American Alternative Assets Reviews: Legit or Not?

7.5/10 (Expert Score)
Product is rated as #144 in category Dealers
7.6Expert Score
American Alternative Assets

This precious metals dealer has significant experience in helping people invest in gold, silver, and other metals.

Trust
7.6
Fees
7.9
Customer Service
7.2
Reputation
7.5
Pros
  • Self-Directed IRA Services
  • Personalized Customer Support
  • Diverse Product Offerings
Cons
  • No E-Commerce Platform
  • Market Volatility

American Alternative Assets: Unique Highlights Overview

American Alternative Assets is a financial services firm specializing in precious metals investments, dedicated to helping clients protect and preserve their wealth. The company emphasizes the enduring value of assets like gold and silver as hedges against inflation and market volatility.

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Key Highlights:

  • Home Storage Option: For clients preferring personal possession, the firm offers fully insured, free shipping of precious metals directly to their doorstep. Qualified orders may also receive a complimentary safe for secure storage at home.
  • Commitment to Client Privacy: American Alternative Assets prioritizes client confidentiality, providing a secure environment for financial transactions and safeguarding personal information.
  • Accreditation and Ratings: The firm holds an A+ rating from the Better Business Bureau (BBB), reflecting its adherence to high ethical standards and customer satisfaction.
  • Client Testimonials: Clients have praised the company’s knowledgeable and friendly staff, highlighting their expertise in gold and silver investments.

In an era marked by economic uncertainties and concerns over financial privacy, American Alternative Assets positions itself as a reliable partner for individuals seeking to safeguard their financial future through tangible asset investments.

What is the American Alternative Assets?

American Alternative Assets is a financial services company that specializes in precious metals investments, offering clients the opportunity to diversify their portfolios and protect their wealth from market volatility and inflation. 

The company is based in Woodland Hills, California, and provides tailored solutions for those seeking to invest in tangible assets like gold, silver, platinum, and palladium. 

Their focus is on promoting financial security and privacy through alternative investment strategies, particularly in the form of physical precious metals.

The core mission of American Alternative Assets is to help clients preserve and grow their wealth by offering investment products that are considered a hedge against economic downturns and currency devaluation. 

Precious metals, especially gold, have long been seen as a store of value, often performing well during periods of market instability. 

For investors concerned about inflation, market crashes, or economic uncertainty, American Alternative Assets emphasizes the stability and enduring value of tangible assets.

logog of American Alternative Assets

Services Offered

American Alternative Assets provides a range of investment services designed to meet individual financial needs:

  • Precious Metals IRA – The company helps clients convert their retirement savings into a self-directed IRA backed by physical gold and silver, giving them more control over their investments.
  • Physical Precious Metals Delivery – For clients who prefer to take possession of their metals, American Alternative Assets offers fully insured shipping and secure delivery options.
  • Personalized Investment Guidance – Clients receive expert consultation on how to balance their portfolios with precious metals, based on their financial goals and market conditions.

Privacy and Security

One of the company’s standout features is its emphasis on privacy and secure transactions. American Alternative Assets ensures that all client information is handled with strict confidentiality, providing peace of mind for individuals who value their financial privacy. Additionally, the firm offers secure storage solutions, including home safes for qualified purchases.

Accreditation and Reputation

American Alternative Assets holds an A+ rating from the Better Business Bureau (BBB), reflecting its commitment to high ethical standards and customer satisfaction. The company has received positive feedback from clients, who often praise its knowledgeable staff and transparent investment process.

Why Choose American Alternative Assets?

For investors seeking financial diversification and protection, American Alternative Assets provides a reliable solution. By focusing on precious metals, the company offers a safeguard against market volatility, inflation, and currency instability. 

Their personalized services, emphasis on security, and strong reputation make them an appealing choice for individuals looking to preserve wealth through alternative investments.

In summary, American Alternative Assets is a trusted partner for those interested in tangible asset investments, offering expert guidance, secure transactions, and peace of mind in today’s unpredictable financial landscape.

Who are the People Behind American Alternative Assets?

American Alternative Assets is a privately held firm specializing in wealth and asset protection through precious metals investments. The company emphasizes long-term client relationships, providing continuous support and personalized advice tailored to individual needs. 

Their commitment to transparency, integrity, and high ethical standards has earned them an A+ rating and accreditation from both the Better Business Bureau and the National Ethics Association.

