Rosland Capital Review
Gold and other precious metals held in a well-balanced portfolio can provide a hedge against inflation. When the value of the U.S. dollar falls, gold prices typically rise. You take advantage of this inverse relationship when you set up an individual retirement account with Rosland Capital or one of our picks for the best Gold IRA companies.
Rosland Capital is a precious metals broker, selling gold, silver, platinum and palladium in bars or coins. The company specializes in assisting customers with setting up Gold IRAs and sells precious metals for direct delivery. Rosland Capital was founded in 2008 and serves customers in the United States, United Kingdom, Germany, Sweden and Hong Kong.
Pros
- Domestic and international precious metals sales
- Exclusive gold and silver specialty coins
- Experienced representatives assist with setting up Gold IRAs
>Cons
- Website may use third-party links to services the company does not control
- No costs shared on the site
Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.
Rosland Capital Gold IRAs
Rosland Capital supplies the information you need to determine if a Gold IRA is right for you. A Gold or Silver IRA can complement conventional retirement plans by balancing your portfolio with silver and gold coins, platinum and palladium. The specialists at Rosland Capital assist clients with choosing the right precious metal to keep their IRA compliant with Internal Revenue Service rules.
Rosland Capital’s Coins and Bullion
You can buy gold from Rosland Capital as a non-retirement investment, or to replace cash in an emergency or for collections. The company also sells platinum bars, and there was mention of palladium on the website, but we found none listed under the product selection menu.
- Gold Coins: South African Krugerrand, Canadian Gold Maple Leaf, American Gold Eagle and American Gold Buffalo.
- Silver Coins: Canadian Silver Maple Leaf, American Silver Eagle and 90% silver U.S. coins in bags.
- Limited Edition Exclusive Coins: Formula 1 motor racing commemorative coins, Williams Racing, PGA Tour British Museum Masterpiece Collection and the International Tennis Federation’s Davis Cup and Fed Cup.
How to Set Up a Gold IRA with Rosland Capital
To get started setting up a Gold IRA, discuss your options and costs with a representative. You will learn which precious metals best fit your goals for your retirement investments.
| IRA Setup | The representative sends forms for you to complete and sign. You’ll receive a customer agreement and an application from the IRA administrator, Equity Institutional. |
| Choose gold | The Rosland Capital representative creates your account, then helps you make final decisions regarding which investments to hold in your Gold IRA. |
| Fund the account | Either fund the IRA with a check, transfer an existing IRA or create a Gold IRA rollover. When funding is complete, Rosland Capital transfers your physical precious metals to a secure depository in Delaware. Your metals get stored separately from all other investors’ metals. |
After the setup is complete, you pay annual fees to the IRA custodian, Equity Institutional, for account administration and storage. You must start taking required minimum distributions when you reach age 72. You can cash out the precious metals at that time or receive physical gold.
Rosland Capital Costs and Fees
We could not find any fees on Rosland Capital’s website. However, several review sites published identical costs. We share this information with you, but verifying all costs before setting up a Gold IRA or purchasing precious metals is essential.
The initial setup fee is $50, and Rosland’s annual administration fee is $225. We found conflicting information as to whether the $225 includes secure storage. Typically, you’ll pay for storage separately.
Discuss individual transaction fees with a representative. The company requires at least $10,000 to open a Gold IRA.
How to Invest with Rosland Capital
Visit their website to get started with a Gold IRA or other precious metals investment with Rosland Capital. You can also call to discuss your eligibility for an IRA, create a Gold IRA rollover and get answers to questions. A representative will walk you through the necessary steps to set up an investment or retirement account.
Rosland Capital Complaints
Rosland Capital holds an A+ rating from the Better Business Bureau. While consumer reviews on the BBB site are few, they are worth noting because the scores average out to 1.25 stars out of 5. The Business Consumer Alliance gives the company an excellent AAA rating, and Trustlink has a mix of positive and negative reviews.
Based on our findings when researching Rosland Capital complaints, clients either love or despise the company. Many say the representatives made investing in gold very easy, yet there are several complaints about aggressive sales, rude agents and difficulty reaching customer service.
Rosland Capital Q&A
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How much money will Rosland Capital recommend investing in precious metals?
The professionals at Rosland Capital take each customer’s preferences and circumstances into consideration before recommending precious metals investments. Depending on your retirement fund or investment goals, you may want to invest between 5% and 20% in metals.
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Will I earn interest or dividends in a Gold IRA or precious metals IRA?
Precious metals IRAs, including those holding only gold, are not income-generating investments. The value of your Gold IRA rises and falls depending on the market price of the coins and bars you own.
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Do Rosland Capital IRAs hold gold-related investments or just gold?
Gold IRAs only hold physical precious metals and no paper assets like stocks or bonds. You can buy the gold from the company or transfer an existing IRA into a Gold IRA.
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Can I store the gold I buy from Rosland Capital in my home?
You can store precious metals wherever you like – unless you hold those metals in an IRA. The Internal Revenue Service requires Gold IRA investments to be securely stored by a third party. Rosland Capital representatives will help you to determine where to store the metals. We do not recommend in-home storage under any circumstances due to the security issues this presents.
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Is there a way to track my precious metals investments with Rosland Capital?
The price of gold and other precious metals fluctuates throughout the day, making it difficult to track. You can call a Rosland Capital representative to get up-to-the-minute prices.
Conclusion
Rosland Capital has been in the precious metals business since 2008. Representatives at the company can set up a Gold IRA or assist you with buying precious metals. The lack of information about fees is a concern given that other Gold IRA companies are more transparent about costs. However, Rosland Gold appears to have a good share of happy customers.