Many individuals want to achieve financial prosperity through precious metal companies, like My Private Bullion.
With My Private Bullion, people can take advantage of products and strategies that can help them grow financially. However, is the company reliable? Keep reading this My Private Bullion review to find the answer.
About My Private Bullion
My Private Bullion (MPB) is a gold IRA and precious metals bullion company. The company was established in 2012 and is located in Sarasota, Florida.
The company is fully committed to educating clients about the nature of precious metals investment. My Private Bullion works with individuals and corporate IRAs, SIMPLE, SEP, and 401k plans. They offer a comprehensive guide and sections on the official website covering different topics about precious metals.
My Private Bullion offers its clients products and superior strategies dedicated to asset protection, wealth management, retirement plans. They want to help people understand precious metals ownership and gold IRA. My Private Bullion provides individually tailored solutions based on investors’ needs, objectives, and goals.
What Products Does Private Bullion Offer?
The MPB’s catalog includes gold, silver, platinum, and palladium coins and bars. Rhodium is also available, especially for inclined investors.
The majority of popular IRA products include Platinum American Leaf, Palladium Canadian Maple Leaf, Silver Canadian Maple Leaf, Gold Canadian Maple Leaf, Silver Australian Leaf, Gold Australian Kangaroo, Gold Australian Maple Leaf, Gold American Buffalo, Silver Austrian Philharmonic, Gold Austrian Philharmonic, Platinum American Eagle, etc. Investors can hold these My Private Bullion products in their retirement accounts.
The Management Team
When it comes to My Private Bullion Management Team, some investors are a bit disappointed. There is no company info about the team members and who leads the business. While My Private Bullion has a LinkedIn page, there are still no details about the leadership.
The Custodians and Storage
This precious metals investment company has a strong partnership with the Delaware Depository to ensure secure vault storage.
My Private Bullion storage is provided by Delaware facility, which is fully insured via Lloyd’s of London. The Delaware Depository facility also provides segregated and non-segregated storage options.
It is known that the company offers excellent customer assistance if investors open a Gold IRA; they do not reveal critical information regarding My Private Bullion custodians.
Precious Metals IRA Info
Check out this precious metal IRA information for greater detail:
- Annual Cost: Variable
- Partnered Storage Vault: Delaware Depository
- Partnered Custodian: N/A
- Precious Metals Available: Gold, Silver, Platinum, and Palladium
- Years in Business: 8 Years
- Flat or Scaled Fess?: Flat Fees
Interested individuals can reach My Private Bullion through the following contact information:
Address: 715 N Washington Blvd Ste B, Sarasota, FL 34236
Phone: (941) 499-1298
My Private Bullion Reviews, Complaints, and Ratings
This section provides a diverse selection of ratings, online reviews, and complaints pertaining to the company. All of them came from rating agencies’ sites and trusted consumer reporting. Click on the links provided to see greater details.
Yellow Pages: N/A
Ripoff Report: Two Reports
BCA Complaints: N/A
BBB Complaints: 0 Complains (last 3 years)
BBB Rating: A+ but not BBB accredited
My Private Bullion Pros and Cons
Wide Array of Products and Services
The company offers a wide array of products, including silver, gold, palladium, rhodium, and platinum. Coins, bars, numismatics, and collectibles are available. They offer investors professional help in preserving and improving their wealth through a tax-exempted, secure retirement account.
Excellent Customer Support
My Private Bullion provides existing and potential clients with different communication channels: a live chat, email address, fax, and an office phone number.
The company offers investment-grade bullion that is eligible for precious metals IRA. They also provide collectibles and numismatics.
One of the best things about working with My Private Bullion is that they provide client education. That way, clients become equipped with the necessary strategies and knowledge to excel in wealth management and precious metal investing.
No Product Pricing Information
There is no pricing information for coins and bars when navigating the company’s official website. Interested individuals must directly contact the company to know the updated metal prices.
No Custodians or IRA Fees Information
My Private Bullion also lacks transparency when it comes to IRA fees. Also, MPB does not have any information about its custodians.
No Company Management Information
There is no found information about MPB’s managers on the official website. Most legitimate businesses list their managers and owners on their sites. So, it is strange that MPB lacks that critical information.
No Better Business Bureau (BBB) Accreditation
Trustworthy and reputable precious metals companies often have BBB accreditation. So, it is quite surprising that My Private Bullion is not BBB accredited even if they got an A+ rating from the platform.
Is My Private Bullion Legit?
Yes, My Private Bullion is a legitimate business. The company has been part of the industry for about eight years. They offer interesting products and strategies that can positively impact someone’s future finances.
For example, people can take advantage of the Precious Metals IRA, where they can invest in precious metals and enjoy their IRA accounts benefits. Gold IRA also enables them to hold alternative assets like precious metals instead of traditional bonds and stocks.
However, interested investors will have difficulty searching My Private Bullion reviews from top online review websites. Most precious metals investment firms have plenty of reviews on those websites, but My Private Bullion has no reviews.
Some clients are concerned about the lack of specific fees or prices displayed on the site. Lack of this information makes it more challenging for potential clients to compare different companies and pick the one offering the best deals.
My Private Bullion may also be not the best option for those who want to diversify their portfolio or hold a mix of precious metals coins and bars from different mints worldwide.
My Private Bullion is an established precious metals investment firm providing clients with a wide array of products, strategies, Gold IRAs, numismatics, and collectibles. While the company has an A+ rating from BBB, they still lack accreditation. There is also no information about their custodians, management team, IRA fees, or product prices, which can make interested investors hesitant to choose them.
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