Disclaimer: Some or all of the companies reported here may provide compensation to us, at no cost to our readers. This is how we keep our reporting free for readers. Compensation and detailed analysis are what determines how companies appear below.
Before we get started, investing your savings is a serious task. When it comes to adding precious metals to your portfolio, how do you know which companies to trust?
That is why we have researched every company in the industry and selected the very few with the highest customer service standards.
This way you can easily compare the best companies in the business, and choose one that fits your needs and investment goals.
Read the list to see if Perpetual Assets passed our strict customer service standards to become one of our top recommendations.
Get a FREE Gold Information Kit from our #1 recommendation, by clicking the button below:
Get the FREE Gold Kit smart investors are using to protect their retirement savings.
About Perpetual Assets
Perpetual Assets is the first American cryptocurrency and precious metals dealer, specializing in retirement accounts.
Based in Wyoming, Perpetual Assets is a privately-held company with a small team. The company offers an LLC IRA retirement solution to give its clients complete control over their retirement accounts. This also gives clients greater flexibility to invest across several asset classes seamlessly.
According to Perpetual Assets, their cryptocurrency trade desk offers clients the quickest onboarding process in the industry. They also have a convenient customer service team to get you through the KYC and AML process.
Perpetual Assets has appeared on Forbes, Yahoo Finance, Smart Money, Market Watch, and International Business Times. If you're looking for new ways to diversify your retirement portfolio, such as with cryptocurrency, Perpetual Assets is a company that is worth the watch.
When it comes to precious metals, Perpetual Assets have everything you need. If you're interested in owning precious metals in a precious metals IRA, this company has a great selection of gold and silver bars and coins to consider.
Gold Coins & Rounds: American Gold Eagle, Canadian Gold Maple Leaf, American Gold Buffalo, and Australian Gold Kangaroo.
Gold Bars: 1 oz Perth Mint Gold Bar, 1 oz Royal Canadian Mint Gold Bar, 1 oz Pamp Suisse Gold Bar, 10 oz Perth Mint Gold Bar, and 10 oz Pamp Suisse Gold Bar.
Silver Coins & Rounds: American Silber Eagle, Canadian Silver Maple Leaf, Silver Buggalo, and Silver Generic Round.
Silver Bars: 10-ounce Silver Bar, 100 oz RCM Silver Bar, and 100 oz Silver Bar (various brands)
Crypto is one of the most popular new investment resources. But one problem faced by the crypto ecosystem is the lack of USD to crypto conversion. Clients have had a difficult time purchasing cryptocurrencies with US dollars, especially when purchasing a significant amount.
This is what sparked the creation of Perpetual Assets Crypto OTC. This service provides clients with a no-hassle way to invest in cryptocurrency.
One thing that's important to note is that this service is only available for their LLC IRA clients or can be utilized by those who are not clients but all compliances have been met.
To take advantage of this service, you must fill out one of their online applications. You'll need to fill out the onboarding form and user agreement. Then, Perpetual Assets will run you through the mandatory compliance of KYC and AML steps.
Once these steps are complete, Perpetual Assets notifies you of bank wire instructions for the transaction.
Once the bank wire is received, you will receive an email asking for a scheduled trade date and time. You'll also need to provide the wallet address for which crypto you are purchasing.
Perpetual Assets will then execute the trade with you over the phone. Once the trade is completed, they will immediately conduct a small test transaction to confirm that the crypto was received by you.
(click for better view)
You and Perpetual Assets will need to confirm that it was received. After this is complete, the remaining balance of the trade will deposit onto the wallet. You will receive an invoice for the transaction. This invoice will be generated immediately following the deposit.
Perpetual Assets has three different application types for crypto: individual application, entity application, and crypto buyback. You'll need to choose which application fits your needs.
Order and Shipping Information
Perpetual Assets states that photos of products are a representation of the item you will receive and may or may not be the actual item. However, the photos are meant to represent the general quality of the items.
The company states that all prices are subject to change due to market changes. They reserve the right to refuse an order if the quoted price for an item is incorrect due to typographical, technical, or system errors.
They also reserve the right to accept or reject any order. Once you've placed an order, you have entered a legally binding agreement and you cannot cancel any order that has been confirmed.
If payment isn't submitted within 1 business for bank wire payments, Perpetual Assets may offset your order and implement the conditions found in their Market Loss Policy. With that said, be sure to go over what their policy entails.
Perpetual Assets also facilitate an LLC IRA. The LLC IRA is the only way a client can control cryptocurrency private keys in a retirement account. With this, the client will be able to control the delivery and storage options of precious metals and cryptocurrency.
This level of control also enables clients to hold liquidity, stocks, bonds, property, and several other asset classes.
Note that Perpetual Assets state that the full cost of the LLC IRA can be paid with funds from a retirement account. According to Perpetual Assets, they won't tell you what to invest. They simply facilitate the LLC IRA, ensure you are compliant, and get the capital to its destination.