While specific details about the leadership team are not prominently featured in publicly available sources, the firm’s focus on client trust and satisfaction is evident through its services and client testimonials. 

They assist clients in safeguarding their savings and retirement funds through self-directed IRAs and direct purchases of precious metals. The company’s mission is to protect, preserve, and help clients prosper, especially in times of economic uncertainty.

For more detailed information about the individuals leading American Alternative Assets, it would be best to contact the company directly or visit their official website.

Does American Alternative Assets Offer IRA Services?

Yes, American Alternative Assets offers Precious Metals IRA services, helping clients diversify their retirement portfolios by including physical assets such as gold and silver. 

This type of self-directed IRA allows investors to hold tangible assets, providing an effective hedge against inflation, currency devaluation, and market volatility. Precious Metals IRAs have become a popular strategy for individuals seeking long-term wealth protection.

How Does a Precious Metals IRA Work?

American Alternative Assets assists clients through every step of the IRA process, including:

  1. Setting Up a Self-Directed IRA
    The company helps clients establish a self-directed IRA through a qualified custodian, which is required by IRS regulations. Self-directed IRAs provide more flexibility than traditional IRAs, allowing investments in alternative assets like physical metals.
  2. Choosing the Right Metals
    Clients can select from IRS-approved metals, including gold, silver, platinum, and palladium coins or bars. Common options include American Gold Eagles, Canadian Gold Maple Leafs, and other purity-certified bullion products.
  3. Secure Storage
    American Alternative Assets coordinates the secure storage of precious metals in IRS-approved depositories. These facilities offer segregated storage to ensure clients’ assets are stored separately from others and remain secure.
  4. Guidance on Compliance
    The company provides expert advice to ensure clients comply with IRS guidelines regarding precious metals investments in retirement accounts. This includes helping clients understand contribution limits, withdrawal rules, and tax implications.

Benefits of a Precious Metals IRA

  • Wealth Preservation: Precious metals are known for maintaining value during economic downturns.
  • Portfolio Diversification: Including tangible assets in a retirement plan reduces exposure to stock market volatility.
  • Inflation Protection: Gold and silver have historically served as effective hedges against rising inflation and currency instability.

Customer Support and Reputation

American Alternative Assets has earned positive feedback from clients, with many praising their professional service and knowledgeable staff. 

The company’s emphasis on personalized guidance and its A+ rating with the Better Business Bureau underscores its commitment to high ethical standards.

Thus, American Alternative Assets provides a comprehensive solution for investors seeking to diversify and protect their retirement savings through Precious Metals IRAs. 

With secure storage options, expert compliance support, and personalized investment strategies, the company positions itself as a reliable partner for long-term wealth management.

What Products Can You Purchase at American Alternative Assets ?

American Alternative Assets specializes in providing clients with tangible investment products that help diversify portfolios and protect wealth. The company’s core offerings revolve around precious metals like gold, silver, platinum, and palladium. These products are designed to serve as a hedge against inflation, economic downturns, and stock market volatility. Below is a detailed overview of the key products available through American Alternative Assets.

1. Gold Products

Gold is one of the most sought-after investment metals due to its stability and value retention over time. American Alternative Assets offers IRS-approved gold products suitable for Precious Metals IRAs as well as direct ownership. These include:

  • Gold Coins: Popular options like American Gold Eagles, Canadian Gold Maple Leafs, and South African Krugerrands.
  • Gold Bars: Offered in various sizes from 1 oz to 10 oz, sourced from trusted mints like PAMP Suisse and Credit Suisse.
product of American Alternative Assets

2. Silver Products

Silver is a versatile and affordable precious metal, often used to balance portfolios. The company provides both IRA-eligible and collectible silver products, including:

  • Silver Coins: Examples include American Silver Eagles, Austrian Silver Philharmonics, and Canadian Silver Maple Leafs.
  • Silver Bars: Available in a variety of weights, ranging from 1 oz to 100 oz, ideal for both investors and collectors.
product of American Alternative Assets

3. Platinum and Palladium Products

For those seeking further diversification, American Alternative Assets offers platinum and palladium investment options. These metals are rarer than gold and silver and are often used in industrial applications, making them valuable assets.

