Is Millennium Trust Company A Scam? (Updated 2023)

January 26, 2023

Welcome to this Millennium Trust Company review! Is Millennium Trust Company A Scam? Well...

In 2022, it seems that more and more people are drawn to the idea of owning gold and silver, especially with all the chaos this year, from threats of war to food shortages. 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 buy from them.

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

Name: Millennium Trust Company

Owner and CEO: Gary Anetsberger

Price: Varies

Rating: 3/5

Is Millennium Trust Company A Scam?

Important Reminder:

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 buying gold.

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 want to avoid getting scammed, check out this top rated gold dealer with loads of positive reviews by clicking here!

Millennium Trust Company – Who are they?

As one of the 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. A 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.

The Management

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.

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.

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 using this firm:

1. Customer equality

Whether you are buying 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.

Complaints and Customer Reviews (Updated November 2022)

Want to be 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: As of November 2, 2022, their rating has DROPPED even more from 1.2 out  to just 1.19 out of 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.

And take a look at some of the negative reviews that were left on BBB:

Millenium Trust Company BBB Reviews (Updated September 2022)

Yikes! Buyer beware!

What do people have to say about them on Trustpilot? Well, as of November 2, 2022, they have a rating of 4.2 out of 5 based on 26,876 27,242 reviews... but why do they have so many high reviews on Trustpilot but not on BBB?

Quite the contrast to the BBB rating, huh? Seems sketchy, no?

And what do people say on Yelp? Well, as of November 2, 2022, it appears that their rating still sits at 1.5 out of 5 (!!) based on 297 reviews:

How is that even possible? Are they THAT terrible?

Would you want to work with a company with that low of a rating?

This guy wouldn't...

If you're looking for an alternative to Millennium that has many positive reviews without the low sketchy ratings on BBB and Yelp, click here.

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 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 buy with your hard-earned money from 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 using 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.

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