There are several other benefits of the LLC IRA. For instance, you'll get to eliminate all the transaction fees associated with traditional retirement accounts. However, you are required to pay the annual administrative fees.
Even more, having an LLC IRA means you'll also eliminate delays that typically come with executing transactions through the administrator.
Let's take a look at how it all works:
Perpetual Assets states that regardless of the type of retirement account you have, they will execute the rollover process to a self-directed IRA with one of the administrators that they use.
While they are executing the rollover, Perpetual Assets will begin to form your IRA-owned LLC.
Once the funds have been transferred to the new administrator and your LLC is completed, the funds will be sent from the administrator to the LCC.
At this point, you get to make whatever investment decisions suit your needs. You can invest in precious metals and cryptocurrency, hold liquidity, invest in land, and more.
(click for better view)
With that said, the company makes note of a few transactions that are prohibited. This includes life insurance contracts, collectibles, and self-dealing. If you're concerned about whether your transaction is prohibited, Perpetual Assets states that they'll walk you through the process.
Perpetual Assets states that they are experts at creating the proper documents and creating customized entities. They also have extensive knowledge of how to remain compliant with the IRS, state, and trustee rules and regulations.
To receive their assistance, it will cost $1997. This fee can be paid with retirement funds. Here are details of what you'll be paying for:
Perpetual Assets offers extensive services to help you get started and maintain your LLC IRA. To get started, all you'll need to do is click the application link on their website.
The company is located at 30 N Gould St STE 2540 Sheridan, WY 82801. If you need to get in touch with Perpetual Assets by phone, feel free to call them at 888-281-2630. You can also email them at firstname.lastname@example.org
Perpetual Assets Pros & Cons
Perpetual Assets may be a good choice for your investment needs. Read on to learn some pros and cons of this company:
If you're looking for an opportunity to invest in crypto in an IRA, you've come to the right place. Perpetual Assets is the only company in America that enables you to do so. This feature alone sets Perpetual Assets apart from its competitors and makes it the perfect solution for all crypto enthusiasts.
Perpetual Assets states that it has received recognition from a few financial companies like Yahoo Finance and Forbes. This is a good sign that this innovative company has something great to offer its clients.
Perpetual Assets offers an abundance of educational materials for investors to learn and grow their wealth with ease. Whether you're new to the precious metals industry or cryptocurrency, these resources serve as invaluable tools to give you the confidence you need to invest.
Unfortunately, there are a few negatives that you'll want to keep in mind before investing. One of those negatives is the fact that Perpetual Assets is lacking in information about the company.
While they do have an About page, it's quite scarce compared to competitors. There is no information on the founder, executive team, or even when the company started.
Even more, there's not much information that can be found when searching online. The lack of transparency can easily make investors reluctant, especially when its standard to share detailed information about the company.
To add to the previous point, Perpetual Assets is not a BBB-accredited business. There are plenty of precious metal dealers and gold IRA specialists that are accredited. For this reason, it can be difficult to choose Perpetual Assets over other financial companies, even if they offer crypto in an IRA.
The company doesn't just focus on cryptocurrency, they also offer precious metals like gold and silver. Unfortunately, if you're planning to buy precious metals, you'll find that most metals are out of stock on its website.
It's unclear how often new precious metals are added to their inventory. With that said, this is something to keep in mind. Investors that have a greater interest in precious metals for their IRA may not find Perpetual Assets as valuable to them.
Another downside of Perpetual Assets is that the company appears to have no reviews from trusted external sources like Trustpilot or Consumer Affairs.
Reviews are an essential part of choosing any financial company. They give you insight into how a company operates and what kind of customer experience they provide.
Unfortunately, without these reviews, investors aren't able to make an informed decision and truly see how Perpetual Assets fit their needs.
It's worth noting that there are some reviews featured on their website. But these reviews come from no specific source. In fact, they look like they were typed internally from the website.
With that said, there's no way to guarantee whether these reviews were from actual customers or whether Perpetual Assets typed these reviews themselves.
Final Thoughts on Perpetual Assets
Perpetual Assets is a legitimate company based in Wyoming. This company enables investors to buy and sell precious metals and cryptocurrency. It also offers IRA services and is the first company in America to enable investors to own precious metals and cryptocurrency in an IRA.
This innovative company is expanding the financial solutions offered to investors. With that said, the company does not share much information about itself.
Additionally, Perpetual Assets haven't seemed to gain much traction online overall. You'll need to talk with a representative to ensure you receive adequate information about the company.
But if you're interested in exploring the benefits of owning cryptocurrency in an IRA, you may want to give Perpetual Assets a try.
Remember to read out list of the Top Gold Companies to see if Perpetual Assets made the cut.
Or, if you like what you read about Perpetual Assets, you can visit their website below.