  • Platinum Coins and Bars: Includes Platinum American Eagles and platinum bullion bars.
  • Palladium Products: Palladium coins and bars are available, offering long-term investment opportunities.
product of American Alternative Assets

4. Precious Metals IRA Products

American Alternative Assets specializes in helping clients include physical metals in their self-directed IRAs. These products meet IRS requirements for purity and eligibility, ensuring compliance with federal regulations. Options include:

  • Gold and Silver Bullion with a purity of at least 99.5%.
  • Approved Coins like Gold Eagles and Silver Maple Leafs, which are both widely accepted for retirement investments.

5. Physical Delivery and Storage Solutions

In addition to investment options, the company offers:

  • Home Delivery: Fully insured shipping for clients who want physical possession of their metals.
  • Secure Storage: Access to IRS-approved depositories for clients who prefer their assets stored in a secure, segregated facility.

Why Invest in Precious Metals?

Precious metals offer several key benefits, including:

  • Wealth Preservation: Gold and silver are time-tested stores of value.
  • Inflation Hedge: Precious metals tend to maintain or increase in value during periods of high inflation.
  • Portfolio Diversification: Adding tangible assets reduces exposure to market fluctuations.

Thus, American Alternative Assets provides a wide selection of gold, silver, platinum, and palladium products, designed to help investors protect and grow their wealth. Whether you’re looking to diversify your retirement portfolio with a Precious Metals IRA or acquire physical bullion for personal storage, the company offers trusted investment solutions to meet your financial goals.

American Alternative Assets Fees and Pricing:

American Alternative Assets offers precious metals investment services, including self-directed IRAs and physical delivery of gold, silver, platinum, and palladium. Understanding the fees and pricing structure is crucial for clients looking to safeguard their wealth while minimizing costs. Below is an overview of key considerations regarding their fees and pricing.

1. Precious Metals Pricing

The prices of precious metals offered by American Alternative Assets are market-based and fluctuate according to real-time global precious metals markets. Factors influencing these prices include:

  • Current spot price of gold, silver, platinum, or palladium.
  • Premiums on coins and bars based on mintage, demand, and metal purity.
  • Product type (e.g., American Gold Eagle coins may carry a higher premium than generic bullion bars).

American Alternative Assets strives to provide competitive pricing, ensuring that clients get value in both purchasing and selling transactions.

2. IRA Setup and Maintenance Fees

For clients establishing a Precious Metals IRA, fees may include:

  • Account Setup Fee: A one-time fee for opening the self-directed IRA.
  • Custodian Fees: The company works with qualified custodians to manage the IRA, and these custodians may charge fees for account administration and reporting.
  • Storage Fees: Precious metals held within an IRA are stored in IRS-approved depositories, which may charge annual fees based on storage type (segregated or non-segregated) and the total value of the assets.

3. Secure Storage and Insurance Costs

American Alternative Assets provides options for secure storage of physical metals in third-party depositories. Storage fees typically cover:

  • Insurance: Full coverage for the value of stored metals, ensuring protection in case of theft, loss, or damage.
  • Vault Security: High-level security measures, including 24/7 monitoring, restricted access, and segregated asset storage.

Clients may choose between:

  • Segregated Storage: Assets are stored separately from others, providing extra security.
  • Non-Segregated Storage: Lower-cost option where assets are stored collectively.

4. Shipping and Delivery Fees

For clients who prefer to take physical possession of their metals, American Alternative Assets offers fully insured shipping services. Shipping fees are based on:

  • The total weight of the metals.
  • The destination and delivery speed.

Qualified purchases may be eligible for free shipping or additional perks, such as a complimentary home safe.

5. Transaction and Buyback Policies

American Alternative Assets also offers buyback services, allowing clients to liquidate their metals when needed. While no transaction fees are typically charged on purchases, spreads between buy and sell prices reflect the current market and premiums.

6. Consultation and Advisory Fees

The company offers personalized investment advice at no additional charge, helping clients build their portfolios based on long-term financial goals. This advisory service is included with the investment process, enhancing the value of working with American Alternative Assets.

Therefore, American Alternative Assets provides transparent and competitive pricing on precious metals and associated services, including self-directed IRA support, secure storage, and insured shipping

While fees vary depending on product type and service level, the company aims to offer cost-effective wealth protection solutions for clients seeking to diversify their investments with tangible assets. For specific fee details, clients are encouraged to consult with the company directly to tailor a solution that fits their financial needs.

What Do American Alternative Assets Reviews Say?

#1. I wanted to invest in something other than cash in the bank, hence I called American Alternative Assets to help purchase some precious metals. 

