What exactly is Endeavor Metals Group?
Endeavor Metals Group is a reputable investment firm that focuses on precious metals, such as gold, silver, platinum, and palladium. According to BBB, they have been in the industry for 2 years. On their website, they state that they have a decade of experience in the precious metal industry.
In addition to their other services, they also specialize in helping clients with Gold IRA investments.
Endeavor Metals Group is based in West Palm Beach, Florida. The company offers a wide range of IRA-approved bullion in their catalogue.
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These assets encompass palladium, platinum, gold, and silver, along with numismatic coins. In addition, they aim to offer investors a diverse selection of well-known and reliable choices for their investments in precious metals.
At Endeavor Metals Group, we prioritize investor education. Their website features informative sections that provide valuable insights into investing in physical precious metals.
Meet the team at Endeavor Metals Group: As per the company’s LinkedIn profile, Mr. Paul Kaulesar holds the position of Chief Executive Officer (CEO) and Owner, while Mr. Nicholas Ganesh serves as the Chief Operating Officer (COO). The management team profiles and additional details are not available on the Endeavor Metals Group website.
Unfortunately, the website does not provide any additional details about the team members’ roles, backgrounds, or responsibilities.
Warning For Gold IRA Investors!
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The company’s limited disclosure raises concerns about its transparency, making it challenging for visitors to gain insights into the backgrounds, expertise, and experience of the management team.
How can I invest in an Endeavor Metals Group IRA?
If you want to open a gold IRA with them, you’ll need to follow these steps.
Opening a Custodial Account: The initial step involves setting up a custodial account that is specifically tailored for a precious metals IRA. This account is managed by a custodian who has expertise in handling self-directed IRAs that offer investment opportunities in precious metals.
Deposit funds into the account: After setting up the custodial account, it’s important to ensure that it is properly funded. One way to accomplish this is by moving funds from an existing IRA or 401(k) account into a precious metals IRA. Another option is to make a cash contribution. Ensuring that the funds are in compliance with IRS regulations regarding IRA contributions is crucial.
Invest in IRA-Approved Products: Now that your account is funded, you can proceed to invest in precious metal products that are approved for IRAs. These products fulfill the specific criteria established by the IRS for eligibility in a precious metals IRA. Working with a trustworthy precious metals dealer is essential when it comes to acquiring a diverse range of IRA-approved gold, silver, platinum, or palladium bullion or coins.
However, I wouldn’t advise opening an IRA with them. Why? There are numerous superior alternatives at your disposal.
Deciding to open a precious metals IRA is a significant choice. I highly recommend taking a look at our list of the best gold IRA providers. There, you can discover the top precious metals dealer in your state and make an informed choice.
Additionally, the list will provide valuable insights into the offerings of top players in the industry, ensuring you don’t overlook any important opportunities.
Check out the gold IRA page on the Endeavor Metals Group website.
Products offered by Endeavor Metals Group:
At the Endeavor Metals Group, we provide a diverse selection of investment products, including precious metals bullion, numismatics, and rounds.
Discover the exceptional range of gold and silver products offered by Endeavor Metals Group.
Customers can choose to invest in silver, gold, palladium, and platinum, based on their personal preferences. The company offers a wide range of bullion items that are approved for IRA investments. Unfortunately, the website does not display the prices for these products. For pricing information, it is recommended to reach out to a representative directly.
There are various options available in the catalogue, such as the Palladium Canadian Maple Leaf, Gold American Eagle, Silver Austrian Philharmonic, and many more.
The fees and charges of Endeavor Metals Group are not clearly stated on their website.
To inquire about their fees, it is best to contact their representatives directly.
Gold IRA companies typically provide clear information about their fees when communicating with clients. Before making a final decision, it would be wise to compare the fees of other precious metals companies.
By becoming knowledgeable in finance, you can make informed decisions and secure the most advantageous deal.
I highly suggest conducting business with reputable and transparent companies.
Reviews and Complaints about Endeavor Metals Group:
BBB:
Endeavor Metals Group has received an A rating on the Better Business Bureau website. They have received a perfect rating of 5 stars from all 4 customer reviews. The customers have provided positive reviews. They have been in the industry for 2 years, as reported by BBB. However, they state on their website that they have 10 years of experience in the industry. Three complaints have been resolved over the past three years. This business has received accreditation from the Better Business Bureau, demonstrating their commitment to maintaining high standards of quality and customer satisfaction.
