Good day! Here is my review of "Is Millennium Trust Company A Scam?" Enjoy reading!
(UPDATED APRIL 2022)
Our world today is seemingly drawn to the idea of owning gold and silver. You may have already encountered dealers trying to persuade you into buying. We will be reviewing one of them in this article.
Is Millennium Trust Company a scam? We will look at the overall structure of the company, the products and services that they offer, and a verdict on whether or not to invest in them.
If you’d like to skip right to our number-one choice in gold IRA companies, check out Augusta Precious Metals here!
Interested? Well then, let’s take a look at possible answers to the question – Is Millennium Trust Company a scam?
Millennium Trust Company Review Quick Summary
You might be interested in allocating some of your hard-earned money into buying precious metals such as gold, silver, and palladium. But beware!
Doing extensive research is prerogative whenever one is venturing to a completely new experience, and that is also true when it comes to investing in these precious metals.
However, you must be very careful while exploring for possible dealers online. You never know what dangers and risks you are putting yourself in.
If you are interested in reading a review about the TOP rated firm in this industry, please click here.
Millennium Trust Company – What Is It About?
As one of the leading financial firms in the industry today, Millennium Trust Company offers a variety of services. From precious metals to self-directed IRAs services, they have it all.
They offer these services in relatively cheaper prices. And they claim that they are competitive if compared side by side with other firms.
(Note: Being relatively cheaper will also mean that service quality will go down a certain degree, so you must be vigilant. Our recommended gold IRA company can be seen here.)
During its establishment in 2000, the company has established itself in the financial industry. Recent reports and data has shown that they have more than 300,000 accounts in their client base.
Most of their clients are catered by exceptional and talented employees with trusted expertise and qualifications. They also have outstanding service and accessible array of custody solutions.
Be it investment accounts, retirement funds, or managing any kind of assets, Millennium Trust Company is more than competent to service you.
Their management team has been on the industry working in trust, asset, online banking, and technological operations. Furthermore, their client base has translated to more than $11 billion in assets.
In every interaction, their client base can be rest assured that it will handled with utmost care, partnered with smart solutions and meaningful collaborations.
The Chief Executive Officer of Millennium Trust Company is Gary Anetsberger. He has over 40 years of experience in relation to financial services.
During a period of record growth over the last 14 years, he managed and oversaw activities ranging from team operations, client services, information technology, and handling of management teams.
He has been named CEO in March 2016.
How Does This Firm Work?
As a self-directed IRA custodian, Millennium Trust Company focuses on provided opportunities centered on investments and funds to its valued clients.
If you lack the understanding and experience in this type of investing, you may rely on this company for vital pieces of information before investing your time and money in it.
After all, taking chances when the odds are stacked against you is meaningless. Most importantly, you should not begin an investment without first acquiring the necessary information.
Because of this, Millennium Trust Company makes every valuable effort to have a talk and educate investors before they partake in any form of activity.
Another important aspect to remember about this financial institution is that it gives investors entire management over their tax-free retirement funds.
Investors, on the other hand, have the option of diversifying their portfolio. The company's main goal is to educate and guide investors so that they may get the most out of their money.
Increasing Competition and Millennium Trust Company
You might be astonished to learn that Millennium Trust Company's market rivalry is rapidly expanding. Many more businesses offer similar services.
The only distinction is that several of them offer lower interest rates than Millennium Trust Company.
However, many consumers continue to use Millennium Trust Company's services because they are aware that the reliability and assurance they will receive from Millennium Trust Company is not accessible in many other places.
Millennium Trust Company distinguishes itself in the industry by offering clients custom-tailored services.
They will assess your position and provide the best solution to fulfill your investing needs, allowing you to continue to enjoy a profitable life after retirement.
Positive Aspects Of Millennium Trust Company
If you're looking for a gold IRA company to work with, it's a good idea to examine the benefits and drawbacks of different options.
Listed below are some of the advantages of investing in this firm:
1. Customer equality
Whether you are investing large sums or not, or whether you are a high-ranking official of some organizations or a diligent and thrifty worker, you can be rest assured that you will be given the same care, support, and service by Millennium Trust Company.
2. Rapid growth of client base
Since the firm has a well-established name and is already in the industry for quite a time, the client base will surely continue to grow at a fast rate.
Partnered with a good management team, their growth will only continue to be impressive.
3. Varied Solutions
Solution one does not fit to your taste? Well, Millennium Trust Company will surely have other alternatives and solutions that will be to your liking.
Whether it be an alternative or traditional way, you can select options for services that you will be comfortable with.
Few Flaws of Millennium Trust Company
1. Fee is relatively high and there are additional
Compared to other firms, the safety storage of metal and any administration services is relative higher. And with a segregated storage, clients will have to pay more.
It is safe to say that Millennium Trust Company is catered to clients that can invest a lot of money in a single transaction.
2. Negative or no reviews at all
Other reputable sources which investors check before doing business with a company, do not currently provide reviews or ratings for Millennium Trust Company.
Complaints and Customer Reviews
Fancy being knowledgeable about some of Millennium Trust Company's rating? Well, do not put your hopes up because it seems that they are still looking for ways to improve on those.
If you are eager to work with a firm that has immaculate reviews and ratings, please click here.
Better Business Bureau (1.3/5)
Better Business Bureau, or BBB, is a private, nonprofit organization whose self-described mission is to focus on advancing marketplace trust.
Since many businesses are accredited by BBB, many people consult this organization before fully committing to a firm. Unfortunately, BBB has given Millennium Trust Company a very low rating.
Trustpilot (No reviews)
Trustpilot, an online source for fair and unfiltered business reviews, has received no complaints and customer reviews about this organization.
Yelp is a company intended to gather crowd-sourced reviews about businesses and establishments.
They have pages devoted to reviews regarding one business or facility. With that, numerous reviews for Millennium Trust Company is not a thing to be happy about.
People use Glassdoor to find out more about companies they want to work with. A couple reviews gave Millennium Trust Company an average rating of 3.6.
Final Words and Verdict
Verdict: Not a scam, but would not recommend
Overall Rating: (3/5)
Millennium Trust Company is a company the puts focus on self-directed IRA education.
Millennium Trust Company may be a fantastic investment option because of their IRA offerings.
The company's fees are undoubtedly more than competitors', but they claim that they will provide you with value for money that is difficult to find elsewhere.
Millennium Trust Company's skilled personnel will ensure that you receive the services you require based on their years of experience and competence. Please contact them via their website if you require additional information about their products and services.
So the answer to the question “Is Millennium Trust Company A Scam?” Absolutely no. But would you be willing to invest your hard-earned money in this firm? Take heed of our warning
Be vigilant and put into consideration the negative reviews and very low ratings as it might deter you from investing in Millennium Trust Company.
Thank you for reading my review on "Is Millennium Trust Company A Scam?" Feel free to comment below if you have some things to say in the comment section below.