After the company corrected a misunderstanding we had, I am quite happy with what I bought. They seem to have quite excellent customer service and are ready to work with clients till they are happy. 

review 1 of American Alternative Assets

#2. I thank God I discovered AAA and moved my IRA from the stock market into a precious metal investment. Mark and Randy are excellent. What a gift it is! Their simple handling of my investment changes has made all the difference. 

Their professionalism, knowledge, and eagerness to respond to and explain all of my queries have been beyond any previous financial advisor I have ever worked with. 

review 2 of American Alternative Assets

#3. Working with Randy has been a real pleasure. He is quite helpful; this is not my sphere of knowledge but rather his. Knowing that we are safeguarding our retirement by buying gold and silver, nevertheless, makes us much more comfortable and happy. As we are able, we will keep investing with American Alternative Assets.

review 3 of American Alternative Assets

Why aren’t There Many American Alternative Assets Complaints?

American Alternative Assets has built a reputation for trustworthiness and customer satisfaction, which explains the low number of complaints associated with the company. Several key factors contribute to this positive reputation:

1. Strong Focus on Ethical Business Practices

The company holds an A+ rating from the Better Business Bureau (BBB), a reflection of its commitment to operating with honesty, transparency, and integrity. BBB accreditation is awarded to businesses that meet high ethical standards and resolve any issues promptly, which helps reduce complaints from customers.

By adhering to clear and fair policies, including transparent pricing for precious metals and IRA services, American Alternative Assets ensures that clients understand what to expect from their investments. This focus on compliance and transparency prevents misunderstandings or dissatisfaction.

2. Competitive Pricing and Market Alignment

American Alternative Assets offers market-based pricing for precious metals. Since the company prices gold, silver, platinum, and palladium based on real-time spot prices, clients feel reassured that they are receiving fair and accurate pricing for their investments.

Additionally, there are no hidden fees, and all costs related to IRA account setup, custodial services, and secure storage are disclosed upfront. This pricing transparency reduces the likelihood of complaints related to unexpected costs.

3. Personalized Customer Support

Many clients appreciate the company’s personalized investment advice and customer support. American Alternative Assets provides dedicated account representatives who guide clients through the IRA setup process, helping them select appropriate metals and ensure compliance with IRS regulations.

The availability of one-on-one consultations gives clients a chance to ask questions, receive tailored advice, and feel more confident in their investment decisions. This level of support minimizes confusion or frustration, which can often lead to complaints in other companies.

4. Secure Storage and Shipping Options

The company offers secure, insured storage in IRS-approved depositories as well as insured shipping for clients who prefer to take physical possession of their metals. With multiple storage and delivery options, clients have control over how their assets are managed, which reduces dissatisfaction regarding security or access.

5. Positive Customer Reviews and Trust

Customer testimonials often highlight professionalism, knowledgeable staff, and a seamless investment process. Many clients report feeling confident and reassured in their decision to work with American Alternative Assets, particularly regarding their retirement accounts. Positive feedback helps strengthen the company’s reputation and reduces the likelihood of complaints being filed.

6. Proactive Issue Resolution

American Alternative Assets is responsive to client concerns and works to resolve issues promptly. Companies with a strong focus on customer service and problem-solving often experience fewer formal complaints since clients prefer direct communication over filing grievances.

The lack of significant complaints against American Alternative Assets can be attributed to their ethical practices, transparent pricing, personalized support, and commitment to customer satisfaction. By consistently delivering reliable services and competitive investment options, the company has established itself as a trusted partner for those seeking to protect and diversify their wealth through precious metals investments.

Are There Any American Alternative Assets Lawsuits?

As of now, there is no publicly available information indicating that American Alternative Assets is involved in any legal proceedings or lawsuits. The company maintains an A+ rating with the Better Business Bureau (BBB), reflecting its commitment to ethical business practices and customer satisfaction. This high rating suggests a strong adherence to industry standards and a focus on maintaining positive client relationships.

It’s important to note that American Alternative Assets is distinct from American Alternative Investments, LLC, which has been subject to regulatory actions in the past. 

For instance, in 2021, American Alternative Investments, LLC, and its associated individuals entered into a consent order with the Washington State Department of Financial Institutions regarding the sale of unregistered securities.

However, this entity is separate from American Alternative Assets, and there is no indication of any legal issues pertaining to American Alternative Assets.

The absence of legal challenges or complaints against American Alternative Assets underscores its dedication to transparent operations and client trust. 

