, allowing them to keep more of their hard-earned money. Overall, clients have been satisfied with the level of service they receive from Entrust Gold IRA and recommend it to others.
Pros & Cons of Entrust Gold IRA
The Entrusted Group offers a competitively priced gold IRA service. There is no surprise when you get the bill with their reasonable fees and no hidden costs either.
The knowledgeable staff at the group work hard to help you gain the maximum return on your investments, ensuring that you are in control of where your money is invested and getting the most out of it too.
Large investment selection
The group offers an advantage beyond its comprehensive retirement planning approach. It provides access to high-quality investments, including stocks, bonds, mutual funds, and exchange-traded funds (ETFs).
With this investment selection at their disposal, members of The Entrusted Group's Gold IRA can choose from a wide range of asset classes, sectors, and regions to build a balanced, diversified portfolio tailored to their individual retirement needs.
Moreover, since the group's membership comes with the invaluable support of experienced advisors, it's the perfect solution for busy investors who don't have the time or resources to research and manage their funds themselves.
Excellent, solid reputation
The Entrusted Group has earned an excellent solid reputation in the gold IRA industry over the years, with many customers testifying to their commendable service. Their commitment to being reliable and honest means that clients can trust them for a secure, profitable, and enjoyable gold investing experience.
With the group's extensive gold investment knowledge, experienced professionals, and focus on customer satisfaction - it is no wonder they have become a trusted name in this industry. Put your money in their hands; you won't regret investing with them.
No IRA account minimum
By partnering with the group, investors can benefit from the lack of an initial account minimum. This allows for much greater flexibility when establishing an IRA, as investors can start small and grow their retirement portfolio from there.
This makes it perfect for budget-conscious investors. It also makes it more accessible to those just starting out who don't want to invest a large sum of money initially.
No information on storage and shipping fees
It's difficult to know exactly what you would be charged for these services without being given estimations ahead of time. This could be a setback for those who wish to go down the path of investing in gold, as understanding these costs can make a big difference in your budgeting.
Entrust Gold IRA is an excellent option for those looking to secure retirement savings and diversify their portfolios with a gold-backed investment. With its competitive fees and trustworthy customer service team, Entrust Gold IRA is the smart choice for precious metal investing. Plus, you can get started today by opening your free account in just minutes.
So what are you waiting for? Take advantage of this excellent opportunity to invest in gold and start growing your retirement nest egg today.
Don't forget to checkout our highest recommended precious metals investment companies if you want to move forward with an investment!