Find out about the BBB rating and accreditation of Endeavor Metals Group.
According to Sitejabber, Endeavor Metals Group has received a perfect 5-star rating based on the feedback of just 2 customers. There is limited information on their Sitejabber profile.
Reviews on Google:
nEndeavor Metals Group has received an impressive rating of 4.9 stars out of 5 on Google, as per the feedback from numerous satisfied customers. There are a total of 59 customer reviews on Google, and the majority of them are positive. Customers have been impressed by the company’s exceptional customer service, professionalism, and expertise.
EMG’s rating on Google Yelp: Endeavor Metals Group has received a perfect 5-star rating on Yelp, based on a single customer review. The review is favorable. In addition, the customer expressed their satisfaction with the shipping, services, and products provided.
Checking out the reviews for Endeavor Metals Group on Yelp.com
Business Directory:
Endeavor Metals Group has received a perfect 5-star rating on Yellow Pages, based on a limited number of 12 customer reviews. The reviews provided are overwhelmingly positive. Customers have been raving about the company’s staff, who are both knowledgeable and friendly. They also appreciate the quick shipping and competitive prices.
Rating on Yellow Pages for EMG
Consumer Affairs:
Consumer Affairs rates Endeavor Metals Group highly, with an impressive 4.7 out of 5 stars based on 27 customer reviews. Most of the reviews are positive, with customers praising the company’s excellent customer service, expertise, and efficient delivery.
Are there any complaints about Endeavor Metals Group? Is there cause for concern?
There are very few negative reviews online about this business. Considering the limited number of reviews they have, it’s clear that they haven’t received much feedback.
When assessing complaints or concerns, it is crucial to take into account the broader context and the proportion of complaints compared to the company’s customer base.
It is important for businesses to carefully evaluate the nature and seriousness of any complaints they receive.
Having a small number of reviews and a limited online presence is concerning.
In addition, there have been some complaints regarding their customer service. Some customers have expressed concerns about the transparency of the sales staff at Endeavor Metals Group during the purchasing process.
Undoubtedly, that is a significant warning sign that should not be overlooked.
Here are a few consumer reviews from reputable websites:
#1. It is crucial to keep in mind that when buying silver rounds/coins, there is a possibility of being charged a higher price. Similarly, when selling, the company might offer a buyback price that is approximately 10%-15% lower than the sale price, usually based on the raw silver price. In order to generate a profit, the raw silver price would need to rise by a minimum of 15% from the purchase price. It’s important to be aware that salespeople might not reveal this information during their sales presentation. Ali regrets purchasing silver coins/rounds as one of his major investment blunders.
Registering a complaint about Endeavor Metals Group’s exorbitant markups. Ira noted that Endeavor Metals supplied them with crucial details like pricing and stochastics, indicating the representatives’ expertise in the industry. They understand the value of including precious metals in one’s portfolio as a means of diversification. Ira also pointed out that Endeavor Metals provides a diverse range of options, showcasing a strong selection for investors.
Review of Endeavor Metals Group #3. Chris had a fantastic experience with Endeavor Metals Group, LLC. The customer expressed their satisfaction with the interaction and stated that they would not hesitate to choose Endeavor Metals Group again if they needed to sell gold in the future.
Review of Endeavor Metals Group, LLC #4: A glowing recommendation. Paul had a great experience with Arnold at Endeavor Metals, praising his exceptional knowledge and helpfulness during their interaction. Paul was pleased with the reasonable prices and was impressed by Arnold’s extensive knowledge of the products. Paul highly recommends Arnold and Endeavor Metals to others, drawing from his extensive experience in the field.
Paul’s glowing review of EMG for their exceptional customer service #5. Kendall has had an outstanding experience with Endeavor Metals Group. He highlights the team’s impressive level of expertise.
Positive review highlighting the exceptional customer service provided by the company
Endeavor Metals Group Lawsuits: UniCourt & Justia
UniCourt image 306
Naiman has initiated legal action against Endeavor Metals Group.
Is Endeavor Metals Group a legitimate company? Should You Consider Investing With Them?
Although they are a legitimate company, I would advise against investing with them.
Advantages:
Good range of products available
Drawbacks:
Opinions are varied
Insufficient clarity
In my opinion, Endeavor Metals Group is a well-known gold IRA provider, but they may not be the top choice.