Potential investors are encouraged to conduct their own due diligence and consult with financial advisors to ensure that any investment aligns with their individual financial goals and risk tolerance.

Can You Trust American Alternative Assets? Is American Alternative Assets Legit?

Yes, 

They are reputable gold dealers with vast experience.

Before working with a precious metals company, do your research.

Here are some tips to ensure a gold IRA company’s legality:

Tip #1: Check Their Regulatory Compliance and Accreditation

Check for proper licensing and registration with relevant financial regulatory bodies such as the Securities and Exchange Commission (SEC) or Financial Industry Regulatory Authority (FINRA).

Verify the company’s accreditation with industry organizations like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).

It will help you check how credible they are.

Tip #2: Look into The Company’s Background

  1. Research the company’s history, including years in business and any name changes.
  2. Examine the Better Business Bureau (BBB) rating and accreditation status.
  3. Review customer feedback on reputable third-party review sites like Trustpilot or Consumer Affairs.

Tip #3: Does the Company Offer Good Resources?

  1. Assess the clarity of information provided about fees, storage options, and buyback policies.
  2. Evaluate the quality and depth of educational resources offered to investors.
  3. Verify that the company provides clear information about IRS regulations regarding precious metals IRAs.

Tip #4: What are Their Product Offerings and Pricing?

  1. Ensure the company offers IRS-approved precious metals for IRA investments.
  2. Compare pricing with other reputable dealers to ensure competitiveness.
  3. Be wary of companies pushing numismatic or collectible coins over bullion for IRA investments.

Tip #5: Confirm the Storage and Custodian Partnerships

Verify that the company works with IRS-approved custodians and secure storage facilities. According to IRS’ regulations, you cannot store your gold IRA’s precious metals at your home.

You’ll need a certified third-party storage provider.

Check the company’s storage and custodian partner to ensure you’re working with a reliable firm. Moreover, ensure they offer segregated storage options for your precious metals.

Segregated storage means your owned precious metals products will be stored separately from other investors’ possessions. Similarly, non-segregated storage means your products will be stored along with others.

Keep in mind that storage providers charge extra for segregated storage.

Some popular custodians include Equity Trust and Goldstar Trust.

Red Flags to Watch For in Gold IRA Companies

  1. Promises of guaranteed returns or claims of “secret” investment strategies.
  2. Pressure to act immediately or make large investments without proper consideration.
  3. Lack of physical address or unclear company ownership structure.
  4. Unwillingness to provide detailed information about fees or policies in writing.

By thoroughly evaluating these aspects, investors can make an informed decision about the legitimacy and reliability of a gold IRA company. It’s crucial to conduct due diligence and, if necessary, consult with a financial advisor before making any investment decisions.

American Alternative Assets Review Summary:

American Alternative Assets is a trusted financial services firm specializing in precious metals investments. The company provides clients with opportunities to diversify and protect their wealth through tangible assets like gold, silver, platinum, and palladium. 

By offering self-directed IRA services and physical delivery options, the firm caters to both retirement investors and individuals looking to safeguard their savings from economic volatility.

One of the company’s standout features is its commitment to transparency. American Alternative Assets offers market-based pricing for metals, ensuring that clients receive fair and accurate valuations based on real-time spot prices. 

Additionally, all fees related to IRA setup, custodial services, and secure storage are disclosed upfront, helping to prevent surprises. This focus on clarity has earned the company an A+ rating with the Better Business Bureau (BBB).

Clients often highlight the company’s personalized investment guidance, which provides valuable support throughout the IRA setup process and helps clients choose the right metals for their portfolios. The availability of IRS-approved depositories for secure storage further enhances the company’s reputation, giving clients peace of mind that their assets are well-protected.

Many customers have praised American Alternative Assets for its professionalism, knowledgeable staff, and strong focus on customer service. These factors contribute to the company’s growing credibility and trust within the financial services industry. 

In addition, the firm’s privacy-focused policies ensure that clients’ financial information is handled with the utmost care, a critical consideration for investors seeking security.

Furthermore, American Alternative Assets offers a comprehensive suite of services for those looking to diversify their investments with precious metals. The company’s transparent pricing, expert guidance, and secure storage options make it a top choice for investors seeking long-term wealth preservation. 

With strong customer reviews and a BBB A+ rating, American Alternative Assets provides a reliable and trustworthy platform for precious metals investing.

American Alternative Assets Reviews: Legit or Not?
American Alternative Assets Reviews: Legit or Not?

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